Word: aig
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American Intl. Group (AIG...
...million Value of U.S. insurance firm AIG's sponsorship deal with soccer club Manchester United, to have its logo appear on team jerseys for the next four years $8.5 billion Amount spent by fans in the five biggest European markets on soccer shirts and merchandise in the past year...
...Nabi's favorites is Home Depot, whose profits have been soaring and should grow an additional 14% this year. Yet the company's shares sit 39% below their level of six years ago. Other depressed blue chips include Intel, Dell, J.P. Morgan, Wal-Mart, Coca-Cola, Verizon, Citigroup, AIG...
...customer data hostage, says ACE USA underwriter Brad Gow. Third-party liability covers legal expenses if security fails and someone sues. Annual premium payments range from $7,500 for a medium-size ($25 million in sales) company to hundreds of thousands of dollars for a multinational corporation, according to AIG. To qualify for coverage, companies must adhere to internationally accepted security standards. "You never know what you're going to come up against," says Moira Mooney, senior risk manager for InterActiveCorp, which owns several online businesses. "Having the insurance is a backstop...
...course, cutting corners to get an extra day with a lady friend, as was the case in London, is one thing. But now Greenberg faces serious charges of cutting corners to make AIG's financial might appear greater than reality, and in so doing ripping off shareholders who have lost nearly $50 billion in the value of their stock since Spitzer served the first subpoena. In Spitzer's suit, he alleges that AIG, through bogus transactions, inflated the reserves it keeps to pay claims by hundreds of millions of dollars; that Greenberg repeatedly directed AIG traders late...