Posts Tagged ‘ Debt ’

AIG sells itself, bit by bit, to pay off debt

Dec 23rd, 2008 | Category: Insurance Today

The insurance giant is selling its HSB subsidiary for $742 million to Munich Re in its third unit sale this month. NEW YORK (CNNMoney.com) – As part of its plan to pay back a massive government bailout, American International Group Inc. is selling assets, with its most recent sale on Monday. New York-based AIG (AIG, […]