AIG has bounced back

American insurer AIG is back to business. After being rescued from bankruptcy by the State in 2009, it is about to post a profit of about 7 billion USD for the year 2013. In 2012, a positive result of 6.6 billion USD was reported. The insurance company has refunded the 205 billion USD lent by the Fed, enabling it to make a capital gain of 25 billion USD.

This turnaround has been achieved through the sale of all non-strategic assets, including subsidiaries Alico in the United States and AIA in Asia. AIG brand, which had disappeared for a while, was reintroduced in 2012 with a five-year sponsorship deal with the rugby team All Blacks.

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