Not many of the insurers that already have reported their fourth quarter and year-end results in recent weeks seem to have faced as much speculation leading up to their report as
Reuters today released a story examining the possibility that the bailed-out insurer may possibly post another multi-billion dollar loss when it releases its Q4 earnings report later today after the market closes. The report says that AIG could be looking at its ninth quarterly loss in the past three years. Since the bailout, the beleaguered insurer has lost more than $75 billion.
The biggest issue upon which the quarter hinges, Reuters reports, is the performance of AIG's two major subsidiaries: Chartis Inc. and SunAmerica.
Two weeks ago, AIG
Some good news, however, came late last month when the
Check back tomorrow for a full recap of AIG's Q4 results.
To see last week’s Q4 results recap from around the insurance industry, click