May 6, 2011

ASBESTOS UPDATE: AIG Posts $2.223-Bil. Net Liability at Dec. 31

COMPANIES: American International Group Inc
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American International Group, Inc.’s net asbestos liability for unpaid claims and claims adjustment expense was US$2.223 billion for the year ended Dec. 31, 2010, compared with US$1.151 billion for the year ended Dec. 31, 2009.

The Company’s gross asbestos liability for…

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TOPICS: Asbestos | General News | Insurance | Legal Issues, Litigation
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