September 2, 2011

ASBESTOS UPDATE: American Int’l. Posts $2.262-Bil. Net Liability

COMPANIES: American International Group Inc
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American International Group, Inc.’s net asbestos-related liability for unpaid claims and claims adjustment expense were US$2.262 billion during the six months ended June 30, 2011, compared with US$1.075 billion as of June 30, 2010.

The Company’s gross asbestos-related liability for unpaid…

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TOPICS: Asbestos | General News | Insurance | Legal Issues, Litigation
LOCATIONS: New York | United States