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