Q1 loss will not bad as bad as its record Q4 result
AIG is expected to post a first-quarter loss on Thursday, but results will not trigger a new capital injection from the US government Reuters reports.
The loss in the first quarter is expected to be lower than its record fourth-quarter loss of $61.7bn.
On Monday AIG was said to be close to a deal to sell its Japanese headquarters for about $1bn to a Japanese insurance company.
Websites
