AIG

The United States' top credit rating could be at risk should its nascent economic revival not develop into a full-blown recovery, Moody's Investor Service has warned.

It has been a dynamic year for both the ETF industry and ETFM, with the magazine recently celebrating its first anniversary amid a plethora of market developments. The announcement in June that BlackRock was to acquire Barclays Global Investors (BGI),...

A number of major insurers are thought to be on a list of companies that pose a systemic risk to the financial system.

Bailed-out US insurer AIG has announced it will not be renewing its £52m sponsorship deal with Manchester United Football Club (MUFC).

Wealth manager St James's Place says it will make a one-off goodwill payment of £6.9m to clients it recommended invest in AIG Life's frozen Enhanced fund.

Prudential is considering handing a 20% stake to a sovereign wealth fund to bankroll a bid for part of AIG, its stricken American rival, The Times reports.

ETF Securities yesterday suspended trading on a number of its Exchange Traded Commodities (ETCs) due to its exposure to ailing insurance giant AIG.

Swiss Re has revealed a net exposure to insurance giant AIG, for whom it acts as reinsurer, of around CHF 200m (£100m).

The Federal Reserve last night announced an $85bn rescue package for ailing AIG to prevent the insurer becoming the latest and largest casualty of the credit crunch.

Living Time, the AIG-backed UK annuities company, has stressed it is very much "business as usual" at the firm despite the troubles surrounding its American parent company.