AIG chief says "lot of work to do" after compay post $5.4bn Q2 net loss
AIG chief executive Robert Willumstad has admitted that the company has a “lot of work to do” to restore it to its former glory after it reported net losses of $5.4bn in the second quarter.
The group also reported losses in the first half of the year of nearly $13.2bn. Last year’s first half figure was a net profit of $8.4bn.
“These results do not reflect the earnings power and potential
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