Skip to main content

AIG to keep up to $500m of derivatives on balance sheet

AIG lobby

AIG is to keep $500m of derivatives from its defunct AIG Financial Products unit, Reuters has reported.

Quoting a spokesman, Reuters said that AIG "will keep derivatives with $300bn to $500bn in notional value as it unwinds positions at AIG Financial Products."

AIG had to be bailed out by the US

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Diary of an Insurer: Swiss Re’s Leo Dixon

From winter storm-driven flight delays, to early morning sea-air walks in Poole and artificial intelligence-driven Claims Reimagination sessions, Leo Dixon, global head of claims for property and casualty reinsurance at Swiss Re, shares why there’s no such thing as a typical week in claims.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here