AIG posts record quarterly loss of $5.29 billion

02/29/2008 | New York Times (tiered subscription model), The

The American International Group, the largest insurer in the world by assets, on Thursday posted the largest quarterly loss in its 89-year history: $5.29 billion. Analysts say the insurer's woes point to broader problems in financial services, which will likely result in more bad news.

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New York Times (tiered subscription model), The

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