AIG Bailout Borrowing Hits $92.5 Billion

Stock quotes in this article: AIG  

AIG chairman and CEO Edward Liddy told Business Insurance in a Q&A session published Monday that AIG is expecting the serious buyers interested in the assets to be awaiting the third-quarter results. Liddy said "There will be some really good values attached to these various properties."

Liddy indicated that the insurance businesses are doing OK, but said "the market is tough for all insurance companies right now."

TheStreet.com Ratings issues financial strength ratings for 4,000 life, health, annuity, and property/casualty insurers are available at no charge on the Insurers & HMOs Screener. In addition, the Financial Strength Ratings on each of the nation's 8,600 banks and savings and loans are available on the Banks & Thrifts Screener.

For more coverage from TheStreet.com Ratings team, check out TheStreet.com Ratings section.

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Gavin Magor joined TheStreet.com Ratings in 2008, and is the senior analyst responsible for assigning financial strength ratings to health insurers and supporting other health care-related consumer products, including Medicare supplement insurance, long-term care insurance and elder care information. He conducts industry analysis in these areas. He has more than 20 years' international experience in credit risk management, commercial lending and analysis, working in the U.K., Sweden, Mexico, Brazil and the U.S. He holds a master's degree in business administration from The Open University in the U.K.

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