Will AIG Be Too Big To Fail Again?

One type of fallout from Japan’s disasters is likely to be financial.  Will the American taxpayers be asked to bail out AIG again? 


from Finacial Times:

“AIG, which operates four businesses in Japan under the umbrella of Chartis Inc, accounts for just under 9 per cent of Japan’s vast property and casualty insurance market, making it the market’s largest foreign insurer and fourth largest overall. It acquired the majority stake in Japanese insurer Fuji Fire & Marine last year. The group is likely to face considerable claims related to Friday’s earthquake.”


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: