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AIG may list its casualty business to raise funds


Troubled US insurance giant AIG AIG addressee indicator group (US DoD)
AIG American International Group, Inc
AiG Answers in Genesis (religious group in defense of Scripture)
AIG Artificial Intelligence Group
AIG Australian Industry Group
 may take its casualty insurance unit public, and sell a 20 per cent stake, to raise billions of dollars to pay back public funds See Fund, 3.

See also: Public
, a report said Thursday.

American International Group
"AIG" redirects here. For other uses, see AIG (disambiguation).


American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City.
, taken over last year by the US government in a 170-billion-dollar rescue from the financial crisis, is considering listing AIU AIU American Intercontinental University
AIU Allegheny Intermediate Unit (Homestead, PA)
AIU Atlantic International University
AIU Association of Indian Universities
AIU Association Internationale des Universités
 Holdings, AIU's vice-chairman Nicholas Walsh told the Nikkei economics daily.

"Because of what has happened to our parent company, we have to go on an independent track," Walsh told the Nikkei. "It would be reasonable to conclude that a US listing was probably the most likely outcome."

The Nikkei said the specific timing for the listing would be decided later.
Copyright 2009 AFP Global Edition
No portion of this article can be reproduced without the express written permission from the copyright holder.
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Author:AFP
Publication:AFP Global Edition
Date:Jun 18, 2009
Words:116
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