American International Group, the net loss for three consecutive quarters

The world's largest insurer American International Group (AIG) 6 issued earnings reports that as credit default swaps, and other business losses, in the second quarter of the group for the third-quarter net loss.

财报显示, AIG second quarter net loss of 5.36 billion U.S. dollars, a year earlier to 4.28 billion U.S. dollars profit. The first quarter of this year group loss 7.81 billion U.S. dollars.

The second quarter, AIG Credit default swaps in the loss reached 5.57 billion U.S. dollars; general insurance business income fell 54 percent to 1.39 billion U.S. dollars, from life insurance and retirement services operating income fell 10 percent to 2.6 billion U.S. dollars; In addition, the provision of personal housing mortgage loans consumer finance business in a loss of 22 million U.S. dollars.

AIG CEO Robert »Weierlunsi Montand said that the Group's management will be the end of September announced a plan to help the group through difficult times and re-raise corporate value.

As AIG in the crisis in the loan-to-severe attack on former CEO Martin »Sullivan in June this year, be removed from office, the former Citibank executive Weierlunsi Montand successor to the post. (-)