AIG und die Zukunft

http://www.rttnews.com/ArticleView.aspx?Id=1223697&SMap=1  

Es sind keine 180 Milli. mehr sonder ca 70-80 Milli. musst auf die AIG Seite und da
nachgucken .Da mein englisch nicht so gut ist und google Übersetzung kein Mensch versteht.
Schau am besten selber.  

nie 180 mrd usd !! :-)

so ists richtig...

 

Total Authorized Assistance: $182.3 Billion
Total Outstanding Assistance: $120.7 Billion
Outstanding Debt and Equity Balance Requiring Repayment from AIG: $83.6 billion

http://www.aigcorporate.com/GIinAIG/owedtoUS_gov_new.html

Ich finde es ist positiv zu bewerten das überhaupt etwas zurück gezahlt wird...besser als nichts  

die 60 Milli was sie an die Banken  Zahlen müssten. (lach).
Komisch schau auch immer bei google Finanz da normal der PRE erst so um 13:00  

Frankfurt (aktiencheck.de AG) - Die Wall Street startete am Donnerstag mit schwächeren Notierungen in den Handel, so die Analysten der Helaba.

Der feste USD und wieder aufkeimende Konjunktursorgen hätten belastet. Die Initial Jobless Claims, welche überraschend auf 496.000 (vs. 455.000 in den Schätzungen) geklettert seien, hätten ein Übriges dazu beigetragen. Im weiteren Verlauf hätten die US-Märkte aber zu einer Erholung angesetzt und nur noch mit leichten Verlusten von 0,1% bis 0,5% geschlossen.

Der US-Konjunkturdatenkalender sei heute sehr gut gefüllt. Im besonderen Fokus der Marktteilnehmer würden zum einen die erste Revision des BIP für das vierte Quartal und zum anderen der Chicago-PMI stehen. Das annualisierte BIP-Wachstum des vierten Quartals sei ursprünglich auf 5,7% geschätzt worden. Eine Aufwärtsrevision Richtung 6% scheine möglich, da vor allem im Lagerbestand deutlich höhere Werte veröffentlicht worden seien als zunächst angenommen. Der Chicago-PMI werde Hinweise auf den in der kommenden Woche anstehenden ISM-Index für das Verarbeitende Gewerbe liefern. Unternehmensseitig stünden kaum Quartalsberichte zur Veröffentlichung an. Lediglich ein Blick auf das Zahlenwerk von AIG erscheine ratsam. (26.02.2010/ac/a/m)

2010-02-26 10:14:12



http://nachrichten.boerse.de/...usten/fb391977&page=&segment=  

M.E. ist die Verschuldung von AIG z.Z. vollkommen unwichtig.
Jedes Unternehmen auf der Welt hat Schulden, warum soll oder darf
AIG also keine Schulden haben? Wichtig sind die Quartalszahlen
und die weitere Entwicklung des Unternehmen !
Dann werden sich die ganzen Probleme nach und nach in Luft auflösen.  

Die Allianz führt heute den DAX an und es wäre schön,
wenn AIG heute am Ende des Tages im S & P 500 ganz oben
stehen würde.  

recht schön....

http://research.stlouisfed.org/fred2/series/WAIG  

heute geht die post ab sag ich euch schon mal jetzt vorraus;)
 

Es sieht aus als würde heute etwas passieren hoffentlich nach Norden...  

ist euch in letzter Zeit aufgefallen wie Zahlen aufgenommen werden?

Schlechte News........Panik, Abverkauf

Gute News......Gelegenheit Gewinne mitzunehmen....Kurs fällt trotzdem oder stagniert

Aber positive Kurs"Explosionen" waren in letzter Zeit doch eher Mangelware

Natürlich wären für langfristig investierte positive Zahlen beruhigend zu lesen, aber erwartet euch kurzfristig nicht zu viel von heute. Sollten Dow, Dax,.....die Korrektur fortsetzen wird sich auch AIG dem nicht entziehen können, egal wie gut die Zahlen ausfallen  

http://online.wsj.com/article/...?mod=WSJ_World_MIDDLEHeadlinesEurope  

Was sollen all die Vermutungen? Ich weiß genau, was kommen wird:
Der Kurs geht heute hoch.
Oder runter.
Am wenigsten wahrscheinlich erscheint ein +- 0.

Easy, oder?

http://finance.yahoo.com/news/...ourth-Quarter-bw-1925361584.html?x=0  

AIG Reports Fourth Quarter and Full Year 2009 Results

American International Group, Inc. (AIG) today reported a net loss attributable to AIG common shareholders of $8.9 billion for the fourth quarter of 2009, or $65.51 per diluted common share, compared to a net loss of $61.7 billion or $458.99 per diluted share in the fourth quarter of 2008. Fourth quarter 2009 adjusted net loss was $7.2 billion, compared to an adjusted net loss of $38.5 billion in the fourth quarter of 2008.

The net loss in the quarter can be primarily attributed to the following items:

• As previously disclosed, $6.2 billion ($4.0 billion after tax) of interest and amortization expense, including $5.2 billion ($3.4 billion after tax) of accelerated amortization expense on the prepaid commitment asset resulting from the $25 billion reduction in the balance outstanding and the maximum credit available under the Federal Reserve Bank of New York (FRBNY) Credit Facility;
• As previously disclosed, a $2.8 billion ($1.5 billion after tax) loss recognized on the pending sale of Nan Shan Life Insurance Company, Limited (Nan Shan);
• Loss reserve strengthening of $2.3 billion ($1.5 billion after tax) in Commercial Insurance; and,
• A valuation allowance charge of $2.7 billion for tax benefits not presently recognizable, including those shown above.

Throughout this press release, the presentation of the tax effects of individual items is before consideration of any deferred income tax valuation allowance.

During the quarter, certain of AIG’s businesses continued to stabilize and the results reflect continued improvement in the global financial markets.

FOURTH QUARTER
(in millions, except per share data)
Per Diluted Share (a)(b)
		2009		2008		2009		2008
Net loss attributable to AIG		$	(8,873)		$	(61,659)		$	(65.51)		$	(458.99)
To compute adjusted net loss, add losses and deduct gains:
Net realized capital gains (losses), net of tax	(501)	(20,312)
Net loss on sale of divested businesses, net of tax	(326)	-
Non-qualifying derivative hedging activities, gains (losses), net of tax (c)	176	(2,176)
Net loss on discontinued operations		(1,011)			(673)
Adjusted net loss		$	(7,211)		$	(38,498)		$	(53.23)		$	(287.69)

The notable items in the quarter represent the following for the full year:

• $10.4 billion ($6.7 billion after tax) of interest and amortization expense including $5.2 billion ($3.4 billion after tax) of accelerated amortization expense on the prepaid commitment asset;
• $2.8 billion ($1.5 billion after tax) loss recognized on the pending sale of Nan Shan;
• Loss reserve strengthening of $2.7 billion ($1.8 billion after tax) in Commercial Insurance; and
• A valuation allowance charge of $2.9 billion for tax benefits not presently recognizable, including those shown above.

TWELVE MONTHS
(in millions, except per share data)
		Per Diluted Share (a)(b)
		2009		2008		2009		2008
Net loss attributable to AIG		$	(10,949)		$	(99,289)		$	(90.48)		$	(756.85)
To compute adjusted net loss, add losses and deduct gains:
Net realized capital gains (losses), net of tax	(5,215)	(42,380)
Net loss on sale of divested businesses, net of tax	(1,263)	-
Non-qualifying derivative hedging activities gains (losses), net of tax (c)	1,078	(2,646)
Net loss on discontinued operations		(566)			(2,599)
Adjusted net loss		$	(4,983)		$	(51,664)		$	(46.40)		$	(395.28)

(a)		Share and per share amounts in the 2008 periods have been restated to reflect the 1-for-20 reverse stock split effective June 30, 2009.
(b)	Basic shares outstanding were used as the effect of common stock equivalents would have been anti-dilutive given the net losses for the periods.
(c)	Represents the effect of hedging activities that did not qualify for hedge accounting treatment, including the related foreign exchange gains and losses, and excludes related net realized capital gains (losses).

Commenting on the fourth quarter and full year 2009 results, AIG President and Chief Executive Officer Robert H. Benmosche said, "Our team made great progress during the year in executing our strategic restructuring plan, by stabilizing and strengthening AIG’s insurance businesses, reducing AIG Financial Products Corp. (AIGFP) exposures, and positioning certain businesses for sale. I am delighted that several seasoned, well-respected, financial services executives, including Peter Hancock, Tom Russo, Michael Cowan and Sandra Kapell, have joined the AIG team and enhanced our prospects for rebuilding this great company.

"In the fourth quarter, we took significant strides toward the dispositions of American International Assurance Company, Ltd. (AIA) and American Life Insurance Company (ALICO); and through the creation of two special purpose vehicles (SPVs) that now own these two companies, we reduced our debt to the FRBNY Credit Facility by $25 billion in exchange for FRBNY ownership of preferred interests in the SPVs.

"As a result of reducing our debt to the FRBNY, during the fourth quarter we incurred certain losses associated with this debt reduction. Back in September of 2008, in exchange for $85 billion in support, AIG turned over a 79.9% ownership stake in the company to a trust established for the sole benefit of the U.S. Treasury. This ownership stake in effect represented a ‘pre-paid commitment’ fee that AIG valued at $23 billion as an asset on its balance sheet, which we are amortizing over the life of the FRBNY Credit Facility, accelerated for mandatory prepayments. In the fourth quarter of 2009, we accelerated the amortization of $5.2 billion pre-tax of this asset in connection with reducing the amount we could borrow from the FRBNY by $25 billion. This is the second time we have reduced the amount we could borrow. Last year, we reduced the original $85 billion commitment to $60 billion when the terms of the FRBNY Credit Facility were amended and recorded a similar accelerated amortization amount of $6.6 billion.

"Importantly, in the fourth quarter, AIG strengthened its General Insurance worldwide loss reserves by $2.3 billion, or $1.5 billion after tax, based on AIG’s year end internal actuarial analyses. AIG considered the results of its third party actuary’s analysis in reaching its judgment. This reserve strengthening represents roughly 3.6 percent of Chartis’ carried reserves at December 31, 2009.

"At our Domestic Life Insurance & Retirement Services companies, recently rebranded as the SunAmerica Financial Group, we have made notable progress in re-establishing relationships and reinvigorating sales distributions. We are very proud that Western National, one of the first insurance companies to develop fixed annuity products specifically for sale through banks, successfully regained its number one position in that market in the third quarter of 2009.

"We continue to address the funding needs and are exploring strategic restructuring opportunities for International Lease Finance Corporation (ILFC), and American General Finance, Inc. (AGF).

"Lastly, we are increasingly confident in how we see the mix of AIG's businesses over the long term. We are taking the right steps to regain our stature as one of the most respected and diverse property-casualty operations in the world, with a strong U.S. life and annuity operation and several other businesses that will enhance our nucleus, help us to meet our goal of repaying taxpayers and provide value to the communities where we operate,” Mr. Benmosche concluded.

TOTAL EQUITY

At December 31, 2009, total equity was $98.1 billion, a $21.6 billion increase from $76.5 billion at September 30, 2009. The increase includes $24.5 billion noncontrolling nonvoting callable junior and senior preferred interests in the AIA and ALICO SPVs held by the FRBNY, $3.4 billion of unrealized appreciation of investments, and $2.1 billion from a drawdown from the Department of the Treasury Commitment related to the Series F Fixed Rate Non-Cumulative Perpetual Preferred Stock, partially offset by $8.9 billion of net loss attributable to AIG.

PROGRESS ON MANAGEMENT’S STRATEGY FOR STABILIZATION OF AIG AND REPAYMENT OF ITS OBLIGATIONS

AIG has been working to protect and enhance the value of its key businesses, execute an orderly asset disposition plan, and position itself for the future. AIG continually reassesses its plan to maximize value while maintaining flexibility in its liquidity and capital positions.

AIA and ALICO Transactions with the FRBNY:

• On December 1, 2009, AIG and the FRBNY completed two transactions transferring to the FRBNY preferred equity interests in two newly-formed SPVs in exchange for a $25 billion reduction in the balance outstanding and the maximum credit available under the FRBNY Credit Facility. While significantly improving AIG’s capital structure, these transactions resulted in a $5.2 billion ($3.4 billion after tax) accelerated amortization of a portion of the prepaid commitment asset.

Status of Unwinding AIGFP:

• AIGFP reduced the notional amount of its derivative portfolio by 41 percent from approximately $1.6 trillion at December 31, 2008, to approximately $940 billion at December 31, 2009. During the fourth quarter of 2009, the derivative portfolio was reduced 22 percent from approximately $1.2 trillion at September 30, 2009.
• AIGFP reduced the number of trade positions in its portfolio by 54 percent from approximately 35,000 at December 31, 2008, to approximately 16,100 at December 31, 2009. During the fourth quarter of 2009, the number of trade positions was reduced 16 percent from approximately 19,200 at September 30, 2009.

Sales of Businesses and Specific Asset Dispositions:

AIG continues to make progress on its strategic restructuring plan. During 2009 and through February 17, 2010, AIG entered into agreements to sell or completed the sales of operations and assets, excluding AIGFP assets, that are expected to generate a total of approximately $5.6 billion of aggregate net cash proceeds that will be available to repay outstanding borrowings and will reduce the maximum lending commitment under the FRBNY Credit Facility upon closing. AIG continues to engage in productive discussions with third parties with respect to a number of other transactions.

• On October 12, 2009, AIG entered into an agreement to sell its 97.57 percent share of Nan Shan for approximately $2.15 billion. As a result, Nan Shan qualified as a discontinued operation and met the criteria for "held-for-sale” accounting.

Status of Government Support:

• As of February 17, 2010, AIG had outstanding net borrowings under the FRBNY Credit Facility of $21 billion, plus accrued interest and fees of $5.5 billion. Available capacity totaled $14 billion. Net borrowings under the FRBNY Credit Facility increased by approximately $3.1 billion since year-end, primarily to repay $3.5 billion of commercial paper outstanding under the FRBNY Commercial Paper Funding Facility (CPFF). As of February 17, 2010, AIG’s total balance outstanding under the CPFF was $1.2 billion. Separately, Nightingale Finance LLC, a structured investment vehicle sponsored by AIGFP but not consolidated by AIG, participated in the CPFF with a balance of $1.1 billion at that date.
• As of February 17, 2010, the remaining available amount under the Department of the Treasury Commitment was $22.3 billion.

Results of Operations by Segment

Three Months	Twelve Months
Ended	Ended
Pre-tax Operating Income (Loss):		December 31,		December 31,
(dollars in millions)		2009		2008		2009		2008
General Insurance	$	(1,753)		$	(1,680)	$	699		$	1,923
Domestic Life Insurance & Retirement Services	1,034	(835)	2,335	1,464
Foreign Life Insurance & Retirement Services	1,054	1,218	4,560	4,876
Financial Services			92			(17,592)			459			(40,364)
Sub-total	427	(18,889)	8,053	(32,101)
Other	(7,857)	(12,900)	(14,100)	(16,853)
Total	$	(7,430)	$	(31,789)	$	(6,047)	$	(48,954)

GENERAL INSURANCE

AIG’s General Insurance unit, Chartis, reported a fourth quarter 2009 operating loss before net realized capital gains (losses) of $1.8 billion, due to loss reserve strengthening of $2.3 billion, compared to a $1.7 billion operating loss in the fourth quarter of 2008, which included a $1.2 billion goodwill impairment charge.

The reserve increase follows the completion of AIG’s annual year-end loss reserve study and represents 3.6 percent of Chartis’ total carried loss reserves of $63.2 billion at December 31, 2009. The reserve additions are primarily related to excess casualty, and excess workers compensation lines, particularly for accident years 2002 and prior. At December 31, 2009, Chartis U.S.’s statutory policyholder surplus was approximately $27 billion, an increase of approximately 4 percent from year-end 2008.

Chartis recorded net premiums written of $6.9 billion in the fourth quarter 2009, a 2.2 percent decrease from the fourth quarter of 2008. The modest decline is a significant improvement over prior quarters in 2009 and reflects increased business retention, new business submissions, and a more stable rate environment. However, net premium writings continue to be affected by challenging economic conditions, the effect of foreign exchange, and Chartis’ strategic decision to maintain price discipline in lines of business where market rates are unsatisfactory, particularly in certain classes of workers’ compensation.

The fourth quarter 2009 combined ratio was 132.5, including 28.2 points from reserve strengthening, compared to 120.8 in the prior year period, which included 13.8 points related to the goodwill impairment. For the full year 2009, the current accident year combined ratio was 99.2, a 2.6 point improvement over the 2008 accident year combined ratio.

DOMESTIC LIFE INSURANCE & RETIREMENT SERVICES

Domestic Life Insurance & Retirement Services, now branded SunAmerica Financial Group, reported fourth quarter 2009 operating income before net realized capital gains (losses) of $1.0 billion compared to an operating loss of $835 million in the fourth quarter of 2008. The significant improvement reflects continued stabilization of key businesses and improved investment results, particularly in the equity and fixed income markets.

Assets under management grew to $230.9 billion at December 31, 2009, a 7.7 percent increase over December 31, 2008, as appreciation in the equity markets more than offset negative cash flows. Premiums, deposits, and other considerations totaled $5.4 billion, an increase of 5.3 percent compared to the fourth quarter of 2008. The increase was a result of higher individual fixed annuity sales through banks helped by the re-establishment of selling agreements with certain distribution partners. The increase in individual fixed annuity sales was partially offset by lower sales of life insurance and payout annuity products. Sales of life insurance products through career distribution were essentially flat relative to the overall decline in the industry. Sales through the independent distribution channel declined as a result of both the lingering effects of negative AIG media coverage, as well as a continued disciplined approach to risk selection. Payout annuity sales have been significantly affected by current ratings levels. Surrender activity has stabilized and surrender rates for individual fixed and variable annuities are in line with historical levels.

Net investment income increased $1.2 billion over the fourth quarter of 2008 primarily from higher partnership income as well as favorable valuation adjustments from the retained interest in Maiden Lane II, which offset the negative effects of higher liquidity in the investment portfolios. Net realized capital losses were significantly lower than the fourth quarter of 2008 and continue to be lower than the past several quarters due to improving market conditions and the adoption of a new accounting pronouncement related to the recognition of other-than-temporary impairments during the second quarter of 2009.

Policy acquisition and other insurance expenses declined to $749 million in the fourth quarter of 2009 from $1.3 billion in the fourth quarter of 2008 due principally to unfavorable deferred acquisition cost unlocking adjustments in 2008.

FOREIGN LIFE INSURANCE & RETIREMENT SERVICES

Foreign Life Insurance & Retirement Services reported fourth quarter 2009 operating income before net realized capital gains (losses) of $1.1 billion consistent with $1.2 billion in the fourth quarter of 2008.

Premiums, deposits, and other considerations totaled $8.3 billion, a decrease of 5.8 percent compared to the fourth quarter of 2008. The decrease was a result of lower sales of investment-oriented products. Sales activity has continued to improve in most regions, although sales activity in investment-oriented life and retirement products, especially in the U.K. and Japan, remain negatively affected by AIG events. AIA and ALICO have continued to experience improving operating results following revitalization of their distribution networks and the stabilization of global economic activities. Surrender activity has stabilized and surrender rates are in line with historical levels.

Net investment income excluding policyholder trading gains (losses) increased $316 million or 19.4 percent from the fourth quarter of 2008 primarily due to higher partnership and mutual fund income. The fourth quarter of 2009 had a small net realized capital gain compared to the significant realized capital losses incurred in the fourth quarter of 2008.

FINANCIAL SERVICES

Financial Services reported fourth quarter 2009 operating income before net realized capital gains (losses) and the effect of hedging activities that did not qualify for hedge accounting treatment of $92 million, compared to a $17.6 billion operating loss in the fourth quarter of 2008.

AIGFP, which is in the process of winding down its businesses and portfolios, reported operating income of $80 million in the fourth quarter of 2009, compared to a $17.2 billion operating loss in the fourth quarter of 2008 related primarily to the unrealized market valuation losses on its super senior credit default swap portfolio and credit valuation adjustments. The fourth quarter 2009 operating income included $275 million in unrealized market valuation gains on AIGFP’s super senior credit default swap portfolio, a favorable credit valuation adjustment of $345 million, partially offset by $529 million of interest charges on inter-company borrowings with AIG that are eliminated in consolidation.

ILFC reported a 66.2 percent increase in operating income to $344 million, compared to income of $207 million in the fourth quarter of 2008, driven primarily by a larger aircraft fleet and lower composite borrowing rates, partially offset by higher depreciation expense and provision for overhauls as compared to the fourth quarter of 2008. ILFC is pursuing potential aircraft sales as one of several options to meet its financial and operating obligations, and continues to review other options, including accessing the capital markets through secured debt financing.

AGF reported a fourth quarter 2009 operating loss of $309 million compared to an operating loss of $248 million in the fourth quarter of 2008, resulting from a decline in finance charge revenues reflecting lower average net receivables and a higher provision for loan losses. These variances were partially offset by lower interest expense due to lower average debt balance and lower operating expenses due to management expense reductions across all AGF operations. AGF anticipates that its primary source of funds to support its operations and repay it obligations will be customer receivable collections and additional on-balance sheet

 

 

ziemlich heftig eingebrochen mit  -12% ..........
 

   

Pre-Market Last:	$ 24.40	Pre-Market High:	$ 28.98
Pre-Market Volume:	88,970	Pre-Market Low:	$ 24.05

 

bin bei 17,80 eingestiegen!

 

pre-Börse geht ja übel nach unten, allerdings scheint bei 24$ die Wende zu sein, jetzt geht es wieder leicht hoch.  

Wie hast dud as denn gemacht? Der Kurs ist doch noch bei 19.xy ?

Einfach ne Kauforder platiert und Glück gehabt?

 

Im Diba Direktmarkt für 18.00 Order platziert und für 17.80 wurde diese ausgeführt.  

also mit so einem Kursrutsch habe ich nicht gerechnet...was solls, machen kann man nichts...dann ist wieder warten angesagt...