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Welcome to All sorts of Financials,
subject gap insurance
How does gap insurance work?If your car is stolen and never recovered or declared a total loss due to an accident, your auto insurance company will pay the actual cash value of the car.The actual cash value can be a lot different from what you still owe on your loan. Without gap insurance you are still responsible for paying the differenc... : How does gap insurance work?
AIG Profit Up Despite Storms, Lawsuits By Jonathan Stempel NEW YORK (Reuters) - American International Group Inc. (AIG.N: Quote , Profile , Research ) , the world's largest insurer by market value, on Wednesday said fourth-quarter profit rose 11 percent as higher earnings from premiums and investments offset charges from storms and litigation. Net income for New York-based AIG rose to $3.02 billion, or $1.15 per share, from $2.71 billion, or $1.03 per share, a year earlier. Excluding investment losses, profit was $1.17 per... : AIG Profit Up Despite Storms, Lawsuits
If Greenberg goes, how goes AIG?If Greenberg goes, how goes AIG? Longtime CEO is rumored to be on his way out. But what comes next for insurance giant? March 14, 2005: 10:55 AM EST By Rob Cox, Breaking Views LONDON (Breaking Views) - Few big US companies are as reflective of the personality of their leaders as American International Group is of its chairman and chief executive, Maurice 'Hank' ... : If Greenberg goes, how goes AIG?
Oil Surges to $50 on Winter Fuel Worries By Barbara Lewis LONDON (Reuters) - Oil prices vaulted back above $50 a barrel on Tuesday as traders took out insurance ahead of weekly U.S. data on Wednesday that is expected to show only a modest increase in winter heating oil inventories. U.S. light crude (CLc1: Quote , Profile , Research ) at 1720 GMT (12:20 p.m. EST) was trading up $1.38, 2.7 percent higher, at $50.02 a barrel. Prices early last week had eased to a two-month low of $45.25. In the Netherlands a fire at ... : Oil Surges to $50 on Winter Fuel Worries
AIG's Ex-Boss to Stay Mum in Probe NEW YORK (Reuters) - The former head of insurance powerhouse American International Group Inc., Maurice "Hank" Greenberg, will not answer questions on Tuesday from regulators looking into improper transactions by AIG, his lawyer David Boies said in a statement. Greenberg needed more time to prepare for the questioning by the U.S. Securities and Exchange Commission and New York State Attorney General E... : AIG's Ex-Boss to Stay Mum in Probe
For more information about gap insurance: Everything about high ratio mortgage
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