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Fed plans to cut AIG credit line by $3.6bn

23 August 2010

The Federal Reserve is planning to lower American International Group (AIG)’s credit line by around $3.6bn, Bloomberg reports.

The Federal Reserve is planning to lower American International Group (AIG)’s credit line by around $3.6bn, Bloomberg reports. In...


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Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
44%
$4bn-$5bn
22%
$5bn-$6bn
11%
$6bn-$7bn
22%
More than $7bn
0%

Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield