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AIG is reviewing its dealings with all its counterparties during the financial crisis, including Goldman Sachs Group Inc , to see if it was harmed, Chief Executive Robert Benmosche said on Wednesday.

A special board committee of American International Group Inc has hired its own financial adviser, a sign the insurance company is setting plans to repay taxpayers, the Wall Street Journal reported on Tuesday.

AIG is in talks with Prudential Plc to restructure a $35.5 billion deal to sell its Asian life insurance unit to the British insurer, sources familiar with the matter said on Tuesday.

American International Group Inc Chief Executive Robert Benmosche told employees he is confident a $35.5 billion deal to sell its Asian life insurance unit would move forward, a source familiar with the matter said.

American International Group Inc turned a quarterly profit after a year-ago loss as the bailed-out insurer got a boost from its investments and general insurance operations appeared to stabilize.

American International Group Inc posted a first-quarter profit, reversing a year-earlier loss, as the bailed-out insurer's investment portfolio gained in value.

American International Group has replaced Goldman Sachs as its main corporate adviser with Citigroup and Bank of America Corp , the New York Times said, citing three people with knowledge of the matter.

The most sweeping overhaul of financial regulation since the Great Depression was on track to fail its first procedural test on Monday in the Senate, where Republicans vowed to block the Democratic bill.

U.S. insurer AIG is considering pursuing investment bank Goldman Sachs over losses incurred on $6.0 billion of insurance deals on mortgage-backed securities, the Financial Times said.

President Barack Obama will take his push for tighter financial regulation to New York on Thursday, with Wall Street reeling from the Goldman Sachs case and the Senate only days from a pivotal vote.

AIG remains a long-term investor in China's top non-life insurer PICC , the Chinese insurer said on Thursday, even as the embattled U.S. firm unwinds its holdings in other assets to repay the U.S. government.

The aircraft leasing unit of bailed-out insurer American International Group has agreed to sell 53 passenger jets to Australia's Macquarie Group to raise a much-needed $2 billion in cash.

American International Group Inc strongly objected last year when U.S. pay czar Kenneth Feinberg imposed large cuts in the cash salaries of two of its top executives, regulatory filings showed on Monday.

American International Group Inc realized a loss of up to $2 billion last year as its Financial Products unit ended most of its remaining trades with Goldman Sachs Group Inc , a source familiar with the matter said on Sunday.

American International Group Inc named Henry Miller, chairman and co-founder of boutique investment bank Miller Buckfire & Co, to its board, according to a company statement on Wednesday.

A Manhattan federal judge dismissed a shareholder lawsuit accusing current and former American International Group Inc executives and directors of ignoring red flags, leading to the insurer's near collapse and about $180 billion of federal bailouts.

Better regulation is needed to dissuade financial market players from taking excessive risks after the too big to fail problem undermined discipline, a senior Federal Reserve official said on Tuesday.

The former chief executive of American International Group Inc, Maurice Hank Greenberg, reached a deal to sell most of the shares he holds in the insurer to a unit of Swiss bank UBS.

The Federal Reserve would gain new powers over non-bank financial firms and keep much of its authority over banks under a new bill on financial regulatory reform unveiled on Monday by the chairman of the Senate Banking Committee, Christopher Dodd.

Several former American International Group Inc employees might sue the insurer after it gave them less retention bonus money than they should have received, their lawyers said on Monday.

American International Group Inc is holding back $21 million from retention bonuses due by Monday to current and former employees of its Financial Products unit, a source familiar with the matter said.

Shares in several big financial companies bailed out by the U.S. government rose on Wednesday on what analysts said were momentum bets and short-covering on hopes the entities were on the road to recovery.

Shares in Citigroup Inc , one of the big financial companies bailed out by the U.S. government, rose more than 4 percent on Wednesday, while another, American International Group Inc , jumped 10 percent.

American International Group could learn the fate of the stalled $2.2 billion sale of its Taiwan unit Nan Shan Life Insurance as early as Thursday.

American International Group Inc has formulated a new forced ranking system to determine bonuses and rate employee performance, Wall Street Journal said, citing people familiar with the matter.

U.S. stocks were nearly flat on Monday as upbeat sentiment from AIG's sale of a unit and McDonald's sales data were offset by falling healthcare shares after President Barack Obama's criticism of health insurers.

U.S. stocks barely budged on Monday as hopes stirred by AIG's sale of a unit and McDonald's upbeat sales were offset by falling healthcare shares after President Barack Obama's criticism.

AIG was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for more than $15 billion in cash and stock, leaving it with a substantial minority stake in MetLife, sources familiar with the matter said.

American International Group Inc was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for about $15 billion, in a transaction that would ultimately leave AIG with more than 20 percent of MetLife, sources familiar with the situation said.