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AIG struggling to sell off assets to raise capital (The News Journal) American International Group Inc. may have to renegotiate terms of its $85 billion rescue as the company struggles to find buyers for some of its units. www.delawareonline.com
Insurer Ace Ltd. reports sharp drop in 3Q profit - Boston Globe DES MOINES, Iowa— Bermuda-based property and casualty insurance company Ace Ltd. said Tuesday its third-quarter profit fell 92 percent as it recorded $1.1 billion after taxes in realized and unrealized losses from investments. ACE said it earned ... www.boston.com