ALICO

An S&P credit warning and two investment firm stock upgrades of MetLife this week highlight a difference of opinion in the investment community about the acceptable level of risk involved in a merger that could make the insurance giant a lot bigger but perhaps a lot more indebted.

Less than a day after news reports that AIG's (NYSE:AIG) important attempt to sell its asset management group fell apart, the troubled insurance company said it plans to have an initial public offering of American Life Insurance Company (ALICO), one of its largest operating units. AIG describes...

In an effort to repay some of its $173.3 billion debt to the United States government, AIG (AIG) reached an agreement with the Federal Reserve Bank of New York to pay back $25 billion through initial public offerings of two of its international life-insurance units -- American International...