Logo on headquarters of American International Group Inc. (AIG) in New York
© Mike Segar / Reuters  /  REUTERS
The logo of American International Group Inc. (AIG) on the outside of their corporate headquarters in New York, November 10, 2008. REUTERS/Mike Segar
updated 12/7/2012 4:17:18 PM ET 2012-12-07T21:17:18

(Reuters) - Insurer American International Group Inc on Friday said it expects after-tax losses of at least $1.3 billion from Superstorm Sandy.

AIG said it would contribute $1 billion from existing funds to its U.S. property insurance subsidiaries to help cover the losses.

(Reporting By Ben Berkowitz; editing by Carol Bishopric)

(c) Copyright Thomson Reuters 2012. Check for restrictions at: http://about.reuters.com/fulllegal.asp

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    © Mike Segar / Reuters / REUTERS
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