American International Group (AIG) has reported another quarterly loss as profits were wiped out by writedowns on mortgage-related investments.
For the April to June period, the world's biggest insurer incurred a net loss of $5.36bn compared with a profit of $4.28bn a year ago.
AIG sacked chief executive Martin Sullivan in June and replaced him with ex-Citigroup banker Robert Willumstad.
Mr Willumstad says it is reviewing all its businesses and blamed the poor housing and credit markets for AIG's troubles.
