"AIG's operating profit this quarter shows the power and financial strength of our diverse global franchise, " said chief executive Robert Benmosche.

BBC: AIG logo

Not surprisingly, Benmosche, thinks the business has a desirable growth trajectory.

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Its office in lower Manhattan, which includes corporate headquarters, is currently without power, but Benmosche said the company has been able to operate mostly as normal.

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Wednesday's deal may not represent a giant windfall, but AIG has been improving over the past year under Benmosche's leadership, as demonstrated by the firm's recent second-quarter results.

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Yet it was an active quarter for AIG, which saw the Treasury sell the rest of its shares in the company as chief executive Bob Benmosche moved to strengthen the large insurer.

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Benmosche, President and Chief Executive Officer of AIG.

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Benmosche, AIG President and Chief Executive Officer.

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