REFILE-UPDATE 2-AIG to post Q1 loss, no new bailout - source

martes 5 de mayo de 2009 06:00 CEST

(Adds dropped word "no" in second paragraph)

* Q1 loss significantly lower than record Q4 loss-source

* Loss won't trigger new bailout -source

* Results on Thursday (Adds details of asset sales, background)

By Paritosh Bansal

NEW YORK, May 4 (Reuters) - American International Group Inc (AIG.N: Cotización) is expected to post a first-quarter loss on Thursday, but the embattled insurer's results will not trigger a new capital injection from the U.S. government this time, a source familiar with the matter said on Monday.

The loss in the first quarter is expected to be significantly lower than its record fourth-quarter loss of $61.7 billion, the source said, adding that there would be no new bailout announced with the results.

The source declined to be named because the results haven't been announced yet. AIG could not immediately be reached for comment.

This would be the first quarterly results announcement since AIG's September rescue that the government is not steppin in to aid the insurer. It would also be AIG's sixth consecutive quarterly loss, with the last five already adding up to more than $100 billion.   Continuación...