Survived, back then People were saying AIG is done, it's over bla bla bla going to zero, Bankrupt, finished.
I know people are going to say well TWGP isn't AIG...Tell it to those Bashers in the Bad Days that AIG will
survive. Same applies here, bla bla bla...
Only reason AIG survived was $68B "loan" from TARP. They'd have gone under without it.
This is nowhere near the same thing. This is classic insurance company underreserving (whether deliberate or not). Check out Frontier Insurance, among others.