The world’s largest insurance group, the American Insurance Group, was bailed out in the last six months by the US government with a massive 80 billion dollars financial aid. At that time, the group said that they would not need any more financial aid from the US government. But barely three months after the last tranche of US government funding, the AIG has again asked for a massive sixty billion dollars of funding , citing the increasing mortgage related losses. The group is expected to post the massive loss in the corporate history for 2008 fourth quarter, which is expected to be announced this week. The loss is expected to be over 50 billion US dollars which analysts are finding it difficult to digest. God only can save US and the world, if things go in this style.