The woes of the world’s largest insurance company, the American Insurance Group (AIG), is continuing in spite of over 150 billion dollars pumping in by the US government over the last few months. For the fourth quarter of 2008, AIG has reported a massive 62 billion dollars loss, which is the highest ever loss reported by any company in any single quarter. The company has also asked for an immediate bailout money of another 30 billion US dollars to avoid bankruptcy.