Investors in AIG are set to receive $843 million (£543 million) over accounting mis-statements following a settlement with the Securities and Exchange Commission (SEC).
The payments follow the court judgement in 2006 that over $800 million was to be put into an investors fund following allegations the firm had falsified financial statements for a five-year period.
Now, some 257,000 affected investors are set to receive cheques in the next few months from the fund, which is administered by the SEC.
James Clarkson, acting director of the SEC's New York regional office, told the Financial Times: "The return of these funds to harmed investors is another example of our determined effort to protect investors from those who engage in corporate malfeasance."
AIG recently announced it was reconfiguring its board to be able to include six new independent directors.
It is hoped the new trustees can turn around the troubled insurance firm.
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