Insurance giant AIG has reported a loss of $61.7bn (£43bn) in the final three months of 2008 - the largest quarterly loss in US corporate history.And the firm will receive an extra $30bn from the US government as part of a revamped rescue package.
The new measures will also effectively cut the interest payments the insurer must pay to the Federal Reserve.
AIG has already received $150bn in financial support - the biggest bail-out by far of any US company.
The revamped rescue package also involves a restructuring of AIG's operations.
In a joint statement, the Federal Reserve and the Treasury said that AIG continues to face significant challenges.
"The additional resources will help stabilise the company, and in doing so help to stabilise the financial system," it said.
The AIG financial support is about three times greater than that given to Citigroup, which has received $50bn, and Bank of America, which has received $45bn.
US officials fear that a failure of AIG would be disastrous for both the US and the global economy.
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