Excess D&O drives $660mn AIG reserve charge but exposure cut: Zaffino
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Excess D&O drives $660mn AIG reserve charge but exposure cut: Zaffino

aig-logo-manhattan-with-zaffino-v2.jpg

AIG booked a reserve charge of $660mn for US financial lines during Q3, mainly driven by D&O business, but the company is confident with the remediation it has undertaken in the class of business.

This came as the firm said it expected a harder market to offer it opportunities to deploy more in property risks.

CEO

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article