AIG raised AY 2016-2019 casualty loss picks over time: CEO Zaffino
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AIG raised AY 2016-2019 casualty loss picks over time: CEO Zaffino

For 2016 and 2017, in particular, the loss picks were raised to 91% and 96%, respectively.

By Kyoung-son Song
February 14, 2024
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AIG CEO Peter Zaffino said that for accident years 2016-2019, the carrier revised its ultimate loss picks to 91% in 2016 and 96% in 2017, bringing the average for that period to 87%.

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