Analysts responded favorably to American International Group'sinvestor meeting yesterday, noting the company should comfortablyweather Katrina losses.
Bank of America equity analyst Brian Meredith said CEO MartinSullivan's comments on pricing trends mean that the attractivereturns on equities the commercial lines have been experiencing"should persist into at least 2007 now."
"Commentary on pricing after the hurricanes was in line with ourexpectations with price increases in primary property, marine andenergy businesses," Mr. Meredith wrote.
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