Here in Orlando,where thousands are gathered for the RIMS conference, the weatheris perfect. At a reception I attended, however, the subject quicklyturned away from the weather to the economy.
When I expressedsome surprise that overall rates are still as flat as they areandare only projected to start firming in the distant fourthquartereyebrows were raised.
Theres a reason forthat, they said, spelled with three letters: A-I-G.AIG isundercutting other insurers by more than 10 percent andAIGemployees are under considerable pressure to hold onto theirclients. One person said AIG is offering further incentives to keepits existing clients
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
