NU Online News Service, Nov. 12, 2:38 p.m. EST

NEW YORK--An executive of Chartis, the rebranded American International Group subsidiary, defended the company today against competitors' accusations it was under-pricing because of AIG's damaged financial reputation.

The comments from Robert Schimek, chief financial officer of Chartis, came in an appearance at the National Underwriter/Ernst & Young 21st Annual Executive Conference for the Property and Casualty Industry.

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