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

NEW YORK--An executive of Chartis, the rebrandedAmerican International Group subsidiary, defended the company todayagainst competitors' accusations it was under-pricing because ofAIG's damaged financial reputation.

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

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