Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The last thing American International Group needs during this crucial renewal season is any hint that reserves for its property and casualty insurance carriers might be inadequate.

Yet it is disturbing that AIG had an official “no comment” when first confronted with a report by Todd Bault, an analyst with Sanford C. Bernstein, suggesting the company has a whopping $11 billion reserve deficiency, mostly impacting a trio of long-tail lines–workers’ compensation, general liability and professional liability.

This premium content is locked for
PropertyCasualty360 subscribers only.

Already have an account?
Interested in customizing your subscription with Law.com All Access?
Contact our Sales Professionals at 1-855-808-4530 or send an email to groupsales@alm.com to learn more.


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.