Reuters logo
BRIEF-In 2017, aig anticipates writing about $2.5 billion of net written premium in commercial casualty - conf call
February 15, 2017 / 2:42 PM / 8 months ago

BRIEF-In 2017, aig anticipates writing about $2.5 billion of net written premium in commercial casualty - conf call

To Improve Roe, Aig

* Target for core normalized roe of 9.5% is driven by the lost investment income related to adverse development cover - call

* Aig expects to free up about $2b in capital over time - conf call

* Taking steps to improve roe in 2017 - call

* Will continue to be more rigorous about risk selection into jan 1 renewal season - call

* Ongoing risk selection through jan 1 renewal season is particularly important in europe - conf call

* Will continue shift to “highly engineered large limit middle market risks” while curbing exposures in “commoditized excess and surplus lines” - conf call

* Anticipates writing about $2.5 billion of net written premium in commercial casualty - conf call Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below