AIG excess casualty adverse development included $66mn 2021 charge: CFO
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AIG excess casualty adverse development included $66mn 2021 charge: CFO

AIG recorded favorable excess casualty reserve development for AY prior to 2016 of $33mn.

By Jairo Ibarra
August 01, 2024
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AIG’s “modest” Q2 unfavorable excess casualty reserve development of $30mn included a $66mn charge from accident year 2021, CFO Sabra Purtill said.

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