Excess D&O drives $660mn AIG reserve charge but exposure cut: Zaffino
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Excess D&O drives $660mn AIG reserve charge but exposure cut: Zaffino

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AIG booked a reserve charge of $660mn for US financial lines during Q3, mainly driven by D&O business, but the company is confident with the remediation it has undertaken in the class of business.

This came as the firm said it expected a harder market to offer it opportunities to deploy more in property risks.

CEO

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