Search
 

Risk Managers 'Confident' About AIG's Security, But Plan To Shop, Just In Case

While 68 percent of risk managers are "very confident" or "somewhat confident" in American International Group's financial security following the $85 billion federal bailout of its corporate parent,

By Caroline McDonald | Updated on October 05, 2008

While 68 percent of risk managers are “very confident” or “somewhat confident” in American International Group’s financial security following the $85 billion federal bailout of its corporate parent, 71 percent will consider alternatives to AIG at renewal, an Advisen survey revealed.

In written comments included with the study, buyers said they believe AIG’s insurer entities have been effectively insulated by state insurance regulations from the parent company’s financial crisis.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

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 © 2024 ALM Global, LLC. All Rights Reserved.