Calling reports in the press misleading, AIG representatives sought to clarify the amount borrowing by the company against its credit line with the Federal Reserve Bank.

During a Risk and Insurance Management Society webinar titled “AIG: An Update On The Latest Strategic Developments,” John Doyle president and chief executive officer of AIG Commercial Insurance, said initially, when AIG’s problems hit the news, he felt the challenge was to get the message out that the liquidity issues involved the AIG parent company, not AIG Commercial. On that front, he said he believes the company has been successful.

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