AIG suffers slippage on Everest renewals, converts 75% in January

AIG may be picking up less of the primary commercial insurance business it bought from Everest than initially hoped, including a slip to a 75% conversion rate in January, with cuts to the purchase price now looking likely, AIG officials have indicated during their Q4 earnings call.

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AIG suffers slippage on Everest renewals, converts 75% in January

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