CreditSights analysts weigh up AIG’s $9.8bn reinsurance deal with Berk

American International Group’s (AIG) $9.8 billion reinsurance deal with Berkshire Hathaway covering US commercial long-tail exposures for accident years 2015 and prior comes at a “significant” cost for AIG but should offer improved earnings stability, according to analysts at CreditSights.

The rest of this article is locked for subscribers only. Please login to continue reading.

If you don't have a login, you will need to purchase a subscription to gain access to this article, including all our online content. Please use this link and follow the steps.

To request a FREE 2-week trial subscription, use the same link but select the 'trial' option in the dropdown box. NOTE - this can take up to 48hrs to be approved.

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

Berkshire Hathaway, AIG, Agreement, Reinsurance, Insurance, US, North America

More on this story

AM Best punishes AIG on reserves concerns despite Berkshire Hathaway deal
27-01-2017

Credit Suisse weighs up implications of deal between Berkshire Hathaway and AIG
26-01-2017

Berkshire Hathaway may net a $2.6bn gain plus float from AIG deal
23-01-2017

AIG enters reinsurance agreement with Berkshire Hathaway unit
20-01-2017

CreditSights analysts weigh up AIG’s $9.8bn reinsurance deal with Berkshire Hathaway

More on this story

Other related

More on this story

Sign up for the newsletter