Insight and Intelligence on the London & International Insurance Markets

26 April 2017

Search archive

AIG to unveil ‘critical’ Q4 results

Ted Bunker 14 February 2017

AIG is under pressure to address key questions when it releases its fourth-quarter results later today.

Since announcing its huge reinsurance deal with Warren Buffett's Berkshire Hathaway last month, the main concern is the size of the "material" fourth-quarter reserve charge the New York-based insurer plans to take against P&C results.

That could mean $3bn in pre-tax terms, or $1.85 per share after tax, according to Barclays Capital analyst Jay Gelb, who said the results and tomorrow's conference call were...


If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership



Share:
This article was published as part of issue February 2017/2

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2017. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π