AIG’s North American results for the fourth quarter of 2018 included $362mn unfavourable development, pre-adverse development cover (ADC), stemming from the carrier’s US financial lines business, primarily directors and officers (D&O) lines.
AIG’s North American results for the fourth quarter of 2018 included $362mn unfavourable development, pre-adverse development cover (ADC), stemming from the carrier’s US financial lines business, primarily directors and officers (D&O) lines.