11-10-2017 01:17 via insuranceinsider.com

AIG cat losses top estimates yet remain 'manageable'

American International Group's estimated $2.9bn to $3.1bn
pre-tax catastrophe losses for the third quarter surpassed some
securities analysts' projections but were deemed
"manageable" and left the giant insurer's stock
unchanged.But the company's announcement yesterday led several analysts
to widen their loss estimates for AIG both for the just-ended
quarter and for the current year.At Morgan Stanley, analysts Kai Pan and Michael Phillips doubled
their Q3 loss projection to $0.70 per share from
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