AIG confident over Swiss Re quota share renewal

AIG is confident it will be able to renew the Swiss Re quota
share for its US casualty book on "favourable terms" when
it expires at the end of this year, despite higher loss picks on
current underwriting.
The insurer has been working closely with its reinsurers as it
reshapes its ongoing book of business, president and CEO Peter
Hancock said today at the Bank of America Merrill Lynch 2017
insurance conference in New York. The two-year Swiss Re deal...