Analysts question AIG management after Q4 reserve charge
Analysts have cast doubt on AIG management's execution of its
recovery strategy after the company revealed another
multi-billion-dollar reserve in its fourth quarter results.
AIG strengthened its reserves by $5.6bn in the fourth quarter
after further loss trend deterioration in the company's
casualty portfolio.
Keefe Bruyette & Woods analyst Meyer Shields said in a note
that AIG shares would respond favourably to a change of CEO and
that Peter Hancock's record since taking over the role in 2
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