Swiss Re 'comfortable' with AIG reserves

Swiss Re CFO David Cole has stressed that the reinsurer is
comfortable with its reserving position after AIG reported a $5.6bn
casualty-linked reserve charge in its Q4 results.
Speaking to analysts on a Q1 results call, the executive said he
wanted to "draw a line in the sand" over speculation that
Swiss Re could be negatively impacted by AIG's higher loss
picks via its $2bn quota share with the carrier, which was inked in
March 2016.
One analyst on the...