AIG cuts aggregate cat reinsurance cover by 18% to $2.05bn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

AIG cuts aggregate cat reinsurance cover by 18% to $2.05bn

Kit Heren
23 February 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

AIG bought $2.05bn in aggregate property catastrophe reinsurance cover for 2021, an 18% drop compared to 2020, according to its annual report.

Some of the company’s per occurrence regional reinsurance deals were also lower this year. AIG bought $1.275bn of per occurrence reinsurance for its US and Caribbean personal lines business, down 16% from $1.525bn

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsResultsAIG
KH
Kit Heren
Gift this article