Everyone with an ounce of sense has had ample time to shift insurance and assets out of AIG by now. Propping AIG up once again will only prolong the agony. Cut the cord!
Force them into runoff(no new policies written and require their current policies to be shopped at renewal). AIG must keep their price where it is and if there is another viable carrier option that thinks the price is appropriate, take the business. If not, keep it with them. They’ll go away-no more bailouts or irrational pricing.
Warren Buffett can always be left out of the AIG discussion. Ain’t AIG his baby. Ain’t it where his don’t care about underwriting, just give me the interest on investments philosophy was created?
Time to sell the pieces. I think the concern a few months ago was to not run a fire sale and be able to pay down the loans. Well thats not working and their hands are back out. The US Govt owns 80% of them, time to put the old china on the front lawn and sell. Get what you can and stop putting the US citizens hard earned money to waste.
Let’s combine AIG, with GM, Chrysler and the Banking Industry. The all knowing government can form a new entity with all the benefits of selling the American tax payer a new car with financing and insurance.
And it shall be called AMERICAN MOTORS…wait, that didn’t work either!
Time for AIG to fold up it’s tent and GO AWAY! All the “experts” they put in to turn it around are obviously completely inept at running anything. It’s time to cut our losses. LET IT DIE and MOVE ON!
…for AIG to use tarp funds to undercut their already shady pricing.
It happened the last time they were bailed out and it will happen again. I’m personally seeing pricing out of lexington that would make any actuary vomit.
Give them more bailout money and we’ll never see another hard market.
A rating from Best?????????
can A M Best state that a AIG Ins company will pay all claims in Future including WCA and Products?
What about Ins Co Assets like Buildings etc what does to the ins company balance sheet look like?
Can they continue to write same premium volumne with less policy holders surplur?
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Everyone with an ounce of sense has had ample time to shift insurance and assets out of AIG by now. Propping AIG up once again will only prolong the agony. Cut the cord!
Force them into runoff(no new policies written and require their current policies to be shopped at renewal). AIG must keep their price where it is and if there is another viable carrier option that thinks the price is appropriate, take the business. If not, keep it with them. They’ll go away-no more bailouts or irrational pricing.
Warren Buffett can always be left out of the AIG discussion. Ain’t AIG his baby. Ain’t it where his don’t care about underwriting, just give me the interest on investments philosophy was created?
Time to sell the pieces. I think the concern a few months ago was to not run a fire sale and be able to pay down the loans. Well thats not working and their hands are back out. The US Govt owns 80% of them, time to put the old china on the front lawn and sell. Get what you can and stop putting the US citizens hard earned money to waste.
Let’s combine AIG, with GM, Chrysler and the Banking Industry. The all knowing government can form a new entity with all the benefits of selling the American tax payer a new car with financing and insurance.
And it shall be called AMERICAN MOTORS…wait, that didn’t work either!
Time for AIG to fold up it’s tent and GO AWAY! All the “experts” they put in to turn it around are obviously completely inept at running anything. It’s time to cut our losses. LET IT DIE and MOVE ON!
…for AIG to use tarp funds to undercut their already shady pricing.
It happened the last time they were bailed out and it will happen again. I’m personally seeing pricing out of lexington that would make any actuary vomit.
Give them more bailout money and we’ll never see another hard market.
AIG, THANK YOU for laying me off 3 years ago!!
Fire Sale needed ~now!!! Hasta la vista, AIG!
A rating from Best?????????
can A M Best state that a AIG Ins company will pay all claims in Future including WCA and Products?
What about Ins Co Assets like Buildings etc what does to the ins company balance sheet look like?
Can they continue to write same premium volumne with less policy holders surplur?
A M Best what is the answer?