Best Analyzes AIG; Affirms Most P/C, L&H Ratings; Outlook Negative

December 21, 2009

  • December 21, 2009 at 2:01 am
    scottsdaleslim says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Hmmm…I guess AIG’s potential claim underreserving situation( up to 11B) is of no concern to Best’s with regard to AIG’s financial strength. I guess that means it should not concern the rest of us either.
    Maybe Best’s figures it is not an issue because they believe Uncle Sam will help cover any shortfall when the bills come due, therefore AIG is good for it.
    Hmmm….something smells bad here…really bad !!!



Add a Comment

Your email address will not be published. Required fields are marked *

*