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AIG Update as of 9/25/08
Sep 25, 2008 | AIG, Business, Risk Management No comments yetNew information from John Q Doyle, AIG Senior Vice President, Domestic General Insurance and President and Chief Executive Officer of National Union Fire Insurance that stated the following:

- September 25, 2008
Dear Business Colleague,
Yesterday, Joel Ario, Pennsylvania’s Insurance Commissioner, released a statement declaring that his Department’s most recent examination of the AIG group insurance companies that are domiciled in Pennsylvania are financially sound and that policyholders’ insurance policies are safe. Pennsylvania is a key domiciliary state for our commercial insurance companies, and this statement further demonstrates his Department’s confidence in the strength and stability of AIG’s commercial property and casualty operations.
Additionally, as you may have read, AIG signed a definitive agreement with the Federal Reserve Bank. This important step allows us to move forward in finalizing and implementing our strategic initiatives and shows the Federal government’s recognition of AIG’s important role in the global financial markets. For more information about the transaction, please visit www.aig.com/commercialinsurance.
We continue to conduct meetings and calls with our clients and brokers, and appreciate your time. Should you wish to schedule a call or meeting with our management team, please reach out to your local AIGCI representative or email us at Toserve@aig.com.
Thank you again for your continued faith in the people and strength of AIGCI.
John Q. Doyle
President and CEO
AIG Commercial Insurance
Additional information about the strength of the AIG Commercial Insurance operations is available by clicking here. You may also contact your AIG Commercial Insurance representative or visit us at: www.aig.com.
Copyright © 2008 American International Group, Inc. All rights reserved.
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This entry was posted on September 25, 2008 at 12:20 pm
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