AIG reportedly expects $1.5B or less of Sandy losses, says Sterne Agee Sterne Agee writes that The Insurance Insider, an industry publication, is reporting that AIG will report $1.5B or less of losses from Sandy. As a result, AIG has reportedly notified its reinsurers that it doesn't expect to file a claim since the company has a $2B single storm deductible with its reinsurers. The firm maintains a $40 price target and Buy rating on the shares.
News For AIG From The Last 14 Days
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