AIG adds $870m to asbestos and environmental reserves
US insurance giant AIG has added $870m to its asbestos and environmental (A&E) reserves as part of an overall reserve-sweetening package of $1.69bn.
AIG commissioned an independent review of the loss reserves of its principal property-casualty insurance operations, including a ground up study of AIG's asbestos and environmental (A&E) exposures.
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