AIG halves aggregate limit to $1.1bn
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AIG halves aggregate limit to $1.1bn

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AIG nearly halved its aggregate limit in its 2022 reinsurance programme, from $2.05bn to $1.1bn, representing a 46% decline.

The new aggregate protection attaches excess of $400mn, down from the previous year’s $500mn.

In its annual 10-K report for 2021, the firm outlined several changes to its reinsurance programme.

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