AIG Re ups ceded premium in Q1 on adjusted reinsurance purchases
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AIG Re ups ceded premium in Q1 on adjusted reinsurance purchases

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AIG Re said it consolidated reinsurance purchasing into the start of the year, resulting in higher ceded premium in Q1.

Pre-empting concerns that growth in its core business “may not be immediately obvious”, CEO Peter Zaffino said AIG had consolidated purchasing rather than staggering it throughout the year.

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