Business Insurance

Login  |  Register Subscribe

cbVid =

AIG expects underwritten premiums in Brazil to rise 40%

March 12, 2014 - 6:38am

American International Group Inc. expects to see underwritten premiums in Brazil jump 40% in 2014, a company executive said.

Jaime Calvo, AIG's chief executive in Brazil, said the insurer will inject about $120 million into the Brazilian unit to propel growth in property/casualty and high risk corporate insurance, Reuters reported.

"Our plan is one of accelerated growth" and "it includes acquisitions," Mr. Calvo said.

Read more


Get our daily Global Focus newsletter

You may also want to visit

International Content