Login Register Subscribe
Current Issue

Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

AIG ups global commercial property insurance limits to $2.5 billion

Reprints

American International Group, Inc. has raised available global commercial property limits to $2.5 billion per occurrence.

“The move responds to the growing demand for capacity and services by clients managing more complex global risks and increasing property values,” said AIG in a statement issued Tuesday. “It also reflects AIG's greater appetite for property risk based on its ongoing expansion of risk engineering and data analytics capabilities.”

AIG has offered limits of $1.5 billion per occurrence since 2012.