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AIG to increase use of reinsurance capital to improve performance

Posted On: Jan. 27, 2016 12:00 AM CST

American International Group Inc. intends to increase the use of reinsurance capital as one of the ways to improve its performance, reported

The insurer hopes to avoid being broken up and return at least $25 billion capital to shareholders over two years.

It will look to improve accident year loss ratio by 6% by 2017.

AIG also plans to improve the performance of its commercial property and casualty insurance business, exit or resolve under-performing segments and address unprofitable clients.

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