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BRIEF-AIG reports impact of UK ogden discount rate change
2017年4月19日 / 晚上8点37分 / 7 个月前

BRIEF-AIG reports impact of UK ogden discount rate change

April 19 (Reuters) - American International Group Inc :

* AIG announces impact of UK ogden discount rate change and treatment of deferred gain associated with adverse development cover

* AIG - in Q1 expects to record an increase to prior year loss reserves of about $100 million pre-tax from recent decision by uk ministry of justice on ogden rate

* AIG -to recognize estimated nominal pre-tax deferred gain of $2.6 billion in connection with adverse development cover entered into with Berkshire Hathaway

* AIG - Q1 2017 results will reflect a partial quarter of amortization of approximately $40 million pre-tax based on closing date of contract of feb 3, 2017 Source text for Eikon: Further company coverage:

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