Full Results of the Advisen Survey of Risk Managers on the AIG Liquidity Crisis
Advisen Ltd., the leading provider of content, analytics, and technology to the global commercial insurance industry, released a special report based on a survey of risk managers following the American International Group (AIG) liquidity crisis. Most AIG commercial lines policyholders participating in an Advisen survey reported that, while they are confident in the financial strength of AIG insurance companies following the $85 billion loan by the federal government, more than two thirds plan to get quotes from AIG's competitors when their policies renew. Excerpting from Advisen's Special Report, one likely outcome is that AIG will compete vigorously to retain business, potentially intensifying price competition in an already-soft insurance market.
