PlanMaestro
Plan MaestroJoined Sep 08, 2009
-
PlanMaestroindependent inquiry led by Pennsylvania DOI, w/ outside actuaries to examine those charges found no evidence of whatsoever > on $AIG pricesfrom Twitter -
PlanMaestroOur underwriters had a lot more confidence to ask for rate after that point when it was very clear to our customers we're here to stay. $AIGfrom Twitter -
PlanMaestrobusinesses that caused challenges of reserve additions represented about 22% 4 years ago, represent about 5% of our business in 2010. $AIGfrom Twitter -
PlanMaestroAnd it's unattractive from a ST GAAP earnings perspective, especially under EITF 09-G. But it's very attractive from an economic POV. $AIGfrom Twitter -
PlanMaestroit's auto, it's homeowners, it's accident and health, and it's in countries where we've really seen a big growth in the middle class. $AIGfrom Twitter -
PlanMaestrotalked earlier about direct marketing. It's a business that's going to be very important for us. $AIGfrom Twitter -
PlanMaestroWe happen to be very big. We don't need to prove anything about our size. It's about value. $AIGfrom Twitter -
PlanMaestroThat's largely accomplished, and so that starts to kick in through the investment income. $AIGfrom Twitter -
PlanMaestroAnd that corresponds to bringing our normalized COR from last year 103.6% to low 90s by 2015 > they had COR in low 90s in early 2000s $AIGfrom Twitter -
PlanMaestrowe're targeting ROE improvements at Chartis from about 6% to 10% to 12% by 2015. $AIGfrom Twitter -
PlanMaestroyou may have noticed in our 3rd quarter we announced $1B stock buyback program and the ratings affirmation after that, but came with it $AIGfrom Twitter -
PlanMaestrothat we have not only good standalone capital adequacy but we also have a mechanism to regularize divs up and capital injections down $AIGfrom Twitter -
PlanMaestrothe philosophy is to have any surplus capital upstream to the holding company as soon as we can $AIGfrom Twitter -
PlanMaestro$AIG is a company, which for years was a AAA. It seemed like it was free. We really think hard about whether our capital is earning its keepfrom Twitter -
PlanMaestrotoday at the Parent, we have roughly $15 billion of liquidity in the form of $13.5 billion of core liquidity, plus contingent liquidity $AIGfrom Twitter -
PlanMaestroover the next five years we estimate $25 billion to $30 billion of free capital at the holding company level $AIGfrom Twitter
Follow PlanMaestro on StockTwits!
Follow investors and traders that match your style and get a personalized stream of news, charts, and ideas.
Join- About
- Help
- Blog
- Jobs
- Press
- Tools
- Mobile
- Developers
- House Rules
- For Public Companies
- For Market Professionals
-
- Terms
- Privacy
- Disclaimer
- © 2012 StockTwits, Inc.