January 28, 2014
07:16 EDT AIG AIG added to US 1 List at BofA/Merrill
As previously reported, BofA/Merrill added AIG to the US 1 List. The analyst believes weakness following Q3 re
sults is overdone and that Property Casualty earnings miss is not indicative of any underlying issues with the company but rather normal volatility in the segment. The firm said the the continued loss ration continues to improve and that the expense ration should begin to decline. Shares are Buy rated.