Will the NII for the insurance companies be affected by the drop in the Stock Market, or will it be ok since the majority of their holdings are in Bonds.
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It’s a pandemic and the states and feds are looking for money .... not sure they are bullet proof.
Epidemics usually aren't covered by life or travel insurance
Isn't it funny how our "leaders" go silent during trying times at AIG. Instead of giving us guidance and confidence as to the way forward, communication just stops. Are we rethinking that AIG 200 thing?
I assume it is because they do not know what to do or maybe they are waiting for their consultants to tell them what to say. All I have seen from the leadership at AIG is don't travel. They regurgitate CDC guidelines. How about telling us where we are going as a business or explain why the stock is down 70% when the market is only down 30%.
Maybe they are more concerned with watching their stock bonus go up in smoke. This company is pathetic in their lack of leadership. I bet its a nice day in Bermuda though!
Headline today they want to delay life insurance payments to CV victims... go figure and here is a company who has made its main focus China and outsourcing yet wants to penalize folks with CV who travel. Wow what a scam.