AIG’s Alexandru Joins Aspen to Head New U.S. Crisis Management Line with Product Recall

July 12, 2016

  • July 12, 2016 at 1:33 pm
    Ginny Thomas says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    LOL! “expert” Another AIG reject who will hasten the soft market!

  • July 13, 2016 at 4:59 pm
    IBNR Man says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    While competition is keeping rates competitive, Harrison notes underwriters “would very much like to adjust the pricing upward to reflect the increase in the number and the size of recalls.”
    On the one hand, Harrison notes the significant competition. On the other, he says there have been Product Recall underwriters that suffered too many losses, couldn’t make money and exited the market.
    “It is a complicated time—a very difficult time—to be a Product Recall underwriter,” he states



Add a Comment

Your email address will not be published. Required fields are marked *

*