Aig ceo says co will emerge stronger from pandemic

Aig (aig.n> coo says business interruption policies that cover viruses comprise well less than 1% of overall property exposure - conf call .aig confident that business interruption policy exclusions for coronavirus will be upheld-coo.ceo brian duperreault says insurer expects to see continued improvement in general insurance combined ratio "ex cats" in 2020 - call.ceo says covid-19 will not result in a "material reduction of long-term return profile" - conf call.coo peter zaffino says covid-19 will affect all lines of commerical insurance including limits available and coinsurance - conf call.zaffino says expects trapped capital in ils market, causing restriction of future capital - conf call.zaffino says insurer to launch model office as part of aig 200 program to test digital underwriting technology - conf call.life insurance exec says expects fewer plan sponsors to change providers which can affect new business - conf call.life insurance exec says expects lower industry sales due to covid-19 - conf call.life insurance exec says mortality trends continue to be "favorable" - conf call.life insurance exec says company not expecting "large incremental impacts" to mortality rates - conf call.aig ceo says "we believe we will do well" through coronavirus pandemic.aig ceo says "we're going to emerge stronger and more in demand than we were before".
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