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AIGâs D&O and E&O premiums account for a small portion of AIGâs overall diversified business. In fact, AIG's total U.S. D&O and E&O exposure from all sectors appears small at 11% of Domestic Brokerage Group P&C premiums and only 6% of AIG's total P&C premiums in year-to-date 2007. As a point of reference, AIG's entire Domestic General P&C business accounted for roughly 31% of both revenues and pre-tax income year-to-date 2007. Notably, AIG said on 9/11/07 at the Lehman Brothers Financial Services conference that it believes subprime D&O losses will be not be a significant issue for the company.
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AIGâs D&O and E&O premiums account for a small portion of AIGâs overall diversified business. In fact, AIG's total U.S. D&O and E&O exposure from all sectors appears small at 11% of Domestic Brokerage Group P&C premiums and only 6% of AIG's total P&C premiums in year-to-date 2007. As a point of reference, AIG's entire Domestic General P&C business accounted for roughly 31% of both revenues and pre-tax income year-to-date 2007. Notably, AIG said on 9/11/07 at the Lehman Brothers Financial Services conference that it believes subprime D&O losses will be not be a significant issue for the company.