More on the insurance upgrades (I, II) by Barclays: Not convinced AIG can boost P&C results...


More on the insurance upgrades (I, II) by Barclays: Not convinced AIG can boost P&C results much more, or that either it or Hartford Financial (HIG) can do much to improve returns at their life insurance units, Jay Gelb says both should aim to boost value by buying back shares trading at steep discounts to book value. He sees $5B in buybacks for AIG for both 2014 and 2015, and $750M for Hartford.

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  • ahouseoforange
    , contributor
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    AIG will be at $55 by September. That should put the warrants around $25.00.
    13 May 2013, 04:16 PM Reply Like
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