AIG gets frisky in commercial property

• NYSE:AIG boosts global commercial property limits to $2.5B per occurrence, up all the way from $1.5B previously. The company notes its "greater appetite for property-based risk based on its ongoing expansion of risk engineering and data analytics capabilities."
• The insurer has hired more than 500 engineers over the last four years, and more recently teamed with Clemson University to create a risk engineering and systems analytics center.
• Source: Press release
• The stock's higher by 1.8% premarket amid broader market bounce taking shape.