Japan quake losses to have minimal income impact: AIG

  Thursday, March 24th, 2011 Source: Business Insurance

American International Group Inc. said Wednesday that it expects recent losses at Japanese operations will have a minimal impact on its income and that earthquake-related claims at Fuji Fire & Marine Insurance Co. Ltd. will be $508 million at most. AIG last week said its preliminary pretax loss estimate for its Chartis Inc. property/casualty unit was about $700 million related to the recent earthquake and tsunami in Japan.

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