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AIG Mortgage Insurer Plan Seen as ‘Almost Pointless’ by KBW

AIG Mortgage Insurer Plan Seen as ‘Almost Pointless’ by KBW

January 25, 2016
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American International Group's plan to spin off a portion of its mortgage insurance unit is "almost pointless" given the challenges that CEO Peter Hancock faces to fix the much larger property-casualty business, an analyst at Keefe, Bruyette & Woods said.

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