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Commercial insurance policies it has already written.The deal with Berkshire follows a $3.6 billion increase to reserves chalked up by AIG in the last quarter of 2015 and chief executive Peter Hancock told CNBC the insurer was reducing its reliance on commercial insurance in the United States as claims, ranging from medical malpractice to workers compensation, look at it over a ten year horizon, ten years ago we were doing about $15 billion in revenue on this business, Hancock said on CNBC. That down to about $3 billion.AIG fourth quarter marks a critical midpoint in an ambitious two year strategic plan aimed at turning the company around.The plan, unveiled early last year, followed pressure from billionaire activist investors Carl Icahn and John Paulson in 2015 to split the company in three because of AIG poor performance that year.By slimming down, AIG could shed its designation as a non bank systematically important financial institution (SIFI), Icahn has said.The buy moncler jackets toronto $3.5 billion buyback announced on moncler outlet canada Tuesday keeps AIG on track to moncler jackets men meet that goal.On an operating basis, AIG Official Moncler Outlet reported cheap moncler coats for women a loss of $2.72 per share in the three months ended Dec. 31 while total moncler outlet ny general operating expenses fell 9.6 percent to $2.48 moncler outlets uk billion.The insurer is looking to cut its gross general operating expenses moncler jackets on sale by $1.6 billion by year end.AIG adjusted accident year loss ratio for its commercial insurance unit its biggest moncler jackets toronto was 78.2 percent, up discount moncler outlet from 65.6 percent a year earlier.

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