16 ordspråk av Martin Sullivan
Martin Sullivan
A critical downside of the investment environment is corruption -- what we used to call out of concern for diplomatic niceties 'transparency'.
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A flat yield curve affected our spread business, and transaction volume in domestic life insurance & retirement services and capital markets was lower as a result of regulatory and related issues,
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AIG has achieved profitable results even as it sustained losses...in the most costly quarter for catastrophes ever recorded,
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AIG today is a better company for all that we have been through.
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Going forward, we expect to grow these businesses, as well as continue to develop our financial services and asset management operations.
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It is too early to tell how big Isabel will be, but it is certainly going to put a capital strain on many companies.
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Olin's many accomplishments include negotiating on behalf of the US Government a number of financial market agreements with other countries. China is a very important market for AIG.
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The challenge is gaining distribution to our customers.
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We are embarking on a new era for AIG that will be marked by changes in the way we operate -- including greater responsiveness and transparency -- while preserving the core values that have enabled us to build an unequaled franchise,
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We cannot ignore the issues that we have and that the industry has to address. Our success will be measured in a large part on how well we address these issues,
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We had record results in 2004 and we're off to a good start in 2005, ... With regard to any regulatory issues, I would like to get these behind us and soon as possible and move forward.
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We have communicated our commitment to cooperate fully with all investigations of accounting, brokerage commissions, sales practices and other matters.
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We haven't seen much impact on our foreign general or foreign life businesses, ... Some of our producers have been cautious placing business with some of our AIG subsidiaries.
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We want to grow the organization and improve returns to shareholders, ... If at some stage there is surplus capital - we're not at that stage now - we will return it in the optimal manner.
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We would like to expand our branch operations on a wholly owned basis. We're in constant dialogue with the insurance regulator, and I hope to visit him very soon in Beijing.
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