fully interactive pdf - AIG.com

LocalSome small to mid-size multinational businesses often allow their subsidiaries to buy insurance locally.Local policy benefits:• Tailored to local regulations• Ensure better coordination of operations• Allow access to reinsurance pools• Fulfill local contractual obligationsLocal policy considerations:• Fragmentation issues for parent company• Different insurers, renewal dates and policies• Loss control, relative to claims and premiums• Costs could be prohibitive• Easier to pay and service claims locallyLocal5