AIG CIO Rejects 'Bubblicious' Property Market View

Doug Daschle, AIG's chief investment officer, discusses the challenges of balancing risk and return in the insurance industry. He explains the importance of managing regulatory capital and the need to provide appropriate returns while fulfilling obligations to policyholders. Daschle also explores investment strategies, including the attractiveness of CDOs and loans due to AIG's long-term liabilities. He highlights the limited appeal of sovereign debt and compares commercial real estate to inflation-protected securities, emphasizing the higher yields available in real estate investments.

What challenges does Doug Daschle face when balancing risk and return for policyholders?

What is Doug Daschle's perspective on commercial real estate in relation to inflation?

How does Doug Daschle compare the yields of commercial real estate to treasury inflation-protected securities?