Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">American Intl: Color on Qtr (66.89)<ul><li>RBC Capital notes AIG reported a Q4/16 operating loss of $(2.72), falling far short of firm's $(0.61) estimate and the somewhat sloppy $(0.38) consensus. The biggest component of the shortfall was a <strong>significantly larger than forecast reserve addition for the commercial unit,</strong> totaling $5.6 billion, far in excess of firm's $2.5 billion forecast. Net/Net: While the accounting noise makes some comparisons difficult, firm is confident the overall results are worse than expected and not just due to a big reserve add.</li><li>FBR Capital notes AIG reported 4Q16 operating EPS of ($2.72) vs. the FBR ($1.22) and Street ($0.61) estimates. The reserve charge for FY16 of $5.6B gross was much higher than firm's $3.8B forecast, which was high on the Street. Firm was surprised that there was not more upfront reaction to the prospect of a large charge when the reinsurance deal with National Indemnity Company was announced on January 20, 2017. The market will likely need to recalibrate around this and the impact to BV. Adjusted BV per common share, which has been the main BV metric, moved from $61.41 at 3Q16 to $58.57 in 4Q16. But, with the NICO cover in place, attention will turn to the go-forward operating prospects. Maintain Market Perform rating, as it remains cautious around margins, reserves, and credit exposure at AIG.</li></ul><p><em>Shares of AIG are down approx 5% in reaction to bigger than expected reserve build.</em></p></td> </tr></table>"