AIG Increases Commercial Property Limits 67% to $2.5 Billion

American International Group Inc., the largest commercial insurer in the U.S. and Canada, increased limits on property policies by 67 percent in a bid to build ties with multinational clients.

The limit was lifted to $2.5 billion per occurrence from $1.5 billion, where the figure stood since 2012, the New York-based insurer said Tuesday in a statement distributed by Business Wire.

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