BRIEF-AIG CEO says insurer expects a 2019 underwriting profit "but not a great one" - call

great one" - call@

Nov 1 (Reuters) - American International Group Inc:

* CEO SAYS COMPANY IS WORKING TOWARD HAVING ONE REINSURANCE STRUCTURE IN JAPAN INSTEAD OF TWO TOWERS

* AIG CFO SAYS INSURER EXPECTS 2018 ADJUSTED U.S. TAX RATE TO INCREASE SLIGHTLY TO 25 PERCENT DUE TO CATASTROPHES, CHANGES TO TAX CODE

* EXEC SAYS INSURER IS REPARING TO INCREASE U.S. REINSURANCE DURING 2019 RENEWAL SEASON-CALL

* AIG EXEC SAYS EXPECTS CASUALTY TERMS AND CONDITIONS CONTINUE TO TIGHTEN WITH RATE CHANGES CONSISTENT WITH LOSS TRENDS-CALL

* AIG EXEC SAYS EXPECTS COMMERCIAL CLAIMS TO BECOME MORE COMPLEX - CALL

* AIG EXEC SAYS COMPANY HAS REVIEWED 50 PERCENT OF LOSS RESERVES FOR GENERAL INSURANCE - CALL

* EXEC SAYS Q4 RESERVES REVIEW TO FOCUS ON U.S. FINANCIAL LINES, WORKERS' COMP AND INTERNATIONAL CASUALTY, EXCLUDING U.K. AND EUROPE-CALL

* CEO SAYS EXPECTS UNDERWRITING PROFIT IN FIRST QUARTER 2019 - CALL

* EXEC SAYS WORKERS' COMPENSATION IS "FLAT" AND MAY BE "LOSING A LITTLE THERE" BECAUSE OF INFLATION-CALL

* SAYS INSURER IS REDUCING "APPETITE" IN CONSTRUCTION INSURANCE BUSINESS TO "A VERY LIMITED AMOUNT" - CALL

* SAYS COMPANY WILL MOVE TO UNDERWRITING PROFIT IN 2019 "BUT NOT A GREAT ONE" - CALL Source text for Eikon: Further company coverage: (Reporting by Suzanne Barlyn)