AIG (AIG) Reports Large Q2 Write-Offs, Losses

August 6, 2008 5:30 PM EDT

American International Group, Inc. (NYSE: AIG) more details.

On the top-line AIG reported
Premiums of $21.735 billion
Net Investment Income of $6.728 billion
Net realized capital losses of ($6.081 billion)
Unrealized market valuation losses on senior credit default swaps ($5.565 billion)

Net Revenues of $19.933 billion, versus $31.150 billion last year and the consensus of $31.5 billion.

AIG adjusted loss of $0.51, versus the consensus of a $0.63 profit.

AIG will consider all options for its businesses.


Related Categories

Earnings
Hot List

Stocks Mentioned

AIG 35.00

-0.28 -0.79%
Volume: 6,727,720
Track AIG


Add Your Comment