AIG (AIG) Tops Q2 EPS by 33c

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AIG Reports Second Quarter 2017 Results

August 2, 2017 4:22 PM EDT

NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today reported net income of $1.1 billion, or $1.19 per diluted share, for the second quarter 2017, compared to $1.9 billion, or $1.68 per diluted share, in the prior-year quarter, primarily reflecting net realized capital losses of $69 million compared to net realized capital gains of $1.0 billion a year ago.

After-tax operating income was $1.4 billion, or $1.53 per diluted share, for the second quarter 2017 compared to $1.3 billion, or $1.15 per diluted share.

Our second quarter results show the value of AIGs diverse businesses and the opportunities we have to grow... More