AIG (AIG) Misses Q3 EPS by 53c

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Go back to AIG (AIG) Misses Q3 EPS by 53c

AIG Reports Third Quarter 2017 Results

November 2, 2017 4:16 PM EDT

NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today reported a net loss of $1.7 billion, or $1.91 per share, for the third quarter of 2017, compared to net income of $462 million, or $0.42 per diluted share, in the prior-year quarter. After-tax operating loss was $1.1 billion, or $1.22 per share, for the third quarter of 2017, compared to after-tax operating income of $1.1 billion, or $1.01 per diluted share, in the prior-year quarter.

In the third quarter, the insurance industry witnessed unprecedented catastrophic events. AIGs resilience in the wake of these events reflects the strength of our... More