AIG (AIG) Misses Q3 EPS by 46c

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AIG Reports Third Quarter 2018 Results

October 31, 2018 4:16 PM EDT

Net loss of $1.3 billion, or $1.41 per share, for the third quarter of 2018, compared to a net loss of $1.7 billion, or $1.91 per share, in the prior-year quarter Adjusted after-tax loss of $301 million, or $0.34 per share, for the third quarter of 2018, compared to an adjusted after-tax loss of $1.1 billion, or $1.22 per share, in the prior-year quarter Net pre-tax catastrophe losses of $1.6 billion ($1.3 billion after-tax or $1.45 per share) within previously disclosed range Net prior year loss reserve development was flat year-to-date, including net unfavorable prior year loss reserve... More