AIG (AIG) Reoprts Q1 EPS of $0.11

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Go back to AIG (AIG) Reoprts Q1 EPS of $0.11

AIG Reports First Quarter 2020 Results

May 4, 2020 4:21 PM EDT

Net income attributable to AIG common shareholders was $1.7 billion, or $1.98 per diluted common share, for the first quarter of 2020, compared to $654 million, or $0.75 per diluted common share, in the prior year quarter, primarily driven by $3.5 billion of pre-tax net realized capital gains, compared to $446 million of pre-tax net realized capital losses in the prior year quarter. Adjusted after-tax income attributable to AIG common shareholders* was $99 million, or $0.11 per diluted common share, for the first quarter of 2020, compared to $1.4 billion, or $1.58 per diluted common share, in the prior year quarter. General Insurance posted a... More