AIG (AIG) Tops Q2 EPS by 16c

Go back to AIG (AIG) Tops Q2 EPS by 16c

AIG Reports Second Quarter 2020 Results

August 3, 2020 4:16 PM EDT

Impacts from COVID-19 Remain Manageable

Continued Improvement in General Insurance Accident Year Underwriting Profitability, Adjusted for Catastrophe Losses (CATs)

Sale of Fortitude Group Holdings LLC (Fortitude) De-risks Balance Sheet and Sharpens Focus on Core Businesses; Transaction Accounting Reflected in GAAP Results

Strong Financial and Capital Flexibility; $10.7 billion in Parent Liquidity at June 30, 2020; $71.68 of Book Value per Common Share, an increase of 3.4% from March 31, 2020

General Insurance reported $674 million of pre-tax CATs, net of reinsurance, or 11.9 combined... More