AIG (AIG) Misses Q3 EPS by 2c
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AIG Reports Third Quarter 2021 Financial Results
November 4, 2021 4:16 PM EDTGeneral Insurance net premiums written grew 11% driven by Commercial Lines growth of 17% The General Insurance combined ratio improved by 7.5 points to 99.7% from the prior year due to strong underwriting results, including lower catastrophe losses, net of reinsurance (CATs) and reinstatement premiums; and, on an as adjusted* basis, improved by 2.8 points to 90.5% Separation of the Life and Retirement business from AIG continued, with the sale of a 9.9% equity stake for $2.2 billion in cash recently completed and an IPO on track for 2022 Net income per diluted common... More
