AIG (AIG) Tops Q2 EPS by 16c; Announces $7.5B Increase in Buyback Plan

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Go back to AIG (AIG) Tops Q2 EPS by 16c; Announces $7.5B Increase in Buyback Plan

AIG Reports Second Quarter 2023 Results

August 1, 2023 4:16 PM EDT

Net income per diluted common share was $2.03, compared to $3.43 in the prior year quarter, and adjusted after-tax income attributable to AIG common shareholders* (AATI) per diluted common share was $1.75, the highest quarterly adjusted earnings per share* (EPS) for AIG since 2007, compared to $1.39 in the prior year quarter General Insurance net premiums written (NPW) grew 10% and Commercial Lines NPW grew 14% year-over-year, or 11% and 13%, respectively, on a constant dollar basis and adjusted for the International lag elimination* General Insurance combined ratio was 90.9% and accident year combined ratio, as adjusted* (AYCR) was 88.0%,... More