AIG (AIG) Misses Q2 EPS by 15c

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AIG Reports Exceptional Second Quarter 2024 Results

July 31, 2024 4:16 PM EDT

Second Quarter 2024 Results Reflect the Successful Corebridge Financial Deconsolidation 

General Insurance net premiums written (NPW) of $6.9 billion, a decrease of 8% on a reported basis, and an increase of 7% on a comparable basis* led by North America Commercial with 10% growth Produced record Commercial Lines new business of $1.3 billion, an increase of 18% year-over-year coupled with continued strong retention globally General Insurance combined ratio was 92.5%, an increase of 160 basis points year-over-year, or 10 basis points on a comparable basis Accident year combined ratio, as adjusted* (AYCR) was... More