AIG’s Repositioning Affects Q2 Earnings; Underlying Underwriting Income Up 2%
Insurance Journal - Jul 31, 2024
The formal split of its life and retirement business Corebridge Financial resulted in a second quarter net loss of nearly $4 billion for American International Group (AIG). The deconsolidation and divestitures from last year affected AIG’s general insurance underwriting income, …...
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