AIG reports improved GI underwriting performance despite $600m catastrophe load

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Reinsurance News - Nov 02, 2022

Global insurer AIG has reported a 2.4 percentage point improvement in the General Insurance (GI) combined ratio to 97.3% for the third quarter of 2022 despite $450 million of losses related to Hurricane Ian, as net income across the firm jumped by more than $1 billion to $2.7 billion in the period....

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