Chartis CR disappoints as AIG books profit on realised gains
American International Group (AIG) reported a moderate $455mn
third quarter net profit - compared to the giant $24.5bn net loss
of the same period last year - as net realised capital losses
stabilised.
But the company is likely to look unrecognisable this time next year as it gears up for the IPO of some of its largest core units and the sale of further non-core assets. As such, potential buyers will be closely monitoring the underlying performance of the businesses...
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