AIG GI returns to underwriting profit in Q1, grows NA commercial NWP by 29%
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AIG GI returns to underwriting profit in Q1, grows NA commercial NWP by 29%

James Thaler
06 May 2021
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AIG’s general insurance (GI) unit reported a $73mn underwriting profit in the first quarter, as the business improved its underlying loss ratio by 1.6 points and cut underwriting costs in the first three months of the year.

AIG reported companywide adjusted operating income of $1.05 a share, a big uplift from last year’s $0.12 in earnings.

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