AIG posts 99.7% CoR, third straight U/W profit, as cat losses fall to $628mn YoY
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AIG posts 99.7% CoR, third straight U/W profit, as cat losses fall to $628mn YoY

James Thaler
05 November 2021
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AIG delivered a $20mn underwriting profit for the third quarter, a reversal from last year’s quarterly loss, marking the insurer’s third straight quarterly underwriting gain.

On Thursday, AIG said it earned $0.97 in adjusted earnings per share, a 20% jump from last year, when the company generated $0.81

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