by Amruth Sundarkumar | Feb 17, 2022 | Financial Institutions
American International Group Inc. (AIG) reported its seventh consecutive quarterly earnings beat with an adjusted after tax income of $1.3bn or $1.58/share, up 57% YoY and beating analyst estimates of $1.19 as per a Bloomberg survey. Its General Insurance combined...
by bondevalue | Feb 17, 2021 | High Yield Bonds
AIG reported Q4 earnings with a net loss of $60mn vs. $922mn in profits in the same quarter of 2019. General insurance adjusted pre-tax income rose 4% YoY in Q4 to $809mn due to higher net investment income. But this was offset by catastrophe costs totaling $545mn,...
