AIG reports Q2 earnings beat, $250mn of cat losses push GI CR up to 90.9%

AIG has reported a Q2 earnings beat – with the highest quarterly earnings per share since 2007 – in results that saw continued improvement in the underlying general insurance combined ratio to 88.0 percent, although this metric on a reported basis deteriorated on higher catastrophe losses and lower prior year development.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com