AIG’s net income plunges to $23m despite record Q1 underwriting profit
Sarah JollyMay 5, 2023
AIG’s net income plummeted 99% in Q1 from $4.2bn to $23m after net realised losses, including on Fortitude Re funds, but its general insurance business delivered record underwriting results.
AIG’s quarter closed with pre-t...
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Sarah JollyMay 5, 2023