> Indian Insurance: AIG’s Profit Slumps on Q3 Catastrophe Losses

Friday, November 6, 2020

AIG’s Profit Slumps on Q3 Catastrophe Losses

American International Group Inc reported a slump in third-quarter profit on Thursday, hurt by losses related to storms, wildfires and the COVID-19 pandemic. AIG, one of the largest U.S. insurers, posted an underwriting loss of $423 million in its general …

from News – Insurance Journal https://ift.tt/3oZi5iq