AIG financial results 2015 News

AIG Reports $1.8 Billion Q4 Net Loss on Weak Underwriting, Investments

American International Group Inc. reported an operating loss of $1.3 billion for the fourth quarter of 2015, compared to after-tax operating income of $1.4 billion in the prior-year quarter. Disappointing underwriting and investment returns resulted in American International Group Inc. …

As Activist Investors Circle, AIG Posts Q3 Loss; Plans to Cut 400 Jobs

American International Group Inc., the insurer facing pressure from activist shareholder Carl Icahn for a breakup, posted a third-quarter loss as investment results deteriorated. The company plans to cut as many as 400 senior- level jobs. The net loss of …

AIG Insurance Results Down in Q2; CEO Sees Opportunity in ACE-Chubb

American International Group Inc. (AIG) today reported net income of $1.8 billion for the quarter ended June 30, 2015, compared to $3.1 billion, for the second quarter of 2014. Second quarter net income declined primarily due to ongoing liability management …

AIG’s Commercial Lines Improves in Q1

American International Group Inc.’s reported good news in its commercial lines business during the first quarter that was partially offset by low interest rates and weak investment returns. AIG on Thursday reported net income increased more than 50 percent to …