AIG financial results 2014 News

AIG Q4 Profit Drops on Debt Repayments, Reserve Charges

American International Group Inc., the largest commercial insurer in the U.S. and Canada, said profit declined 67 percent on costs to pay down debt and add to reserves. Net income fell to $655 million, or 46 cents a share in …

AIG Reports 12.5% Rise in Profit in Benmosche’s Last Quarter As CEO

Insurer American International Group Inc. reported a better-than-expected 12.5 percent rise in quarterly profit, helped by strong performance across its major businesses and the sale of its former aircraft leasing unit. AIG noted that it bought back about $1.1 billion …

AIG Profit Falls 27% in Q1; Hurt by Catastrophes, Severe Losses

Global insurer American International Group Inc. (AIG) reported net income of $1.6 billion for the first quarter, a 27 percent drop compared to $2.2 billion for the first quarter of 2013. After-tax operating income was $1.8 billion for the first …