AIG profit News

AIG Profit Gains on Investments; P/C Earnings Fall But Pricing Improves

American International Group Inc. earned a larger-than-expected profit during the third quarter, due in part to big gains on its investment holdings. Questions about the sustainability of those profits, and uncertainty about the timing and structure of the U.S. Treasury …

AIG Q1 Profit More Than Doubles to $3.21 Billion

American International Group Inc. reported $3.21 billion net income for its 2012 first quarter, a 147 percent increase from $1.30 billion net income posted during the same period one year ago. The insurer’s profit surge was helped by low natural …