ing earnings rose 18 percent as stronger sales of individual life insurance and savings products outweighed lower profits from company-distributed products and a loss in the car and home insurance unit.
Second-quarter operating earnings, excluding some one-time charges related to its demutualization earlier this year, rose to $374 million, or 48 cents per share, from $317 million, or 40 cents per share, in the year-ago quarter.
Topics Profit Loss
Was this article valuable?
Here are more articles you may enjoy.
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance
Trump’s EPA Rollbacks Will Reverberate for ‘Decades’
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 

