American International Group rebounded impressively in 2021, posting $9.4 billion in net income, compared to a $6 billion net loss the previous year. AIG has been tightening its focus on property-casualty insurance; it cited gains from divested properties, stronger general insurance underwriting practices, and higher income from investments as reasons behind this year’s growth.
Erik McGregor—LightRocket/Getty Images
Latest news for American International Group
- LeadershipAIG Denies Its CEO a Cash Bonus After the Company’s Dismal Performance in 2016April 14, 2017 12:41 PM UTC