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.
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Latest news for AIG
- FinanceAIG Investors Want to Know Who Will Replace CEO Peter HancockMay 2, 2017 1:30 PM UTC
- LeadershipAIG Denies Its CEO a Cash Bonus After the Company’s Dismal Performance in 2016April 14, 2017 12:41 PM UTC
- TechThis Insurance Giant Just Added Coverage for Cybersecurity BreachesApril 3, 2017 1:37 PM UTC
- FinanceEight Years After the Financial Crisis AIG Is Still a Train WreckMarch 11, 2017 3:25 PM UTC