More on AIG Q3 earnings: Insurance operations pre-tax profit of $1.6B vs. $865M a year ago, with...

|By:, SA News Editor

More on AIG Q3 earnings: Insurance operations pre-tax profit of $1.6B vs. $865M a year ago, with Property and Casualty results benefitting from lower catastrophe losses and higher investment income. Net P&C premiums written +0.6% Y/Y. Life and Retirement income boosted by investment income and rising stock markets. Premiums, deposits, and other considerations of $4.8B, off 18.6% Y/Y, mostly due to low interest rates. Shares -1% AH. (PR)