Insurer AIG’s quarterly profit surges on steep fall in catastrophe losses

Corroborated by 2 sources from 2 publishers

globalbusiness1d ago

TL;DR

Reports differ across sources; according to finance.yahoo.com, april 30 (Reuters) - Insurer AIG posted a sharp rise in quarterly adjusted profit on Thursday, driven by strong underwriting and a steep decline in catastrophe-related losses from a year earlier when the industry was hit by claims from the Los Angeles wildfires.

Sources