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ADwong
2021-11-04
Good!
Singapore Rewards App ShopBack Buys Fintech Startup Hoolah
ADwong
2021-11-05
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2021-11-05
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AIG profit beats Wall St estimates on general insurance boost
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That compared with $790 million a year ago, which included $185 million of estimated COVID-19 losses.</p>\n<p>Global insurers last year faced a sharp rise in payouts related to the health crisis, but a wider availability of COVID-19 vaccines has eased the pressure.</p>\n<p>Adjusted after-tax income attributable to AIG's common shareholders rose to $837 million in the quarter to Sept. 30, from $708 million a year earlier.</p>\n<p>AIG earned 97 cents per share on an adjusted basis, beating analysts' estimates of 88 cents, according to Refinitiv.</p>\n<p>The company's general insurance accident year combined ratio - which excludes catastrophe losses - was 90.5 for the quarter, compared with 93.3 a year earlier.</p>\n<p>A ratio below 100 means the insurer earns more in premiums than it pays out in claims.</p>\n<p>Gross premiums written rose 13% to $8.3 billion in the general insurance business.</p>\n<p>AIG's life and retirement unit posted a 13% fall in adjusted pre-tax income to $877 million.</p>\n<p>The company said the planned initial public offering of the unit, in which Blackstone Group has bought a sizeable stake, was on track for 2022.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AIG profit beats Wall St estimates on general insurance boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAIG profit beats Wall St estimates on general insurance boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-05 09:42 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=19163614><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - American International Group Inc exceeded market estimates for quarterly profit on Thursday as its general insurance business faced fewer natural catastrophe and COVID-19 pandemic-related ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19163614\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AIG":"美国国际集团"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19163614","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2181797266","content_text":"(Reuters) - American International Group Inc exceeded market estimates for quarterly profit on Thursday as its general insurance business faced fewer natural catastrophe and COVID-19 pandemic-related claims.\nThe U.S. insurer posted an underwriting income of $20 million in its general insurance business in the third quarter, compared with a $423 million loss a year earlier.\nThe business recorded catastrophe losses of $628 million, mainly from Hurricane Ida and floods in the United Kingdom and Europe. That compared with $790 million a year ago, which included $185 million of estimated COVID-19 losses.\nGlobal insurers last year faced a sharp rise in payouts related to the health crisis, but a wider availability of COVID-19 vaccines has eased the pressure.\nAdjusted after-tax income attributable to AIG's common shareholders rose to $837 million in the quarter to Sept. 30, from $708 million a year earlier.\nAIG earned 97 cents per share on an adjusted basis, beating analysts' estimates of 88 cents, according to Refinitiv.\nThe company's general insurance accident year combined ratio - which excludes catastrophe losses - was 90.5 for the quarter, compared with 93.3 a year earlier.\nA ratio below 100 means the insurer earns more in premiums than it pays out in claims.\nGross premiums written rose 13% to $8.3 billion in the general insurance business.\nAIG's life and retirement unit posted a 13% fall in adjusted pre-tax income to $877 million.\nThe company said the planned initial public offering of the unit, in which Blackstone Group has bought a sizeable stake, was on track for 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":881,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842093481,"gmtCreate":1636119418127,"gmtModify":1636119492466,"author":{"id":"3577752874123567","authorId":"3577752874123567","name":"ADwong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577752874123567","authorIdStr":"3577752874123567"},"themes":[],"htmlText":"Hopefully","listText":"Hopefully","text":"Hopefully","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842093481","repostId":"1160081894","repostType":2,"isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848682005,"gmtCreate":1635994747909,"gmtModify":1635994777746,"author":{"id":"3577752874123567","authorId":"3577752874123567","name":"ADwong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577752874123567","authorIdStr":"3577752874123567"},"themes":[],"htmlText":"Good!","listText":"Good!","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/848682005","repostId":"2180207353","repostType":2,"repost":{"id":"2180207353","kind":"news","pubTimestamp":1635832357,"share":"https://www.laohu8.com/m/news/2180207353?lang=&edition=full","pubTime":"2021-11-02 13:52","market":"sg","language":"en","title":"Singapore Rewards App ShopBack Buys Fintech Startup Hoolah","url":"https://stock-news.laohu8.com/highlight/detail?id=2180207353","media":"Bloomberg","summary":"Singapore’s online-shopping rewards app ShopBack is buying local fintech startup Hoolah to add “buy ","content":"<p>Singapore’s online-shopping rewards app ShopBack is buying local fintech startup Hoolah to add “buy now, pay later” services.</p>\n<p>The deal expands ShopBack’s services beyond cashback and other rewards it currently offers to consumers on properties of Alibaba Group Holding Ltd. and other major online retailers. The companies didn’t disclose the acquisition’s value in their statement on Tuesday.</p>\n<p>Closely held ShopBack, with investors including Temasek Holdings Pte and Rakuten Capital, is seeking to become a more significant partner for merchants as online shopping gains popularity in Asia. Hoolah, a pioneer in “buy now, pay later” services in Southeast Asia, lets consumers pay for purchases in three interest-free installments.</p>\n<p>“Together as one, we unlock value by providing a broader platform of new capabilities and services for shoppers and merchants,” ShopBack Chief Executive Officer Henry Chan said in the statement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Rewards App ShopBack Buys Fintech Startup Hoolah</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Rewards App ShopBack Buys Fintech Startup Hoolah\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-02 13:52 GMT+8 <a href=https://finance.yahoo.com/news/singapore-rewards-app-shopback-buys-000000919.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s online-shopping rewards app ShopBack is buying local fintech startup Hoolah to add “buy now, pay later” services.\nThe deal expands ShopBack’s services beyond cashback and other rewards it ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-rewards-app-shopback-buys-000000919.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"https://finance.yahoo.com/news/singapore-rewards-app-shopback-buys-000000919.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2180207353","content_text":"Singapore’s online-shopping rewards app ShopBack is buying local fintech startup Hoolah to add “buy now, pay later” services.\nThe deal expands ShopBack’s services beyond cashback and other rewards it currently offers to consumers on properties of Alibaba Group Holding Ltd. and other major online retailers. The companies didn’t disclose the acquisition’s value in their statement on Tuesday.\nClosely held ShopBack, with investors including Temasek Holdings Pte and Rakuten Capital, is seeking to become a more significant partner for merchants as online shopping gains popularity in Asia. Hoolah, a pioneer in “buy now, pay later” services in Southeast Asia, lets consumers pay for purchases in three interest-free installments.\n“Together as one, we unlock value by providing a broader platform of new capabilities and services for shoppers and merchants,” ShopBack Chief Executive Officer Henry Chan said in the statement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":860,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":848682005,"gmtCreate":1635994747909,"gmtModify":1635994777746,"author":{"id":"3577752874123567","authorId":"3577752874123567","name":"ADwong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577752874123567","authorIdStr":"3577752874123567"},"themes":[],"htmlText":"Good!","listText":"Good!","text":"Good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/848682005","repostId":"2180207353","repostType":2,"repost":{"id":"2180207353","kind":"news","pubTimestamp":1635832357,"share":"https://www.laohu8.com/m/news/2180207353?lang=&edition=full","pubTime":"2021-11-02 13:52","market":"sg","language":"en","title":"Singapore Rewards App ShopBack Buys Fintech Startup Hoolah","url":"https://stock-news.laohu8.com/highlight/detail?id=2180207353","media":"Bloomberg","summary":"Singapore’s online-shopping rewards app ShopBack is buying local fintech startup Hoolah to add “buy ","content":"<p>Singapore’s online-shopping rewards app ShopBack is buying local fintech startup Hoolah to add “buy now, pay later” services.</p>\n<p>The deal expands ShopBack’s services beyond cashback and other rewards it currently offers to consumers on properties of Alibaba Group Holding Ltd. and other major online retailers. The companies didn’t disclose the acquisition’s value in their statement on Tuesday.</p>\n<p>Closely held ShopBack, with investors including Temasek Holdings Pte and Rakuten Capital, is seeking to become a more significant partner for merchants as online shopping gains popularity in Asia. Hoolah, a pioneer in “buy now, pay later” services in Southeast Asia, lets consumers pay for purchases in three interest-free installments.</p>\n<p>“Together as one, we unlock value by providing a broader platform of new capabilities and services for shoppers and merchants,” ShopBack Chief Executive Officer Henry Chan said in the statement.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Rewards App ShopBack Buys Fintech Startup Hoolah</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Rewards App ShopBack Buys Fintech Startup Hoolah\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-02 13:52 GMT+8 <a href=https://finance.yahoo.com/news/singapore-rewards-app-shopback-buys-000000919.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s online-shopping rewards app ShopBack is buying local fintech startup Hoolah to add “buy now, pay later” services.\nThe deal expands ShopBack’s services beyond cashback and other rewards it ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-rewards-app-shopback-buys-000000919.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"source_url":"https://finance.yahoo.com/news/singapore-rewards-app-shopback-buys-000000919.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2180207353","content_text":"Singapore’s online-shopping rewards app ShopBack is buying local fintech startup Hoolah to add “buy now, pay later” services.\nThe deal expands ShopBack’s services beyond cashback and other rewards it currently offers to consumers on properties of Alibaba Group Holding Ltd. and other major online retailers. The companies didn’t disclose the acquisition’s value in their statement on Tuesday.\nClosely held ShopBack, with investors including Temasek Holdings Pte and Rakuten Capital, is seeking to become a more significant partner for merchants as online shopping gains popularity in Asia. Hoolah, a pioneer in “buy now, pay later” services in Southeast Asia, lets consumers pay for purchases in three interest-free installments.\n“Together as one, we unlock value by providing a broader platform of new capabilities and services for shoppers and merchants,” ShopBack Chief Executive Officer Henry Chan said in the statement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":860,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842093481,"gmtCreate":1636119418127,"gmtModify":1636119492466,"author":{"id":"3577752874123567","authorId":"3577752874123567","name":"ADwong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577752874123567","authorIdStr":"3577752874123567"},"themes":[],"htmlText":"Hopefully","listText":"Hopefully","text":"Hopefully","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842093481","repostId":"1160081894","repostType":2,"isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842098222,"gmtCreate":1636119482942,"gmtModify":1636119502923,"author":{"id":"3577752874123567","authorId":"3577752874123567","name":"ADwong","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577752874123567","authorIdStr":"3577752874123567"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842098222","repostId":"2181797266","repostType":2,"repost":{"id":"2181797266","kind":"news","pubTimestamp":1636076520,"share":"https://www.laohu8.com/m/news/2181797266?lang=&edition=full","pubTime":"2021-11-05 09:42","market":"us","language":"en","title":"AIG profit beats Wall St estimates on general insurance boost","url":"https://stock-news.laohu8.com/highlight/detail?id=2181797266","media":"StreetInsider","summary":"(Reuters) - American International Group Inc exceeded market estimates for quarterly profit on Thurs","content":"<p>(Reuters) - American International Group Inc exceeded market estimates for quarterly profit on Thursday as its general insurance business faced fewer natural catastrophe and COVID-19 pandemic-related claims.</p>\n<p>The U.S. insurer posted an underwriting income of $20 million in its general insurance business in the third quarter, compared with a $423 million loss a year earlier.</p>\n<p>The business recorded catastrophe losses of $628 million, mainly from Hurricane Ida and floods in the United Kingdom and Europe. That compared with $790 million a year ago, which included $185 million of estimated COVID-19 losses.</p>\n<p>Global insurers last year faced a sharp rise in payouts related to the health crisis, but a wider availability of COVID-19 vaccines has eased the pressure.</p>\n<p>Adjusted after-tax income attributable to AIG's common shareholders rose to $837 million in the quarter to Sept. 30, from $708 million a year earlier.</p>\n<p>AIG earned 97 cents per share on an adjusted basis, beating analysts' estimates of 88 cents, according to Refinitiv.</p>\n<p>The company's general insurance accident year combined ratio - which excludes catastrophe losses - was 90.5 for the quarter, compared with 93.3 a year earlier.</p>\n<p>A ratio below 100 means the insurer earns more in premiums than it pays out in claims.</p>\n<p>Gross premiums written rose 13% to $8.3 billion in the general insurance business.</p>\n<p>AIG's life and retirement unit posted a 13% fall in adjusted pre-tax income to $877 million.</p>\n<p>The company said the planned initial public offering of the unit, in which Blackstone Group has bought a sizeable stake, was on track for 2022.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AIG profit beats Wall St estimates on general insurance boost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAIG profit beats Wall St estimates on general insurance boost\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-05 09:42 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=19163614><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - American International Group Inc exceeded market estimates for quarterly profit on Thursday as its general insurance business faced fewer natural catastrophe and COVID-19 pandemic-related ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19163614\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AIG":"美国国际集团"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19163614","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2181797266","content_text":"(Reuters) - American International Group Inc exceeded market estimates for quarterly profit on Thursday as its general insurance business faced fewer natural catastrophe and COVID-19 pandemic-related claims.\nThe U.S. insurer posted an underwriting income of $20 million in its general insurance business in the third quarter, compared with a $423 million loss a year earlier.\nThe business recorded catastrophe losses of $628 million, mainly from Hurricane Ida and floods in the United Kingdom and Europe. That compared with $790 million a year ago, which included $185 million of estimated COVID-19 losses.\nGlobal insurers last year faced a sharp rise in payouts related to the health crisis, but a wider availability of COVID-19 vaccines has eased the pressure.\nAdjusted after-tax income attributable to AIG's common shareholders rose to $837 million in the quarter to Sept. 30, from $708 million a year earlier.\nAIG earned 97 cents per share on an adjusted basis, beating analysts' estimates of 88 cents, according to Refinitiv.\nThe company's general insurance accident year combined ratio - which excludes catastrophe losses - was 90.5 for the quarter, compared with 93.3 a year earlier.\nA ratio below 100 means the insurer earns more in premiums than it pays out in claims.\nGross premiums written rose 13% to $8.3 billion in the general insurance business.\nAIG's life and retirement unit posted a 13% fall in adjusted pre-tax income to $877 million.\nThe company said the planned initial public offering of the unit, in which Blackstone Group has bought a sizeable stake, was on track for 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":881,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}
