AIG profit beats Wall St estimates on general insurance boost_老虎社区_美港股上老虎

AIG profit beats Wall St estimates on general insurance boost

StreetInsider2021-11-05

(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 ...

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ADwong
·2021-11-05
Great!
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- HMian:
  Hahahha
  2021-11-11
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DirtyGreen
·2021-11-05
Wow
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13d85d1a
·2021-11-05
Nice
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- DirtyGreen:
  like
  2021-11-05
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mseokt
·2021-11-05
AIG coming back strongly
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HappySheep
·2021-11-05
[Miser]
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CharlesKing
·2021-11-05
Like and comment plz👇👇👇
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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,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6532560,"gmtCreate":1636594811331,"gmtModify":1636594811362,"authorId":3577877222927887,"author":{"id":3577877222927887,"idStr":"3577877222927887","authorId":3577877222927887,"name":"HMian","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":842098222,"type":1,"supId":0,"prevId":0,"content":"Hahahha","text":"Hahahha","html":"Hahahha"}],"langContent":"CN"},{"id":846677536,"gmtCreate":1636082295300,"gmtModify":1636082627898,"author":{"id":"3574808684684286","authorId":"3574808684684286","name":"DirtyGreen","avatar":"https://static.tigerbbs.com/fa007b8422fe75437cf1ad74252b636a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574808684684286","authorIdStr":"3574808684684286"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846677536","repostId":2181797266,"repostType":4,"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; 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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&nbsp;&nbsp;&nbsp;<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,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":846649109,"gmtCreate":1636080679961,"gmtModify":1636081029586,"author":{"id":"4090027593774490","authorId":"4090027593774490","name":"13d85d1a","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4090027593774490","authorIdStr":"4090027593774490"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/846649109","repostId":2181797266,"repostType":4,"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; 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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&nbsp;&nbsp;&nbsp;<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,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6461825,"gmtCreate":1636082301716,"gmtModify":1636082301823,"authorId":3574808684684286,"author":{"id":3574808684684286,"idStr":"3574808684684286","authorId":3574808684684286,"name":"DirtyGreen","avatar":"https://static.tigerbbs.com/fa007b8422fe75437cf1ad74252b636a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":846649109,"type":1,"supId":0,"prevId":0,"content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>"}],"langContent":"CN"},{"id":846686643,"gmtCreate":1636077977968,"gmtModify":1636079490224,"author":{"id":"3577447162748311","authorId":"3577447162748311","name":"mseokt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577447162748311","authorIdStr":"3577447162748311"},"htmlText":"AIG coming back strongly&nbsp;","listText":"AIG coming back strongly&nbsp;","text":"AIG coming back strongly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846686643","repostId":2181797266,"repostType":4,"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&nbsp;&nbsp;&nbsp;<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,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":846680318,"gmtCreate":1636077769909,"gmtModify":1636079390210,"author":{"id":"3581932792448241","authorId":"3581932792448241","name":"HappySheep","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581932792448241","authorIdStr":"3581932792448241"},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846680318","repostId":2181797266,"repostType":4,"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&nbsp;&nbsp;&nbsp;<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,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":846612667,"gmtCreate":1636077527917,"gmtModify":1636079350605,"author":{"id":"3579391265651951","authorId":"3579391265651951","name":"CharlesKing","avatar":"https://static.tigerbbs.com/d8fbdcf3295ba7f84c1f2205610ea968","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579391265651951","authorIdStr":"3579391265651951"},"htmlText":"&nbsp;Like and comment plz👇👇👇","listText":"&nbsp;Like and comment plz👇👇👇","text":"Like and comment plz👇👇👇","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846612667","repostId":2181797266,"repostType":4,"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&nbsp;&nbsp;&nbsp;<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,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":58,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}