American International Group Inc. reported strong improvement in third-quarter profit, as it sold more property-casualty insurance at higher premium rates. The company’s net income totaled $1.66 billion, a 490% jump over the year-earlier net of $281 million. Results in 2020 were depressed by pandemic-related shutdowns and the reluctance of many Americans to fly, which hurt… Continue reading AIG Q3 Profit Rises 490% on Insurance Sales, Higher Premiums
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