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American International Group shared its strong third-quarter results, showing adjusted earnings of $2.06 per share and 8% premium growth.

ResultsRead the original at Benzinga
Good for AIG

AIG reported 8% premium growth and $2.06 in adjusted income per diluted share. Pressure in North American property and specialty insurance led it to favor profit over higher premium targets, but the quarter's profit and growth support a favorable outlook.

AIG · American International Group

AI read · Good for AIG

The AI's read

Profit from insurance policies reached $564 million, and AIG returned $787 million to shareholders. Growth came from both commercial and personal insurance businesses. Pressure in North American property and specialty insurance led AIG to favor profitable growth over higher premium targets. That limits its growth aim, but the reported profit and growth support a favorable outlook.

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