Bloomberg Law
Business & Practice
LinkedIn

AIG Earnings Beat Estimates as Firm’s Investment Income Grows

Feb. 13, 2024, 9:22 PM UTC
Matthew Griffin
Matthew Griffin

American International Group Inc. reported profit that beat analysts’ estimates for the 15th straight quarter as the company saw strong growth in investment income.

Adjusted earnings for the fourth quarter rose to $1.79 a share from $1.39 a year earlier, the New York-based company said in a statement Tuesday. The results topped the $1.63 average estimate of analysts in a Bloomberg survey. AIG has beat forecasts consistently starting with 2020’s second quarter.

“We have significant momentum as we enter 2024, and excellent underwriting, operations, claims service, and talent are what will drive AIG’s continued growth,” Chief Executive Officer Peter Zaffino ...



Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.