AIG beats again and improves underlying GI CR by 210 bps to 86.3%

Published: Thu 2 Nov 2023

AIG reported Q3 adjusted after-tax income of $1.61 a share that beat Wall Street forecasts for the 14th quarter in a row as the insurance giant delivered a general insurance (GI) combined ratio that improved by 680 basis points (bps) on a reported basis to 90.5 percent and by 210 bps on an adjusted basis to 86.3 percent.