AIG misses on Q2 earnings but sees further improvement in GI adj AY CR to 87.6%

Published: Thu 1 Aug 2024

AIG reported adjusted Q2 after-tax income of $1.16 a share that missed Wall Street forecasts of $1.30 but represented a 38 percent increase on a comparable basis when stripping out the divested crop business and Validus Re, as the insurance giant delivered another quarter of underlying underwriting improvement.