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AIG Q2 Profit Rises - Quick Facts

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

American International Group Inc. (AIG) reported second-quarter net income attributable to the company of $2.33 billion up from $1.84 billion in the year ago quarter. Earnings per share for the quarter rose to $1.33, from $1.00 last year.

Operating income attributable to the company increased to $1.86 billion from $1.24 billion in the same quarter last year. Operating income for the quarter was $1.06, up from $0.68 last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.57 per share for the quarter. Analysts' estimates typically exclude special items.

"AIG's insurance operations and aircraft leasing business posted solid profits this quarter," said Robert H. Benmosche, AIG President and Chief Executive Officer.

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