American International Group reported slightly higher net income in the third quarter compared to the prior year, and said its property and casualty pre-tax operating income grew 33 percent to $1.0 billion due to improved underwriting results.
The company reported net income attributable to AIG of $2.2 billion for the quarter ended September 30, 2013, compared to $1.9 billion for the third quarter of 2012.
Analysts at Achilles Research said the results showed AIG was making "another vital step" in shaking off the bailout image earned during the financial crisis. Analysts there called the results "impressive."
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