AIG insurance losses AIG reported $1.6 billion in catastrophe costs for Q3, the midpoint of the range AIG had announced earlier this month. The loss is about three times larger than initial forecasts from Morgan Stanley analysts. (Photo: Michael Nagle/Bloomberg)

American International Group Inc. (AIG) reported a surprise third-quarter loss as natural disasters, old and new, hurt results.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.