NU Online News Service, may 7, 12:40 p.m. EDT
New York-based insurer American International Group Inc. reported a first-quarter profit of $1.45 billion, but its chief executive cautioned that volatility for the company's future earnings lies ahead.
AIG's reported net income was a turnaround from last year's first-quarter loss of $4.35 billion. Earnings per share stood at $2.16. Last year, the loss per share was $39.67.
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