AIG Q1 GI CoR declines to 92.9% on strong NA results

May 03, 2022

X
LinkedIn
Show more sharing options

AIG has decreased its first quarter general insurance (GI) combined ratio by 5.9 points to 92.9%, driven mostly by improvements in its North America business, which swung back to underwriting profits, providing fresh credibility to the view that the carrier has landed its P&C turnaround.

AIG’s North America overall CoR declined 17.6 points to 90.8%, while the region’s long troubled commercial lines book swung back to profits, registering a 17.9-point

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

Stay Informed: Access exclusive industry insights
Gain a competitive advantage: Hear first about tactical developments
Make better decisions: Understand market dynamics in crucial lines of business

Take a free trial Already a subscriber? Login now

AIG Q1 GI CoR declines to 92.9% on strong NA results

AIG has decreased its first quarter general insurance (GI) combined ratio by 5.9 points to 92.9%, driven mostly by improvements in its North America business, which swung back to underwriting profits, providing fresh credibility to the view that the carrier has landed its P&C turnaround.

Uncover exclusive insights tailored for insurance leaders

Topics

Most Recent

Pure reports ‘higher-than-expected underwriting losses’ with 2023 CoR of 102.2%

Munich Re Specialty names McKernan head of property, public entity risk solutions

Carriers quietly cut back in California as promised regulatory reforms lag

Travelers $100mn workers’ comp release offset by post-2019 GL, run-off: CFO

Fleming-James River: A messy resolution that still hurts the legacy segment

AIG Q1 GI CoR declines to 92.9% on strong NA results

AIG has decreased its first quarter general insurance (GI) combined ratio by 5.9 points to 92.9%, driven mostly by improvements in its North America business, which swung back to underwriting profits, providing fresh credibility to the view that the carrier has landed its P&C turnaround.

Login to continue

Uncover exclusive insights tailored for insurance leaders

Topics

Pure reports ‘higher-than-expected underwriting losses’ with 2023 CoR of 102.2%

Munich Re Specialty names McKernan head of property, public entity risk solutions

Carriers quietly cut back in California as promised regulatory reforms lag

Travelers $100mn workers’ comp release offset by post-2019 GL, run-off: CFO

Fleming-James River: A messy resolution that still hurts the legacy segment