AIG delivers strong Q1 financial results

AIG’s general insurance business reported gross written premium (GWP) of $10.7 billion in the three moths ending March 31, 2021 – a 6% increase from the $10.1 billion in Q1 of 2020. The Group’s general insurance combined ratio was 98.8%, inclusive of catastrophe losses, marking a 2.7-point improvement from 101.5% in the first three months of 2020.

Net premiums written (NWP) in the first quarter of 2021 increased 9% to $6.5 billion due to strong growth in commercial lines insurance both in North America and AIG’s International business. The insurer said this growth reflects “continued strong rate increases across most

Read More>>

Share on linkedin
Share on facebook
Share on twitter
Share on email
Share on print