AIG reveals Q3 financial results

The global insurer’s general insurance unit performed well in the quarter, with gross written premium (GWP) of $9.3 billion, up 13% from the $8.6 billion achieved in the prior year period.

In North America, net written premium (NWP) jumped by 17% in the three months ended September 30, 2021, hitting $3 billion, up from $2.6 billion in Q3 last year. That was largely driven by commercial lines growth of 18%, with North American NWP jumping from $2.2 billion in Q3 of 2020 to $2.6 billion in the same period this year.

AIG’s international commercial lines business also experienced a hike

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