AIG Q3 GI CoR falls 2.4 points to 97.3% despite $450mn Ian loss
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AIG Q3 GI CoR falls 2.4 points to 97.3% despite $450mn Ian loss

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AIG’s general insurance (GI) Q3 combined ratio improved 2.4 points to 97.3% despite $600mn of catastrophe losses before reinstated premiums in the quarter – of which $450mn was attributed to Hurricane Ian.

The company’s performance was in line with other commercial carriers, like Travelers or The Hartford, which also reported improved underwriting results despite losses due to the storm.


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