Cat losses of $525mn send AIG’s Q1 CoR up 6 pts to 95.8%
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Cat losses of $525mn send AIG’s Q1 CoR up 6 pts to 95.8%

The California wildfires in January accounted for $460mn of Q1 cat activity.

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AIG’s GI combined ratio (CoR) increased six points to 95.8% in Q1 fueled by $525mn of cat losses in the quarter, up from $106mn in the prior year period.

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