AIG Q2 GI CoR improves 3.2 pts to 89.3% on higher reserve releases
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AIG Q2 GI CoR improves 3.2 pts to 89.3% on higher reserve releases

Q2 cat losses at AIG declined to $170mn from $330mn in the prior year quarter.

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AIG’s Q2 GI combined ratio (CoR) decreased 3.2 points to 89.3%, driven by $112mn of favorable reserve development in the period, up from $20mn releases a year ago.

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