AIG’s Life Unit Makes $877M: Earnings
November 9, 2021 by Allison Bell
The Life and Retirement business at American International Group could be a representative for the entire publicly traded U.S. life and annuity insurer class this quarter: It earned close to $900 million, in spite of low interest rates and the COVID-19 pandemic — and AIG executives are still talking about efforts to spin it off.
Peter Zaffino, AIG’s CEO, today assured investors that AIG is continue to work on separating from the life business.
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