Insurance Post

AIG's global commercial premiums fell 15% in Q2

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US global insurance giant AIG posted a 102.7% combined operating ratio for commercial lines in the second quarter.

During the quarter pre-tax commercial lines profit dropped 24% to $716m (Q216: $941m) as the combined ratio deteriorated from 98.3% to 102.7%. Net written premiums declined 15% to $3.83bn.

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