Physical Health Plan
No Result
View All Result
  • Home
  • Fitness
  • Mental Health
  • Recipes
  • Workouts
  • Food & Nutrition
  • Home
  • Fitness
  • Mental Health
  • Recipes
  • Workouts
  • Food & Nutrition
No Result
View All Result
Physical Health Plan
No Result
View All Result
Home Uncategorized

AIG Q1 Net Income Up as Underwriting Profit Soars

Related articles

What Should You Do If You’re in a Car Accident While Out of State?

Case study: Snapsheet’s virtual claims management technology

First quarter underwriting profit soared as AIG reported net income of $4.25 billion compared with $3.87 billion during the 2021 first quarter.

Underwriting income in AIG’s General Insurance unit was $446 million during the first three months of 2022, compared with $73 million during the same period a year ago. Underwriting income included $274 million in catastrophe losses, mostly from Australian floods. Catastrophe losses were $422 million during the first quarter 2021.

Net premiums written for General Insurance increased 2% to $6.48 billion in the first quarter on commercial lines growth in North America (6%) and International (5%), “reflecting continued positive rate change, higher renewal retentions, and strong new business production,” AIG said. The first-quarter accident year combined ratio for North America commercial lines improved 5.8 point to 88.1 and International improved 3.3 points to 83.5.

Personal lines grew 39% in the first quarter to $199 million, primarily driven by growth in the insurer’s travel business.

“General Insurance continues to generate top line growth while driving sustainable underwriting improvement and expense discipline in both the combined ratio and the adjusted accident year combined ratio,” said CEO Peter Zaffino in a statement. “We are compounding margin improvement over a multi-year period having improved the combined ratio and adjusted accident year combined ratio by 860 and 600 basis points over the prior two years.”

[Read More…]

Previous Post

Judge Lets Tulsa Race Massacre Reparations Lawsuit Proceed

Next Post

First Light Program Managers snaps up NTIS

Related Posts

Uncategorized

What Should You Do If You’re in a Car Accident While Out of State?

October 9, 2024
Uncategorized

Case study: Snapsheet’s virtual claims management technology

May 20, 2022
Uncategorized

Arbella Insurance partners up to launch Insurance Academy

May 20, 2022
Uncategorized

Ford Recalls 39,000 U.S. SUVs After Engine Fire Reports

May 20, 2022
Uncategorized

Growth of Massive New Mexico Wildfire Slowed

May 20, 2022
Uncategorized

Policies’ Arbitration, AOB Endorsements are Unconstitutional, Florida Lawsuit Claims

May 20, 2022

Search..

No Result
View All Result

Subscribe Us

By clicking submit, I authorize Physical Health Plan and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in our Terms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here

Recommended

Step by Step Instructions to Choose the Right Running Chews

December 24, 2021

Hot Yoga Is No Better for You Than Regular Yoga, Study Says

December 23, 2021
  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
  • Privacy Choices

© 2025 Physical Health Plan. All Rights Reserved.

No Result
View All Result
  • Home
  • Fitness
  • Mental Health
  • Recipes
  • Workouts
  • Food & Nutrition

© 2025 Physical Health Plan. All Rights Reserved.

Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Light BackgroundLight Background
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset