AIG’s 2016 So Far: How Has The P&C Insurance Division Performed?
AIG (NYSE:AIG) ranks among the top ten Property & Casualty (P&C) insurers in the U.S., with a market share of 3.23% in terms of premiums earned. In the first half of 2016, the P&C division’s overall revenues declined by 13% y-o-y to $12.7 billion and pre-tax segment operating income declined by 33% to almost $2 billion.
- Up 14% In The Last Twelve Months, What To Expect From American International Group Stock In Q4?
- Up 9% In The Last One Month, Where Is American International Group Stock Headed?
- American International Group Stock Is Undervalued
- American International Group’s Stock Is Trading Below Its Intrinsic Value
- American International Group Stock To Post Mixed Results In Q4
- Forecast Of The Day: AIG’s International Net Premiums Earned
The accident year combined ratio – the ratio of claims and expenses paid to premiums earned – improved marginally from 93.9% in H1 2015 to 91.4% in H1 2016, as higher catastrophic losses (due to windstorms and hailstorms in the Americas) were offset by a lower expense ratio. The table below provides an overview of the results. Please refer to our complete analysis for AIG
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