The world's largest insurer AIG (American International Group) increased the profit despite losses in the real-estate-business by well a third. The investors honored the good numbers, analysts worse had feared.
The net profit rose in the second quarter by 35% to 4,28 billion US-Dollars.
Growth drivers were higher incomes with life- and damage-insurances.
In the 1-year-review, the AIG-stock has a profit of 5,8%. A good possibility, if you are a value-investor.
Greetings,
Armin
www.aig.com
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About Me
- Armin Stalder
- I finished my education in the insurance industry. Now, worldwide economy, financial markets and the investment business are my favorite topics in my life. My favorite hobby is to search good possibilities to invest with different stocks & co.
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