— American International Group (NYSE: AIG) reported net income attributable to shareholders of $922 million or $1.03 per share for the fourth quarter of 2019, vs. $1.0 per share expected. — Adjusted after-tax income attributable to shareholders was $919 million or $1.03 per share, compared to a loss of $559 million or $0.63 per share […]
“— American International Group (NYSE: AIG) reported net income attributable to shareholders of $922 million or $1.03 per share for the fourth quarter of 2019, vs. $1.0 per share expected. — Adjusted after-tax income attributable to shareholders was $919 million or $1.03 per share, compared to a loss of $559 million or $0.63 per share […]
· February 13, 2020
— American International Group (NYSE: AIG) reported net income attributable to shareholders of $922 million or $1.03 per share for the fourth quarter of 2019, vs. $1.0 per share expected.
— Adjusted after-tax income attributable to shareholders was $919 million or $1.03 per share, compared to a loss of $559 million or $0.63 per share last year.
— Total consolidated net investment income increased to $3.6 billion from $2.8 billion in the prior-year quarter.
— Reported book value per common share of $74.93, up 15% from Q4 2018.
— Return on common equity was 5.3% for the 12 months ended December 31, 2019.
— AIG stock was trading flat immediately after the earnings announcement in the pre-market session.
