
American International Group (AIG) reported its Q3 24 earnings, surpassing Wall Street expectations. The company posted an adjusted after-tax earnings per share (EPS) of $1.23, exceeding the IBES estimate of $1.10. AIG's general insurance net premiums written amounted to $6.38 billion, while the general insurance adjusted accident year combined ratio stood at 88.3%. The company's general insurance underwriting income was $437 million. Additionally, AIG's book value per share was reported at $71.46, beating the estimated $69.00. The higher profit was driven by strong underwriting and net investment income.
Apollo Global’s push to target wealthy individuals helped boost the firm’s assets under management to $733 billion https://t.co/ZiwGnIQosb via @lauralevfinance @markets
$APO Apollo Global Management Inc.’s push to target wealthy individuals helped boost the firm’s assets under management to $733 billion, a 16% increase over the same period a year earlier.
Apollo Global’s push to target wealthy individuals helped boost the firm’s assets under management to $733 billion https://t.co/XOI5kc3Sfc
