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KM Financial Solutions | UPDATE 2-AIG swings to quarterly loss, adds $836 mln to reserves
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UPDATE 2-AIG swings to quarterly loss, adds $836 mln to reserves

01 Nov UPDATE 2-AIG swings to quarterly loss, adds $836 mln to reserves

Posted at 23:45h in News by
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NEW YORK, Nov 2 (Reuters) – American International Group Inc
posted a bigger-than-expected quarterly loss on Thursday
as the insurer booked huge catastrophe losses, and said it had
set aside $836 million to meet losses related to prior-year
accident claims.

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