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AIG suffers in third-quarter with $3 billion in losses

American International Group Inc. (AIG) had a pretty bad third-quarter. On Monday, the company said it lost about $2.9 billion to $3.1 billion to the recent hurricanes. Its estimated pre-tax losses were $1.1 billion to $1.2 billion from Harvey's destruction, $1.0 billion to $1.1 billion from Irma, and $600 to $700 from Maria. They expect at least $150 million in losses from the earthquakes in Mexico

Source: Inform News

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