- American International Group exceeded first-quarter profit expectations on Wednesday, driven by growth in its general insurance as well as life and retirement divisions, and lower catastrophe losses.
Insurers have reaped the benefits of growing hopes of a soft landing and a still-tight labor market that has revived spending on insurance policies.AIG's adjusted after-tax income attributable to common shareholders climbed to $1.77 per share from $1.63 a year ago. Analysts on average had expected $1.65, according to LSEG data.
Last month, peer insurer Travelers Companies missed estimates for first-quarter profit as severe storms in the United States drove up its catastrophe losses. Long-term investing in resilient dividend stocks can help you convert $95,000 into $1 million. Here's how. The post How Long Would it Take to Turn $95,000 Into $1 Million With TSX Dividend Stocks? appeared first on The Motley Fool Canada.These three growth stocks have surged in share price in the last year and yet have proven they can keep doing it time and time again. The post 3 Roaring Stocks to Hold for the Next 20 Years appeared first on The Motley Fool Canada.
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