AIG Europe reports growth in net premiums, slight COR improvement
AIG's European arm posted stable results for the year ended 30 November 2015, including a slightly stronger combined ratio of 98.2% (2014: 98.4%) and 2% growth in net premiums.
The company's net premiums written grew to £3.55bn (2014: £3.49bn) and reported its underwriting result as £61.9m (2014: £59.6m).
AIG also saw a positive performance in its commercial business but
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