Insurance Post

AIG reports 23% Q3 group post-tax profit leap

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AIG's property casualty division has recorded a combined operating ratio of 102% in the third quarter of 2014 alongside a divisional pre-tax operating income of $1.1bn (£687m).

The division's COR had deteriorated slightly from 101.6% in the third quarter of 2013 and pre-tax operating income increased 2% on its prior year result.

Overall, the American insurer saw a third

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