AIG Europe posts profit of £59.5m despite a fall in premiums
AIG Europe has reported a profit before tax of £59.5m for the 12 months to 30 November 2018, up from a loss of £431.5m the previous year.
Net written premiums at the insurer fell to £3.79bn from £3.9bn the previous year.
The fall in NWP reflects company’s decision to focus on core areas of growth, AIG said.
In financial lines, AIG
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