AIG sees 24% hike in general insurance premiums

Insurance giant AIG has recorded a 36% rise in first quarter profit following a hike in property and casualty premiums.

The insurer said net income rose to $2.66bn from $1.95bn for the same period last year.

Net premiums written in general insurance increased 24% to a $10.21bn, and the operation's combined ratio was 93

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