AIG profit slumps on Fortitude Re losses, yet CEO bullish on 2024 growth

Global re/insurance conglomerate American International Group (AIG) saw its profit plunge in both the fourth quarter and full-year 2023. However, its CEO remains optimistic, citing strong momentum and improved underwriting as key drivers for growth in 2024.

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AIG profit slumps on Fortitude Re losses, yet CEO bullish on 2024 growth

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