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1 August 2024Insurance

Corebridge deconsolidation hits AIG with $4.7bn loss despite ‘stellar’ underwriting

American International Group (AIG) recognised a significant loss of $4.7 billion as a result of Corebridge deconsolidation, overshadowing what CEO Peter Zaffino (pictured) hailed as “terrific underwriting results” in an otherwise “outstanding” second quarter.

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