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AIG Posts 27% Profit Drop on Higher Catastrophe Insurance Claims

AIG's earnings report after the bell Monday shows the insurance company battling lower earnings and revenue over its first quarter. Net income of $1.6 billion was down 27% from a year earlier. Dragging on profits, AIG property casualty insurance saw

http://www.firstcoastnews.com/video/3538992107001/1496488896001/AIG-Posts-27-Profit-Drop-on-Higher-Catastrophe-Insurance-Claims http://cdn.newslook.com/5e/5e3c8cc6a39e1e1742acc2b6668c3c16/images/frame_ext.jpg AIG Posts 27% Profit Drop on Higher Catastrophe Insurance Claims AIG's earnings report after the bell Monday shows the insurance company battling lower earnings and revenue over its first quarter. Net income of $1.6 billion was down 27% from a year earlier. Dragging on profits, AIG property casualty insurance saw FinanceWTLVyoutubeYahoo!newslookmoneyNews 00:53

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