In response to the lifestyle of hijabi women in the Middle East, and with …
Read More »AIG posts $3.04bn loss, adding to CEO’s woes
Bloomberg American International Group Inc. posted its fourth loss in six quarters, burned again by higher-than-expected claims costs as Chief Executive Officer Peter Hancock struggles to sustain profitability. The net loss widened to $3.04 billion, or $2.96 a share, from a $1.84 billion, or $1.50, a year earlier, the New York-based insurer said in a statement. The fourth quarter’s …
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