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AIG could lose $3.1B thanks to recent natural disasters


Insurance giant AIG warned Wall Street on Monday of what could be its largest-ever quarterly catastrophe loss — as much as $3.1 billion following hurricanes in the Gulf of Mexico and earthquakes in Mexico. AIG is set to lose as much as $1.2 billion from Hurricane Harvey, which devastated Houston and surrounding cities. That’s about...
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Source: New York Post


22:52, October 9, 2017 Kevin Dugan

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