Global insurer American International Group, Inc. (AIG) has reported that its General Insurance (GI) underwriting income rose 81% year-over-year, reaching $793 million for the third quarter of 2025, compared to $437 million in the same period last year.This increase was driven by lower catastrophe-related charges, more favourable prior year development (PYD) and lower acquisition expenses.GI gross premiums written (GPW) increased by 1% to $8.7 billion for the quarter, compared to $8.6 billion in Q3’24. Mean ...