American International Group Inc (AIG.N) on Thursday posted its biggest-ever quarterly loss, missing Wall Street expectations after being hurt by a write-down of securities exposed to bad mortgage investments.
The world's largest insurer posted a $5.29 billion loss - the largest in the company's 89-year history.
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As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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