Q2 2024 American International Group Inc Earnings Call Transcript
(audio in progress) -- And our North America and international leaders, Don Bailey and John Hancock will join us for the Q&A portion of the call.
Our prepared remarks have a lot of detail, particularly related to our deconsolidation of coverage. We intend to provide ample time for Q&A.
I want to start with highlights of our outstanding second quarter performance. As Quintin mentioned at the beginning of the call, all figures I will reference today will be on a comparable basis, excluding the impact of Validus Re and corporate services, unless otherwise noted, in order to provide a clearer view of our underlying profit. Adjusted after-tax income was 775 million or $1.16 per diluted share, representing a 38% increase in earnings per share year over year, driven by strong organic growth, a continuation of our very strong underwriting performance, ongoing expense discipline, volatility containment and a decrease in shares outstanding. General Insurance net premiums written grew 7%, led
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