American International Group reported third-quarter net income increased 142 percent over last year, putting losses from last year's catastrophic hurricane season behind it.
The New York-based insurance company reported net income rose $2.48 billion from $1.75 billion, or 66 cents a share, to $4.22 billion, or $1.61 cents a share.
For the nine months, net income rose 6 percent, or $576 million, from $10.03 billion, or $3.82 a share, to $10.61 billion, or $4.04 share.
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