AIG posts profit on stronger underwriting in general insurance unit
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(Reuters) - Insurer American International Group Inc on Thursday reported a quarterly profit compared to a year-earlier loss, helped by smaller catastrophe losses and improved underwriting in its general insurance business.Net income attributable to the company's shareholders was $922 million, or $1.03 per share, in the fourth quarter ended Dec. 31, compared to a loss of $622 million (479.2 million pounds), or 70 cents per share, a year earlier.AIG, one of the largest insurers in the United..