AIG's profit misses estimates on life unit review, catastrophe losses
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(Reuters) - American International Group Inc missed analysts' estimates for third-quarter profit on Friday due to weakness in the insurer's life and retirement unit and a difficult period for catastrophe losses.Pre-tax income from AIG's life and retirement business fell 9% to $646 million (£499 million) as it booked a $143 million charge related to a review of its actuarial assumptions.The unit and many other life insurers typically conduct reviews every third quarter of assumptions they made..