Insurer AIG's quarterly loss narrows on reinsurance benefit
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(Reuters) - American International Group Inc reported a smaller quarterly loss on Wednesday as reinsurance pacts helped offset steep catastrophe losses in Japan and North America.The insurer posted a net loss of $1.26 billion, or $1.41 per share, for the third quarter ended Sept. 30, compared with a loss of $1.74 billion (1.36 billion pounds), or $1.91 per share, a year earlier.AIG recorded net pretax catastrophe losses of $1.6 billion in the quarter, mainly related to typhoons in Japan and..