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July 22, 2004 at 08:00 PM
NU Online News Service, July 22, 2004, 7:23 p.m. EDT
Low U.S. group life prices cast one of the few shadows on domestic life and retirement services results at American International Group Inc., New York, during the second quarter.[@@]
AIG is reporting $2.9 billion in net income for the latest quarter on $24 billion in revenue, up from $2.3 billion in net income on $20 billion in revenue for the second quarter of 2003.
The global life and retirement services operations generated $2.1 billion in operating income for the quarter on $6.8 billion in revenue, up from $1.8 billion in operating income on $5.6 billion in revenue.
