AIG posts profit on stronger underwriting in general insurance unit

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 States, posted an underwriting income of $12 million in its general insurance business, compared with a loss of $1.07 billion, a year earlier.Net pre-tax catastrophe loss at the general insurance unit narrowed to $411 million i