AIG profit rises 17 percent, announces dividend

Thu Aug 1, 2013 4:26pm EDT

Aug 1 (Reuters) - American International Group Inc reported a 17 percent rise in second-quarter profit, helped by strong performance in its insurance operations, and the company reinstated a quarterly dividend.

Net income rose to $2.73 billion, or $1.84 per share, in the quarter, from $2.33 billion, or $1.33 per share, a year earlier.

On an operating basis, AIG earned $1.12 per share.