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Empresas y finanzas

AIG first-quarter profit rises


    NEW YORK (Reuters) - Bailed-out insurer American International Group said first-quarter profit more than doubled from a year earlier, when the company racked up substantial catastrophe losses related to the March 11 earthquake in Japan.

    AIG said on Thursday net income was $3.2 billion, or $1.71 per share. That compares with year-earlier net income of $1.3 billion, or 31 cents per share.

    (Reporting by John McCrank)