BIGGER PROFIT: American International Group's net income grew 17 percent in the second quarter. The insurer benefited from higher net premiums, prices and income from investments.

BIGGER PROFIT: American International Group's net income grew 17 percent in the second quarter. The insurer benefited from higher net premiums, prices and income from investments.

THE NUMBERS: AIG reported net income of $2.7 billion, or $1.84 per share, in the April-June quarter, compared with net income of $2.33 billion, or $1.33 per share, a year earlier. Analysts polled by FactSet expected, on average, adjusted earnings of 86 cents per share.

SURPRISE: For the first time since nearly collapsing in 2008, AIG declared a 10-cent dividend and said its board approved a share buyback plan of up to $1 billion.