NEW YORK (AP) _ American International Group Inc. (AIG) on Thursday reported fourth-quarter net income of $929 million, after reporting a loss in the same period a year earlier.

The New York-based company said it had net income of $1.03 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

The insurer posted revenue of $11.82 billion in the period. Its adjusted revenue was $12.07 billion.

For the year, the company reported net income of $3.35 billion, or $3.74 per share, swinging to a profit in the period. Revenue was reported as $49.11 billion.

American International Group shares have risen almost 6% since the beginning of the year, while the Standard & Poor's 500 index has climbed nearly 5%. The stock has climbed 24% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIG at https://www.zacks.com/ap/AIG

Automated Insights, source Associated Press News