Aug. 7 (Bloomberg) -- American International Group Inc., the insurer rescued by the U.S. government, reported its first profit in seven quarters as investment losses narrowed.Second-quarter net income of $1.82 billion, or $2.30 a share, compares with a net loss of $5.36 billion, or a split- adjusted $41.13, a year earlier, New York-based AIG said today in a regulatory filing. Operating income, which excludes some investment results, was $2.57 a share, beating the average estimate of five analysts surveyed by Bloomberg by $1.07.
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