American International Group, Inc. engages in the provision of a range of property casualty insurance, life insurance, retirement products, and other financial services to commercial and individual customers. It operates through the following segments: General Insurance, Life and Retirement and Other Operations. The General Insurance segment consists of insurance businesses in North America and International business areas. The Life and Retirement segment includes Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets. The Other Operations segment covers income from assets held by the company and other corporate subsidiaries. The company was founded by Cornelius Vander Starr in 1919 and is headquartered in New York, NY.

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AIG reports solid Q4 earnings, eyes 10% ROE through strategic initiatives

AIG's Q4 2022 performance showcased strong earnings, underwriting improvements, and progress towards ROCE goals.
The company's focus on expense reduction, capital management, and strategic portfolio shaping are key strengths.
Challenges include market trends in casualty pricing and excess D&O, requiring careful monitoring and strategic adjustments.
Opportunities for growth lie in achieving a 10% ROE, leveraging rate increases, and enhancing NII trajectory post-Corebridge separation.

AIG reports strong Q1 earnings, navigates challenges, eyes growth opportunities

AIG's Q1 performance reflects solid financial results, strategic initiatives, and a focus on operational efficiency and risk management.
The company's strengths lie in strong capitalization, efficient expense management, and growth opportunities in key market segments.
Challenges include navigating market dynamics, strategic decisions, and maintaining consistent performance amidst industry pressures.
Opportunities for AIG include leveraging growth prospects, optimizing cost structures, and capitalizing on market trends for sustained profitability.

AIG reports strong Q2 earnings, focuses on strategic growth initiatives

AIG's Q2 2023 earnings reflect a robust financial performance, strategic initiatives to enhance operational efficiency, and a commitment to shareholder value. Despite challenges in certain segments, the company's strong balance sheet and global growth opportunities position it well for future success.

AIG reports exceptional Q3 results, navigates challenges, and eyes growth opportunities

AIG delivered strong Q3 results across its General Insurance and Life and Retirement segments, showcasing positive financial highlights and strategic progress. Challenges in certain segments require focused management, while opportunities exist in expense reduction and capital management strategies. The company's performance reflects a commitment to enhancing profitability and shareholder value.

AIG reports strong Q4 earnings, eyes ROCE goal achievement

AIG's Q4 showcased robust financial results, marked by income growth, improved underwriting, and progress towards strategic goals. While challenges like expense ratios and geopolitical impacts were acknowledged, AIG remains focused on capital efficiency and operational excellence to drive future growth.

AIG reports robust Q1 earnings, eyes growth post-Corebridge deconsolidation

AIG's Q1 2024 earnings call highlighted strong financial performance, commitment to capital management, and strategic focus on growth opportunities. The company aims to deconsolidate Corebridge, reduce share count, and improve underwriting leverage while maintaining a focus on shareholder returns.

AIG reports robust Q3 earnings, focuses on tech-driven growth strategies

AIG's Q3 2024 earnings call highlighted strong financial performance, strategic initiatives to manage volatility, and a focus on enhancing underwriting capabilities through technology. The company aims to achieve a 10% core operating ROE by 2025, emphasizing capital management and sustained underwriting profitability amidst industry challenges.

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American International Group, Inc. is a global insurance organization, which provides property casualty insurance, offering a range of products, including liability, financial lines, property, global specialty, personal lines and accident and health that help businesses, individuals and jurisdictions to protect their assets and manage risks through AIG operations and network partners. It operates through the following segments: General Insurance and Other Operations. The General Insurance segment consists of insurance businesses in North America and International business areas. The Other Operations segment covers income from assets held by the company and other corporate subsidiaries. The company was founded by Cornelius Vander Starr in 1919 and is headquartered in New York, NY.

Advanced Health Intelligence

Highlights AHI partner Bearn LLC ("Bearn") signs transformative commercial partnership with US insurance conglomerate American International Group Inc. ("AIG"). AHI biometrics to be used in Bearn and AIG partnership to acquire and streamline underwriting solutions.

Advanced Health Intelligence to Play a Pivotal Role in Bearn Collaboration with AIG Insurance

Aviva PLC

Aviva said on Monday it had agreed to buy the UK life insurance business of AIG for 460 million pounds ($563 million), in the largest acquisition to date by the British insurer's CEO Amanda Blanc.

Aviva to buy AIG's UK life insurance business for $563 million

Aviva PLC (LSE:AV.) has picked up AIG's UK protection business for £460 million, a deal it said would deliver “significant capital and expense synergies ” The FTSE 100-litsted insurer said the deal supports its strategy to grow capital-light businesses and adds 1.3 million individual protection customers and 1.4 million group protection members.

Aviva buys AIG's UK protection business for £460 million

NEW YORK--(BUSINESS WIRE)--American International Group (NYSE: AIG) today announced that Edward L. Dandridge has joined the company as Executive Vice President and Chief Marketing & Communications Officer, effective October 16, 2023. Mr. Dandridge will report to Peter Zaffino, Chairman & Chief Executive Officer, and serve on AIG's Executive Leadership Team. Mr. Dandridge will lead the global teams that shape AIG's corporate reputation including Brand, Marketing, and External and Interna.

AIG Appoints Ed Dandridge as Executive Vice President and Chief Marketing & Communications Officer

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why American International Group (AIG) is a Top Momentum Stock for the Long-Term

AIG's shares have rallied since March and are now trading around the $60 target, with the potential to reach $70 in the next year. The company's financials have improved, with its highest level of earnings since before the financial crisis. AIG's investment portfolio is also benefitting from higher rates as it reinvests maturities.

Solid Underwriting And Higher Rates Make AIG A Buy

American International Group, Inc. (NYSE:AIG ) 2023 Keefe, Bruyette & Woods Insurance Conference September 6, 2023 4:20 PM ET Company Participants Peter Zaffino - CEO Sabra Purtill - CFO Conference Call Participants Meyer Shields - KBW Meyer Shieldsa Okay. We hopefully have a lot of information to get to you.

American International Group, Inc. (AIG) Presents at 2023 Keefe, Bruyette & Woods Insurance Conference (Transcript)

Streamlining of operations, improving premiums and increasing rates poise American International (AIG) well for growth.

Reasons to Hold American International (AIG) Stock Right Now

NEW YORK--(BUSINESS WIRE)--American International Group (NYSE: AIG) today announced that Lucy Fato will transition from her current role as Executive Vice President, General Counsel & Global Head of Communications and Government Affairs to Vice Chair at AIG, effective October 1, 2023. In this newly created role, Ms. Fato will report to Peter Zaffino, Chairman & Chief Executive Officer of AIG, and continue to support AIG's journey to become a top performing global insurer. Mr. Zaffino st.

Lucy Fato to Assume Role of Vice Chair at AIG

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Factbox: Stocks to watch as Idalia makes landfall in Florida

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Peter Zaffino, AIG Chairman & Chief Executive Officer, will participate in a fireside chat at the 2023 Keefe, Bruyette & Woods Insurance Conference on Wednesday, Sept. 6, 2023 at 4:20 p.m. ET. A link to the live, audio webcast will be available in the Investors section of AIG's website: https://www.aig.com. A replay will be available afterward at the same location. About AIG American Internati.

AIG to Participate in the 2023 Keefe, Bruyette & Woods Insurance Conference

American International Group's stock (NYSE: AIG) has lost around 9% YTD, while the S&P500 is up 15% over the same period.

American International Group Stock Is Undervalued

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) (“AIG”) today announced that Validus Holdings, Ltd. (“Validus Holdings”), an AIG company, will redeem all of the outstanding 8.875% Senior Notes due 2040 (CUSIP 91915WAB8 / ISIN US91915WAB81) of Validus Holdings (the “Notes”) on September 21, 2023 (the “Redemption Date”) and directed The Bank of New York Mellon, the trustee with respect to the Notes (the “Trustee”), to deliver a notice of redemption to each registered hol.

Validus Holdings to Redeem its 8.875% Senior Notes Due 2040

AXA SA

AXA said on Thursday it had agreed to buy Irish health insurer Laya from Corebridge Financial, a subsidiary of AIG for 650 million euros ($709.74 million) to expand its position on the European health market.

AXA acquires Irish health insurer Laya from AIG for 650 million euros

American International's (AIG) second-quarter results benefit from strong life and retirement segment and improving investment income. Rising expenses partially offset the positives.

American International (AIG) Q2 Earnings Top on Premium Growth

American International Group, Inc. (NYSE:AIG ) Q2 2023 Earnings Conference Call August 1, 2023 8:30 AM ET Company Participants Quentin McMillan - VP, MD & Head, IR Peter Zaffino - Chairman & CEO Sabra Purtill - EVP & Interim CFO Conference Call Participants Jon Newsome - Piper Sandler & Co. Meyer Shields - KBW Yaron Kinar - Jefferies Alexander Scott - Goldman Sachs Group Michael Zaremski - BMO Operator Good day, and welcome to AIG's Second Quarter 2023 Financial Results Conference Call. This conference is being recorded.

American International Group, Inc. (AIG) Q2 2023 Earnings Call Transcript

American International Group (AIG) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.19 per share a year ago.

American International Group (AIG) Q2 Earnings and Revenues Surpass Estimates

American International Group exceeded second-quarter profit expectations on Tuesday, driven by growth at its life and retirement unit and lower-than-expected catastrophe losses in what was a very expensive quarter for the industry.

Insurer AIG profit beats estimates on gains in life and retirement unit

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the second quarter ended June 30, 2023. AIG Chairman & Chief Executive Officer Peter Zaffino said: “In the second quarter, we continued to build on our momentum, delivering outstanding financial results as well as successfully executing on multiple strategic priorities. Second quarter adjusted after-tax income attributable to AIG common shareholders per diluted common share was $1.

AIG Reports Second Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--American International Group (NYSE: AIG) today announced that Christopher Schaper, currently CEO of AIG Re, has been named Global Chief Underwriting Officer of AIG, effective as of the closing of the previously announced sale of Validus Re to RenaissanceRe, which is expected to occur in the fourth quarter of 2023. Mr. Schaper will report to Peter Zaffino, Chairman and Chief Executive Officer of AIG. Mr. Zaffino stated: “Since joining AIG in 2019, Chris has been a resu.

AIG Names Christopher Schaper Global Chief Underwriting Officer

American International's (AIG) Q2 results are likely to reflect rate increases and new business growth in its General Insurance unit, partly offset by a higher cost base.

What's in the Cards for American International's (AIG) Q2 Earnings?

American International Group (AIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

American International Group (AIG) Reports Next Week: Wall Street Expects Earnings Growth

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does American International Group (AIG) have what it takes?

Why American International Group (AIG) is a Great Dividend Stock Right Now

Assurant

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Better pricing, product redesigns, technological advancement, high inflation and rate rise are expected to aid multiline insurers like MET, AIG, PRU, AIZ and CRBG.

5 Stocks to Watch From the Soft Multiline Insurance Industry

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In this analysis, I explore the key differences between the 2008 and the 2023 banking crisis, examining their causes, impacts and responses. While the 2008 crisis was a global meltdown that required massive government intervention, the 2023 crisis was more localized but still demanded attention from investors.

News for AIG Stock (AIG)