American International Group, Inc. (AIG)

NYSE: AIG · IEX Real-Time Price · USD
77.14
+0.18 (0.23%)
Jul 12, 2024, 4:00 PM EDT - Market closed
0.23%
Market Cap 51.20B
Revenue (ttm) 48.40B
Net Income (ttm) 4.79B
Shares Out 663.67M
EPS (ttm) 6.73
PE Ratio 11.46
Forward PE 11.57
Dividend $1.60 (2.07%)
Ex-Dividend Date Jun 14, 2024
Volume 2,963,747
Open 77.10
Previous Close 76.96
Day's Range 76.72 - 77.74
52-Week Range 57.02 - 80.83
Beta 1.09
Analysts Buy
Price Target 83.07 (+7.69%)
Earnings Date Jul 31, 2024

About AIG

American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, ... [Read more]

Sector Financials
Founded 1919
Employees 25,200
Stock Exchange NYSE
Ticker Symbol AIG
Full Company Profile

Financial Performance

In 2023, AIG's revenue was $46.80 billion, a decrease of -14.05% compared to the previous year's $54.45 billion. Earnings were $3.61 billion, a decrease of -64.56%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for AIG stock is "Buy." The 12-month stock price forecast is $83.07, which is an increase of 7.69% from the latest price.

Price Target
$83.07
(7.69% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AIG Names Adam Burk Global Treasurer and Head of Corporate Development

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the appointment of Adam Burk as Global Treasurer and Head of Corporate Development, effective immediately. He ...

6 days ago - Business Wire

AIG to Report Second Quarter 2024 Financial Results on July 31, 2024, and Host Conference Call on August 1, 2024

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) will report financial results for the second quarter ended June 30, 2024, after the market closes on Wednesday, July 31, 2024....

12 days ago - Business Wire

Zurich Insurance buys AIG travel business in $600 mln deal

Zurich Insurance on Wednesday announced a $600 million deal to buy AIG's global personal travel insurance and assistance business.

18 days ago - Reuters

AIG to Sell its Global Personal Travel Insurance and Assistance Business including Travel Guard® to Zurich

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has entered into a definitive agreement to sell its global individual personal travel insurance and as...

18 days ago - Business Wire

American International Group Stock Is Up 9% YTD, What's Next?

American International Group's stock (NYSE: AIG) has gained around 9% YTD, while the S&P500 is up 15% over the same period. Notably, American International Group's peer Travelers (NYSE: TRV) is also u...

23 days ago - Forbes

AIG Completes Deconsolidation of Corebridge Financial

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced it has met the requirements for the deconsolidation of Corebridge Financial (NYSE: CRBG) for accounting purpos...

Other symbols: CRBG
4 weeks ago - Business Wire

AIG Announces Closing of Secondary Offering of Corebridge Financial, Inc. Common Stock

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the closing of its secondary offering of shares of Corebridge Financial, Inc. (NYSE: CRBG) common stock. AIG, ...

Other symbols: CRBG
5 weeks ago - Business Wire

AIG Announces Pricing of Secondary Offering of Corebridge Financial, Inc. Common Stock

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has priced the secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock at $29.20 pe...

Other symbols: CRBG
6 weeks ago - Business Wire

AIG Announces Launch of Secondary Offering of Corebridge Financial, Inc. Common Stock

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the launch of a secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock. AIG, as the sellin...

Other symbols: CRBG
6 weeks ago - Business Wire

AIG Appoints Gordon Browne as Global Head of Specialty

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Gordon Browne has been appointed Global Head of Specialty, effective June 11, 2024. Mr. Browne will repor...

7 weeks ago - Business Wire

AIG to Participate in Bernstein's 40th Annual Strategic Decisions Conference

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 Bernstein's...

7 weeks ago - Business Wire

AIG to Sell 20% of Corebridge to Nippon Life for $3.8 Billion

Insurance giant American International Group has struck a deal to sell a stake in its majority-owned life-and-retirement arm Corebridge Financial to Japan's Nippon Life Insurance for $3.8 billion.

2 months ago - WSJ

AIG to sell 20% stake in Corebridge for $3.8 bln

American International Group said on Thursday it would sell a 20% stake in its life insurance and retirement unit Corebridge Financial for $3.8 billion.

2 months ago - Reuters

AIG Announces Sale of a 20% Ownership Stake of Corebridge to Nippon Life

NEW YORK--(BUSINESS WIRE)--AIG today announced that it has reached an agreement to sell approximately 120 million shares of its Corebridge common stock to Nippon Life Insurance Company (Nippon Life) f...

2 months ago - Business Wire

Insurance's impact on inflation

CNBC's Contessa Brewer reports on how persisent inflation has been hitting insurance companies.

Other symbols: ALLHIPOHRTGTHG
2 months ago - CNBC Television

AIG Reports Strong First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the first quarter ended March 31, 2024. AIG Chairman & Chief Executive Officer Peter Zaff...

2 months ago - Business Wire

AIG Appoints Kelly Lafnitzegger Executive Vice President and Chief Human Resources & Diversity Officer

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Kelly Lafnitzegger will join AIG as Executive Vice President and Chief Human Resources & Diversity Office...

2 months ago - Business Wire

Stuart Myers and Christopher Conti Join RYZE Claim Solutions' Board of Directors

NOBLESVILLE, Ind. & TAMPA, Fla.--(BUSINESS WIRE)--RYZE Claim Solutions (“RYZE” or “the Company”), a leading full-service claims management business, today announced the appointment of Stuart Myers and...

2 months ago - Business Wire

AIG Announces Leadership Change

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that David McElroy will retire from AIG effective May 1, 2024. Mr. McElroy has agreed with AIG to accelerate h...

2 months ago - Business Wire

Aviva completes takeover of AIG's UK life insurance business

British insurer Aviva said on Tuesday it had completed the 453 million pound ($574 million) acquisition of AIG's UK life insurance business, sealing the largest takeover under CEO Amanda Blanc to date...

3 months ago - Reuters

AIG to Report First Quarter 2024 Financial Results on May 1, 2024, and Host Conference Call on May 2

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) will report financial results for the first quarter ended March 31, 2024, after the market closes on Wednesday, May 1, 2024. A...

3 months ago - Business Wire

Pacific Prime Recognized as AIG's Strategic Partner 2023

DUBAI, United Arab Emirates--(BUSINESS WIRE)--Global health insurance broker, Pacific Prime Dubai has been awarded the AIG Strategic Partner Award 2023 in recognition for their outstanding performance...

4 months ago - Business Wire

AIG Reports Excellent Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the fourth quarter and full year ended December 31, 2023. AIG Chairman & Chief Executive ...

5 months ago - Business Wire

Up 14% In The Last Twelve Months, What To Expect From American International Group Stock In Q4?

American International Group (NYSE: AIG) is scheduled to report its fiscal Q4 2023 results on Tuesday, February 13, 2024 (after market close). We expect AIG to outperform the consensus estimates.

5 months ago - Forbes

Competition watchdog begins Aviva, AIG Life probe

Britain's antitrust watchdog has launched an investigation into Aviva's acquisition of AIG 's life insurance business, it said on Thursday, amid concerns the deal could result in "a substantial lessen...

5 months ago - Reuters