American International Group, Inc. (AIG)
| Market Cap | 49.70B |
| Revenue (ttm) | 46.80B |
| Net Income (ttm) | 3.61B |
| Shares Out | 680.95M |
| EPS (ttm) | 4.98 |
| PE Ratio | 14.66 |
| Forward PE | 10.39 |
| Dividend | $1.44 (1.97%) |
| Ex-Dividend Date | Mar 13, 2024 |
| Volume | 2,694,893 |
| Open | 73.17 |
| Previous Close | 72.58 |
| Day's Range | 72.77 - 73.60 |
| 52-Week Range | 48.95 - 78.95 |
| Beta | 1.03 |
| Analysts | Buy |
| Price Target | 78.56 (+7.63%) |
| Earnings Date | May 1, 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]
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 StatementsAnalyst Forecast
According to 16 analysts, the average rating for AIG stock is "Buy." The 12-month stock price forecast is $78.56, which is an increase of 7.63% from the latest price.
News
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...
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...
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...
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 ...
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.
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...
Chris Inglis Elected to AIG's Board of Directors
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that its Board of Directors has elected John (Chris) Inglis as an independent Director, effective March 1, 202...
AIG to Redeem its Series A Preferred Stock, Represented by Depositary Shares
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it will redeem all outstanding shares of its Series A 5.85% Non-Cumulative Perpetual Preferred Stock (CUS...
AM Best Upgrades Issuer Credit Ratings for American International Group, Inc. and Its Property/Casualty Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a+” (Excellent) from “a” Excellent) and affirmed the Financial Strength Rating (FSR) of A ...
Level Up Insurance Partners with Industry Giants Aetna, Americo, and AIG to Enhance Client Service
Doral, Florida--(Newsfile Corp. - January 17, 2024) - The founder and CEO of Level Up Insurance, Joseph Gonzalez, has announced his company's partnership with industry titans to provide top-notch heal...
AIG to Report Fourth Quarter and Full Year 2023 Financial Results on February 13, 2024, and Host Conference Call on February 14
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) will report financial results for the fourth quarter and full year ended December 31, 2023, after the market closes on Tuesday...
U.S. insurer AIG leads policy for Japan Airlines plane -sources
U.S. insurer AIG was the lead insurer on a $130 million "all-risks" policy for the Japan Airlines airplane which collided with another plane at Tokyo's Haneda airport, two insurance industry sources s...
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, ...
Jimmy Dunne Elected to AIG's Board of Directors
NEW YORK--(BUSINESS WIRE)--American International Group (NYSE: AIG) today announced that its Board of Directors has elected James (Jimmy) Dunne III as an independent Director, effective December 1, 20...
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 $20.50 pe...
AIG to sell more than $700 million worth of Corebridge Financial stock, less than a month after selling $1 billion
American International Group Inc. AIG, +1.51% said Friday that it will sell off another 35 million shares of Corebridge Financial Inc. CRBG, +0.86%, but will remain a majority owner of the retirement ...
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...
Rose Marie Glazer Named General Counsel of AIG
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Rose Marie Glazer, who served as Interim General Counsel since October 1, 2023, has been named General Co...
Up 9% In The Last One Month, Where Is American International Group Stock Headed?
American International Group's stock (NYSE: AIG) has gained around 2% YTD, while the S&P500 is up 19% over the same period.
AIG Announces Reference Yields and Total Consideration for its Tender Offer for Debt Securities
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced, in connection with its previously announced tender offer (the “Tender Offer”) to purchase outstanding notes a...
AIG Announces Early Results and Upsizing of Its Tender Offer for Debt Securities
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the early results of its previously announced tender offer (the “Tender Offer”) to purchase for cash the notes...
AIG Appoints Roshan Navagamuwa as Executive Vice President and Chief Information Officer
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Roshan Navagamuwa will be joining AIG in December and has been named EVP and Chief Information Officer, e...
AIG Commences Cash Tender Offer for Debt Securities
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today commenced a cash tender offer for 13 series of its outstanding debt securities. The complete terms of the tender offer a...
AIG launches secondary offering of 50 million shares of former life and retirement business Corebridge Financial
American International Group Inc. AIG, -0.96% said Monday it is launching a secondary offering of 50 million shares of common stock of Corebridge Financial Inc. CRBG, -2.90%, its former life and retir...
AIG beats Q3 profit estimates on general insurance, life and retirement gains
American International Group exceeded third-quarter profit expectations on Wednesday, driven mainly by growth at its general insurance and life and retirement units.