American International Group, Inc. (AIG)
| Market Cap | 47.56B |
| Revenue (ttm) | 48.56B |
| Net Income (ttm) | 3.79B |
| Shares Out | 702.04M |
| EPS (ttm) | 5.39 |
| PE Ratio | 12.57 |
| Forward PE | 9.40 |
| Dividend | $1.44 (2.13%) |
| Ex-Dividend Date | Dec 13, 2023 |
| Volume | 1,641,358 |
| Open | 67.87 |
| Previous Close | 67.87 |
| Day's Range | 67.56 - 68.03 |
| 52-Week Range | 45.66 - 68.03 |
| Beta | 1.04 |
| Analysts | Buy |
| Price Target | 70.94 (+4.71%) |
| Earnings Date | Feb 14, 2024 |
About AIG
American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through General Insurance, and Life and Retirement segments. 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, and crisis management ins... [Read more]
Financial Performance
In 2022, AIG's revenue was $56.44 billion, an increase of 8.41% compared to the previous year's $52.06 billion. Earnings were $10.25 billion, an increase of 9.49%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for AIG stock is "Buy." The 12-month stock price forecast is $70.94, which is an increase of 4.71% from the latest price.
News
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.
AIG Reports Third Quarter 2023 Results
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the third quarter ended September 30, 2023. AIG Chairman & Chief Executive Officer Peter ...
AIG Completes Sale of Validus Re to RenaissanceRe
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that is has successfully completed the previously announced sale of Validus Re to RenaissanceRe. AIG received ...
Chartmaster says insurance stocks primed for breakout
Carter Worth, Worth Charting, joins ‘Fast Money' traders to discuss the next step in insurance stocks.
AIG Announces Business Leadership Appointments to Drive Next Phase of Profitable Growth
NEW YORK--(BUSINESS WIRE)--American International Group (NYSE: AIG) is pleased to announce that David McElroy, currently Chief Executive Officer, General Insurance, will assume the newly created role ...
AIG to Report Third Quarter 2023 Financial Results on November 1, 2023, and Host Conference Call on November 2
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) will report financial results for the third quarter ended September 30, 2023, after the market closes on Wednesday, November 1...
AIG Appoints Patricia J. Walsh as Executive Vice President and General Counsel
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Patricia (Trish) Walsh will join AIG as Executive Vice President and General Counsel, effective December ...
Advanced Health Intelligence to Play a Pivotal Role in Bearn Collaboration with AIG Insurance
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 ...
Aviva to buy AIG's UK life insurance business for $563 million
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.
AIG Appoints Ed Dandridge as Executive Vice President and Chief Marketing & Communications Officer
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 Off...
Lucy Fato to Assume Role of Vice Chair at AIG
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 C...
AIG to Participate in the 2023 Keefe, Bruyette & Woods Insurance 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 the 2023 Ke...