AIG : Summary for American International Group, I - Yahoo Finance

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American International Group, Inc. (AIG)

NYSE - NYSE Real Time Price. Currency in USD
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67.00+0.71 (+1.07%)
As of 11:20AM EST. Market open.
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Previous Close66.29
Bid0.00 x
Ask0.00 x
Day's Range66.26 - 67.45
52 Week Range48.41 - 67.47
Avg. Volume6,136,427
Market Cap68.82B
PE Ratio (TTM)-233.45
Earnings DateN/A
Dividend & Yield1.28 (1.93%)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters18 minutes ago

    AIG to pay Buffett's Berkshire about $10 billion in insurance deal

    American International Group Inc (AIG.N) has agreed to pay roughly $10.2 billion to Warren Buffett's Berkshire Hathaway Inc (BRKa.N) to take on many long-term risks on U.S. commercial insurance policies it has already written. The reinsurance transaction covers "long-tail" exposures, which are liabilities that can emerge long after policies are issued, from excess casualty, workers compensation and other AIG policies dating from 2015 and before. Berkshire's National Indemnity Co unit will take on 80 percent of net losses in excess of the first $25 billion, with a maximum liability of $20 billion.

  • The Wall Street Journal2 hours ago

    [$$] AIG Strikes $9.8 Billion Reinsurance Pact with Berkshire Hathaway

    American International Group said it has reached a $9.8 billion reinsurance pact—one of the largest ever such deals—with a unit of Berkshire Hathaway.

  • MarketWatch3 hours ago

    AIG enters reinsurance agreement with Berkshire Hathaway unit

    American International Group Inc. said Friday it has entered an adverse development reinsurance agreement with a unit of Warren Buffett's Berkshire Hathaway Inc. . The agreement, which allows the insured ...