AIG - American International Group, Inc.
| Previous Close | 42.69 |
| Open | 42.40 |
| Bid | 42.94 x 1300 |
| Ask | 0.00 x 800 |
| Day's Range | 42.32 - 43.36 |
| 52 Week Range | 39.29 - 65.05 |
| Volume | 9,154,693 |
| Avg. Volume | 6,287,281 |
| Market Cap | 37.987B |
| Beta (3Y Monthly) | 1.55 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -7.20 |
| Earnings Date | Feb 6, 2019 - Feb 11, 2019 |
| Forward Dividend & Yield | 1.28 (2.89%) |
| Ex-Dividend Date | 2018-12-11 |
| 1y Target Est | 55.80 |
- Zacks•3 days ago
Can Property & Casualty Insurers Overcome Wildfire Woes?
Camp Fire in Butte County, CA is said to be the deadliest wildfire in history. This is expected to take a toll on insurers in the fourth quarter.
- Thomson Reuters StreetEvents•3 days ago
Edited Transcript of AIG earnings conference call or presentation 1-Nov-18 12:00pm GMT
Q3 2018 American International Group Inc Earnings Call
- Reuters•4 days ago
Global regulators hold off designating 'too big to fail' insurers
Global insurance regulators will put off singling out insurers deemed so important to the financial system that they are required to hold extra capital, in a victory for companies such as American International Group and Prudential. The International Association of Insurance Supervisors (IAIS) said it wants to replace the list of "too big to fail" insurers, last published in 2016, with a broader framework from 2020. In the aftermath of the global financial crisis, regulators identified nine systemically important insurers which then face onerous bank-like capital rules to cover potential losses, increasing costs and potentially reducing shareholder returns.
- Reuters•4 days ago
Global regulators hold off designating 'too big to fail' insurers
Global insurance regulators will put off singling out insurers deemed so important to the financial system that they are required to hold extra capital, in a victory for companies such as American International Group and Prudential. The International Association of Insurance Supervisors (IAIS) said it wants to replace the list of "too big to fail" insurers, last published in 2016, with a broader framework from 2020. In the aftermath of the global financial crisis, regulators identified nine systemically important insurers which then face onerous bank-like capital rules to cover potential losses, increasing costs and potentially reducing shareholder returns.
- Business Wire•5 days ago
AIG and The Carlyle Group Announce Completion of Carlyle’s 19.9 Percent Investment in Fortitude Re
Fortitude Re Launches Brand
- Business Wire•6 days ago
Validus Holdings, Ltd. Issues Notices of Redemption of Junior Subordinated Notes
American International Group, Inc. today announced that Validus Holdings, Ltd. , an AIG company, will redeem all of Validus’ outstanding Junior Subordinated Deferrable Interest Debentures due June 15, 2036 issued pursuant to the Junior Subordinated Indenture dated as of June 15, 2006, as supplemented, between Validus, as issuer, and The Bank of New York Mellon, as trustee ; and Junior Subordinated ...
- Business Wire•6 days ago
Validus Reinsurance, Ltd. Issues Notices of Redemption of Junior Subordinated Notes
American International Group, Inc. today announced that Validus Reinsurance, Ltd. , an AIG company, will redeem all of Validus Reinsurance’s outstanding Floating Rate Deferrable Interest Subordinated Notes due September 15, 2036 issued pursuant to the Junior Subordinated Indenture dated as of August 23, 2006, as supplemented from time to time, between Validus Reinsurance, as issuer, and The Bank of ...
Markit•6 days agoSee what the IHS Markit Score report has to say about American International Group Inc.
American International Group Inc NYSE:AIG
- Bloomberg•6 days ago
AIG, Chubb Dispatch Wildfire Crews as California Blazes Spread
For insurers that could mean several billion dollars in losses, RBC Capital Markets analyst Mark Dwelle told clients in a note on Monday. Last year, 1.24 million acres burned across the state, generating $16 billion in costs for insurers covering homes and farms, or almost quadruple the amount in 2016, according to ratings firm A.M. Best. Insurers are hoping to reduce potential damage from the Camp Fire in the northern part of that state and the Woolsey Fire, which is spreading around parts of suburban Los Angeles.
- TheStreet.com•6 days ago
American International Group Is Looking Vulnerable to Further Weakness
In this daily bar chart of AIG, below, we can see that prices are below the declining 50-day average line and the declining 200-day line. The On-Balance-Volume (OBV) line was weak from early August into late October. A weak OBV line comes from more aggressive selling.
- Reuters•9 days ago
U.S. regulator told AIG to improve reinsurance disclosures
The U.S. Securities and Exchange Commission told American International Group Inc to improve disclosures about its use of reinsurance to mitigate losses in its property and casualty unit, according to correspondence made public on Friday. After reviewing AIG's 2017 annual filing, SEC staff asked the insurer to add information that includes details about the amount of reinsurance it receives from a pact with Warren Buffett's Berkshire Hathaway Inc.
- Yahoo Finance•9 days ago
Bernanke: Fed needs greater 'lender of last resort' authority
Ben Bernanke said that 10 years after the crisis, he sees a need for the Fed to have more "lender of last resort" powers to address systemic issues outside of the banking industry.
Markit•11 days agoSee what the IHS Markit Score report has to say about American International Group Inc.
American International Group Inc NYSE:AIG
- Insider Monkey•11 days ago
Is T MOBILE US INC (NYSE:TMUS) A Good Stock To Buy?
In October the Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by about 4 percentage points as investors worried over the possible ramifications of rising interest rates. The hedge funds and institutional investors we track typically invest more in smaller-cap stocks than an average investor (i.e. only 298 S&P 500 constituents were […]
- The Wall Street Journal•11 days ago
[$$] Travel Mistakes That Can Land You in the Hospital
Smart travelers do dumb things. “What generally gets people in trouble is overestimating their abilities and underestimating their risk,” says Tim Daniel, senior advisor for innovation and business strategy at International SOS, a travel-security firm. Vishal Bhatnagar/NurPhoto/ Tourists take a selfie at a temple in India. Mr. Daniel believes that this flawed judgment—known as cognitive bias—leads even the savviest of travelers astray in many situations.
- Business Wire•11 days ago
VALIC Continues Digital Transformation with Revamped, Easy to Use Platform for Plan Sponsors
VALIC, an AIG company (AIG) and a leading group retirement plan provider, has launched SponsorFITSM, an innovative web-based tool for plan sponsors and part of the VALIC.com experience. SponsorFIT is designed to help plan sponsors monitor and improve plan health, as well as simplify plan administration, allowing them to better support plan participants. “SponsorFIT is not only about creating digital tools, but creating cohesive, personalized digital experiences for our plan sponsors,” said Robert Scheinerman, president, Group Retirement, AIG Life & Retirement.
- Business Wire•12 days ago
AIG Announces Closing of Glatfelter Acquisition
American International Group, Inc. (AIG) today announced it has completed its acquisition of Glatfelter Insurance Group (“Glatfelter”). As part of AIG, Glatfelter brings a high-quality specialty programs business, a demonstrated track record of strong underwriting results and proprietary program management technology that is expected to accelerate the strategic positioning of AIG’s General Insurance business. “Glatfelter’s strong underwriting culture and deeply experienced management team with expertise in North American programs will help us deliver sustainable, profitable growth as we continue to build value for our stakeholders,” said Brian Duperreault, President and Chief Executive Officer of AIG.
- Reuters•12 days ago
AIG unit to exit Iran-related insurance - filing
Validus Holdings Ltd, a Bermuda-based reinsurer that AIG acquired for $5.56 billion in July, is winding down insurance coverage it provides to shipping companies that transport cargo to and from Iran, according to an AIG filing on Nov. 2. The cargo includes crude oil shipped from Iran and refined petroleum products shipped to Iran, according to the filing.
- Reuters•12 days ago
AIG unit to exit Iran-related insurance -filing
American International Group Inc is exiting business activities in Iran that came with a subsidiary it acquired and which now butt up against the sanctions against Iran that have been reimposed by the Trump administration, according to a filing. Validus Holdings Ltd, a Bermuda-based reinsurer that AIG acquired for $5.56 billion in July, is winding down insurance coverage it provides to shipping companies that transport cargo to and from Iran, according to an AIG filing on Nov. 2. The cargo includes crude oil shipped from Iran and refined petroleum products shipped to Iran, according to the filing.
Markit•13 days agoSee what the IHS Markit Score report has to say about American International Group Inc.
American International Group Inc NYSE:AIG
- GlobeNewswire•13 days ago
Consolidated Research: 2018 Summary Expectations for Builders FirstSource, American International Group, CNO Financial Group, Carter's, Parsley Energy, and Santander Consumer — Fundamental Analysis, Key Performance Indications
NEW YORK, Nov. 06, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- Reuters•14 days ago
EU watchdog signals no Brexit action by EU needed for insurance contracts
There is no threat to European Union financial stability from insurers in Britain and Gibraltar that have yet to shift contracts with EU customers to the bloc in case of a hard Brexit, an EU watchdog said on Monday. The European Insurance and Occupational Pensions Authority (EIOPA) said the biggest insurers in Britain and Gibraltar are shifting nearly 30 million contracts with European Economic Area (EEA) customers to ensure "continuity" in case Britain crashes out of the EU without a withdrawal deal next March.
Markit•17 days agoSee what the IHS Markit Score report has to say about American International Group Inc.
American International Group Inc NYSE:AIG
Motley Fool•18 days agoAmerican International Group Inc (AIG) Q3 2018 Earnings Conference Call Transcript
AIG earnings call for the period ending September 30, 2018.
- Bloomberg•18 days ago
AIG Rises by Most Since 2011 as CEO Points to Turnaround Signs
American International Group Inc. shares surged as much as 8.1 percent on Thursday, the biggest increase in almost seven years, as the insurer showed improvement in a key metric for Chief Executive Officer Duperreault’s turnaround strategy. The change was one of the biggest positives in AIG’s third-quarter results, Wells Fargo & Co. analyst Elyse Greenspan said Wednesday in a note to clients.
