|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||53.26 - 53.91|
|52 Week Range||49.57 - 67.30|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 2, 2018|
|Forward Dividend & Yield||1.28 (2.38%)|
|1y Target Est||62.93|
Inc. Now his hedge fund is zeroing in on a small Toronto-based gold miner that in April cut its 2018 free cash flow guidance in half. Shares of the company surged Wednesday to their highest level in nearly three months as the sides traded shots, before they pulled back Thursday and Friday. Paulson owns 5.4% of Detour shares and wants the company to formally explore strategic alternatives, including a sale.
Travelers Cos Inc, one of the largest U.S. property insurers, reported a lower-than-expected quarterly profit on Thursday because of costly damage from wind and hail storms that pounded several U.S. regions in recent months, potentially signaling weak results for other insurers. Catastrophe losses, net of reinsurance, rose 21 percent to $488 million in the second quarter, Travelers said on Thursday. U.S. wind and hail storms are typically challenging for U.S. insurers during the quarter, often tearing apart homeowners' roofs and pummeling cars in auto dealership lots, and wreaking other havoc that triggers spates of claims.
American International Group, Inc. (AIG) today announced it has completed its acquisition of Validus Holdings, Ltd. (“Validus”). The transaction, which was first announced on January 22, 2018, closed following receipt of regulatory approvals and approval of Validus shareholders. “We are very pleased to welcome Validus to AIG,” said Brian Duperreault, President and Chief Executive Officer of AIG.
Among the financial institutions that earned public notoriety during the banking crisis of 2007-08, few landed on their feet quite like Goldman Sachs ( GS). Goldman Sachs became a net borrower and an emblem of everything diabolical about high finance. On July 17, 2018, Goldman Sachs named David Solomon as the new chief executive officer (CEO), succeeding Lloyd Blankfein, who has run the company since 2006.
AIG also found that having insufficient retirement funds was among consumers’ most explored – researched, discussed or thought-about – risks. “This research confirms that many people don’t feel fully prepared for the financial ramifications of death, chronic illness or a retirement income shortfall,” said Rod Rishel, Chief Executive Officer, Life Insurance, AIG. “Our Life Insurance business helps consumers mitigate financial risks by offering a wide range of innovative solutions designed to help individuals and their families when they need it most.
For today, WallStEquities.com observes The Hartford Financial Services Group Inc. (NYSE: HIG), Validus Holdings Ltd (NYSE: VR), American International Group Inc. (NYSE: AIG), and AmTrust Financial Services Inc. (NASDAQ: AFSI). Companies in the Property and Casualty Insurance industry sell property insurance (insurance on homes, cars, and businesses) and casualty insurance (liability insurance).
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding AIG totaled $3.41 billion.
AIG Life & Retirement, a division of American International Group, Inc. (AIG), today announced the appointment of Adam Winslow as Chief Executive Officer, International. Mr. Winslow is currently Chief Executive Officer of AIG Life Limited (U.K.), where he has led the business since its acquisition by AIG in 2015. In his new role, Mr. Winslow will continue to lead AIG Life and will now also assume responsibility for Laya Healthcare in Ireland.
American International Group, Inc. (AIG) will report financial results for the second quarter ended June 30, 2018 after the market closes on Thursday, August 2, 2018. American International Group, Inc. (AIG) is a leading global insurance organization. Founded in 1919, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions.
American International Group, Inc. (AIG) announced today that Jamie Miller will join the company as North America Property Chief Underwriting Officer, General Insurance, effective June 25. Mr. Miller will report to Tom Bolt, Chief Underwriting Officer, General Insurance, and to Lex Baugh, CEO of North America General Insurance. Mr. Miller is a seasoned property underwriting executive who brings to AIG more than 35 years of industry expertise and a successful track record leading global teams.
LONDON, UK / ACCESSWIRE / June 22, 2018 / If you want access to our free research report on American International Group, Inc. (NYSE: AIG) ("AIG"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=AIG as the Company's latest news hit the wire. On June 20, 2018, the Company announced that the UK subsidiary of AIG Life & Retirement, AIG Life Ltd ("AIGLL"), has inked a deal to acquire Ellipse, which is a specialist provider of group life risk protection in the UK, from Munich Re.
A.M. Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of American International Group, Inc. (AIG) (headquartered in New York, NY) [NYSE: AIG] and the Financial Strength Ratings (FSR) and Long-Term ICRs of its insurance subsidiaries. The outlook of these Credit Ratings (ratings) is stable. AIG’s consolidated risk-adjusted capitalization remains at the strongest level and is supported by its favorable liquidity and financial flexibility.
American International Group, Inc. (AIG) and Munich Re announced today that AIG Life Ltd. (AIGLL), a UK subsidiary of AIG Life & Retirement, has agreed to acquire Ellipse, a specialist provider of group life risk protection in the UK, from Munich Re. Ellipse’s group protection capabilities, which include life, critical illness and income protection products, along with its technology-enabled business model with high levels of straight through processing, will position AIGLL to efficiently manage group risk schemes for companies of all sizes. Kevin Hogan, Executive Vice President and Chief Executive Officer, AIG Life & Retirement, said, “The acquisition of Ellipse reflects our disciplined approach to selectively expanding our existing Life & Retirement businesses while pursuing opportunistic growth.
AIG Life & Retirement, a division of American International Group, Inc. today announced its participation in World Elder Abuse Awareness Day, an annual day to advocate for those whose vulnerable voices are often left unheard.
On Thursday, shares in Mayfield Village, Ohio headquartered The Progressive Corp. recorded a trading volume of 3.25 million shares, which was above their three months average volume of 3.15 million shares. The stock ended the session 1.01% lower at $61.89.
AIG (AIG) today announced it is a founding member of the Board of Directors for the Alliance for Lifetime Income (Alliance), a new industry coalition of 24 leading financial services organizations whose goal is to educate Americans about the importance of protected lifetime income solutions and empower them to take action. This initiative aligns with AIG’s longstanding commitment to help people protect the future they envision by further raising awareness of the critical role that protected lifetime income from annuities can play within an individual’s overall retirement portfolio. “As a nation, we have vastly expanded 401(k)s and other retirement accumulation vehicles, but have not tackled the looming issue of securing retirement income,” said Jana Greer, President and CEO, Retirement.
American International Group, Inc. (AIG) today announced that in accordance with the terms of the outstanding warrants (CUSIP number 026874156) (the “Warrants”) to purchase shares of AIG Common Stock, par value $2.50 per share, the Warrant exercise price will be reduced to $43.6911 per share from $43.8498 per share and the number of shares of AIG Common Stock receivable upon Warrant exercise will increase to 1.031 from 1.027. Each of these adjustments will be effective at the close of business on June 14, 2018. Any Warrant exercised on or prior to June 14, 2018 will not be entitled to these adjustments.
Trinity Capital Advisors will begin speculative development on Toringdon 7, an eight-story, 198,195-square-foot office building that's part of a six-building office park off Interstate 485, between Johnston and Community House roads.