|Bid||54.98 x 100|
|Ask||56.21 x 100|
|Day's Range||54.85 - 55.56|
|52 Week Range||52.42 - 67.30|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 2, 2018|
|Forward Dividend & Yield||1.28 (2.40%)|
|1y Target Est||67.57|
If you are looking to invest in American International Group Inc’s (NYSE:AIG), or currently own the stock, then you need to understand its beta in order to understand how itRead More...
Voya Financial Inc (NYSE: VOYA )’s organic growth is driving return on equity improvements, while a capital-light business mix and reasonable valuation could make it a M&A target, according to Credit Suisse. ...
Prudential Financial’s (PRU) 4Q17 results were boosted by the Tax Cuts and Jobs Act. During the quarter, it had EPS (earnings per share) of $2.69, while peers (XLF) MetLife (MET), American International Group (AIG), and The Hartford (HIG) had EPS of $0.64, $0.57, and $0.81, respectively.
American International Group, Inc. today announced that it will redeem all of its outstanding 8.000% Series A-7 Junior Subordinated Debentures due May 22, 2038 (ISIN No.
Prudential Financial’s (PRU) individual annuities segment’s adjusted operating income rose by $119 million to $541 million in 4Q17 from $422 million in 4Q16. However, this amount includes the impact of significant items. If this impact is excluded, its operating income rose $103 million, boosted by policy fees.
Prudential Financial (PRU) has a positive outlook for its 2017 results. Wall Street analysts’ high and low EPS (earnings per share) estimates for Prudential are $3.10 and $2.61, respectively, for 1Q18. Their average estimate of $2.97 implies a quarter-over-quarter and year-over-year rise. In comparison, peers (XLF) American International Group (AIG), MetLife (MET), and The Hartford (HIG) are expected to post EPS of $1.28, $1.17, and $1.09, respectively, in the March 2018 quarter.
The insurer currently writes business in Europe from UK-based insurance company AIG Europe Ltd, and has branches across the European Economic Area and Switzerland. AIG said it would transfer AIG Europe Ltd's existing insurance business to the UK and Luxembourg units.
American International Group Inc said it has formed two new entities in Luxembourg and the UK to ensure little disruption to the company's insurance coverage in Europe when Britain exits the European Union. The insurer currently writes business in Europe from UK-based insurance company AIG Europe Ltd, and has branches across the European Economic Area and Switzerland.
American International Group, Inc. (AIG) today announced the authorisation of new insurance companies in the United Kingdom (UK) and Luxembourg that will see all business transferred to the new entities ahead of the UK leaving the European Union (EU). This provides clients certainty of uninterrupted UK and European insurance coverage as part of AIG’s planned restructure of its European business. AIG Europe Limited began active preparation to be Brexit-resilient in 2015, and has taken a leadership position in the industry with its Brexit restructuring plans.
The Trump administration has initiated a trade war with its allies and China by levying duties on imported goods in order to protest unfair trade practices. President Donald Trump has indicated that he will prolong the war until China opens up to the import of goods and services and doesn’t resort to controlled currency strategy in order to boost exports. In the initial round of levying duties, China has countered the United States with 25% import duties.
As the broad markets (SPY) fell from their peaks in January 2018, analysts reviewed their price targets. Among major conglomerates and managers (XLF), Berkshire Hathaway (BRK.B) has a next-12-month price target of $349,000, implying a potential rise of 19.0% from its current price. Three out of five analysts have given Berkshire “buy” ratings, and the remaining two have given it “hold” ratings.
The Zacks Analyst Blog Highlights: General Dynamics, Verizon Communications, American International Group, Humana and eBay
In this article, I’m going to take a look at American International Group Inc’s (NYSE:AIG) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subjectRead More...
American International Group, Inc. will provide a live webcast of the 2018 Annual Meeting of Shareholders on Wednesday, May 9, 2018, starting at 11:00 a.m. EDT. The webcast will be available in the Investors section of AIG’s website, http://www.aig.com.
American International Group, Inc. today announced that Anthony Vidovich will join the company as Chief Claims Officer, General Insurance, effective May 14, 2018.
The insurance sector (IYF) has seen underwriting losses in 2H17 mainly due to higher claims resulting from hurricanes and other calamities. This has led to higher insurance revenues for many companies, including Berkshire Hathaway (BRK.B). Underwriting losses will largely depend upon claims arising in the upcoming quarters.
In 1Q18, Berkshire Hathaway (BRK.B) is expected to post EPS (earnings per share) of $3,115, a rise of 44% on a YoY (year-over-year) basis aided by lower taxes, targeted efficiencies in BNSF, and an expected decline in claims from its insurance business. Berkshire is expected to see a 9.9% fall in its top line to $58.7 billion in 1Q18 due to subdued growth in underwriting fees and the services sector. In 4Q17, Berkshire posted EPS of $2,029, which were affected by underwriting losses and the subdued performance of its energy subsidiary.
NEW YORK, April 12, 2018 /PRNewswire/ -- American International Group, Inc. (AIG) and Ernst & Young LLP (EY) announced a new, innovative global tax compliance and technology operating agreement that involves a combination of managed tax services and the transfer of select AIG employees to EY. In this arrangement, members of AIG's global tax compliance and tax technology teams integrated into EY's tax technology and direct and indirect tax compliance practices at the U.S. federal, state, local and global levels — allowing AIG to leverage EY's managed tax services and technology backbone, while focusing the company's internal tax team on more strategic initiatives.
Hartford Financial's (HIG) efforts to check cyber threats are likely to bring improvement to the company's operating efficiency.
A decade ago, Delta and Northwest struck a deal to merge, setting off a decade of consolidation in the industry.
As it is more difficult for US insurers to grow organically, mid-cap insurers are joining forces to grab market share.