|Bid||52.39 x 900|
|Ask||54.34 x 1200|
|Day's Range||52.86 - 53.55|
|52 Week Range||36.16 - 56.36|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||1.28 (2.40%)|
|1y Target Est||56.06|
American International Group Inc NYSE:AIGView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for AIG with fewer than 5% of shares on loan. 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. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding AIG are favorable, with net inflows of $8.71 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. AIG credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Every fund investor would like to see the manager of the actively managed funds that they own beat the market every year, but they've been left wanting for well over a decade. The lack of consistent outperformance on the part of large-cap active managers (the main contributors to the Ultimate Stock-Pickers concept) has been well documented by the S&P Indices Versus Active Funds (SPIVA) U.S. Scorecard. While five-year results have been poor for active management, there are some recent bright spots, particularly in large-cap value.
AIG Life & Retirement, a division of American International Group, Inc. , today announced new enhancements for select Polaris Variable Annuities designed to provide policyholders with greater flexibility, personalization and control for these retirement accumulation and income solutions.
Radian Group (RDN) raised the size of the senior notes offering to $450 million from $350 million announced earlier and priced the same at a coupon rate of 4.875% per year.
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 $43.1179 per share from $43.2776 per share and the number of shares of AIG Common Stock receivable upon Warrant exercise will increase to 1.045 from 1.041. Each of these adjustments will be effective at the close of business on June 14, 2019. Any Warrant exercised on or prior to June 14, 2019 will not be entitled to these adjustments.
Investors seeking financial stocks that can outperform amid the market's crosscurrents in 2019 might consider eight financial services companies in industries such as exchanges, property insurance, alternative asset management, and mortgages. While banks are currently rebounding in the latest rally, their profits are likely to be pressured by an inverted yield curve that will squeeze earnings.
The Zacks Analyst Blog Highlights: American International, Arconic, Hasbro, Illumina and Jefferies
Bigger M&A deals tend to lead to more insurance claims, data from AIG showed on Wednesday. M&A insurance, also known as warranty and indemnity cover, has been a booming market over the past few years, as buyers and sellers seek protection against the chance that problems arise after the deal closes. The main causes of claims on this type of insurance are problems with financial statements, tax, and compliance with laws.
Is American International Group Inc (NYSE:AIG) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before doing days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The […]
(Bloomberg Opinion) -- Don’t let the rise of passive investing obscure the fundamental advantages of diversification. In our Masters in Business interview, Sharon French explains why active and passive approaches can complement each other in a portfolio.French will soon take the reins at American International Group Inc.’s life and retirement funds business, which manages more than $85 billion in assets. In her last job, she was director of beta solutions at Invesco Advisers Inc.'s Oppenheimer Funds, and ran the environmental, social and government effort there as well. Her approach is to use exchange-traded funds to create a portfolio that is anchored in low-cost, passive indexes. But at the same time, it employs other approaches ranging from fundamental weighted to quantitative analytics. This style diversification should lead to more balanced volatility and better risk-adjusted returns.French has spent the better part of her career on the ETF side, focusing primarily on enhanced indexes, which cover a full spectrum of noncapitalization-weighted indexes. She also worked at BlackRock Inc. as the head of private client and institutional sales.She is president of the Global Governance Committee for Women in ETFs and a member of the Investment Company Institute’s ETF governance committee.Her favorite books are here; a transcript of our conversation is here.You can stream/download the full conversation, including the podcast extras on Apple iTunes, Bloomberg, Overcast and Stitcher. All of our earlier podcasts on your favorite host sites can be found here.Next week we speak with Jonathan Stein, co-founder and chief executive officer of robo-adviser Betterment LLC,To contact the author of this story: Barry Ritholtz at firstname.lastname@example.orgTo contact the editor responsible for this story: James Greiff at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Barry Ritholtz is a Bloomberg Opinion columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He is the author of “Bailout Nation.”For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Here we take a look at whether MET or AIG is better poised in the multi-line insurance industry, which is benefiting from rate increase, business diversification and product innovation.
Ever since the collapse of infrastructure financier-operator IL&FS Group in September, an event I termed India’s mini-Lehman moment, the funding woes of the country’s nonbank lenders – those that operate without state-guaranteed deposits or access to central-bank liquidity – have kept worsening. The latest casualty is Dewan Housing Finance Corp., which missed payments due June 4 and had its short-term credit rating cut to default at the local affiliate of S&P Global Ratings. The Reserve Bank of India could establish special-purpose vehicles akin to the Federal Reserve’s Maiden Lane instruments(1) created to rescue Bear Stearns Cos. and American International Group Inc., or AIG.
American International Group, Inc. (AIG) today announced that John Cusano has been appointed Chief Business & Technology Operations Officer, General Insurance, effective July 1, 2019. In this new leadership role, Mr. Cusano will be responsible for enhancing General Insurance’s business and technology operations infrastructure as well as aligning end-to-end processes with established target operating models. Mr. Cusano’s global portfolio includes General Insurance’s Shared Services, Information Technology, Project Management Office and Vendor Management operations.
American International Group Inc Chief Executive Officer Brian Duperreault said on Thursday the insurer is reaching out to shareholders, per its usual custom, who last month gave his $21 million compensation only narrow approval. Asked to comment on the recent nonbinding vote by shareholders to approve his compensation package, Duperrault said, "I have to earn my living." He added, "As the performance improves, then we’ll see how the vote is next year." He spoke on the sidelines of an S&P Global Ratings insurance conference in New York. The nonbinding resolution to endorse the firm’s executive compensation received support from just 55% of votes cast, according to a May 21 securities filing by the company.
The Hartford (HIG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
American International Group, Inc. today announced leadership appointments that strengthen its Global Chief Underwriting Office by adding seasoned underwriters with deep expertise in global property and casualty underwriting.