QUOTE AND NEWS
Insurance Journal  6 hrs ago  Comment 
Indonesia’s Islamic insurance industry is expanding three times as fast as Malaysia’s, prompting American International Group Inc. and Sun Life Financial Inc. to seek a broader presence in the nation. AIG is considering offering...
Insurance Journal  Mar 11  Comment 
Missouri insurance regulators announced a $1.2 million settlement agreement with nine AIG affiliated insurance companies after a market conduct examination into their handling of workers’ compensation insurance. During the course of the...
Forbes  Mar 9  Comment 
When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 3,994 13F filings for the 12/31/2014 reporting period, and noticed that American International Group Inc (NYSE: AIG) was held...
Forbes  Mar 6  Comment 
Looking at the universe of stocks we cover at Dividend Channel, on 3/10/15, Medical Properties Trust Inc (NYSE: MPW), American International Group Inc (NYSE: AIG), and Cigna Corp (NYSE: CI) will all trade ex-dividend for their respective upcoming...
Insurance Journal  Mar 4  Comment 
The MENA Insurance CEO Club (MICC), an exclusive industry group that supports the insurance industry in the region, announced that Michael Jensen, Managing Director, MENA with AIG and Brian Reilly, CEO of Zurich Insurance Middle East have joined...
Yahoo  Mar 3  Comment 
A $4 billion tie-up between former subprime lending units of two firms that were at the center of the financial crisis shows there's still big business in providing loans to less-than-stellar borrowers.
Insurance Journal  Mar 2  Comment 
Steve Miller called him tenacious. Steve Kandarian remembered his fighting spirit. As Maurice “Hank” Greenberg put it, Robert Benmosche, who died Friday at 70 after leading two of the biggest U.S. insurers, “was a fighter.” “If he had a...
Financial Times  Feb 28  Comment 
Robert Benmosche, who led insurer’s restructuring, dies aged 70




 

After its excessive risk-taking necessitated a dramatic bailout from the federal government, AIG is finally poised to be returned to common shareholders. Though still a major presence in property-casualty and life insurance, the new AIG will be a smaller insurance organization, having shed a good deal of its global growth potential. AIG has no economic moat, in our opinion, and the onetime insurance leader will have a difficult time returning to its former dominant position. AIG is still one of the largest insurance and financial services firms in the world, even after disposing of its Asian insurance subsidiaries. It operates through a wide range of subsidiaries that provide general insurance, life insurance, and other financial services. The government has started selling its shares in 2011, and ownership will eventually be returned to common equity shareholders.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki