QUOTE AND NEWS
TheStreet.com  May 21  Comment 
NEW YORK ( TheStreet) -- American International Group's   current bull trend, which includes four straight higher monthly lows, began on the first trading day of February. After suffering a deep selloff the prior month, AIG retested the major...
Market Intelligence Center  May 21  Comment 
American International Group Inc (AIG) is a good candidate for a covered call at the $57.50 level. The Aug. '15 call at that price should fetch a credit of about $3.65, which means the entire position has a net debit of about $56.31. This trade...
newratings.com  May 20  Comment 
NEW YORK CITY (dpa-AFX) - American International Group, Inc. (AIG) said it has acquired a controlling stake in ING Employee Benefits Global Network and renamed it AIG Global Benefits Network. Terms of the deal were not disclosed. The...
Benzinga  May 19  Comment 
In a report published Tuesday, BofA Merrill Lynch analysts maintained a Buy rating on American International Group Inc (NYSE: AIG), while raising the price objective from $63 to $65, citing "a higher present value of the deferred tax asset" and a...
Benzinga  May 18  Comment 
In the hedge fund’s latest 13-F filing, Viking Global Investors and founder CEO Ole Andreas Halvorsen disclosed changes to the fund’s holdings that occurred during Q1 of 2015. Here’s a list of some of the moves the fund made to its...
Insurance Journal  May 18  Comment 
Billionaire John Paulson’s hedge fund firm bought a position in American International Group Inc. in the first quarter valued at $800 million at the end of March, in his latest bet on the insurance industry. The New York-based firm purchased...
MarketWatch  May 15  Comment 
Billionaire John Paulson's hedge fund bought more than 14.6 million shares of insurer American International Group in the first quarter, while liquidating its position in Chinese e-commerce giant Alibaba , according to a regulatory filing. Paulson...
Insurance Journal  May 14  Comment 
American International Group Inc. named dealmaker Brian Schreiber chief strategy officer as the insurer shifts to expanding through acquisitions after years of contracting through asset sales to repay a U.S. bailout. Schreiber, 49, will oversee...




 

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.

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