QUOTE AND NEWS
SeekingAlpha  Aug 7  Comment 
By Team Money Research: In this article, we are focusing on the strengths and weaknesses of American International Group (NYSE:AIG), as well as comparing it to Chubb (NYSE:CB). Although the two companies are of very different sizes, with AIG...
SeekingAlpha  Aug 7  Comment 
Editor's note: Originally published on July 14, 2014 Pimco is putting all their chips on the table, betting that low interest rates, along with lower and more stable global growth, will last for the next 3 to 5 years; an economic condition it is...
SeekingAlpha  Aug 6  Comment 
By Achilles Research: American International Group (NYSE:AIG) presented top second quarter results on Monday, which highlighted continued progress at the insurance company. Though AIG's stock price has been trading weakly in the last week as a...
SeekingAlpha  Aug 6  Comment 
By Balanced Investing: The earnings release season is at its peak and many companies continue to report the results of their efforts. Positive earnings surprise and negative earnings surprise are the most common terms being used these days....
Forbes  Aug 6  Comment 
AIG reported net income of $3.1 billion for the quarter, a 14% year-over-year increase on the back of strong performance in the property and casualty (P&C) and life and retirement businesses. The net income also included a $1.4 billion after-tax...
Forbes  Aug 6  Comment 
it’s important to insure against what you cannot afford to have happen and a waste of money, time and effort to insure against anything more
StreetInsider.com  Aug 6  Comment 
* Walgreens (NYSE: WAG) said it has exercised its option to complete the second step of its strategic transaction with Alliance Boots GmbH ahead of the original option period, which was between February and August 2015. The transaction, subject...
Jutia Group  Aug 6  Comment 
[at noodls] - NEW YORK--(BUSINESS WIRE)--Aug. 6, 2014-- American International Group, Inc. (NYSE:AIG) today announced that it has agreed to acquire Ageas Protect Limited from Ageas Group, the Belgium-based international ... Read more on this. ...
newratings.com  Aug 6  Comment 
NEW YORK CITY (dpa-AFX) - American International Group, Inc. (AIG) Monday said it will buy Ageas Protect Ltd. from the Belgium-based international insurer Ageas Group (AGESY.PK), for 181 million pounds or nearly $305 million. The acquisition is...
SeekingAlpha  Aug 5  Comment 
By Seeking Profits: After the bell on Monday, the American International Group (NYSE:AIG) reported its second quarter results. These results have significant symbolic implications because this is the final full quarter under the watch of CEO...




 

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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