QUOTE AND NEWS
Market Intelligence Center  Sep 25  Comment 
American International Group Inc (AIG) is an excellent choice for either a diagonal spread or a covered call expiring in Feb. '15 at the $52.50 level according to MarketIntelligenceCenter.com’s patented algorithms.A covered call on American...
Clusterstock  Sep 24  Comment 
(Reuters) - Warren Buffett's Berkshire Hathaway Inc isn't AIG's biggest competitor and AIG handles all its rivals in a very effective way, former AIG Chief Executive Robert Benmosche told Bloomberg TV. "I think his last ten years is not as...
Insurance Journal  Sep 24  Comment 
Robert Benmosche, who led American International Group Inc. for half a decade, said an emerging challenge from Warren Buffett’s Berkshire Hathaway Inc. hasn’t amounted to much so far. Buffett’s firm recruited AIG executives beginning last...
Insurance Journal  Sep 23  Comment 
Berkshire Hathaway Specialty Insurance (BHSI) said it is entering the fidelity and crime insurance market, and has named Brian O’Neill to lead the effort. O’Neill joins BHSI with 30 years of fidelity and crime underwriting and underwriting...
Market Intelligence Center  Sep 22  Comment 
MarketIntelligenceCenter.com’s patented algorithms have chosen the Nov. '14 $55.00 call for a couple of hedged-trading ideas on American International Group Inc (AIG). A traditional covered call on American International Group yields 2.92%...
Insurance Journal  Sep 19  Comment 
American International Group Inc. named Kevin Hogan to lead its main life insurance business, putting him in charge of offerings for individuals, as new Chief Executive Officer Peter Hancock shakes up management. Hogan takes on the duties from...
TheStreet.com  Sep 19  Comment 
NEW YORK (TheStreet) - Twitter a chatter was abuzz on Thursday,aabuzz after three CEOs of major public companies -- Oracle , Clorox , JetBlue and the possible CEO successor at AIG -- all announced departures.a The first came from Oracle...




 

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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