QUOTE AND NEWS
Insurance Journal  Jan 28  Comment 
Berkshire Hathaway Inc.’s commercial insurance unit is expanding into Canada as it seeks to win over new clients by offering bigger coverage limits than competitors. The unit, Berkshire Hathaway Specialty Insurance, said it hired Darryl DeSouza...
Market Intelligence Center  Jan 27  Comment 
Monday’s trading in American International Group Inc (AIG) gives options traders an opportunity for a 2.46% return. By selling the Mar. '15 $50.00 call and buying the Jan. '16 call at the $30.00 level for a net debit of $19.52, traders will book...
The Hindu Business Line  Jan 21  Comment 
Insurer provides tailor-made cover for anything and everything of value
Market Intelligence Center  Jan 20  Comment 
American International Group Inc (AIG) is an excellent choice for either a diagonal spread or a covered call expiring in Mar. '15 at the $50.00 level according to MarketIntelligenceCenter.com’s patented algorithms. A covered call on American...
Insurance Journal  Jan 20  Comment 
Glatfelter Healthcare Practice (GHP), an insurance program serving senior living facilities, home health care and other private homecare agencies, has expanded its program coverage with a new carrier, AIG. The package policy includes many enhanced...
Reuters  Jan 19  Comment 
The head of aircraft leasing firm AerCap declined on Monday to be drawn on whether it might buy back stock that could come on the market from its leading shareholder, but stressed...
Jutia Group  Jan 19  Comment 
[Reuters] - The head of aircraft leasing firm AerCap declined on Monday to be drawn on whether it might buy back stock that could come on the market from its leading shareholder, but stressed it would act in the interests of its investors. U.S....




 

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