QUOTE AND NEWS
Wall Street Journal  Jun 26  Comment 
After partial court win, AIG ex-chief Hank Greenberg says, “We didn’t bring the lawsuit to win half of a victory.”
Market Intelligence Center  Jun 23  Comment 
After closing Monday at $62.58, American International Group Inc (AIG) presents an attractive opportunity to get a 2.85% return in just 59 days, which is an annualized return of 17.61% (for comparison purposes only). To enter this trade, sell one...
Insurance Journal  Jun 22  Comment 
American International Group Inc. announced that Annabelle Bexiga has been named business information officer (BIO) for Commercial Insurance. Effective in August 2015, Bexiga will report to Phil Fasano, chief information officer, and will also...
SeekingAlpha  Jun 20  Comment 
Financial Times  Jun 19  Comment 
Friends say principle and bloody-mindedness drive former AIG head
Insurance Journal  Jun 19  Comment 
A decade-old lawsuit in which New York accused former American International Group Inc. Chief Executive Maurice “Hank” Greenberg of accounting fraud will head to the state’s highest court for a second time, likely delaying for several months...
Wall Street Journal  Jun 18  Comment 
Former AIG Chief Executive Hank Greenberg will appeal not just the parts of a federal court ruling that didn’t go in his favor, but is seeking to revive claims that had been dismissed in 2013, his legal team said.
Benzinga  Jun 18  Comment 
American International Group, Inc. (NYSE: AIG) today commenced cash tender offers for 26 series of debt securities of AIG and one of its subsidiaries, AIG Life Holdings, Inc. The complete terms of the tender offers are set forth in two separate...
Jutia Group  Jun 18  Comment 
[Business Wire] - American International Group, Inc. today commenced cash tender offers for 26 series of debt securities of AIG and one of its subsidiaries, AIG Life Holdings, Inc. The complete terms of the tender offers are set forth in two...




 

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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