QUOTE AND NEWS
Insurance Journal  Apr 24  Comment 
The frequency of insurance claims surrounding mergers and acquisitions (M&As) is rising as large deals prove risky and the average payout on the most severe category of claims tops $20 million, according to an American International Group, Inc....
Motley Fool  Apr 23  Comment 
Three Fools see compelling upside potential at these unloved companies.
Channel News Asia  Apr 21  Comment 
American International Group Inc is considering former company veteran Brian Duperreault, who heads Hamilton Insurance Group, as its new chief executive, CNBC said, citing a media report.
Yahoo  Apr 20  Comment 
American International Group Inc is considering former company veteran Brian Duperreault, who heads Hamilton Insurance Group, as its new chief executive, CNBC said, citing a media report. Former CEO Peter ...
MarketWatch  Apr 20  Comment 
The number and size of insurance claims against mergers and acquisitions is on the rise, underscoring the risk companies can take when negotiating deals. Insurer American International Group Inc. said a study of M&A claims filed between 2011 and...
Insurance Journal  Apr 17  Comment 
Billionaire John Paulson is planning to step down from American International Group Inc.’s board after his hedge fund sold shares in the insurer, according to a person familiar with the plan. The move is expected to be announced in the …
Insurance Journal  Apr 17  Comment 
American International Group Inc.’s board of directors declined to award Chief Executive Officer Peter Hancock a cash bonus for his work last year, after the company’s dismal financial performance roiled shareholders, according to a proxy...
Yahoo  Apr 13  Comment 
The insurance company's board has also re-nominated Samuel Merksamer, who represents billionaire Carl Icahn, to serve on the board for another term. Merksamer, who exited the activist investor's firm, Icahn Capital, a unit of Icahn Enterprises LP,...




 

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