QUOTE AND NEWS
Mondo Visione  Jul 13  Comment 
I would like to thank the staff for their hard work in bringing this recommendation to the Commission, including John Roeser, Michael Gaw, Sara Albertson, Yvonne Fraticelli, Kathleen Gross, David Michehl, Geoffrey Pemble, Hari Phatak, Y.C. Loon,...
Insurance Journal  Jul 12  Comment 
Aspen Insurance announced the appointment of Nicky Alexandru as head of U.S. Crisis Management. Alexandru will develop a U.S. product contamination/recall capability, which will be a new Crisis Management line of business for Aspen in the U.S. He...
Benzinga  Jul 11  Comment 
Analysts at BMO Capital Markets made several changes to their price targets and ratings of insurance companies. Chubb Downgraded To Market Perform Charles Sebaski of BMO Capital Markets downgraded shares of Chubb Ltd (NYSE: CB) to Market...
Forbes  Jul 7  Comment 
Investors in American International Group Inc (NYSE: AIG) saw new options begin trading today, for the August 26th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AIG options chain for the new August 26th...
Insurance Journal  Jul 6  Comment 
American International Group hopes an executive who helped bring Apple Pay and a number of mobile banking apps to JPMorgan Chase & Co. can help it generate similar digital customer service advances. Michael Lewis has taken on the job of …
Insurance Journal  Jul 6  Comment 
Katja Zigerlig has joined Hub Northeast as senior vice president, Fine Arts and Special Risks Group, responsible for developing business with collectors, museums, dealers and estates. Zigerlig will be based in the New York City office. Most...
Forbes  Jun 30  Comment 
Investors in American International Group Inc (NYSE: AIG) saw new options begin trading today, for the August 12th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AIG options chain for the new August 12th...
SeekingAlpha  Jun 30  Comment 
Benzinga  Jun 30  Comment 
Insurance Journal  Jun 28  Comment 
Brian Inselberg has joined Starr Companies as senior vice president, Financial Lines. He will have overall responsibility for the growth and profitability of the portfolio as well as the leadership of the financial lines underwriting team....




 

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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