QUOTE AND NEWS
Insurance Journal  7 hrs ago  Comment 
Maurice “Hank” Greenberg, the former chief executive officer of American International Group Inc., said he’s happy with closing arguments in a trial his company has led against the U.S. regarding AIG’s 2008 bailout. “I’m very pleased...
Forbes  May 7  Comment 
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys.
Insurance Journal  May 5  Comment 
As U.S. regulators study how to govern commercial drones, corporate America is plunging ahead on using unmanned aircraft in a bid to speed the process and win concessions on proposed restrictions. Large companies including American International...
Insurance Journal  May 4  Comment 
American International Group Inc., the insurer that received a $182.3 billion bailout, said it would weigh reshaping the company to escape the U.S. government risk tag that brings greater regulatory oversight. “The discussion of the off-ramp...
Jutia Group  May 1  Comment 
[Business Wire] - American International Group, Inc. will provide a live webcast of the 2015 Annual Meeting of Shareholders on Wednesday, May 13, 2015, starting at 11:00 a.m. EDT. The webcast will be available in the Investors section of AIG’s...
Insurance Journal  May 1  Comment 
American International Group Inc.’s reported  good news in its commercial lines business during the first quarter that was partially offset by low interest rates and weak investment returns. AIG on Thursday reported net income increased more...
MarketWatch  May 1  Comment 
Expedia, AIG, Altera, and LinkedIn are among notable movers on Friday.




 

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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