American International Group, Inc. engages in the provision of a range of property casualty insurance, life insurance, retirement products, and other financial services to commercial and individual customers. It operates through the following segments: General Insurance, Life and Retirement and Other Operations. The General Insurance segment consists of insurance businesses in North America and International business areas. The Life and Retirement segment includes Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets. The Other Operations segment covers income from assets held by the company and other corporate subsidiaries. The company was founded by Cornelius Vander Starr in 1919 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

AIG reports solid Q4 earnings, eyes 10% ROE through strategic initiatives

AIG's Q4 2022 performance showcased strong earnings, underwriting improvements, and progress towards ROCE goals.
The company's focus on expense reduction, capital management, and strategic portfolio shaping are key strengths.
Challenges include market trends in casualty pricing and excess D&O, requiring careful monitoring and strategic adjustments.
Opportunities for growth lie in achieving a 10% ROE, leveraging rate increases, and enhancing NII trajectory post-Corebridge separation.

AIG reports strong Q1 earnings, navigates challenges, eyes growth opportunities

AIG's Q1 performance reflects solid financial results, strategic initiatives, and a focus on operational efficiency and risk management.
The company's strengths lie in strong capitalization, efficient expense management, and growth opportunities in key market segments.
Challenges include navigating market dynamics, strategic decisions, and maintaining consistent performance amidst industry pressures.
Opportunities for AIG include leveraging growth prospects, optimizing cost structures, and capitalizing on market trends for sustained profitability.

AIG reports strong Q2 earnings, focuses on strategic growth initiatives

AIG's Q2 2023 earnings reflect a robust financial performance, strategic initiatives to enhance operational efficiency, and a commitment to shareholder value. Despite challenges in certain segments, the company's strong balance sheet and global growth opportunities position it well for future success.

AIG reports exceptional Q3 results, navigates challenges, and eyes growth opportunities

AIG delivered strong Q3 results across its General Insurance and Life and Retirement segments, showcasing positive financial highlights and strategic progress. Challenges in certain segments require focused management, while opportunities exist in expense reduction and capital management strategies. The company's performance reflects a commitment to enhancing profitability and shareholder value.

AIG reports strong Q4 earnings, eyes ROCE goal achievement

AIG's Q4 showcased robust financial results, marked by income growth, improved underwriting, and progress towards strategic goals. While challenges like expense ratios and geopolitical impacts were acknowledged, AIG remains focused on capital efficiency and operational excellence to drive future growth.

AIG reports robust Q1 earnings, eyes growth post-Corebridge deconsolidation

AIG's Q1 2024 earnings call highlighted strong financial performance, commitment to capital management, and strategic focus on growth opportunities. The company aims to deconsolidate Corebridge, reduce share count, and improve underwriting leverage while maintaining a focus on shareholder returns.

AIG reports robust Q3 earnings, focuses on tech-driven growth strategies

AIG's Q3 2024 earnings call highlighted strong financial performance, strategic initiatives to manage volatility, and a focus on enhancing underwriting capabilities through technology. The company aims to achieve a 10% core operating ROE by 2025, emphasizing capital management and sustained underwriting profitability amidst industry challenges.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

American International Group, Inc. is a global insurance organization, which provides property casualty insurance, offering a range of products, including liability, financial lines, property, global specialty, personal lines and accident and health that help businesses, individuals and jurisdictions to protect their assets and manage risks through AIG operations and network partners. It operates through the following segments: General Insurance and Other Operations. The General Insurance segment consists of insurance businesses in North America and International business areas. The Other Operations segment covers income from assets held by the company and other corporate subsidiaries. The company was founded by Cornelius Vander Starr in 1919 and is headquartered in New York, NY.

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Christopher Schaper has been appointed Chief Risk Officer of AIG, effective immediately. Mr. Schaper will continue to report to Peter Zaffino, AIG Chairman & Chief Executive Officer and will continue to serve on AIG's Executive Leadership Team. Mr. Schaper has held the role of Chief Risk Officer on an interim basis since September 2024, while also serving as AIG's Global Chief Underwriting Officer.

AIG Appoints Christopher Schaper Chief Risk Officer

Corebridge Financial Inc

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that the previously announced secondary offering by American International Group, Inc. (NYSE: AIG) of common stock of Corebridge Financial has priced at $31.20 per share. The offering is expected to close on November 12, 2024, subject to customary closing conditions. AIG, as the selling stockholder, has offered 30 million existing shares of common stock (out of approximately 568 million total shares of common stoc.

Corebridge Financial Announces Pricing of Secondary Offering of Common Stock by AIG

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Courtney Leimkuhler, co-founder and Managing Partner of the venture fund, Springbank, has been elected to its Board of Directors as an independent Director, effective November 5, 2024. Ms. Leimkuhler is a highly accomplished executive who previously held positions at Goldman Sachs, NYSE Euronext and MarshMcLennan. Ms. Leimkuhler began her career in investment banking at Goldman Sachs, before spending.

AIG Elects Courtney Leimkuhler to its Board of Directors

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced the launch of a secondary offering of its common stock by American International Group, Inc. (NYSE: AIG). AIG, as the selling stockholder, is offering 30 million existing shares of common stock (out of approximately 568 million total shares of common stock outstanding) of Corebridge Financial and has granted a 30-day option to the underwriters to purchase up to an additional 4.5 million shares. All of the net proc.

Corebridge Financial Announces Launch of Secondary Offering of Common Stock by AIG

Digital Realty Trust

Ryman Hospitality Properties

Sun Life Financial

Williams

On November 4, 2024, the AIG Board of Directors declared a quarterly cash dividend on AIG common stock of $0.40 per share. The dividend is payable on December 30, 2024 to stockholders of record at the close of business on December 16, 2024.

Daily Dividend Report: AIG, Williams, Digital Realty, Ryman, Sun Life

American International Group, Inc. (NYSE:AIG ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Quentin McMillan - VP, MD and Head of IR Peter Zaffino - Chairman and CEO Sabra Purtill - EVP and CFO| Don Bailey - EVP and CEO, North America Insurance Jon Hancock - EVP and CEO, International Insurance Conference Call Participants Meyer Shields - KBW Brian Meredith - UBS Rob Cox - Goldman Sachs Alex Scott - Barclays Elyse Greenspan - Wells Fargo Operator Good day, and welcome to AIG's Third Quarter 2024 Financial Results Conference Call. This conference is being recorded.

American International Group, Inc. (AIG) Q3 2024 Earnings Call Transcript

American International rewards its shareholders with share repurchases worth $1.5 billion in the third quarter.

AIG Delivers Q3 Earnings Surprise on Investment Income Growth

The headline numbers for American International Group (AIG) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, American International Group (AIG) Q3 Earnings: A Look at Key Metrics

American International Group (AIG) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.61 per share a year ago.

American International Group (AIG) Q3 Earnings and Revenues Top Estimates

American International Group sailed past Wall Street estimates for third-quarter profit on Monday as the insurer benefited from strong underwriting and higher returns on investments.

AIG's profit beats estimates on strong underwriting, investment returns

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the third quarter ended September 30, 2024. AIG Chairman & Chief Executive Officer Peter Zaffino said: “AIG delivered excellent third quarter financial results with strong profitability and growth across our businesses highlighting the quality of the underwriting portfolio and our ability to deliver consistent earnings. The adjusted after-tax income per diluted share was $1.23 for.

AIG Reports Excellent Third Quarter 2024 Results

AIG's third-quarter earnings are likely to have been impacted by lower premiums and net investment income.

AIG Stock Ahead of Q3 Earnings: A Smart Buy or Overpriced?

Besides Wall Street's top -and-bottom-line estimates for American International Group (AIG), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

Curious about American International Group (AIG) Q3 Performance? Explore Wall Street Estimates for Key Metrics

American International Group (AIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: American International Group (AIG) Q3 Earnings Expected to Decline

Expedia

General Motors

We look at the companies that return the most cash to shareholders through a combination of stock repurchases and dividends.

GM, Wells Fargo, AIG, Expedia Top List of Companies With High Total Yields

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced plans to consolidate and expand its Atlanta-area footprint with the relocation of its Alpharetta and Buckhead operations to a new innovation hub at 2002 Summit Boulevard Northeast in Brookhaven, Georgia. The Company is designing a collaborative workspace that will accommodate current employees and more than 600 new local hires. AIG is expanding its operations in Atlanta and hiring local talent for various.

AIG to Expand Its Atlanta Footprint with New Innovation Hub and More Than 600 Additional Local Jobs

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it will redeem all of its outstanding Zero Coupon Callable Notes Due 2047 (Common Code 168419864 / ISIN XS1684198648) (the “Notes”) on November 22, 2024 (the “Redemption Date”). On the Redemption Date, AIG will pay to the registered holders of the Notes a redemption price equal to 135.631% of the face amount of the Notes outstanding on such Redemption Date. As of October 21, 2024, $400,000,000 face am.

AIG to Redeem Zero Coupon Callable Notes Due 2047

Albemarle

Deere & Company

Fidelity National Information

General Electric

Microchip Technology

Moderna

Earnings season for most S&P 500 companies is a time to post impressive growth. But a cohort of companies is about to shrink.

Don't Get Caught Holding 7 Stocks About To Shrink 30% Or More

Canadian Pacific Kansas City Limited

Berkshire Hathaway, Canadian Pacific Kansas City, American International and Steel Partners are included in this Analyst Blog.

The Zacks Analyst Blog Berkshire Hathaway, Canadian Pacific Kansas City, American International and Steel Partners

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) will report financial results for the third quarter ended September 30, 2024, after the market closes on Monday, November 4, 2024. AIG's press release and financial supplement will be available in the Investors section of AIG's website at https://www.aig.com. AIG will also host a conference call on Tuesday, November 5, 2024, at 8:30 a.m. ET to review these results. The live, listen-only webcast is open to the public and c.

AIG to Report Third Quarter 2024 Financial Results on November 4, 2024, and Host Conference Call on November 5, 2024

Keith Walsh's deep financial expertise and industry knowledge make him well-equipped to take on the role of CFO at American International.

AIG Makes Leadership Change, Appoints Keith Walsh as New CFO

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Keith Walsh will join the company as Executive Vice President, Chief Financial Officer, effective October 21, 2024. Mr. Walsh will report to AIG Chairman & Chief Executive Officer, Peter Zaffino and become a member of the Executive Leadership Team. He will be responsible for leading AIG's global Finance organization and will be based in New York. “Keith is a highly accomplished executive with deep.

AIG Appoints Keith Walsh Executive Vice President, Chief Financial Officer

AIG's commercial underwriting has quietly rivaled that of industry leader, Chubb. A narrowed focus has AIG's set for a 3%+ reduction in its expense ratio over the next few years, supporting a structural and permanent increase in its combined ratio. I expect about 1 out of every 6 shares of AIG to be retired through share repurchases by December 31, 2025.

American International Group: Don't Overthink It

Azul

5E Advanced Materials Inc

FEAM, AZUL and AIG have been added to the Zacks Rank #5 (Strong Sell) List on September 10, 2024.

New Strong Sell Stocks for September 10th

Road Town, British Virgin Islands--(Newsfile Corp. - September 6, 2024) - In a major development for cryptocurrency enthusiasts, LBank Exchange, a leading global digital asset trading platform, has announced the listing of AIG (AIG) on August 29, 2024. The AIG/USDT trading pair has seen a 781% price surge on LBank, marking a significant milestone for the AIG community.

News for AIG Stock (AIG)