American International Group's (AIG) shares have risen by 9% this year. Multiple investment firms such as Gulf International Bank UK Ltd and Kapitalo Investimentos Ltda have raised their stakes in AIG, demonstrating its strength as a dividend stock. The company beat Q4 profit estimates and has delivered robust Q4 and full year 2023 results. AIG is preparing to sell 20% of Corebridge to Nippon Life for $3.8 billion, a move that underlines its strategic peculiarity. AIG has also increased its dividend payout and received credit rating upgrades from AM Best for its Property/Casualty Subsidiaries. Other newsworthy events include Peter Zaffino, Chairman & CEO of AIG, selling 333,000 shares of the company and AIG's strong Q1 2024 results, which have seen their net income surge to $1.19bn.
American International Group AIG News Analytics from Fri, 04 Aug 2023 07:00:00 GMT to Sun, 23 Jun 2024 12:46:24 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -3
