American International Group (AIG) holds a positive projection among investors, continuously earning bullish ratings from KBW and Piper Sandler. This was spurred by AIG's lucrative insurance coverage that yielded strong underwriting and investment returns. AIG also bolstered its leadership, with key appointments such as Juan Perez and Christopher Flatt joining its Board and Christopher Schaper stepping in as Chief Risk Officer. Despite a five-year decline in earnings, the company showcased robust Q4 2024 and Full Year 2024 results, reaffirming its position as a promising insurance stock. The company aims to expand its operations, evidenced by an announcement of a new office hub projected to create around 600 Metro Atlanta jobs, along with a host of executive and directorship appointments. Its sale of a 21.6% stake in Corebridge to Nippon Life along with the sale of its global personal travel insurance business to Zurich demonstrates a strategic business direction. Despite the challenges, AIG continues to be among Diamond Hill Capital’s top stock picks.
American International Group AIG News Analytics from Wed, 01 May 2024 07:00:00 GMT to Sat, 29 Mar 2025 13:03:52 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor -1
