There has been a great deal of focus on
American International Group (AIG) in the investment and insurance world. Throughout the year, AIG has consistently beaten estimates and reported strong premiums, investments, and underwriting. Analysts such as
Jim Cramer and firms like
Diamond Hill Capital have praised AIG, positioning it as a strong investment choice amid tariff troubles. Several key leadership roles have been announced, including appointments of
Christopher Flatt as Global Chief Underwriting Officer and
Keith Walsh as finance chief. Furthermore, AIG has adopted
generative AI to expedite underwriting practices and proposed a notable $7.5B stock
buyback plan. Despite minor downgrades from
JP Morgan and
Barclays, AIG sustains a positive trajectory promising double-digit dividend growth for 2025 and 2026. The company also announced the sale of its 21.6% stake in
Corebridge and closure of its Global Personal Travel and Assistance Business's sale, signaling strategic restructuring. Impressively, AIG is set to open a new office hub, creating 600 jobs in Metro Atlanta while expanding its Atlanta innovation hub.
American International Group AIG News Analytics from Wed, 26 Jun 2024 07:00:00 GMT to Wed, 16 Apr 2025 13:59:14 GMT -
Rating 8
- Innovation 7
- Information 10
- Rumor 8
