American International Group (AIG) had an eventful year with significant business changes and financial developments. The company showed growth with its Q1 and Q4 results and approved key proposals at the annual meeting. The group is projected to experience double-digit dividend growth for 2025 and 2026. CEO, Latin America and the Caribbean seat has been filled by Angelo Colombo and Ray Hall became the head of Western World. AIG's stocks are regarded as a good buy by Diamond Hill Capital despite a 5.6% pullback over the week. However, the Los Angeles wildfire losses impacted AIG's profits. The group has made a strategic move to sell its 21.6% ownership stake of Corebridge to Nippon Life and also sold its Global Personal Travel Insurance and Assistance Business to Zurich. Christopher Schaper has been appointed as Chief Risk Officer, showing a transformative time for the company. AIG is expected to expand its presence in Atlanta by inaugurating a new Innovation Hub and creating 600+ local jobs. The overall performance and efforts of AIG present a bullish perspective for investors.
American International Group AIG News Analytics from Sat, 04 Mar 2023 16:10:44 GMT to Fri, 16 May 2025 20:30:13 GMT -
Rating 7
- Innovation 3
- Information 6
- Rumor -3
