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American International Group AIG - News Analyzed: 6,573 - Last Week: 100 - Last Month: 400

⇑ AIG Soars with Strong Q2 2025 performance; Key Appointments Mark Strategic Moves

AIG Soars with Strong Q2 2025 performance; Key Appointments Mark Strategic Moves
American International Group (AIG) showcased a promising financial performance in its Q2 2025, beating revenue and earning estimates, with higher quarterly profit bolstered by underwriting strength and growth in North American commercial premiums. CFRA, however, lowered AIG's price target (PT) to $90. Despite the challenges, AIG returned to profitability, consequently boosting its dividend, as catastrophe-related losses decreased. Furthermore, gross written premiums (GWP) reported for Q2’25 saw an impressive increase of 46%. The upturn was also fueled by a surge in net investment income and a 56% increase in adjusted after-tax earnings per share. In a significant move, AIG witnessed a secondary offering of 30M Corebridge Financial Shares, resulting in $1.009 billion from share sales. AIG also made noteworthy appointments with Glen Browne rejoining as A&H Chief, Ray Hall as head of Western World, and ex-Lloyd’s CEO John Neal as the new president. Highlighting the company's robust financial health, AIG was named a top dividend stock, while Jim Cramer tagged it as a 'buy'.

American International Group AIG News Analytics from Mon, 14 Oct 2024 07:00:00 GMT to Sat, 09 Aug 2025 12:07:59 GMT - Rating 8 - Innovation 5 - Information 8 - Rumor -2

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