HSBC has lowered its expectations for
American International Group's (AIG) stock performance shortly after
Goldman Sachs maintained a neutral perspective on the company. This comes amidst AIG's sudden leadership change - the incoming president,
John Neal, unexpectedly stepped down, influencing the future leadership path. Notably, AIG's general insurance underwriting income grew by 81% in Q3. Various companies like
Franklin Resources Inc., Creative Planning, Candriam S.C.A., and
Nomura Asset Management Co. Ltd. have invested in AIG. An unexpected decrease in AIG shares concerned the
Hotchkis & Wiley Large Cap Disciplined Value Fund. AM Best revised AIG outlooks to positive in light of credit ratings. AIG Q3 earnings report shows strong income growth surpassing expectations. AIG planned to acquire
Everest’s retail commercial business worth $2B, alongside a 35% stake in
Convex and 9.9% in
Onex for strategic investment.
Goldman Sachs raised AIG's stock price target to $84, noting AIG as a top dividend stock. AIG has shown a commitment to AI utilization, emphasized by CEO
Zaffino highlighting the integration of
GenAI to create a digital business twin.
American International Group AIG News Analytics from Wed, 02 Apr 2025 22:16:25 GMT to Sat, 22 Nov 2025 14:59:48 GMT -
