Welcome to our dedicated page for American International Group news (Ticker: $AIG), a resource for investors and traders seeking the latest updates and insights on American International Group stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American International Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American International Group's position in the market.
AIG reported strong first quarter 2024 results with net income per diluted share of $1.74 and adjusted after-tax income per diluted share of $1.77. General Insurance underwriting income increased 19% year-over-year to $596 million. AIG executed nearly $3 billion in capital management actions, returning $2.4 billion to shareholders, and declared a cash dividend increase. The company's adjusted ROCE was 9.3% for the quarter. AIG plans to continue building momentum through AIG Next and Corebridge deconsolidation.