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American International Group Inc - AIG STOCK NEWS

Welcome to our dedicated news page for American International Group (Ticker: AIG), a resource for investors and traders seeking the latest updates and insights on American International Group.

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.

News
Stuart Myers and Christopher Conti Join RYZE Claim Solutions’ Board of Directors
Rhea-AI Summary
RYZE Claim Solutions appoints Stuart Myers and Christopher Conti to its Board of Directors. Both experts in insurance and investments, they bring decades of leadership experience to the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
Tags
management
-
News
AIG Announces Leadership Change
Rhea-AI Summary
American International Group, Inc. (NYSE: AIG) announced that David McElroy will retire on May 1, 2024, for personal reasons. Mr. McElroy has been with AIG since 2018 and held various leadership positions. AIG's Chairman & CEO, Peter Zaffino, praised McElroy's contributions to improving underwriting performance and risk appetite.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
Tags
management
-
News
Corebridge Financial Completes Sale of UK Life Insurance Business to Aviva plc
Rhea-AI Summary
Corebridge Financial, Inc. (CRBG) completes the sale of its UK life insurance business to Aviva plc, enabling a strategic shift towards Life & Retirement products in the US.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.99%
Tags
none
News
AIG to Report First Quarter 2024 Financial Results on May 1, 2024, and Host Conference Call on May 2
Rhea-AI Summary
American International Group, Inc. (AIG) will announce its financial results for Q1 2024 on May 1, 2024, followed by a conference call on May 2, 2024. The press release and financial supplement will be available on AIG's website, with a live webcast and replay accessible to the public.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
conferences earnings
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News
AIG Reports Excellent Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
AIG reported strong financial results for the fourth quarter and full year of 2023, with notable increases in net income, underwriting income, and APTI. General Insurance saw improvements in NPW, combined ratio, and APTI, while Life and Retirement showed growth in APTI. The company returned significant value to shareholders through stock repurchases and dividends. Strategic divestitures and successful secondary offerings contributed to AIG's positive performance in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.31%
Tags
earnings
-
News
Chris Inglis Elected to AIG’s Board of Directors
Rhea-AI Summary
American International Group, Inc. (AIG) has announced the election of John (Chris) Inglis as an independent Director, effective March 1, 2024. Inglis is a former National Cyber Director and an advisor to President Joe Biden on cybersecurity. With a distinguished career in U.S. federal defense, public and private sector service, and academia, Inglis brings nearly five decades of experience in cyber intelligence and advanced technology to AIG's Board of Directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
Tags
management
News
AIG to Redeem its Series A Preferred Stock, Represented by Depositary Shares
Rhea-AI Summary
American International Group, Inc. (AIG) has announced the redemption of all outstanding shares of its Series A 5.85% Non-Cumulative Perpetual Preferred Stock and corresponding Depositary Shares on March 15, 2024. The redemption price per share of Series A Preferred Stock will be $25,000, with 20,000 shares and 20,000,000 Depositary Shares outstanding as of January 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.99%
Tags
none
-
News
AM Best Upgrades Issuer Credit Ratings for American International Group, Inc. and Its Property/Casualty Subsidiaries
Rhea-AI Summary
AM Best has upgraded the Long-Term Issuer Credit Ratings of American International Group, Inc.'s property/casualty insurance subsidiaries to 'a+' (Excellent) and affirmed the Financial Strength Rating of A (Excellent). The group's balance sheet strength is assessed as very strong, with improving underwriting performance and strong reinsurance support. AIG PC's operating performance has shown a steady improving trend, and its business profile is favorable, with deep expertise in commercial lines and diverse distribution channels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
none
-
News
AIG to Report Fourth Quarter and Full Year 2023 Financial Results on February 13, 2024, and Host Conference Call on February 14
Rhea-AI Summary
American International Group, Inc. (AIG) will release its financial results for Q4 and full year 2023 on February 13, 2024. A conference call to review the results will be held on February 14, 2024. The webcast will be available to the public, with a replay available afterwards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
conferences earnings
News
AIG Announces Closing of Secondary Offering of Corebridge Financial, Inc. Common Stock
Rhea-AI Summary
American International Group, Inc. (NYSE: AIG) has closed a secondary offering of shares of Corebridge Financial, Inc. (NYSE: CRBG) common stock. AIG sold 35 million existing shares at a public offering price of $20.50 per share, with a 30-day option to the underwriter to purchase up to an additional 5.25 million shares. The proceeds to AIG after deducting expenses were approximately $712 million. AIG remains a majority shareholder of Corebridge Financial.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
none
Stock AIG logo
American International Group Inc

NYSE:AIG

AIG Rankings

#248 Ranked by Market Cap
#1729 Ranked by Stock Gains
#1448 Ranked by Dividends

AIG Stock Data

49.75B
678.50M
0.29%
93.63%
1.17%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
US
New York

About AIG

American International Group, Inc. is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.