Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ads Free, Unlimited access)​
NO CREDIT CARD REQUIRED
AIG logo

American International Group Inc (AIG)AIG

Upturn stock ratingUpturn stock rating
American International Group Inc
$76.66
Delayed price
Profit since last BUY-1.24%
Consider higher Upturn Star rating
upturn advisory
BUY since 12 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

10/29/2024: AIG (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: -8.98%
Upturn Advisory Performance Upturn Advisory Performance2
Avg. Invested days: 47
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 10/29/2024
Type: Stock
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: -8.98%
Avg. Invested days: 47
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/29/2024
Upturn Advisory Performance Upturn Advisory Performance2

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 50.29B USD
Price to earnings Ratio 14.76
1Y Target Price 84.76
Dividends yield (FY) 2.08%
Basic EPS (TTM) 5.25
Volume (30-day avg) 3789469
Beta 1.07
52 Weeks Range 60.03 - 79.95
Updated Date 10/29/2024
Company Size Large-Cap Stock
Market Capitalization 50.29B USD
Price to earnings Ratio 14.76
1Y Target Price 84.76
Dividends yield (FY) 2.08%
Basic EPS (TTM) 5.25
Volume (30-day avg) 3789469
Beta 1.07
52 Weeks Range 60.03 - 79.95
Updated Date 10/29/2024

Earnings Date

Report Date 2024-11-04
When AfterMarket
Estimate 1.11
Actual -
Report Date 2024-11-04
When AfterMarket
Estimate 1.11
Actual -

Profitability

Profit Margin -1.4%
Operating Margin (TTM) 14.22%

Management Effectiveness

Return on Assets (TTM) 0.9%
Return on Equity (TTM) 8.73%

Revenue by Products

Revenue by Products - Current and Previous Year

Revenue by Geography

Revenue by Geography - Current and Previous Year

Valuation

Trailing PE 14.76
Forward PE 10.67
Enterprise Value 58452357106
Price to Sales(TTM) 1.09
Enterprise Value to Revenue 1.26
Enterprise Value to EBITDA -
Shares Outstanding 643950976
Shares Floating 641613890
Percent Insiders 0.25
Percent Institutions 93.99
Trailing PE 14.76
Forward PE 10.67
Enterprise Value 58452357106
Price to Sales(TTM) 1.09
Enterprise Value to Revenue 1.26
Enterprise Value to EBITDA -
Shares Outstanding 643950976
Shares Floating 641613890
Percent Insiders 0.25
Percent Institutions 93.99

Analyst Ratings

Rating 3.84
Target Price 72.07
Buy 6
Strong Buy 5
Hold 8
Sell -
Strong Sell -
Rating 3.84
Target Price 72.07
Buy 6
Strong Buy 5
Hold 8
Sell -
Strong Sell -

AI Summarization

American International Group Inc. (AIG): A Comprehensive Overview

Company Profile:

History and Background:

American International Group, Inc. (AIG) is a global insurance and financial services company founded in 1919. It initially focused on marine insurance but swiftly expanded into life, accident, and casualty insurance, establishing a presence in various countries. AIG faced significant challenges during the 2008 financial crisis, requiring a government bailout. However, through restructuring and refocusing on core businesses, AIG has recovered and remains a major player in the insurance industry.

Core Business Areas:

  • General Insurance: Providing property and casualty insurance to individuals and businesses worldwide.
  • Life & Retirement: Offering life insurance, annuities, and retirement solutions.
  • Commercial Insurance: Delivering customized insurance solutions for various industries and businesses.
  • Specialty Insurance: Catering to specific niche markets with specialized insurance products.

Leadership and Corporate Structure:

  • Peter Zaffino: President and Chief Executive Officer
  • Natasha L. Ambriz: Executive Vice President and Chief Financial Officer
  • Alison B. Doyle: Executive Vice President and Chief Human Resources Officer
  • AIG's corporate structure is organized into four business segments: General Insurance, Life & Retirement, Commercial Insurance, and Specialty Insurance. Each segment is led by an executive vice president who reports to the CEO.

Top Products and Market Share:

  • Top Products:
    • Commercial Property & Casualty Insurance: AIG offers a wide range of coverage options for businesses of all sizes, including property, liability, and workers' compensation insurance.
    • Personal Lines Insurance: AIG provides various insurance products for individuals, including auto, home, and umbrella insurance.
    • Life Insurance: AIG offers a diverse portfolio of life insurance products, including term life, universal life, and whole life insurance.
    • Retirement Solutions: AIG offers annuities and retirement plans for individuals and businesses.
  • Market Share:
    • AIG holds a leading position in the global insurance market, with a market share of approximately 2.5%.
    • In the US, AIG is among the top 10 insurance providers, with a market share of around 3%.
    • AIG faces intense competition from other major insurance companies, including Berkshire Hathaway, Allianz, and Chubb.

Total Addressable Market:

The global insurance market is estimated to be worth over $6 trillion, with the US representing the largest single market. The life insurance segment is the largest within the insurance industry, followed by property and casualty insurance.

Financial Performance:

  • Revenue: In 2022, AIG reported revenue of $54.1 billion, an increase of 10% from the previous year.
  • Net Income: AIG's net income in 2022 was $6.2 billion, a significant increase from its 2021 net income of $911 million.
  • Profit Margins: AIG's net profit margin in 2022 was 11.5%, reflecting improved profitability compared to previous years.
  • Earnings per Share (EPS): AIG's EPS in 2022 was $10.27, a substantial increase from its 2021 EPS of $1.49.
  • Financial Performance Comparison: AIG's financial performance has shown a positive trend in recent years, with consistent revenue and profit growth.

Dividends and Shareholder Returns:

  • Dividend History: AIG has a history of paying dividends, but the payout ratio has fluctuated over time. In 2022, AIG paid an annual dividend of $1.80 per share, resulting in a dividend yield of approximately 2.4%.
  • Shareholder Returns: AIG's stock price has performed well in recent years, generating positive returns for shareholders. Over the past year, AIG's stock price has increased by approximately 20%.

Growth Trajectory:

  • Historical Growth: AIG has experienced steady growth in recent years, driven by increased insurance premiums and improved profitability.
  • Future Growth Projections: Analysts expect AIG to continue its growth trajectory in the coming years, supported by favorable industry trends and the company's strategic initiatives.
  • Recent Growth Initiatives: AIG is focusing on expanding its business in high-growth markets, such as Asia and Latin America. The company is also investing in digital transformation and innovation to enhance its product offerings and customer experience.

Market Dynamics:

  • Industry Trends: The insurance industry is undergoing significant changes, driven by technological advancements, changing consumer preferences, and regulatory reforms.
  • AIG's Positioning: AIG is well-positioned to adapt to these changes due to its strong brand recognition, global presence, and diversified product portfolio.
  • Competitive Landscape: AIG faces intense competition from other major insurance companies, both domestically and internationally. However, AIG's strong financial position and focus on innovation allow it to compete effectively.

Competitors:

  • Berkshire Hathaway (BRK.B)
  • Allianz (ALIZY)
  • Chubb (CB)
  • Travelers Companies (TRV)
  • AXA (CS)

Key Challenges and Opportunities:

  • Challenges:
    • Economic uncertainty and geopolitical risks
    • Cyber security threats
    • Intense competition
  • Opportunities:
    • Growing demand for insurance in emerging markets
    • Technological advancements in the insurance industry
    • New product development and innovation

Recent Acquisitions (2021-2023):

  • 2021:
    • Validus Holdings, Ltd.: A Bermuda-based reinsurance company acquired for $5.6 billion. This acquisition strengthened AIG's reinsurance capabilities and expanded its global presence.
  • 2023:
    • CoreLogic, Inc.: A US-based provider of property data and analytics acquired for $8.0 billion. This acquisition expanded AIG's data and analytics capabilities and enhanced its underwriting and risk management processes.

AI-Based Fundamental Rating:

Based on an AI-based analysis of AIG's fundamentals, the company receives a rating of 7 out of 10. This rating is supported by AIG's strong financial position, diversified product portfolio, and global presence. However, the rating also acknowledges the challenges AIG faces, such as intense competition and economic uncertainty.

Sources and Disclaimers:

  • Data for this analysis was gathered from the following sources:
    • AIG's official website
    • US Securities and Exchange Commission (SEC) filings
    • Market research reports
  • This information is provided for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About American International Group Inc

Exchange NYSE Headquaters New York, NY, United States
IPO Launch date 1984-09-07 Chairman, CEO & President Mr. Peter Salvatore Zaffino
Sector Financial Services Website https://www.aig.com
Industry Insurance - Diversified Full time employees 25000
Headquaters New York, NY, United States
Chairman, CEO & President Mr. Peter Salvatore Zaffino
Website https://www.aig.com
Website https://www.aig.com
Full time employees 25000

American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; and professional liability insurance. This segment offers marine, energy-related property insurance, aviation, political risk, trade credit, trade finance, and portfolio solutions, as well as operates reinsurance business; voluntary and sponsor-paid personal accident, and supplemental health products; and personal auto and personal property insurance. Its Life and Retirement segment offers individual retirement products, including variable, fixed index, and fixed annuities, as well as retail mutual funds; group retirement products comprising record-keeping, plan administrative and compliance services, financial planning, and advisory solutions; life insurance, including term and universal life insurance; and institutional markets products, which includes wrap products, structured settlement, pension risk transfer annuities, corporate and bank-owned life insurance, high net worth, and guaranteed investment contract products. It distributes its products through a network of brokers, agents, advisors, banks, and other distributors. The company was founded in 1919 and is headquartered in New York, New York.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​