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American International Group Inc - Stock Quote AIG

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Morningstar's American International Group Inc Stock Analysis

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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

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5-Star Price

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Economic Moat

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Capital Allocation

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AIG Has a Path to Acceptable Returns

Brett Horn, CFA Senior Equity Analyst

Business Strategy and Outlook

| Brett Horn, CFA |

The years since the financial crisis have shown that American International Group would have destroyed substantial value even if it had never written a single credit default swap, had noncore businesses it needed to shed, and had material issues in its core operations that it needed to fix. We've been encouraged, however, by the recent progress in terms of improving underwriting margins, and the plan to take out $1 billion in costs by 2022 would be another material step. In 2020, the impact of the coronavirus has obscured the company's progress, but we think results over the past year have been encouraging.

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American International Group Inc's Company Profile

Business Description

American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. Its revenue is split roughly evenly between commercial and consumer lines.

Contact
1271 Avenue of the Americas
New York, NY, 10020
T +1 212 770-7000
Sector Financial Services
Industry Insurance - Diversified
Most Recent Earnings Mar 31, 2022
Fiscal Year End Dec 31, 2022
Stock Type Slow Growth
Employees 36,600

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