American International (AIG) Stock

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) has announced that Jon Hancock will take on new roles right away as the company restructures into three separate segments: North America Commercial Insurance, International Commercial Insurance, and Global Personal Insurance. Mr. Hancock will keep leading the International Commercial Insurance division while also taking charge of the newly created Global Personal Insurance sector.

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) will announce its financial results for the fourth quarter and the entire year ending December 31, 2024, after the market closes on Tuesday, February 11, 2025. The press release and financial details will be accessible in the Investors section of AIG's website at https://www.aig.com. AIG will also hold a conference call on Wednesday, February 12, 2025, at 8:30 a.m. ET to discuss these results, and the live webcast will be available for listening.

AIG is in a good position for growth due to high retention rates in its General Insurance sector. The company is also improving its profit margins through selling off parts of the business and reducing costs.

NEW YORK--(BUSINESS WIRE)--Private Client Select Insurance Services LLC (PCS), a top independent Managing General Underwriter mostly owned by Stone Point Capital LLC and American International Group, Inc. (NYSE: AIG), has announced that Ross Bowie is now the Chief Executive Officer, starting immediately. Mr. Bowie became part of Private Client Select in February 2024 as President and Chief Risk Officer, where he focused on enhancing the company's portfolio and performance.

American International Group's stock (NYSE: AIG) has increased by about 7% in the last year, while the S&P 500 has risen by more than 25% during the same time. In comparison, AIG's competitor Travelers (NYSE: TRV) has seen a 25% rise in its stock over the past year.

We have just put together a list of the Top 10 Stock Picks from Diamond Hill Capital. In this article, we will examine how American International Group, Inc. (NYSE:AIG) compares to the other stock selections made by Diamond Hill Capital. This investment management firm, founded in 1997 by Ric Dillon, is located in Columbus, Ohio and is led by Heather Brilliant.

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) has announced the creation of a new reinsurance syndicate at Lloyd's. Starting on January 1, 2025, Syndicate 2478 will take part in AIG's reinsurance program for several years. Managed by Talbot Underwriting Limited, the syndicate has a stamp capacity of $715 million for the 2025 Year of Account and will receive support from third parties.

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) has revealed the results of its earlier announced 12 cash offers to buy back certain notes, referred to as the "Notes." Additionally, AIG has modified the Offers by raising the Maximum Purchase Consideration from $750 million to $1.16 billion. These Offers were made in line with AIG's Offer to Purchase, which was dated December 6, 2024.

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) has revealed the pricing details for the various series of Notes involved in its earlier announced tender offers (the “Offers”) to buy back outstanding notes listed in the table below (together referred to as the “Notes”) for cash, with a total maximum amount of $750 million for Total Consideration (as defined below), not including the Accrued Coupon Payment (as defined below). The Offers are part of AIG's strategy.