Financial Performance - AIG's stock gained around 7% over the last 12 months, underperforming the S&P 500 which rose over 25% and its peer Travelers which gained 25% [1] - Q3 2024 adjusted earnings rose 18% to $1.23 per share, driven by strong underwriting and higher investment returns [1] - Net premiums in Global Commercial business increased 6% YoY, with a strong retention rate of 88% and $1.1 billion in new business [1] - Net investment income rose 14% to $973 million in the last quarter [1] Business Strategy - AIG has been focusing more on property and casualty insurance after spinning off its life insurance and retirement business [2] - Property and casualty insurance offers higher margins and more flexibility in adjusting premiums compared to life insurance [2] - The company repurchased $1.5 billion of common shares in Q3 2024, with total capital returns to shareholders reaching $6 billion in the first nine months of 2024 [2] Market Outlook - AIG's stock has increased in value each year from 2021 to 2024, with returns of 54%, 14%, 10%, and 10% respectively [2] - The recent U.S. presidential election could benefit insurers through potential regulatory relief and tax cuts [2] - AIG's stock is valued at about $90 per share, 24% above the current market price [2]

Product diversification has been helping Zacks Multiline Insurance industry players lower concentration risk, ensure uninterrupted revenue generation and improve retention ratio. Better pricing, prudent underwriting, increased exposure, faster economic recovery on the receding impact of the pandemic and increased vaccinations should benefit American International Group Inc. (AIG) , Prudential Financial Inc. (PRU) , The Hartford Financial Group (HIG) , Radian Group (RDN) and CNO Financial Group (CNO) . Accel ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 —————————— FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8787 American International Group, Inc. (Exact name of registrant as specified in its charter) Delaware 13-2592361 (State or o ...

On November 4, 2024, the AIG Board of Directors declared a quarterly cash dividend on AIG common stock of $0.40 per share. The dividend is payable on December 30, 2024 to stockholders of record at the close of business on December 16, 2024.10 mREITs With Impressive Yields »Williams' board of directors has approved a regular dividend of $0.4750 per share, or $1.90 annualized, on the company's common stock, payable on Dec. 30, 2024, to holders of record at the close of business on Dec. 13, 2024. This is a 6.1 ...

American International Group, Inc. (NYSE:AIG) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Quentin McMillan - VP, MD and Head of IR Peter Zaffino - Chairman and CEO Sabra Purtill - EVP and CFO| Don Bailey - EVP and CEO, North America Insurance Jon Hancock - EVP and CEO, International Insurance Conference Call Participants Meyer Shields - KBW Brian Meredith - UBS Rob Cox - Goldman Sachs Alex Scott - Barclays Elyse Greenspan - Wells Fargo Operator Good day, and welcome to ...

American International Group, Inc. (AIG) reported third-quarter 2024 adjusted earnings per share of $1.23, which beat the Zacks Consensus Estimate by 8.9%. The bottom line improved 18.3% year over year.Adjusted operating revenues amounted to $6.84 billion, which declined 5.9% year over year. However, the top line beat the consensus mark by 3.3%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The better-than-expected third-quarter results were supported by higher returns on investmen ...

Third Quarter 2024 Financial Results Presentation November 5, 2024 Copyright ® 2024 by American International Group, Inc. All rights reserved. No part of this document may be reproduced, republished or reposted without the permission of AIG. Q3 2024 Earnings Key Themes 2 • Excellent financial and operational results supported by continued Adjusted EPS* growth • North America Commercial delivered double-digit NPW growth(1) supported by strong new business growth and retention • Initial benefits from AIG Next ...

For the quarter ended September 2024, American International Group (AIG) reported revenue of $6.84 billion, down 39.8% over the same period last year. EPS came in at $1.23, compared to $1.61 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $6.62 billion, representing a surprise of +3.29%. The company delivered an EPS surprise of +8.85%, with the consensus EPS estimate being $1.13.While investors closely watch year-over-year changes in headline numbers -- revenue and e ...

American International Group (AIG) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.85%. A quarter ago, it was expected that this insurer would post earnings of $1.39 per share when it actually produced earnings of $1.16, delivering a surprise of -16.55%.Over the last four quarters, ...

Press Release Contacts: www.aig.com Quentin McMillan (Investors): quentin.mcmillan@aig.com Claire Talcott (Media): claire.talcott@aig.com AIG Reports Excellent Third Quarter 2024 Results † ■ Strong General Insurance net premiums written of $6.4 billion, a decrease of 1% on a reported basis, or an increase of 6% on a comparable basis* ■ Global Commercial Lines net premiums written of $4.5 billion, a decrease of 2% on a reported basis, or an increase of 7% on a comparable basis , led by excellent growth in No ...