American International Group Inc

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  • uploads///Estimates
    Earnings Report

    Berkshire Takes a Hit on Insurance and BNSF Performance in 1Q16

    Berkshire Hathaway missed its operating EPS analyst estimate of $2,609 and reported $2,275, mainly due to its Insurance and BNSF segments.

    By Robert Karr
  • uploads///Repurchases
    Earnings Report

    AIG Returned $2.6 Billion to Shareholders in 3Q16

    AIG declared its quarterly dividend of $0.32 per share in 3Q16 totaling ~$338 million, translating into an annualized dividend yield of 2.2%.

    By Robert Karr
  • Financials

    Why direct bidding was strong for the 10-year T-notes auction

    The US Department of the Treasury holds a ten-year Treasury (IEF) notes auction every month. The ten-year Treasury (UST) yield is a benchmark yield for financial markets.

    By Phalguni Soni
  • uploads/// Returns
    Company & Industry Overviews

    US Banks Are Optimistic about the New Tax Plan

    Despite the $32.9-billion hit the top five banks took in their fourth-quarter earnings, US banks (XLF) are generally very positive about the new tax plan.

    By Peter Barnes
  • uploads///cafaabfbbbcfaa
    Earnings Report

    Genworth’s Third Quarter Earnings Miss Analysts’ Expectations

    Genworth Financial (GNW) reported its third quarter earnings on October 30, 2015. The company reported operating EPS of $0.13, well below analysts’ estimates of $0.22.

    By Rebecca Keats
  • uploads///Repurchases
    Company & Industry Overviews

    AIG’s Shareholder Payouts Rise on Higher Investment Income

    In 1Q17, AIG repurchased ~56.0 million shares, or 5.5% of its total outstanding shares, for a purchase price of ~$3.6 billion. The company made additional repurchases of ~$1.1 billion through May 3, 2017.

    By Robert Karr
  • uploads///Derisking
    Company & Industry Overviews

    AIG’s Stock Benefits from De-Risking of Balance Sheet

    During the first quarter of 2015, AIG (AIG) took further actions to simplify its balance sheet and reduce risk.

    By Robert Karr
  • uploads///Servicing and retailing
    Earnings Report

    Gauging Berkshire’s Services and Retail Growth in 4Q

    Berkshire Hathaway’s (BRK-B) services and retailing division is expected to garner marginal growth in 4Q16, sequentially as well as YoY.

    By Robert Karr
  • uploads///Repurchases
    Company & Industry Overviews

    AIG to Reward Shareholders at a Similar Pace in 2017

    In 3Q16, AIG declared a quarterly dividend of $0.32 per share totaling $338 million, translating into an annualized dividend yield of 1.9%.

    By Robert Karr
  • uploads/// Year Floating Rate Note Issuance Versus Bid Cover Ratio
    Company & Industry Overviews

    Bid-to-Cover Ratio Rose for 2-Year Floating Rate Notes

    The U.S. Department of the Treasury introduced two-year FRNs (floating rate notes) in January 2014. An FRN is a debt security. Its interest payment varies.

    By Lynn Noah
  • Financials

    Why demand is rising for 3-year Treasury notes

    The U.S. Department of the Treasury holds auctions for three-year Treasury notes (or T-notes) each month. Three-year notes are at the short-end of the yield curve.

    By Phalguni Soni
  • uploads/// Year Floating Rate Note Issuance Versus Bid Cover Ratio
    Company & Industry Overviews

    Why the Bid-to-Cover Ratio Rose for 2-Year Floating Rate Notes Auction

    The US Treasury introduced two-year floating rate notes (or FRNs) in January 2014.

    By Lynn Noah
  • Financials

    Must-know 3Q updates from Dan Loeb’s Third Point Partners

    In this series Activist investor Dan Loeb’s fund, Third Point Partners LP, disclosed some of the positions traded during 3Q14 in its 3Q investor letter. In this series, we’ll go through the details of these positions and Third Point’s rationale for adding or exiting its stakes. In its 3Q letter, the fund said it “continued […]

    By Samantha Nielson
  • uploads///AAL
    Consumer

    American Airlines gets significantly lower position in Appaloosa

    Appaloosa Management significantly lowered its position in American Airlines (AAL) in the third quarter that ended in September 2014. The position accounts for 3.81% of the fund’s total third-quarter portfolio.

    By Samantha Nielson
  • uploads///Leucadia
    Financials

    Why Fairholme Capital lowers stake in Leucadia National

    Fairholme Capital lowered its position in Leucadia National in 2Q14. The position currently accounts for 4.14% of the fund’s portfolio.

    By Samantha Nielson
  • uploads/// Year Floating Rate Note Issuance Versus Bid Cover Ratio
    Fund Managers

    Market Participants Make a Beeline for 2-Year Floating Rate Notes

    The US Department of the Treasury introduced two-year FRNs (floating rate notes) in January 2014. An FRN is a debt security. Its interest payment varies.

    By Lynn Noah
  • uploads///
    Fund Managers

    An Update on Fairholme’s Positions in Fannie Mae and Freddie Mac

    Berkowitz believes that Fannie Mae and Freddie Mac entities are highly valuable and expects them to generate earnings of at least~$21 billion a year.

    By Santiago Solari
  • uploads///KGC
    Energy & Utilities

    Baupost Group opens PBF position, raises MU and THRX share, and sells AIG, AUY, and KGC—13F Flash F

    The Baupost Group, LLC, is a hedge fund founded and run by Seth Klarman in 1982. Why sell Kinross Gold Corp. (KGC)?

    By Samantha Nielson
  • uploads///chart
    Macroeconomic Analysis

    Analyzing Alternative Mutual Fund MERFX: How Did It Perform?

    The Merger Fund (MERFX) is an alternative smart beta fund that uses the popular hedge fund strategy “merger arbitrage” to gain profit in the market S&P 500 (SPY).

    By Ivan Kading
  • uploads/// Year Floating Rate Note Issuance Versus Bid Cover Ratio
    Company & Industry Overviews

    Direct Bidders Flocked to 2-Year Floating Rate Notes Auction

    The U.S. Department of the Treasury introduced two-year floating rate notes (or FRNs) in January 2014. An FRN is a debt security. Its interest payment varies, hence the name.

    By Lynn Noah
  • uploads///Atlas
    Basic Materials

    Why Atlas Air Worldwide’s transformation will boost its earnings

    Atlas Air Worldwide (AAWW) is an outsourced global provider of aircraft and aviation operating services for airlines, express delivery providers, freight forwarders, the United States military, and charter brokers.

    By Stilian Morrison
  • uploads///AIG
    Energy & Utilities

    Baupost Group opens PBF position, raises MU and THRX share, and sells AIG, AUY, and KGC—13F Flash D

    The Baupost Group, LLC, is a hedge fund founded and run by Seth Klarman in 1982. Why sell American International Group (AIG)?

    By Samantha Nielson
  • uploads/// Year Floating Rate Note Issuance Versus Bid Cover Ratio
    Company & Industry Overviews

    High Discount Margin: Highest Ever for 2-Year Floating Rate Notes

    The US Department of the Treasury introduced two-year FRNs (floating rate notes) in January 2014. An FRN is a debt security. Its interest payment varies.

    By Lynn Noah
  • uploads///AUY
    Energy & Utilities

    Baupost Group opens PBF position, raises MU and THRX share, and sells AIG, AUY, and KGC—13F Flash E

    The Baupost Group, LLC, is a hedge fund founded and run by Seth Klarman in 1982. Why sell Yamana Gold Inc. (AUY)?

    By Samantha Nielson
  • uploads///ROA
    Company & Industry Overviews

    Prudential’s Individual Annuities and Life Business

    Prudential Financial’s (PRU) individual annuities segment’s adjusted operating income rose by $119 million to $541 million in 4Q17 from $422 million in 4Q16.

    By Raymond Anderson
  • uploads///NRF
    Fund Managers

    Maverick Capital Extends Its Position in Northstar Realty Finance

    Maverick Capital increased its position in Northstar Realty Finance (NRF) by more than $21 million in stock. Northstar represented 1.06% of the fund’s total portfolio in 4Q14.

    By Patricia Garner
  • uploads///Market cap
    Company & Industry Overviews

    AIG Hires Marketing and Communications Head

    In American International Group’s (AIG) General Insurance segment, North American net premiums fell between 2016 and 2017, from $13.9 billion to $11.4 billion.

    By Raymond Anderson
  • uploads///AdobeStock_
    Macroeconomic Analysis

    An Investor’s Guide to Top-Performing Stocks for 2020

    Overall, tech stocks turned out to be the top performers for 2019. The gain in the technology sector helped the S&P 500 gain 29% in 2019.

    By Rabindra Samanta
  • uploads/// Year Floating Rate Note Issuance Versus Bid Cover Ratio
    Macroeconomic Analysis

    Demand Nose-Dived for Two-Year Floating Rate Notes Auction

    Market demand for two-year floating rate notes in September fell sharply to 24.7% of the accepted competitive bids—its lowest mark ever—compared to 43.6% at August’s auction.

    By Lynn Noah
  • uploads///Valuations
    Earnings Report

    AIG Valuations Low on SIFI, Operating Performance, Restructuring

    American International Group’s (AIG) stock has declined by more than 13% over the past six months, mainly due to weak operating performance, higher reserve developments, and declining returns on alternative investments.

    By Robert Karr
  • uploads///fed
    Macroeconomic Analysis

    Major Movers of the Financial Markets in the Past 20 Years: Part 2

    The global financial crisis of 2008 proved to be the major mover of the financial markets in the last 20 years. Internet companies and the banking sector took a beating.

    By David Meyer
  • uploads///
    Earnings Report

    AIG’s Commercial Insurance segment sees increased income

    AIG’s top line dipped marginally in 4Q14 when compared to 4Q13, driven by disciplined sales and underwriting in casualty products in commercial P&C.

    By Sean Millard
  • Financials

    Must-know: Highlights of the 6-month Treasury bills auction

    Last week, the U.S. Treasury auctioned six-month T-bills worth $24 billion. Auction demand was higher. The bid-to-cover ratio increased by ~7.4% to 4.6x week-over-week.

    By Phalguni Soni
  • uploads/// Year Treasury Note Issuance versus Bid Cover Ratio
    Company & Industry Overviews

    2-Year T-Notes Attract Higher Market Demand in March 2015

    Primary dealer takedown was lower due to higher market demand. It was 36% of competitive accepted bids—down from 38.5% in February’s auction.

    By David Ashworth
  • uploads///
    Earnings Report

    AIG improves its capital structure in 4Q14

    AIG repurchased $6.5 billion of high coupon debt, replacing it with lower coupon debt to help AIG reduce its interest burden by ~$249 million per year.

    By Sean Millard
  • Financials

    Bid-to-cover ratio for 3-month T-bills falls on higher issuance

    Due to the higher issuance amount, demand for the bills was weaker, with the bid-to-cover ratio coming in at 4.56x, compared to 4.71x for the July 28 auction. The ratio has averaged 4.62x for auctions held in 2014.

    By Phalguni Soni
  • uploads///Commercial Insurance
    Company & Industry Overviews

    AIG’s Commercial Insurance Business Improves in 1Q15

    AIG (AIG) reported pre-tax operating income of $1.5 billion in 1Q15 for its commercial insurance business, as compared to $1.4 billion in 1Q14.

    By Robert Karr
  • uploads///Rel val
    Company & Industry Overviews

    How Discounted Valuations Affected AIG in 3Q17

    On an NTM (next-12-months) basis, American International Group (AIG) has a price-to-earnings ratio of ~11.6x compared to its peers’ average of ~13.9x, which implies lower valuations.

    By Raymond Anderson
  • uploads///Consumer
    Earnings Report

    AIG Sees Contraction in Consumer Finance Division in 2Q15

    AIG’s consumer finance business recorded a 9% decline in pre-tax operating earnings in 2Q15.

    By Robert Karr
  • Financials

    Why market demand for 13-week Treasury bills sees little change

    Due to the higher issuance amount, demand for the bills was weaker, with the bid-to-cover ratio coming in at 4.65x, compared to 4.82x for the July 14 auction—the ratio has averaged 4.62x for auctions held in 2014.

    By Phalguni Soni
  • uploads///
    Earnings Report

    Gauging AIG’s stock performance and valuation

    AIG’s shares appear to be currently undervalued despite the improvements in its operating and financial metrics.

    By Sean Millard
  • uploads///Servicing and retailing
    Earnings Report

    What Drove Berkshire’s Services and Retailing Business?

    In 3Q16, Berkshire’s (BRK-B) revenues from its Services and Retailing division fell to $6.3 billion in 3Q16 as compared to $6.1 billion in 3Q15.

    By Robert Karr
  • uploads///fcf yield
    Company & Industry Overviews

    Analyzing AIG’s Individual Retirement Business

    American International Group’s (AIG) Individual Retirement business posted pretax operating income of $1.8 billion in 9M17 versus $1.7 billion in 9M16, reflecting a rise of 5.0%.

    By Raymond Anderson
  • uploads///NXPI
    Financials

    NXP Semiconductors is Appaloosa Management’s new position

    Appaloosa Management initiated a new position in NXP Semiconductors NV (NXPI) in the third quarter that ended in September 2014. The position accounts for 2.55% of the fund’s total third-quarter portfolio.

    By Samantha Nielson
  • uploads///
    Fund Managers

    Chesapeake Energy is Fairholme Capital’s new position

    Fairholme purchased ~537,000 shares of Chesapeake Energy Corporation (CHK) for $12.3 million in 3Q14. It now accounts for 0.16% of the portfolio.

    By Santiago Solari
  • uploads///DY
    Company & Industry Overviews

    MetLife’s Performance in Europe, the Middle East, and Africa

    Marginal fall MetLife’s (MET) operating earnings in the EMEA (Europe, the Middle East, and Africa) region fell from $74 million in 3Q16 to $71 million in 3Q17. Its total EMEA operating revenue fell from $702 million to $711 million, primarily due to higher premiums. In the EMEA region, MetLife’s premiums rose to $527 million from $500 million between 3Q16 […]

    By Raymond Anderson
  • uploads/// AIG
    Company & Industry Overviews

    AIG Posted a Huge Loss in 4Q17

    AIG (AIG) reported a net loss of $6.66 billion in 4Q17—compared to a loss of $3 billion in 4Q16.

    By Peter Barnes
  • uploads///FDI Trukey Russia
    Miscellaneous

    Russia’s Plane Shot Down: Insurers Gain as Tensions Mount

    Geopolitical tensions are mounting around the globe. Turkey shot down a Russian jet and Brussels remains on terrorism alert after the recent attacks in Paris.

    By Rebecca Keats
  • uploads///WHR
    Consumer

    Whirlpool’s position upped in Appaloosa Management

    Appaloosa Management upped its position in Whirlpool Corporation (WHR) in the third quarter that ended in September 2014. The position accounts for 4.29% of the fund’s total third-quarter portfolio.

    By Samantha Nielson
  • uploads///LO
    Consumer

    Appaloosa Management starts new position in Lorillard

    Appaloosa Management initiated a new position in Lorillard Inc. (LO) in the third quarter that ended in September 2014. The position accounts for 1.25% of the fund’s total third-quarter portfolio.

    By Samantha Nielson
  • Financials

    6-month Treasury bill auctions see lowest coverage in over a year

    The U.S. Department of the Treasury auctioned Treasury bills (or T-bills) worth $88 billion in the week ending October 24. Although auction demand was higher in absolute terms, the bid-cover ratio dipped, and market demand was lower due to lower indirect bidding.

    By Phalguni Soni
  • Financials

    The implications of higher yields at the 10-year Treasury auction

    The ten-year Treasury (IEF) note auction is of great interest to stock and bond (BND) market participants. Ten-year Treasury yields are benchmarks for many interest rates, including mortgages (IYR)(VNQ) and equity risk premiums (QQQ).

    By Phalguni Soni
  • uploads///EXPE
    Consumer

    Appaloosa exits position in Expedia

    Appaloosa Management exited a position in Expedia, Inc (EXPE) in the third quarter that ended in September 2014. The position accounted for 0.99% of the fund’s total portfolio in the second quarter.

    By Samantha Nielson
  • uploads///
    Financials

    How insurers manage their capital requirements

    A company managing higher risk products must maintain a higher level of minimum capital compared to a company with a relatively lower level of risk.

    By Sean Millard
  • uploads///
    Basic Materials

    Underwriting profit: First leg of the profit machine

    An underwriting loss is not unusual for an insurance company. In a soft pricing environment, pricing of P&C products is low due to intense competition.

    By Sean Millard
  • uploads///
    Consumer

    How cost structures and distribution channels impact profit

    As customers use Internet-based aggregators to purchase insurance policies, insurers use online sales to interact directly with customers and reduce costs.

    By Sean Millard
  • uploads///
    Energy & Utilities

    How investment income drives profit

    The impact of interest rate movements is lower in the P&C segment, as their products can be repriced annually to keep in line with interest rate movements.

    By Sean Millard
  • uploads///
    Energy & Utilities

    How key drivers impact insurance sales

    For P&C insurers such as AIG and ACE, various mandatory requirements may drive sales of vehicle, workers’ compensation, and homeowners insurance.

    By Sean Millard
  • uploads///
    Financials

    The US insurance industry: Largest in the world

    Insurance premiums have grown at a modest pace after a dip in 2009 due to the financial crisis, which the industry was able to navigate.

    By Sean Millard
  • uploads///
    Energy & Utilities

    Life insurance, P&C insurance, and reinsurance

    P&C products have commoditized characteristics, resulting in sharp competition in the market and business cycles. AIG and ACE are key players in this space.

    By Sean Millard
  • uploads///
    Financials

    Making sense of an insurer’s liabilities

    Policyholder liabilities, or policyholder reserves, represent the future claims that may arise for the pool of policies the insurer writes.

    By Sean Millard
  • uploads///
    Financials

    How valuation of insurance companies works

    Financial market movements not only impact income from invested assets, but also the value of assets carried at fair value on an insurer’s balance sheet.

    By Sean Millard
  • uploads///
    Financials

    How insurers are targeting new growth avenues

    US insurance M&A activity picked up in 2014 after a two-year dip, as insurers try to capture growth opportunities in domestic and foreign markets.

    By Sean Millard
  • uploads///
    Financials

    Why should you invest in insurance ETFs?

    Insurance ETFs are poised to gain from industry growth. As interest rates improve, insurers should see better earnings due to higher investment returns.

    By Sean Millard
  • uploads///ESNt
    Consumer

    Why did George Soros open a new position in Essent Group?

    Essent Group Ltd. saw an IPO on October 31 2013 that raised $335 million. The company sold 19.7 million shares in the IPO at $17 per share.

    By Samantha Nielson
  • uploads///stock exchange _
    Earnings Report

    What’s behind Berkshire Hathaway’s 1Q18 Losses?

    Berkshire Hathaway announced its 1Q18 results on May 5. Buffett’s investment conglomerate posted a net loss of $1.1 billion, or $692 per share.

    By Robert Karr
  • uploads///featured image
    Company & Industry Overviews

    AIG: Who Were the Biggest Buyers?

    T. Rowe Price Associates purchased 8.6 million AIG shares, which was the biggest transaction among the top investors.

    By Rekha Khandelwal, CFA
  • uploads///
    Company & Industry Overviews

    Why Nokia Moved to Limit Its Exposure in Iran

    Nokia says that it won’t accept any new business in Iran in 2019, adding that its operations in the country this year will be limited to delivering on existing contracts.

    By Ruchi Gupta
  • uploads///crash __
    Earnings Report

    Why American International Group Inc. Is Down 3%

    American International Group Inc. (NYSE: AIG) is down about 3% following its Q2 2018 earnings release. Here’s what you need to know.

    By Joey Solitro
  • uploads///Insurance
    Earnings Report

    Lower Claims, Pricing, Reinsurance Key to Berkshire’s Insurance

    Berkshire Hathaway’s (BRK.B) Insurance segment saw subdued growth in the second half of 2017 on reinsurance losses.

    By Robert Karr
  • uploads///Insurance
    Company & Industry Overviews

    Declining Claims Could Help Berkshire Insurance in Second Quarter

    Berkshire Hathaway’s (BRK.B) Insurance segment has seen a volatile performance in the recent quarters owing to reinsurance losses and rising claims.

    By Robert Karr
  • uploads///Insurance
    Earnings Report

    Berkshire’s Insurance Segment Benefits From Fewer Claims

    In 1Q18, Berkshire Hathaway’s (BRK.B) insurance revenue fell YoY (year-over-year) to $14.6 billion from $22.9 billion.

    By Robert Karr
  • uploads///Ratings
    Financials

    How Wall Street Is Rating Berkshire Hathaway in 2018

    Among major conglomerates and managers (XLF), Berkshire Hathaway (BRK.B) has a next-12-month price target of $349,000.

    By Robert Karr
  • uploads///stock market _
    Earnings Report

    What to Expect from Berkshire Hathaway’s 1Q18 Earnings

    In this series, we’ll look into Berkshire Hathaway’s 1Q18 expected divisional performance along with a variety of other factors.

    By Robert Karr
  • uploads/// Mortgage
    Financials

    Bank of America Fined for Fraudulent ‘Masking’ Scheme

    The New York Attorney General fined Bank of America due to a fraudulent “masking” scheme in the bank’s electronic trading division.

    By Peter Barnes
  • uploads///analysts
    Company & Industry Overviews

    What Analysts Are Saying about American International Group

    In March 2018, American International Group (AIG) is being tracked by 18 analysts, seven of whom have suggested “holds” on the stock.

    By Raymond Anderson
  • uploads///ROA
    Company & Industry Overviews

    AIG Announces Changes in Leadership Positions

    On March 1, 2018, American International Group (AIG) announced that changes had been made to its leadership positions.

    By Raymond Anderson
  • uploads///ROIC
    Company & Industry Overviews

    What to Expect from the Insurance Industry in 2018

    Emerging markets such as China provide a great growth opportunity for property and casualty insurers.

    By Raymond Anderson
  • uploads///PS ratio
    Company & Industry Overviews

    AIG Canada Made the Top 100 Employers List

    AIG’s Canadian business unit, AIG Canada, announced on February 13, 2018, that it had made the list of Canada’s Top 100 Employers of the younger generation.

    By Raymond Anderson
  • uploads///Ratings
    Financials

    How Wall Street Analysts View Berkshire Hathaway

    Analysts assigned four “strong buy” or “buy” ratings out of six for Berkshire Hathaway in February 2018.

    By Robert Karr
  • uploads///EV to EBITDA
    Earnings Report

    Performance of Prudential Financial’s Life Planner Operations

    The Life Planner operations generated adjusted operating income of $1.49 billion in 2017 compared to $1.53 billion in 2016.

    By Raymond Anderson
  • uploads///analysts
    Earnings Report

    What Are Wall Street Analysts Saying about AIG?

    Of the 20 analysts that tracked AIG in January 2018, seven suggested a “strong buy,” and one rated the stock as a “sell.”

    By Raymond Anderson
  • uploads///Rel Val
    Earnings Report

    Understanding AIG’s Discounted Valuations after 4Q17

    Analysts gave a one-year target of $67.93 on AIG stock, which reflects an increase of 14.3% from its current price of $59.43.

    By Raymond Anderson
  • uploads///TD to EV
    Earnings Report

    Analyzing AIG’s General Insurance Segment’s Performance

    AIG’s International operations of its General Insurance segment posted an adjusted pretax loss of $399.0 million in 4Q17 compared to $441.0 million in 4Q16.

    By Raymond Anderson
  • uploads///Ins
    Earnings Report

    Analyzing AIG’s Institutional Markets Business Performance in 4Q17

    AIG’s Institutional Markets segment witnessed a marginal rise in its net investment income from $152.0 million in 4Q16 to $160.0 million in 4Q17.

    By Raymond Anderson
  • uploads///Life Ins
    Earnings Report

    What Helped AIG’s Life Insurance Segment in 4Q17?

    AIG’s Life Insurance segment garnered premiums and deposits of $963.0 million in 4Q17 compared to $911.0 million in 4Q16.

    By Raymond Anderson
  • uploads///Group Ret
    Earnings Report

    How AIG’s Group Retirement Segment Performed in 4Q17

    AIG’s Group Retirement segment’s assets under administration (or AUA) stood at $103.8 billion on December 31, 2017.

    By Raymond Anderson
  • uploads///Ind
    Earnings Report

    The Performance of AIG’s Individual Retirement Business

    In 4Q17, AIG’s pretax income stood at $474.0 million compared to $542.0 million in 4Q16.

    By Raymond Anderson
  • uploads///EV to sales
    Earnings Report

    Validus Acquisition: A Major Growth Opportunity for AIG

    AIG’s enterprise-value-to-sales ratio is ~1.6x on an LTM (last-12-months) basis.

    By Raymond Anderson
  • uploads///ian froome  unsplash
    Earnings Report

    AIG Misses Earnings Estimates in 4Q17 after Catastrophe Losses

    On February 9, American International Group (AIG) posted earnings per share of $0.57 in 4Q17, which missed the analysts’ estimate by $0.18.

    By Raymond Anderson
  • uploads///net incoe
    Earnings Report

    Here’s What’s behind Chubb’s Net Income in 4Q17

    Chubb’s (CB) net income in 4Q17 was $1.5 billion compared to $1.6 billion in 4Q16. It saw a rise in net premiums earned, from $7.1 billion in 4Q16 to $7.2 billion in 4Q17.

    By Raymond Anderson
  • uploads///DY
    Earnings Report

    Chubb’s Performance in 4Q17: Earnings, Revenues

    Chubb (CB) has reported 4Q17 EPS of $3.17, which exceeds analysts’ estimate by $0.88. The company’s core operating income in 4Q17 was $1.48 billion.

    By Raymond Anderson
  • uploads/// Returns
    Company & Industry Overviews

    Strong Earnings Propel Stocks into Unchartered Waters

    Last week, US stocks closed the week on a very strong note mainly driven by strong earnings growth. All 11 sectors in SPY reported positive earnings growth.

    By Peter Barnes
  • uploads///
    Financials

    Why Is US Debt So High?

    Most countries tend to issue debt to fund their deficits and keep paying interest on these borrowings. These revenues are generated through taxes from companies and individuals.

    By Ricky Cove
  • uploads///Insurance
    Earnings Report

    Underwriting May Help Berkshire’s Insurance Division

    Claims could subside The insurance sector (IYF) faced headwinds and losses in 3Q17 due to hurricanes across the US East Coast. Berkshire Hathaway (BRK.B), AIG (AIG), Prudential Financial (PRU), MetLife (MET), and other reinsurers faced headwinds and underwriting losses in 3Q17, which were partially offset by gains from debt and equity investments. In 4Q17, claims are […]

    By Robert Karr
  • uploads///div pri gro aig
    Financials

    What’s the Outlook for American International Group?

    American International Group’s dividend per share rose 58% in 2016 and was flat in 2017.

    By Amanda Lawrence
  • uploads///analysts
    Company & Industry Overviews

    Comparing AIG’s Ratings with Other Insurance Players

    Of 20 analysts tracking AIG, seven suggested a “strong buy,” nine recommended a “hold,” one suggested a “sell,” and three rated AIG stock as a “buy.”

    By Raymond Anderson
  • uploads///BVPS
    Company & Industry Overviews

    American International Group: New Chief Underwriting Officer

    In January 2018, Tom Bolt will become AIG’s chief underwriting officer. Bolt has more than 30 years of experience in the reinsurance and insurance industry.

    By Raymond Anderson
  • uploads///beta
    Company & Industry Overviews

    Behind AIG’s Life Insurance Division

    AIG’s Life Insurance division generated other income of $34.0 million in 9M17 versus $43.0 million in 9M16, which implies a substantial 21.0% fall.

    By Raymond Anderson
  • uploads///net income margin
    Company & Industry Overviews

    AIG’s Group Retirement Business Saw Rise in Premiums and Deposits

    In 9M17 and 9M16, American International Group’s (AIG) Group Retirement business garnered $21.0 million in premiums, reflecting no change.

    By Raymond Anderson
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