American International Group, Inc. (AIG) Stock

About American International Group, Inc.

American International Group, Inc. (AIG) is a global insurance provider, delivering a broad spectrum of insurance solutions to commercial, institutional, and individual clients across North America and worldwide. Its General Insurance division encompasses a wide range of coverages, including general liability, environmental protection, commercial auto liability, workers' compensation, casualty, and crisis management. This segment also covers property risks for commercial, industrial, and energy sectors, with further specialized offerings such as aerospace, political risk, trade credit, portfolio solutions, crop, and marine insurance policies. Additionally, AIG supplies professional liability coverage for various business operations and potential hazards, such as directors and officers (D&O), mergers and acquisitions (M&A), fidelity bonds, employment practices, fiduciary liability, cyber risk, kidnap and ransom, and errors and omissions (E&O) insurance. The General Insurance segment extends to personal lines, featuring policies for automobiles, homes, and umbrella coverage, alongside specialized options for yachts, fine art, and valuable collections. It also includes voluntary and employer-sponsored personal accident and supplemental health plans, extended warranty protection, and travel insurance. AIG's Life and Retirement division focuses on providing a variety of annuity products such as variable, index-linked, and fixed annuities, as well as retail mutual funds. This segment also delivers financial planning and advisory services, in addition to comprehensive record-keeping, plan administration, and compliance support, along with both term and universal life insurance policies. Furthermore, it offers stable value wrap products, structured settlement annuities, and pension risk transfer solutions. Corporate-owned and bank-owned life insurance, alongside guaranteed investment contracts, complete its diverse portfolio. Distribution of these products occurs through a network of independent marketing organizations, independent insurance agents, financial advisors, direct marketing channels, banks, and broker-dealers. Established in 1919, the company maintains its headquarters in New York, New York.

American International Group, Inc. is led by CEO Peter Salvatore Zaffino, employs 22,200 people, headquartered in New York City, US, publicly traded since 1973.

American International Group, Inc. (AIG) stock trades at $79.69 with a market capitalization of $42.25B. The stock is valued at a price-to-earnings (P/E) ratio of 13.44, price-to-book of 1.01, price-to-sales of 1.51. Over the past 52 weeks the stock has ranged between $71.25 and $87.29, and currently trades 8.7% below its 52-week high. It pays a dividend yielding 2.36%.

On profitability, American International Group, Inc. generates a return on equity (ROE) of 7.72%, return on capital employed of 9.42%, an operating margin of 14.49%, a net profit margin of 11.86%.

In its most recent fiscal year, American International Group, Inc. reported annual revenue of $26.8B, net profit of $3.1B, revenue has compounded at -9.4% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 0.23 — a conservative balance sheet with little leverage risk, a current ratio of 0.85, total assets of $161.3B, $1.3B in cash and equivalents.

AIG has an average daily trading volume of 4,477,127 shares, a beta of 0.54 (less volatile than the overall market).

Official website: www.aig.com