|Day's Range||7.40 - 7.47|
MetLife (MET) inscribes a deal to transfer risks related to its U.S. retail life insurance and fixed annuity products to Global Atlantic. It also announces a $1 billion buyback capacity increase.
American International Group (AIG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
AIG plans to divest specific businesses within Validus Holdings to RenaissanceRe, thereby reflecting keen efforts to accelerate the growth of its core General Insurance unit.
Value investing is essentially about selecting stocks that are cheap but fundamentally sound. Unum Group (UNM), General Motors (GM), American International Group (AIG) and Park Hotels & Resorts (PK) boast low P/CF ratios.
Insurer RenaissanceRe Holdings Ltd said on Monday it would buy AIG's treaty reinsurance business, which includes Validus Reinsurance Ltd and its consolidated subsidiaries, in a deal valued at nearly $3 billion. The deal terms include about $2.74 billion in cash and $250 million of RenaissanceRe common shares, the companies said in their statements. Shares of AIG were up 0.4% in extended trading, while RenaissanceRe stock was flat.
The deal terms include about $2.74 billion in cash and $250 million of RenaissanceRe common shares, the companies said in their statements. Shares of AIG were up 0.4% in extended trading, while RenaissanceRe stock was flat. The insurance sector continues to see dealmaking activity as companies take advantage of defensive business models that fare better in times of economic uncertainty.
NEW YORK, May 22, 2023--American International Group (NYSE: AIG) today announced that it has entered into a definitive agreement to sell Validus Re, including AlphaCat and the Talbot Treaty reinsurance business, to RenaissanceRe Holdings Ltd. (NYSE: RNR) ("RenaissanceRe") for $2.985 billion, consisting of $2.735 billion in cash and $250 million in RenaissanceRe common shares. In addition, AIG will receive all capital in excess of $2.1 billion of shareholders’ equity of Validus Re and achieve fut
The board of American International Group, Inc. ( NYSE:AIG ) has announced that it will be paying its dividend of $0.36...
Barnes Group, International Group, ArcelorMittal, KB Home and Pampa Energia are part of the Zacks Screen of the Week article.
The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like B, AIG, MT, KBH and PAM hold promise.
American International (AIG) rewards its shareholders with $603 million in repurchases and dividends worth $241 million in 1Q23.
Prudential Financial (PRU) is well-poised to gain on the back of business growth, lower expenses and cost-saving initiatives and a solid financial position.
American International Group (NYSE:AIG) has had a rough three months with its share price down 15%. However, stock...
Here are five stocks that meet our screening criteria - CAH, BYD, F, NXPI, AIG.
American International Group, Inc. ( NYSE:AIG ) shareholders might be concerned after seeing the share price drop 14...
The mean of analysts' price targets for American International Group (AIG) points to a 28.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
American International Group, Inc. ( NYSE:AIG ) has announced that it will be increasing its dividend from last year's...
Here is your Pro Recap of the biggest fresh dividend hikes/suspensions and special dividends you may have missed last week: hikes at Apple, Pepsico , and AIG; a special dividend at LMP Automotive; a dividend suspension at Enviva; and an 80% payout cut at Paramount. Apple (NASDAQ:AAPL) hiked its dividend by 4.3% to $0.24 per share, or $0.96 annualized, for an annual yield of 0.6%. The dividend will be payable on May 18, 2023, to stockholders of record on May 15, 2023, with an ex-dividend date of May 12, 2023.
American International Group ( NYSE:AIG ) First Quarter 2023 Results Key Financial Results Revenue: US$11.2b (down 29...
Q1 2023 American International Group Inc Earnings Call
Business generation and higher retention levels support American International's (AIG) North America Commercial Lines business.
Corebridge, which listed on the stock market in September last year after a multi-year effort by AIG to separate the business, has seen its shares drop by more than 20% since going public. "We remain committed to reducing our ownership interest in Corebridge and will explore other options that are aligned with the best interest of shareholders," CEO Peter Zaffino told analysts on an earnings call.
American International Group (AIG) delivered earnings and revenue surprises of 13.99% and 9.08%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
American International Group Inc beat market estimates for first-quarter profit on Thursday, as record underwriting gains cushioned the blow from lower alternative investment returns. AIG, one of the world's biggest commercial insurers, said net premiums written in its general insurance for the quarter ended March grew 5% to $6.97 billion. Total consolidated net investment income rose 9% to $3.5 billion, partially offset by lower alternative investment income, AIG said.