|Bid||61.11 x 600|
|Ask||61.12 x 700|
|Day's Range||60.93 - 61.30|
|52 Week Range||57.85 - 67.45|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 8, 2018|
|Forward Dividend & Yield||1.28 (2.10%)|
|1y Target Est||67.44|
Berkshire Hathaway (BRK.B) continues to garner higher expectations for its operating performance. Berkshire is expected to post EPS (earnings per share) of $2,633 in 4Q17, marginally lower than 4Q16’s $2,665 and a substantial improvement from 3Q17. The rise is expected due to lower losses in the insurance space and growth by BNSF Railway and the manufacturing sector. Earnings before taxes for Berkshire’s service, manufacturing, and energy divisions and BNSF Railway rose 1%–9% year-over-year in 3Q17.
American International Group, Inc. today announced that Lex Baugh, CEO of North America General Insurance, and Gaurav D. Garg, CEO of Global Personal Insurance, will present at the Consumer Electronics Show in Las Vegas, Nevada, on Monday, January 8, 2018, from 3:30 – 4:30 p.m.
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.”
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.
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.
American International Group's (AIG) Personal Insurance division reported net premiums earned of $8.3 billion in 9M17 compared to $8.5 billion in 9M16, reflecting a 2.0% fall.
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.
In 9M17 and 9M16, American International Group's (AIG) Group Retirement business garnered $21.0 million in premiums, reflecting no change.
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%.
American International Group’s (AIG) Liability and Financial Lines business saw a decline in net premiums earned to $6.5 billion in 9M17 from $8.1 billion in 9M16, reflecting a 20.0% fall.
With a U.S. rate hike on the horizon, shares of Toronto-Dominion Bank (TSX:TD)(NYSE:TD) may be the best way for Canadian investors to benefit from higher U.S. interest rates.
American International Group, Inc. today announced a new cyber benchmarking model that quantifies and scores client cyber risk.
American International Group, Inc. today announced that in accordance with the terms of the outstanding warrants to purchase shares of AIG Common Stock, par value $2.50 per share, the Warrant exercise price will be reduced to $44.0005 per share from $44.1299 per share and the number of shares of AIG Common Stock receivable upon Warrant exercise will increase to 1.023 from 1.020.
American International Group Inc. said Tuesday it has named Tom Bolt as chief underwriting officer for general insurance, effective January. Bolt, who will join AIG from Berkshire Hathaway Specialty Insurance ...
American International Group, Inc. today announced that Tom Bolt will join the company as Chief Underwriting Officer, General Insurance. He will be responsible for developing a global framework for underwriting standards, authority and structure that is aligned with AIG’s overall risk appetite.
Wall Street analysts have revised their price target for Berkshire Hathaway (BRK.B) to $300,900 over the next 12 months (or NTM).
Investors need to pay close attention to American International Group (AIG) stock based on the movements in the options market lately.
American International Group, Inc. , announced today the launch of Assured Edge Income Builder-NY, a new fixed annuity product issued by The United States Life Insurance Company in the City of New York.
AIG looks unattractive due to its underperforming Commercial Insurance segment. Despite fast-paced reforms undertaken, we choose to wait and see until the stock rebounds to take a profitable turn.