- The Wall Street Journal•yesterday
American International Group said it would pay Warren Buffett’s Berkshire Hathaway roughly $10 billion to take responsibility for some AIG insurance claims if they run unexpectedly high, one of the largest-ever ...
- Reuters•2 days ago
American International Group Inc (AIG.N) has agreed to pay roughly $10.2 billion to Warren Buffett's Berkshire Hathaway Inc (BRKa.N) to take on many long-term risks on U.S. commercial insurance policies it has already written. Berkshire's National Indemnity Co unit, led by Buffett's reinsurance chief Ajit Jain, will take on 80 percent of net losses in excess of the first $25 billion, with a maximum liability of $20 billion.
- TheStreet.com•2 days ago
The price tag looks steep, but the coverage resolves investor worries about the adequacy of AIG's reserves, says CFRA analyst Cathy Seifert.
AIG : Summary for American International Group, I - Yahoo Finance
American International Group, Inc. (AIG)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||66.26 - 67.45|
|52 Week Range||48.41 - 67.47|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-231.85|
|Dividend & Yield||1.28 (1.92%)|
|1y Target Est||N/A|