XETRA - Delayed Quote • EUR American International Group, Inc. (AINN.DE) Follow Compare 72.00 0.00 (0.00%) At close: January 23 at 5:35:56 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Should You Invest in the Invesco KBW Property & Casualty Insurance ETF (KBWP)? Sector ETF report for KBWP AIG to Report Fourth Quarter and Full Year 2024 Financial Results on February 11, 2025 and Host Conference Call on February 12, 2025 NEW YORK, January 21, 2025--American International Group, Inc. (NYSE: AIG) will report financial results for the fourth quarter and full year ended December 31, 2024, after the market closes on Tuesday, February 11, 2025. AIG’s press release and financial supplement will be available in the Investors section of AIG’s website at https://www.aig.com. Los Angeles wildfires likely to trigger record insured losses, Morningstar says Investing.com -- The Los Angeles wildfires are projected to cause up to $30 billion in insured losses, surpassing the $12.5 billion record set by the 2018 Camp Fire, Morningstar said. . Southern California Edison parent's stock falls amid investigation, lawsuit over alleged role in LA wildfires Edison International — the parent company of the utility Southern California Edison — has seen its stock remain under pressure as lawsuits begin over its potential role in the fires that have ravaged parts of Southern California. India’s AIG Hospitals to invest $92m in proton therapy system The hospital chain has entered into an agreement with IBA, a Belgian company specialising in proton therapy solutions. There Is a Safety Valve for Private Home Insurance in California A segment of the property-insurance market has shifted away from standard policies toward more bespoke offerings from insurers. Allstate Stock, Other Insurers Fall as Firefighters Begin Containing L.A. Fires. Record Losses Are Expected. Shares in Mercury, a publicly-owned insurer highly exposed to California, crashed ahead of Friday's opening bell. California fires spark insurance crisis, projected losses of $150B Five wildfires are still burning in Southern California, spreading to nearly 30,000 acres and destroying over 10,000 homes and businesses. While losses from the fires are expected to reach $150 billion, according to AccuWeather, these events are presenting a serious challenge for the insurance industry, particularly homeowners insurance in the region. CFRA Equity Research Vice President Cathy Seifert joins Morning Brief to uncover the impact this natural disaster event could pose for the broader insurance industry; major insurance stocks like Allstate (ALL), the Travelers Companies (TRV), Chubb (CB), Mercury (MCY), and American International Group (AIG) have been falling amid the increasing severity of the fires. “The insurance industry does have the capacity to address these claims. The issue, though, is a crisis of availability for homeowners in California,” she says, highlighting the distinction between economic losses and insured losses. Seifert transitions into the challenges in insurance availability due to climate change and regulatory shifts, especially in California. “Well, climate change, which we have an incoming administration that doesn't want to address, is going to increase or decrease the availability of an insurance, increase the crisis of availability, the protection gap, and ultimately the cost of climate change are inflationary as it relates to the California insurance market, interestingly enough,” she explains. Also, catch Yahoo Finance interview Susman Insurance Services President Karl Susman, who offers insurance advice for victims of the Los Angeles fires seeking to file claims. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Josh Lynch Berkshire Hathaway’s Losses From L.A. Fires Should Be Small. Which Insurers Are More Exposed. Berkshire it isn’t a major homeowners insurer in California. It’s is a sizable auto insurer in the state through its Geico unit but auto insurers aren’t expected to suffer substantial losses. AIG names Christopher Flatt as chief underwriting officer AIG commercial lines programmes EVP and Glatfelter Insurance Group president Erin Fry will succeed Flatt as head of AIG North America alternative channels. Here's Why You Should Retain American International Stock for Now AIG remains well-poised for growth on the back of strong retention rates in the General Insurance segment. Divestitures and cost-cutting initiatives drive margins. AIG Appoints Christopher Flatt Global Chief Underwriting Officer NEW YORK, January 09, 2025--American International Group, Inc. (NYSE: AIG) today announced that Christopher Flatt, currently Head of AIG North America Alternative Channels, has been named Global Chief Underwriting Officer, effective immediately. Mr. Flatt will report directly to Peter Zaffino, Chairman & Chief Executive Officer, AIG and join the company’s Executive Leadership Team. Private Client Select Appoints Ross Bowie as Chief Executive Officer NEW YORK, January 08, 2025--Private Client Select Insurance Services LLC (PCS), a leading independent Managing General Underwriter that is majority owned by Stone Point Capital LLC and American International Group, Inc. (NYSE: AIG), today announced that Ross Bowie has been appointed Chief Executive Officer, effective immediately. American International Group Inc (NYSE:AIG): A Bullish Investment Perspective We came across a long thesis on American International Group Inc (NYSE:AIG) on ValueInvestorsClub by unlatchmergers. In this article we will summarize the bulls’ thesis on AIG. The company’s shares were trading at $75.38 when this thesis was published, vs. closing price of $72.59 on Jan 7th. American International Group Inc (NYSE:AIG) is one of […] Tata AIG names Amit Ganorkar as new CEO Ganorkar succeeds Neelesh Garg, following the approval from Tata AIG's board of directors. Why Is American International Group, Inc. (AIG) Among Diamond Hill Capital’s Top Stock Picks? We recently compiled a list of the Diamond Hill Capital’s Top 10 Stock Picks. In this article, we are going to take a look at where American International Group, Inc. (NYSE:AIG) stands against Diamond Hill Capital’s other stock picks. Heather Brilliant’s Diamond Hill Capital is a Columbus, Ohio-based investment management firm founded in 1997 by Ric Dillon, […] Are American International Group, Inc.'s (NYSE:AIG) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness? American International Group (NYSE:AIG) has had a rough month with its share price down 4.9%. However, the company's... AIG announces launch of new reinsurance syndicate at Lloyd’s Syndicate 2478 has an approved stamp capacity of $715m for the 2025 year of account. AIG Leads Launch of Syndicate 2478 at Lloyd’s Through Multi-Year Blackstone Strategic Relationship NEW YORK, December 13, 2024--American International Group, Inc. (NYSE: AIG) today announced that it has led the launch of a new reinsurance syndicate at Lloyd’s. Syndicate 2478 will commence underwriting from January 1, 2025, and will be a multi-year participant on AIG’s outwards reinsurance program. AIG Announces Results and Upsizing of Its Tender Offers for Certain Outstanding Notes NEW YORK, December 13, 2024--American International Group, Inc. (NYSE: AIG) today announced the results of its previously announced 12 separate offers (the "Offers") to purchase for cash the notes of the series listed in the table below (collectively, the "Notes") and that it has amended the Offers by increasing the applicable Maximum Purchase Consideration from $750 million to $1.16 billion. The Offers were made pursuant to AIG’s Offer to Purchase, dated December 6, 2024 (the "Offer to Purchase Performance Overview Trailing total returns as of 1/24/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return AINN.DE S&P 500 YTD +4.00% +3.29% 1-Year +15.56% +25.42% 3-Year +44.65% +38.73%