SmartBrief > Publications > CFA Institute Financial NewsBrief > American International Group, Inc. Profile

American International Group, Inc.

News and overview for American International Group, Inc.

Tuesday's biggest gaining and declining stocks - MarketWatch
MarketWatch | 41 days 15 hours 25 minutes ago
Toolmaker Black & Decker issued a stunning earnings outlook Monday, but much of its boost comes from a tax break. It seems the one thing that everyone needs, sales growth, still proves elusive.


Chinatrust still looking to buy into Taiwan market - MarketWatch
MarketWatch | 21 days 2 hours 5 minutes ago
"We will not change this direction (of acquiring an insurer)," Chief Investment Officer Daniel IK Wu told an investor conference. He declined to provide other details or possible acquisition targets.


AIG swings to a third-quarter profit - MarketWatch
MarketWatch | 17 days 14 hours 36 minutes ago
AIG


Moody's: AIG should be able to repay US loan, preferred stock - MarketWatch
MarketWatch | 13 days 12 hours 6 minutes ago
AIG's shares climbed 3.3% to $37.39 after hours. The stock, which underwent a 1-for-20 reverse split earlier this year, has lost about 14% in the past year.


China Strategic plans fresh fundraising, hires new executives - MarketWatch
MarketWatch | 13 days 21 hours 19 minutes ago
(Adds China Strategic's financing plan.)


Critical Alerts for AIG, Palm, Yum! Brands, Netease.com, and Jones Apparel Released by Seven Summits Research [Press Release]
PRNewswire | 18 days 6 hours 42 minutes ago
...PriceWatch Alerts cover the following stocks: American International Group, Inc. , Palm, Inc. , Yum! Brands, Inc. , Netease.com Inc. , and Jones Apparel Group, Inc. . In today's unsure markets these...


N.Y. Fed head says new bank rules to limit banker - MarketWatch
MarketWatch | 41 days 8 hours 31 minutes ago
For instance, rules need to be developed that limit the ability of banks to pay dividends during a crisis, Dudley said.


PMSI Holdings Corporation Purchases Rights Under the Ronald A. Katz Technology Licensing, L.P. Patents [Press Release]
Business Wire | 24 days 16 hours 13 minutes ago
Ronald A. Katz Technology Licensing, L.P. announced today that PMSI Holdings Corporation, one of the world's largest pharmaceutical services companies serving the United States with headquarters in Tampa, FL, has entered into an agreement to purchase rights under the patent portfolio held by Ronald A. Katz Technology Licensing, L.P. and licensed through its affiliate, A2D, L.P.


MBIA weighs on sector; AIG sees repayment - MarketWatch
MarketWatch | 13 days 10 hours 37 minutes ago
The troubled insurance giant should be able to repay the federal government's senior secured loan and most or all of its preferred stock ownership if global financial markets continue to firm up. See full story.


Activision gives video-game stocks a boost - MarketWatch
MarketWatch | 17 days 7 hours 21 minutes ago
Overall, stocks in the video-game group have dropped over the past month, as investors have become more concerned about the industry's ability to ring up strong sales for the holiday shopping season after a sharp slump earlier in the year.


This gold stock is a flying turkey Chuck Jaffe - MarketWatch
MarketWatch | 17 days 9 hours 54 minutes ago
The Fed and the Bank of England are slowing down asset purchases as economic conditions improve. But, with government bond issuance hitting record levels, this week's rising bond yields could be just the beginning of a longer term trend.


AIG's Rescue Bedevils U.S.
Wall Street Journal, The | 1 hour 58 minutes ago
WASHINGTON -- Since becoming a ward of the state, giant insurer American International Group Inc. has had a powerful ally: the U.S. government.





 1  2  3  4  5  6  7  8  9 ...   Next >

6003 Results

Company Overview


Company: American International Group, Inc.
Industry: Property & Casualty Insurance
Website: http://www.aigcorporate.com

Even to this day American International Group (AIG) is one of the world's largest insurance firms. While it remains in the spotlight for staggering losses and government bailouts, the company's subsidiaries are still providing insurance. AIG is a leading US provider of property/casualty and specialty insurance to commercial, institutional, and individual customers. Internationally, the company provides reinsurance, life insurance and retirement services, asset management, and financial services (including financing commercial aircraft leasing) in more than 120 countries. The US government holds more than 80% of the company, and its future remains in a state of flux.


Key Numbers

Sales in U.S. Dollars (mil.) 11,104 (2008)
One-year % Growth in Sales -89.9 (2008)
Net Income in U.S. Dollars (mil.) -99,289 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 116,000 (2008)
One-year % Growth in Number of Employees 0.0 (2008)
Fiscal Year-End December