American International Group, Inc.
News and overview for American International Group, Inc.
AIG Reports Third Quarter 2009 Results [Press Release]
Business Wire | 1 day 17 hours 7 minutes ago
American International Group, Inc. (AIG) today reported a profit in the third quarter of 2009, as certain of its businesses continue to stabilize and the company’s results reflected positive market valuation changes.
Friday's biggest moving stocks - MarketWatch
MarketWatch | 1 day 15 hours 22 minutes ago
About two years ago, Starbucks ceased to be just a coffee shop. It suddenly found itself as an unwitting economic indicator.
Stocks in focus for Friday - MarketWatch
MarketWatch | 2 days 4 hours 38 minutes ago
Just how bad was October for retailers? Not even teens were spending.
Success for AIG? It depends. MarketWatch First Take - MarketWatch
MarketWatch | 1 day 12 hours 29 minutes ago
AIG's profit may suggest the rescue effort has been a success. It began by stemming the further collapse of financial institutions and endures through the profits reported by the survivors. In AIG alone, that has cost taxpayers $120.6 billion.
AIG post second consecutive profit, shares fall - MarketWatch
MarketWatch | 1 day 14 hours 55 minutes ago
Third-quarter net income swung to a third-quarter profit of $455 million, or 68 cents a share, from a loss of $24.5 billion, $181.02 a share, in the year-ago period.
AIG to Report Third Quarter 2009 Results on November 6, 2009 [Press Release]
Business Wire | 5 days 8 hours 3 minutes ago
American International Group, Inc. (AIG) will report its third quarter 2009 results before the market opens on Friday, November 6, 2009. AIG’s Quarterly Report on Form 10-Q, earnings release and financial supplement will be available in the Investor Information section of www.aig.com after the results are reported.
AIG swings to a third-quarter profit - MarketWatch
MarketWatch | 1 day 16 hours 38 minutes ago
AIG
Rail deal is double that of Buffett's next biggest - MarketWatch
MarketWatch | 4 days 7 hours 48 minutes ago
To find Buffett's next biggest deal, one has to go back to 1998, when the Oracle of Omaha spent $16.15 billion to acquire insurance firm General Re.
Critical Alerts for AIG, Palm, Yum! Brands, Netease.com, and Jones Apparel Released by Seven Summits Research [Press Release]
PRNewswire | 2 days 8 hours 44 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...
Activision gives video-game stocks a boost - MarketWatch
MarketWatch | 1 day 9 hours 23 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 | 1 day 11 hours 56 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.
G20 begins push for 'peer-review' program - MarketWatch
MarketWatch | 1 day 9 hours 23 minutes ago
This weekend, the leaders have sent their finance ministers and central bank governors to St. Andrews on the windy coast of Scotland to hammer out actual plans that would make these plans a reality.
Amazon has even more upside, broker says - MarketWatch
MarketWatch | 1 day 12 hours 29 minutes ago
That gave the stock another lift on Friday. Amazon shares were up more than 3% to $125 in morning trading.
More Government Sachs? Don't buy it. David Weidner's Writing on the Wall - MarketWatch
MarketWatch | 5 days 8 minutes ago
We suspect they cheat -- that they're too cozy with the government. We worry they rig the system, manipulate our leaders, have too much influence. They seem to own the stock exchange through wheeling and dealing and Capitol Hill through connections and campaign contributions.
Chinatrust still looking to buy into Taiwan market - MarketWatch
MarketWatch | 5 days 4 hours 6 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.
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 |