Insurance giant American International Group Inc. (NYSE:AIG) is likely to deliver strong earnings growth in the fourth quarter of 2013 as the company benefited from an easy comparison with a year-earlier period weighed down by Superstorm Sandy losses.
Tomahawk, WI 02/18/2014 (BasicsMedia) - Insurance giant American International Group Inc. (NYSE:AIG) delivered strong fourth quarter earnings that beat consensus estimates setting the company to an even fruitful F2014.
Meanwhile, among the equities in focus are Chinese Internet issues Baidu Inc (ADR) (NASDAQ:BIDU) and Sohu.com Inc (NASDAQ:SOHU), as well as insurance titan American International Group Inc (NYSE:AIG), which have all attracted the attention of ...
In my previous article regarding AIG, I argued that the public should not overreact to Benmosche's remarks and stated that the company is positioning itself to excel. After the bell closed last Thursday, American International Group presented its 4Q13 ...
American International Group has returned 80% over the last two years and has actually outperformed a variety of other Life and P&C insurance companies including large-cap peers Metlife (MET) which gained 30% and Prudential (PRU) which returned 38%.
Remembering a day before AIG ran into problems in the financial crisis, Sandler O'Neill's Paul Newsome says the insurer's competitive advantage was having a lower expense ratio than peers (while maintaining an average loss ratio).
The share price of American International Group (AIG) has experienced modest price weakness since reaching its 52-week high of $53.33 in October 2013, compared to an almost 6% gain for S&P 500 Index over the period.