AIG Stock Recent News

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AIG's definitive agreement to sell its global personal travel insurance business to Zurich is expected to free up capital.

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has entered into a definitive agreement to sell its global individual personal travel insurance and assistance business to Zurich Insurance Group for $600 million in cash plus additional earn-out consideration. The agreement includes the Travel Guard business and its servicing capabilities, excluding Japan and our AIG joint venture arrangement in India. Travel coverages offered through AIG's Accide.

American International Group's stock (NYSE: AIG) has gained around 9% YTD, while the S&P500 is up 15% over the same period. Notably, American International Group's peer Travelers (NYSE: TRV) is also up 9% YTD.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does American International Group (AIG) have what it takes?

MetLife, American International, Prudential Financial, The Hartford Financial and Old Republic International have been highlighted in this Industry Outlook article.

Better pricing, product redesigns, technological advancement, high inflation and interest rate rise are expected to aid multiline insurers like MET, AIG, PRU, HIG and ORI.

AIG now owns around 48.35% of Corebridge's common stock.

Kelowna, British Columbia--(Newsfile Corp. - June 10, 2024) - Genesis AI Corp. (CSE: AIG) (OTCQB: AIGFF) (the "Company") is pleased to announce the release of their wildfire tool, Wildfire Defence Solutions, using a custom GPT and machine learning. Image 1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8053/212070_26a0271654506a56_002full.jpg Wildfire Defence Solutions is the first release of a developing suite of the highest quality software that cities, towns, resorts, developers and governments can use to defend against wildfire.

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the closing of its secondary offering of shares of Corebridge Financial, Inc. (NYSE: CRBG) common stock. AIG, as the selling stockholder, sold 30 million existing shares of common stock (out of approximately 608 million total shares of common stock outstanding) of Corebridge Financial at a public offering price of $29.20 per share, which included a 30-day option to the underwriter to purchase up to an addi.