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American International Group (AIG) reported earnings 30 days ago. What's next for the stock?
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Peter Zaffino, AIG Chairman & Chief Executive Officer, will participate in a fireside chat at the 2024 KBW Insurance Conference on Wednesday, September 4, 2024, at 4:20 p.m. ET. A link to the live, audio webcast will be available in the Investors section of AIG's website: https://www.aig.com. A replay will be available afterward at the same location. About AIG American International Group, Inc. (N.
Investors are shaken up after last week's volatility in the stock market, which rocked indexes from Tokyo to New York. This left all participants with the concern that more could be coming in the following weeks.
AIG's second-quarter results are affected by higher global catastrophe losses. This was partially offset by improved net investment income.
American International Group, Inc. (NYSE:AIG ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Quentin McMillan - VP, Managing Director & Head of IR Peter Zaffino - Chairman & CEO Sabra Purtill - EVP & CFO| Don Bailey - EVP & CEO, North America Insurance Jon Hancock - EVP & CEO, International Insurance Conference Call Participants Michael Zaremski - BMO Capital Markets Meyer Shields - KBW Elyse Greenspan - Wells Fargo Securities Rob Cox - Goldman Sachs Mike Ward - Citigroup Operator Good day, and welcome to AIG's Second Quarter 2024 Financial Results Conference Call. This conference is being recorded.
The headline numbers for American International Group (AIG) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
American International Group (AIG) came out with quarterly earnings of $1.16 per share, missing the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.75 per share a year ago.
American International Group reported a smaller-than-expected rise in second-quarter profit on Wednesday, hurt by lower underwriting income in its general insurance unit tied to divestitures and higher catastrophe losses.
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the second quarter ended June 30, 2024. AIG Chairman & Chief Executive Officer Peter Zaffino said: “AIG had an outstanding second quarter and delivered terrific underwriting results across all of our businesses. The quarter marked one of the most notable accomplishments in AIG's history with the deconsolidation of Corebridge, a process which began in 2020 and significantly advanced.
The recent CrowdStrike (NASDAQ: CRWD ) outage may be bad news for CRWD stock, but it may be a different story for cyber insurance stocks. In other words, shares in property and casualty (P&C) insurance companies that offer cyber insurance products.