AIG Stock Recent News

CNBC's Contessa Brewer reports on how persisent inflation has been hitting insurance companies.

Higher premiums and deposits in the Life and Retirement unit, and reduced catastrophe losses aid AIG's Q1 results. Management sanctions an increase of up to $10 billion in its buyback authorization.

American International Group, Inc. (NYSE:AIG ) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Quentin McMillan - Vice President, Managing Director and Head of Investor Relations Peter Zaffino - Chairman and Chief Executive Officer Sabra Purtill - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Zaremski - BMO Capital Markets Elyse Greenspan - Wells Fargo Securities Ryan Tunis - Autonomous Research Robert Cox - Goldman Sachs Michael Ward - Citigroup Operator Good day and welcome to AIG's First 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 March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

AIG's first-quarter results are likely to reflect a decline in premiums and growth in net investment income.

Beyond analysts' top -and-bottom-line estimates for American International Group (AIG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

American International Group (AIG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

American International Group stock has increased by over 48% in the past year, indicating market confidence in the company. This reflects substantial improvements in their underwriting for property casualty over the past decade. With more improvements to come, focused buybacks, and steady dividends, AIG is poised to be a solid compounder for long-term investors.

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) will report financial results for the first quarter ended March 31, 2024, after the market closes on Wednesday, May 1, 2024. AIG's press release and financial supplement will be available in the Investors section of AIG's website at https://www.aig.com. AIG will also host a conference call on Thursday, May 2, 2024, at 8:30 a.m. ET to review these results. The live, listen-only webcast is open to the public and can be acce.

Better pricing, product redesigns, technological advancement and an improvement in the rate environment are expected to aid multiline insurers like MET, AIG, PRU, HIG and AIZ.