American International Group (AIG)


SKU: AIG-2 Category:


American International Group (AIG): What Has Been Their Path to Value Creation Post-Financial Crisis?


American International Group Inc. (AIG) reported a solid performance for the first quarter of 2024, showing significant improvements. Peter Zaffino, the company’s Chairman and CEO, remarked on the steady growth witnessed this year, with the report indicating a 9% year-on-year increase in adjusted after-tax income, seeing it to $1.2 billion or $1.77 per diluted common share. Some key factors driving this growth include the expansion of AIG’s operations, particularly via its General Insurance underwriting segment, which experienced a 19% year-over-year increase, translating to underwriting income of $596 million in Q1 2024. Alongside this, the combined ratio showed a positive improvement of 30 basis points year-over-year. Furthermore, the income generated from net investment on an adjusted pretax income basis marked an increase of 13%, standing at $3.5 billion. The reduction in catastrophe-related losses also positively impacted the profits, declining by 230 basis points year-overyear.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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