American International Group (AIG)


SKU: AIG Category:


AIG delivered mixed results for the previous quarter, with revenues well below analyst expectations, but managed an earnings beat. In the third quarter, AIG continued to achieve remarkable results, demonstrating significant progress in strategic, operational, and financial objectives across the organization. They had adjusted after-tax income of $1.2 billion, a 92% YoY increase, and consolidated net investment income reaching $3.3 billion, a 29% YoY increase. In General Insurance, net premiums written grew by 9%, with underwriting income improving over 250% to $611 million. The Life and Retirement business also showcased robust performance. A significant achievement was the successful closure of the Validus Re sale to RenaissanceRe, providing AIG with a total consideration of $3.3 billion in cash. They also expressed confidence in their ability to maintain a 10%-plus return on common equity post-Corebridge deconsolidation. In conclusion, AIG’s leadership team outlined its strategic achievements, operational enhancements, and ongoing commitment to simplifying the business model. They also disclosed that Aviva intends to acquire AIG Life Limited from Corebridge Financial. The successful Validus Re transaction, disciplined underwriting, and robust capital management position AIG for sustained growth and profitability.

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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