American International Group Inc. said it would commit to overhauling its underwriting and investment portfolios so they produce net-zero greenhouse gas emissions by 2050 as insurers move away from fossil fuels.
U.S. insurer American International Group said on Tuesday it would no longer provide underwriting services and investments for the construction of any new coal-fired power plants, thermal coal mines o
American International Group, I with ticker code (AIG) now have 13 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 80 and 50 with a mean TP of 67.54. Now with the previous closing price of 60.38 this would imply there is a potential upside of 11.9%. The 50 day MA is 59 and the 200 moving average now moves to 54.75. The company has a market cap of $51,460m. Visit the company website at: https://www.aig.com [stock_market_widget type="chart" template="basic" color="green" assets=AIG" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $57,562m based on the market concensus. American International Group offers insurance products for commercial, institutional, and individual customers in North America and internationally. The company''s General Insurance segment provides general liability, environmental, commercial automobile liability, workers'' compensation, casualty, and crisis management insurance products; commercial, industrial, and energy-related property insurance; and aerospace, political risk, trade credit, portfolio solutions, crop, and marine insurance.
This week a jury unanimously found that Conduent engaged in insurance fraud and bad faith in connection with the settlement--defenses to Conduent''s lawsuit. In the settled case, Texas had sued Conduent under the Texas Medicaid Fraud Prevention Act for $2 billion in civil penalties and treble damages for having allegedly misrepresented to Texas the… The post Mayer Brown Secures Favorable Jury Verdict for AIG in Insurance Fraud Dispute appeared first on InsuranceNewsNet .

5 Best Insurance Stocks To Buy As Interest Rates Rise

06:55pm, Friday, 25'th Feb 2022 Benzinga
The insurance business is a relatively stable industry within the broader economy, and insurance revenue and profits typically don't fluctuate significantly with the economic cycle. In addition to sel
… Read more American International Group’s 3 Day Down Streak Comes to an End The post American International Group’s 3 Day Down Streak Comes to an End appeared first on CFDTrading .

Lemonade (LMND) Q4 Earnings Miss Estimates, Revenues Beat

04:16pm, Thursday, 24'th Feb 2022 Zacks Investment Research
Lemonade's (LMND) Q4 results reflect improved gross earned premiums, driven by an increase in-force premium earned, and high operating expenses.

Radian Group (RDN) Beats on Q4 Earnings, Raises Dividend

04:33pm, Wednesday, 23'rd Feb 2022 Zacks Investment Research
Radian Group's (RDN) Q4 results reflect strong growth in the housing and real estate markets along with sustained demand for products and services.

American International picks new CFO

02:32pm, Wednesday, 23'rd Feb 2022 Seeking Alpha
American International (AMIH) board appointed Dr. Craig Hewitt, as CFO; he will commence service following the upcoming filing of the company''s Annual Report for the year ended Dec

Create enabling environment for youth development, former AIG urges states

01:38am, Wednesday, 23'rd Feb 2022 The Guardian Nigeria
Ministries of Youth and Sports Development across the country have been charged to formulate deliberate policies that will keep youths engaged at all times. The post Create enabling environment for youth development, former AIG urges states appeared first on The Guardian Nigeria News - Nigeria and World News .
An activist investor group is putting pressure on toy company Hasbro Inc (NASDAQ: HAS) to spinoff one of its fastest growing segment. Here are the details of the proposal and how it could be a good id

Access Bank, 20 years after

01:55am, Monday, 21'st Feb 2022 BusinessDay
This March marks twenty years since two young Nigerian bankers Aigboje Aig-Imoukhuede and Herbert Wigwe bought a small, nondescript bank and turned it into one of the biggest lenders in the country with subsidiaries across Africa, Europe and Asia. It was on March 22, 2002, that the two, both aged 37, walked into Plot 1669 Oyin Jolayemi Street, Victoria Island, Lagos which was then the corporate headquarters of the bank to assume duty and full control as the Managing Director and Deputy Managing Director. The acquisition process had taken about two years and entailed rigorous negotiations, sleepless hours of paperwork and long meetings. It was one of the most audacious takeovers in the history of the nations financial industry. The phenomenal growth of Access Bank in the last two decades has become a very inspiring success story. Aig-Imoukhuede has since written a book on the transaction, and I will like to, once again, recommend it to our young entrepreneurs for the useful lessons therein.
Cautionary Statement Regarding Forward-Looking Information. This Annual Report on Form 10- K and other publicly available documents may include, and officers and representatives of AIG may from time to time make and discuss, statements which, to the extent they are not statements of historical or present fact, may constitute "forward looking statements"… The post AMERICAN INTERNATIONAL GROUP, INC. – 10-K – | Management''s Discussion and Analysis of Financial Condition and Results of Operations appeared first on InsuranceNewsNet .

Gold stocks, Roblox, Tesla, AIG, big banks

05:46pm, Thursday, 17'th Feb 2022 Reuters
U.S. stocks slumped more than 1% on Thursday, with investors scurrying to the safety of bonds and gold as tensions between Washington and Moscow heated up and a Russian invasion of Ukraine was seen imminent by U.S. President Joe Biden.

American International Group (AIG) Q4 2021 Earnings Call Transcript

05:30pm, Thursday, 17'th Feb 2022 The Motley Fool
AIG earnings call for the period ending December 31, 2021.
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