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American International Group Inc Stock Research

AIG

50.19USD+2.55(+5.35%)Delayed

Market Summary

USD50.19+2.55
Delayed
5.35%

AIG Alerts

AIG Stock Price

AIG RSI Chart

AIG Valuation

Market Cap

38.3B

Price/Earnings (Trailing)

3.73

Price/Sales (Trailing)

0.68

EV/EBITDA

1.78

Price/Free Cashflow

9.1

AIG Price/Sales (Trailing)

AIG Profitability

EBT Margin

25.31%

Return on Equity

25.69%

Return on Assets

1.95%

Free Cashflow Yield

10.99%

AIG Fundamentals

AIG Revenue

Revenue (TTM)

56.4B

Revenue Y/Y

-17.75%

Revenue Q/Q

-20.65%

AIG Earnings

Earnings (TTM)

10.3B

Earnings Y/Y

-92.77%

Earnings Q/Q

-90%

Price Action

52 Week Range

46.6365.33
(Low)(High)

Last 7 days

-16.4%

Last 30 days

-22.6%

Last 90 days

-22.9%

Trailing 12 Months

-17.1%

AIG Financial Health

Debt/Equity

0.04

Debt/Cashflow

2.3

AIG Investor Care

Dividend Yield

0.64%

Dividend/Share (TTM)

0.32

Buy Backs (1Y)

10.52%

Diluted EPS (TTM)

13.01

Peers (Alternatives to American International Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
83.5B
49.6B
-3.33% 25.86%
115.74
1.68
4.00% -78.47%
40.0B
36.9B
-11.25% -6.12%
14.06
1.08
5.94% -22.39%
38.3B
56.4B
-22.60% -17.13%
3.73
0.68
8.41% 9.46%
29.5B
51.4B
-18.97% -12.44%
-20.82
0.57
1.63% -195.35%
24.8B
12.1B
-11.42% 23.49%
41.48
2.05
1.63% -56.71%
23.3B
22.4B
-16.76% -3.54%
11.93
1.05
-0.13% -23.26%
11.4B
6.8B
0.57% 29.95%
32.11
0.97
-36.57% -61.35%
10.2B
7.0B
-13.98% -9.38%
11.39
1.45
7.45% -54.99%
MID-CAP
8.6B
6.3B
-14.12% 28.23%
-8.11
1.36
21.94% -2542.77%
4.0B
-
-8.96% -17.12%
-4.13
4.2
-80.45% -283.49%
SMALL-CAP
1.4B
1.4B
-7.46% -16.42%
-543.45
1.02
3.97% -101.82%
1.4B
327.1M
6.70% -11.03%
26.51
4.23
39.88% 13.79%
1.0B
1.1B
-7.52% -28.26%
-2.5K
0.91
-1.58% -100.28%
812.7M
813.7M
-5.54% 1.51%
26.24
1
5.28% 117.92%

Financials for American International Group

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-4.2%56,43758,93857,17153,41152,057
  S&GA Expenses5.2%9,1958,7418,8888,8838,790
EBITDA-19.4%20,25525,12023,49519,089-
EBITDA Margin-15.8%0.36*0.43*0.41*0.36*-
Earnings Before Taxes-25.0%14,28219,05117,38013,20612,099
EBT Margin-21.7%0.25*0.32*0.30*0.25*-
Interest Expenses1.5%1,1251,1081,1541,2261,305
Net Income-25.3%10,27613,75112,7099,7729,388
Net Income Margin-22.0%0.18*0.23*0.22*0.18*-
Free Cahsflow-7.2%4,2074,5334,1005,696-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.7%526,634522,932538,938573,513596,112
    Cash Equivalents-11.2%2,2162,4962,7282,7292,427
Liabilities0.5%484,399481,931492,114515,410527,200
.    Short Term Borrowings-0.1%1,5001,502---
  Long Term Debt-4.8%1,7821,871---
Shareholder's Equity2.5%40,00239,02346,82458,10365,956
  Retained Earnings0.1%33,03233,00930,55027,76423,785
  Additional Paid-In Capital0.0%80,28480,30181,67981,62081,851
Shares Outstanding-3.5%763791816--
Minority Interest12.9%2,2331,9781,4802,1592,956
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-7.2%4,2074,5334,1005,6966,279
  Share Based Compensation3.6%288278---
Cashflow From Investing-38.3%-3,626-2,621899-3,932-3,280
Cashflow From Financing73.4%-676-2,546-5,228-2,216-3,735
  Dividend Payments-2.8%9821,0101,0391,0651,083
  Buy Backs-2.6%5,2005,3395,1053,6242,592

Risks for AIG

What is the probability of a big loss on AIG?

59.6%


Probability that American International Group stock will be more than 20% underwater in next one year

38.5%


Probability that American International Group stock will be more than 30% underwater in next one year.

22.3%


Probability that American International Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AIG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if American International Group was unfortunately bought at previous high price.

Drawdowns

Returns for AIG

Cumulative Returns on AIG

4.2%


10-Year Cumulative Returns

1.0%


7-Year Cumulative Returns

21.6%


3-Year Cumulative Returns

What are the long-term rolling returns for AIG?

FIve years rolling returns for American International Group.

Annualized Returns

Which funds bought or sold AIG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-13.61
76,702
597,702
0.02%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
7.26
6,450,640
21,499,600
0.02%
2023-03-10
MATHER GROUP, LLC.
added
9.11
160,734
516,734
0.01%
2023-03-06
Rockefeller Capital Management L.P.
added
0.32
1,600,000
6,356,000
0.03%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
9,486
9,486
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
reduced
-5.95
1,992
9,992
0.01%
2023-03-01
Lakewood Asset Management LLC
new
-
910,000
910,000
0.74%
2023-02-28
Voya Investment Management LLC
added
15.56
11,755,500
33,559,500
0.05%
2023-02-27
Parallax Volatility Advisers, L.P.
new
-
3,198,300
3,198,300
-%
2023-02-24
SRS Capital Advisors, Inc.
unchanged
-
1,245
3,245
-%

1–10 of 46

Latest Funds Activity

Are funds buying AIG calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own AIG
No. of Funds

American International Group News

DirectorsTalk Interviews

American International Group, I - Consensus Indicates Potential 40.3 ....

DirectorsTalk Interviews,
3 hours ago

The National Herald

Zacks Investment Research

Schedule 13G FIlings of American International Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
4.4%
32,884,193
SC 13G/A
Feb 13, 2023
capital research global investors
5.6%
41,329,361
SC 13G
Feb 09, 2023
vanguard group inc
10.25%
76,173,119
SC 13G/A
Feb 03, 2023
blackrock inc.
8.5%
63,474,041
SC 13G/A
Jun 09, 2022
vanguard group inc
10.21%
80,883,510
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
9.2%
76,999,222
SC 13G/A
Feb 09, 2022
vanguard group inc
9.59%
79,591,144
SC 13G/A
Feb 03, 2022
blackrock inc.
8.9%
74,043,375
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
7.4%
64,038,129
SC 13G/A
Feb 10, 2021
vanguard group inc
9.32%
80,337,158
SC 13G/A

AIG Fair Value

American International Group fair value in different scenarios

The table shows the Fair Value estimates for American International Group for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

47.54

-5.28%

72.30

44.05%

95.31

89.90%

122.03

143.14%

144.21

187.33%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical American International Group Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of American International Group

View All Filings
Date Filed Form Type Document
Mar 13, 2023
8-K
Current Report
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading

Latest Insider Trading transactions for AIG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-28
Glazer Rose Marie E.
sold (taxes)
-51,149
61.11
-837
evp & chief hr officer
2023-02-28
McElroy David
sold (taxes)
-639,455
61.11
-10,464
evp & ceo general insurance
2023-02-28
Carbone Kathleen
sold (taxes)
-47,482
61.11
-777
vp & chief accounting officer
2023-02-28
Hunter Constance
sold (taxes)
-42,960
61.11
-703
evp, head of strategy & esg
2023-02-28
Fato Luciana
sold (taxes)
-4,640,570
61.11
-75,938
evp, gc, comms & govt affairs
2023-02-28
Mouri Naohiro
sold (taxes)
-836,901
61.11
-13,695
evp and chief auditor
2023-02-28
Wade Claude E.
sold (taxes)
-62,148
61.11
-1,017
evp, hd of ops & chief dig off
2023-02-28
FITZSIMONS SHANE
sold (taxes)
-248,045
61.11
-4,059
evp & chief financial officer
2023-02-28
Hogan Kevin T.
sold (taxes)
-3,427,230
61.11
-56,083
ceo, corebridge financial, inc
2023-02-28
Repko John P
sold (taxes)
-1,473,300
61.11
-24,109
evp and chief info. officer

1–10 of 50

Peter S. Zaffino
36600
American International Group, Inc. 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. It also provides professional liability insurance products for a range of businesses and risks, including directors and officers, mergers and acquisitions, fidelity, employment practices, fiduciary liability, cyber risk, kidnap and ransom, and errors and omissions insurance. In addition, this segment offers personal auto and property insurance, such as auto, homeowners, umbrella, yacht, fine art, and collections; voluntary and sponsor-paid personal accident; supplemental health products; extended warranty insurance products; and travel insurance products. Its Life and Retirement segment offers variable annuities, index and fixed annuities, and retail mutual funds; and financial planning and advisory services; record-keeping, plan administrative, and compliance services; and term life and universal life insurance. It also provides stable value wrap products, and structured settlement and pension risk transfer annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent marketing organizations, independent insurance agents, financial advisors, direct marketing, banks, and broker-dealers. The company was founded in 1919 and is headquartered in New York, New York.

AIG Income Statement

2022-12-31
Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:   
Premiums$ 31,857$ 31,259$ 28,523
Policy fees2,9723,0512,917
Total net investment income11,76714,61213,631
Total net realized gains (losses)8,9912,151(2,238)
Other income850984903
Total revenues56,43752,05743,736
Benefits, losses and expenses:   
Policyholder benefits and losses incurred22,77124,38824,806
Interest credited to policyholder account balances3,7093,5573,622
Amortization of deferred policy acquisition costs4,9704,5734,211
General operating and other expenses9,1958,7908,396
Interest expense1,1251,3051,457
Loss on extinguishment of debt30338912
Net (gain) loss on divestitures and other82(3,044)8,525
Total benefits, losses and expenses42,15539,95851,029
Income (loss) from continuing operations before income tax expense (benefit)14,28212,099(7,293)
Income tax expense (benefit):   
Current517(45)217
Deferred2,4892,221(1,677)
Income tax expense (benefit)3,0062,176(1,460)
Income (loss) from continuing operations11,2769,923(5,833)
Income (loss) from discontinued operations, net of income tax expense(1)04
Net income (loss)11,2759,923(5,829)
Less:   
Net income from continuing operations attributable to noncontrolling interests999535115
Net income (loss) attributable to AIG10,2769,388(5,944)
Less: Dividends on preferred stock292929
Net income (loss) attributable to AIG common shareholders$ 10,247$ 9,359$ (5,973)
Basic:   
Income (loss) from continuing operations (in dollars per share)$ 13.16$ 10.95$ (6.88)
Income from discontinued operations (in dollars per share)000
Net income (loss) attributable to AIG common shareholders (in dollars per share)13.1610.95(6.88)
Diluted:   
Income (loss) from continuing operations (in dollars per share)13.0110.82(6.88)
Income from discontinued operations (in dollars per share)000
Net income attributable to AIG common shareholders (in dollars per share)$ 13.01$ 10.82$ (6.88)
Weighted average shares outstanding:   
Basic (in shares)778,621,118854,320,449869,309,458
Diluted (in shares)787,941,750864,884,879869,309,458
Excluding Fortitude Re Funds Withheld Assets   
Revenues:   
Total net investment income$ 10,824$ 12,641$ 12,578
Total net realized gains (losses)1,9961,751(56)
Fortitude Re funds withheld assets   
Revenues:   
Total net investment income9431,9711,053
Total net realized gains (losses)(486)1,003463
Fortitude Re funds withheld embedded derivative   
Revenues:   
Total net realized gains (losses)$ 7,481$ (603)$ (2,645)

AIG Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Fixed maturity securities:  
Bonds available for sale, at fair value, net of allowance for credit losses of $186 in 2022 and $98 in 2021 (amortized cost: 2022 - $255,993; 2021 - $259,210)[1]$ 226,156$ 277,202
Other bond securities, at fair value (See Note 5)[1]4,4856,278
Equity securities, at fair value (See Note 5)[1]575739
Mortgage and other loans receivable[1]49,60546,048
Other invested assets[1]15,95315,668
Short-term investments[1]12,37613,357
Total investments309,150359,292
Cash[1]2,0432,198
Accrued investment income[1]2,3762,239
Premiums and other receivables, net of allowance for credit losses and disputes of $169 in 2022 and $185 in 202113,24312,409
Deferred income taxes15,14411,714
Deferred policy acquisition costs15,51810,514
Other assets[1]12,71414,351
Separate account assets, at fair value84,853109,111
Total assets526,634596,112
Liabilities:  
Liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of $14 in 2022 and $14 in 202175,16779,026
Unearned premiums18,33819,313
Future policy benefits for life and accident and health insurance contracts59,22359,950
Policyholder contract deposits (portion measured at fair value: 2022 - $7,146; 2021 - $9,736)158,891156,686
Other policyholder funds3,9093,476
Fortitude Re funds withheld payable (portion measured at fair value: 2022 - $(2,235); 2021 - $5,922)30,38340,771
Other liabilities (portion measured at fair value: 2022 - $343; 2021 - $586)[1]26,45628,704
Separate account liabilities84,853109,111
Total liabilities484,399527,200
Contingencies, commitments and guarantees (See Note 15)
AIG shareholders’ equity:  
Series A non-cumulative preferred stock and additional paid in capital, $5.00 par value; 100,000,000 shares authorized; shares issued: 2022 - 20,000 and 2021 - 20,000; liquidation preference $500485485
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2022 - 1,906,671,492 and 2021 - 1,906,671,4924,7664,766
Treasury stock, at cost; 2022 - 1,172,543,436 shares; 2021 - 1,087,984,129 shares of common stock(56,473)(51,618)
Additional paid-in capital80,28481,851
Retained earnings33,03223,785
Accumulated other comprehensive income (loss)(22,092)6,687
Total AIG shareholders’ equity40,00265,956
Non-redeemable noncontrolling interests2,2332,956
Total equity42,23568,912
Total liabilities and equity526,634596,112
Recurring Basis  
Fixed maturity securities:  
Other invested assets12,04210,504
Short-term investments5,7084,426
Other assets621957
Liabilities:  
Policyholder contract deposits (portion measured at fair value: 2022 - $7,146; 2021 - $9,736)7,1469,736
Fortitude Re funds withheld payable(2,235) 
Fortitude Re funds withheld payable (portion measured at fair value: 2022 - $(2,235); 2021 - $5,922) 5,922
Consolidated Entities, Excluding Consolidated Investments  
Liabilities:  
Short-term and long-term debt21,29923,741
Consolidated Investments, Including Variable Interest Entities, Primarily Beneficiary  
Liabilities:  
Short-term and long-term debt[1]5,8806,422
Fortitude RE  
Fixed maturity securities:  
Reinsurance assets, net of allowance for credit losses and disputes32,15933,365
Excluding Fortitude  
Fixed maturity securities:  
Reinsurance assets, net of allowance for credit losses and disputes$ 39,434$ 40,919
[1]See Note 9 for details of balances associated with variable interest entities.