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American International Group (AIG) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Shares in American International Group rose almost 7% in Monday’s extended market session as the insurance giant announced a plan for the divestment of its life and retirement business and named ...
AIG's corporate headquarters are in New York City and the company also has offices around the world. AIG serves 87% of the Fortune Global 500 and 83% of the Forbes 2000. [11] AIG was ranked 60th on the 2018 Fortune 500 list. [12] According to the 2016 Forbes Global 2000 list, AIG is the 87th largest public company in the world. [13]
American International Group (AIG) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
American International (AIG) expects to buy back at least $900 million of common shares by the end of this year.
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In late 2016, FWD agreed to buy AIG's Fuji Life Insurance Co. in Japan. [8] By April 2017, FWD had [17] $24.4 billion in assets under management [4] and sponsored the Clockenflap music festival. [18] In 2018 FWD agreed to purchase an Indonesian life insurance venture, PT Commonwealth Life, from the Commonwealth Bank of Australia for $300 ...
The stock of AIG is weighed down by competitive insurance markets and low interest rates, which are unlikely to offer any respite in the coming quarters.
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