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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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You should check out FPA Crescent Fund's top 5 stock picks for investors to […] The Fund posted a return of -20.51% for the quarter, underperforming its benchmark, the S&P 500 which returned -19 ...
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American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. [5] As of 2023, AIG employed 25,200 people. [6] The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary.
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AIG Financial Products Corporation (AIGFP) is a subsidiary of the American International Group, headquartered in New York, New York, with major operations in London. The collapse of AIG Financial Products, headquartered in Wilton, Connecticut , is considered to have played a pivotal role in the global financial crisis of 2008–2009 .
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