American International Group, Inc. (NYSEAIG) today announced that effective immediately Jon Hancock will take on additional responsibilities as it organizes its business into three distinct segments:

American International Group, Inc. (NYSEAIG) will report financial results for the fourth quarter and full year ended December 31, 2024, after the market closes on Tuesday, February 11, 2025. AIG’s press release and financial supplement will be available in the Investors section of AIG’s website at https://www.aig.com.

This former Dividend King isn't out of the woods yet.

California's $10 trillion residential property market is under siege as wildfires wreak havoc across the southern part of the state.

Wall Street faced heavy selling pressure in its first trading session after former President Jimmy Carter's funeral, as a series of economic developments rattled interest rate and energy markets, sparking heightened risk aversion among investors.

Strong jobs report fuels Fed hawkishness, spurs market fears. Unemployment drops, wages rise, rates may not be cut until 2025. Dollar and yields jump.

The Palisades fire is the worst in Los Angeles city history. Some utility and insurance stocks are starting to react.

American International Group, Inc. (NYSEAIG) today announced that Christopher Flatt, currently Head of AIG North America Alternative Channels, has been named Global Chief Underwriting Officer, effective immediately. Mr. Flatt will report directly to Peter Zaffino, Chairman & Chief Executive Officer, AIG and join the company’s Executive Leadership Team.

Private Client Select Insurance Services LLC (PCS), a leading independent Managing General Underwriter that is majority owned by Stone Point Capital LLC and American International Group, Inc. (NYSEAIG), today announced that Ross Bowie has been appointed Chief Executive Officer, effective immediately.

Money is leaving active management and pouring into passive vehicles like ETFs. What will cause it all to come down? You get three guesses, and the first two don't count.

Global fund managers increased allocation to financial stocks, including both banks and insurance companies, to an all-time high in Dec 2024.

American International Group, Inc. (NYSEAIG) today announced that it has led the launch of a new reinsurance syndicate at Lloyd’s. Syndicate 2478 will commence underwriting from January 1, 2025, and will be a multi-year participant on AIG’s outwards reinsurance program.

American International Group, Inc. (NYSEAIG) today announced the results of its previously announced 12 separate offers (the “Offers”) to purchase for cash the notes of the series listed in the table below (collectively, the “Notes”) and that it has amended the Offers by increasing the applicable Maximum Purchase Consideration from $750 million to $1.16 billion. The Offers were made pursuant to AIG’s Offer to Purchase, dated December 6, 2024 (the “Offer to Purchase”), which sets forth a more comprehensive description of the terms and conditions of each Offer, and the accompanying notice of guaranteed delivery (the “Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Tender Offer Documents”). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.

American International Group, Inc. (NYSEAIG) today announced the pricing terms for each series of the Notes included in its previously announced tender offers (the “Offers”) to purchase outstanding notes of the series listed in the table below (collectively, the “Notes”) for cash up to a maximum $750 million aggregate amount of Total Consideration (as defined below), excluding the Accrued Coupon Payment (as defined below). The Offers are being made pursuant to AIG’s Offer to Purchase, dated December 6, 2024 (the “Offer to Purchase”), which sets forth a more comprehensive description of the terms and conditions of each Offer, and the accompanying notice of guaranteed delivery (the “Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Tender Offer Documents”). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.

American International Group, Inc. (NYSEAIG) today announced that is has successfully closed the previously announced sale of approximately 120 million shares of its Corebridge Financial, Inc. (“Corebridge”) common stock to Nippon Life Insurance Company for $31.47 per share, for an aggregate purchase price of $3.8 billion.

Last summer, I previously produced a podcast episode centered on one theme: The best capital-efficient stocks to buy when the markets crash. Today, I have another underappreciated name to consider if and when all hell breaks loose.

American International Group, Inc. (NYSEAIG) today announced that it has commenced 12 separate offers (each, an “Offer” and collectively, the “Offers”) to purchase outstanding notes of the series listed in the table below (collectively, the “Notes”) for cash up to a maximum $750 million aggregate amount of Total Consideration (as defined below), excluding the Accrued Coupon Payment (as defined below). The series of Notes that are purchased in the Offers will be based on the acceptance priority levels (each, an “Acceptance Priority Level”) set forth in the table below, except where acceptance of a series of Notes would cause the Maximum Purchase Condition (as defined below) to be violated, in which case, the Non-Covered Notes (as defined below) with a higher Acceptance Priority Level may not be accepted for purchase and a series of Notes with a lower Acceptance Priority Level may be accepted for purchase as described below. If a given series of Notes is accepted for purchase pursuant to the Offers, all Notes of that series that are validly tendered will be accepted for purchase. No series of Notes will be subject to proration pursuant to the Offers.

American International Group, Inc. (NYSEAIG) today announced that it successfully closed the previously announced sale of its global individual personal travel insurance and assistance business, including Travel Guard, to Zurich Insurance Group on December 2, 2024.

Third Point filed its Form 13F on Thursday, revealing the fund's trades from the prior quarter.

American International Group, Inc. (NYSEAIG) today announced that Christopher Schaper has been appointed Chief Risk Officer of AIG, effective immediately. Mr. Schaper will continue to report to Peter Zaffino, AIG Chairman & Chief Executive Officer and will continue to serve on AIG’s Executive Leadership Team.