American International Group is a leading global insurance organization that provides a wide range of property and casualty insurance, life insurance, and retirement solutions
The company serves both individual and institutional clients, offering products that help manage risk and provide financial security. AIG operates in multiple markets worldwide, delivering innovative insurance solutions and services, including commercial and personal lines, accident and health insurance, and various financial products designed to meet the diverse needs of its customers. Through its extensive network and expertise, AIG aims to maintain resilience against evolving risks in an ever-changing global landscape.
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.
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.
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 is facing soft pricing power among large employers, to which it has high exposure. Analysts to downgrade rating and reduces price target.
Hurricane Helene left over 130 dead and 800,000 without power. Utilities provider Duke Energy Corp reports 2 million customers affected but restores power to 1.35 million. Insurers don't expect major losses, estimated economic damage of $20-34 billion. REITs report limited damage.
