AIG Using Reinsurance As Performance Lever, Program Expansion Likely [Seeking Alpha]
American International Group, Inc. New (AIG)
Last american international group, inc. new earnings: 2/13 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
aig.com/investor-relations
Company Research
Source: Seeking Alpha
Insurer American International Group (NYSE: AIG ) is likely to continue to acquire increasing amounts of reinsurance protection, as it utilises reinsurance capital as a lever for performance improvements across its book and is already approaching reinsurer markets about new opportunities in the second half of this year. The insurer has been growing its use of reinsurance in recent years, which has helped it to get the combined ratio under increasing control, but the AIG senior executives are aware there is more to do. Speaking during the AIG second-quarter earnings conference call last week, Peter Zaffino, Executive Vice President and CEO of AIG's General Insurance business, said that reinsurance is one of the levers that AIG has been using to improve its results. Our revised underwriting and reinsurance strategies will result in a better net mix of business and an improved risk profile, Zaffino explained, adding that Since last quarter, we expanded our European
Show less
Read more
Impact Snapshot
Event Time:
AIG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AIG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AIG alerts
High impacting American International Group, Inc. New news events
Weekly update
A roundup of the hottest topics
AIG
News
- AIG's general insurance unit chair David McElroy to retire from May 1 [Reuters]Reuters
- Stuart Myers and Christopher Conti Join RYZE Claim Solutions' Board of Directors [Yahoo! Finance]Yahoo! Finance
- UPDATE 1-AIG's general insurance unit chair David McElroy to retire from May 1 [Yahoo! Finance]Yahoo! Finance
- Stuart Myers and Christopher Conti Join RYZE Claim Solutions’ Board of DirectorsBusiness Wire
- AIG Announces Leadership Change [Yahoo! Finance]Yahoo! Finance
AIG
Earnings
- 2/13/24 - Beat
AIG
Sec Filings
- 4/22/24 - Form 8-K
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- AIG's page on the SEC website