Professional
Added to YB: 2024-10-17
Pitch date: 2024-09-30
AIG [bullish]
American International Group, Inc.
+18.89%
current return
Author Info
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Company Info
American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally.
Market Cap
$41.2B
Pitch Price
$71.41
Price Target
N/A
Dividend
2.36%
EV/EBITDA
5.76
P/E
13.65
EV/Sales
1.80
Sector
Insurance
Category
turnaround
Aristotle Value Equity New Position: American International Group, Inc.
AIG: Turnaround under CEO Zaffino; focus on General Insurance post-divestitures. Strong brand, $160B assets, $25B premiums. Improved underwriting, expense reduction, capital return to drive higher earnings (8% CFRoEV). Catalysts: business transformation, High Net Worth growth, $10B buyback. Valued for earnings growth & multiple expansion.
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