American International Group Common Stock (AIG)

American International Group Corporation is a publicly traded company listed on the New York Stock Exchange under the ticker symbol "AIG" and is a component of the Dow 30 and S&P 500 Index.

American International Group (AIG) operates in the financial services sector. Specifically, it is classified under the Insurance industry, which includes companies that provide insurance policies and related services to individuals and businesses.

AIG (American International Group, Inc.) is classified under the Financials sector of the Global Industry Classification Standard (GICS). Within the Financials sector, AIG is further classified under the Insurance Industry Group, which includes companies that provide insurance policies and related services to individuals and businesses.

AIG operates in multiple sub-industries within the Insurance Industry Group, including Property & Casualty Insurance, Life & Retirement Insurance, and other financial services. As a result, AIG's business operations are diversified across multiple lines of business within the insurance industry.

American International Group Common Stock Dividend

American International Group has been paying a quarterly dividend to its shareholders of $0.32 per share.

The dividend payout history and dividend growth are important factors for investors to consider when evaluating a stock's potential for income. American International Group has a history of paying dividends, and the company has been increasing its dividend payout in recent years.

However, it's important to note that dividend payments are not guaranteed, and can be affected by a range of factors, including the company's financial performance, changes in the regulatory environment, and other economic factors.

 

 

About American International Group (AIG)

American International Group, Inc. (AIG) is a global insurance company that provides a range of insurance products and services to customers in more than 80 countries. The company was founded in 1919 and is headquartered in New York City.

AIG operates through three main business segments:

    General Insurance

    This segment provides insurance products for commercial and personal customers, including property, casualty, and mortgage insurance.

    Life and Retirement

    This segment provides life insurance, annuities, and retirement solutions to individuals and institutional clients.

    Legacy

    This segment manages a portfolio of legacy insurance businesses that are in run-off mode.

AIG has a strong focus on risk management and underwriting discipline, which helps to ensure the long-term profitability of the company. The company has a history of providing innovative insurance solutions to customers and has a reputation for being a leader in the insurance industry.

AIG is committed to corporate social responsibility and has established a number of programs and initiatives to support environmental sustainability, social responsibility, and good governance. The company is also committed to supporting diversity and inclusion in the workplace and has been recognized for its efforts in this area.

Like all stocks, the price of AIG's stock can be volatile and subject to change based on various market factors and company performance. It's important to conduct thorough research and consult with a financial advisor before making any investment decisions.

AIG is one of the largest insurance companies in the world, with more than 49,000 employees worldwide and operations in more than 80 countries.

The company has been recognized for its financial strength and stability, receiving high ratings from major credit rating agencies such as Moody's, Standard & Poor's, and Fitch.

In 2008, AIG experienced a major financial crisis that required a government bailout of $182 billion. Since then, the company has undergone significant restructuring and has focused on improving its financial stability and profitability.

American International Group History

AIG was founded in Shanghai, China in 1919 by Cornelius Vander Starr, an American businessman. The company began as an insurance agency, offering various types of insurance policies to businesses and individuals in China.

In the 1920s, AIG expanded its operations to other parts of Asia, as well as to Europe and Latin America. In 1939, the company established its headquarters in New York City, and continued to grow rapidly in the decades that followed.

Throughout its history, AIG has been known for its innovation and leadership in the insurance industry. In the 1960s, AIG introduced a number of new insurance products, including the first insurance policies for space exploration, as well as policies for directors and officers of corporations.

In 2008, AIG faced a major financial crisis due to its involvement in the subprime mortgage market. The company received a government bailout of $182 billion, making it the largest bailout in U.S. history. AIG subsequently underwent a major restructuring, selling off many of its non-core assets and focusing on its core insurance business.

Today, AIG is one of the largest insurance companies in the world, with operations in more than 80 countries and a diverse portfolio of products and services. The company offers a range of insurance policies, including property and casualty insurance, life insurance, and retirement and asset management services, among others.