American International Group
Market Cap
US$47.5b
Last Updated
2019/10/21 23:31 UTC
Data Sources
Company Financials +
Executive Summary
American International Group, Inc. provides insurance products for commercial, institutional, and individual customers in North America and internationally.
Snowflake
Fundamentals
Slightly overvalued unattractive dividend payer.
Similar Companies
Share Price & News
How has American International Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.6%
AIG
0.1%
US Insurance
0.5%
US Market
1 Year Return
21.3%
AIG
13.8%
US Insurance
6.8%
US Market
Return vs Industry: AIG exceeded the US Insurance industry which returned 13.8% over the past year.
Return vs Market: AIG exceeded the US Market which returned 6.8% over the past year.
Shareholder returns
| AIG | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 0.1% | 0.5% |
| 30 Day | -5.0% | -1.8% | -0.8% |
| 90 Day | -3.1% | -1.6% | -0.9% |
| 1 Year | 24.7%21.3% | 16.6%13.8% | 9.2%6.8% |
| 3 Year | -2.9%-9.6% | 44.6%33.5% | 45.6%36.2% |
| 5 Year | 17.0%5.4% | 69.6%49.4% | 63.2%45.4% |
Price Volatility Vs. Market
How volatile is American International Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
When Should You Buy American International Group Inc (NYSE:AIG)?1 year ago | Simply Wall St
Is American International Group Inc (NYSE:AIG) A Smart Pick For Income Investors?1 year ago | Simply Wall St
American International Group Inc (NYSE:AIG): What You Have To Know Before Buying For The Upcoming DividendValuation
Is American International Group undervalued compared to its fair value and its price relative to the market?
26.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AIG ($54.55) is trading below our estimate of fair value ($74.08)
Significantly Below Fair Value: AIG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AIG is unprofitable, so we can't compare its PE Ratio to the Insurance industry average.
PE vs Market: AIG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AIG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AIG is good value based on its PB Ratio (0.7x) compared to the US Insurance industry average (1.2x).
Next Steps
Future Growth
How is American International Group forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
26.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AIG is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: AIG is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: AIG is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: AIG's revenue (0.5% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: AIG's revenue (0.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AIG's Return on Equity is forecast to be low in 3 years time (7.4%).
Next Steps
Past Performance
How has American International Group performed over the past 5 years?
-71.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: AIG is unprofitable, and losses have increased over the past 5 years at a rate of -71% per year.
Accelerating Growth: Unable to compare AIG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AIG is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (1.4%).
Return on Equity
High ROE: AIG has a negative Return on Equity (0.83%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: AIG is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: AIG is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is American International Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: AIG has a low level of unsold assets or inventory.
Debt Coverage by Assets: AIG's debt is covered by short term assets (assets are 2.055020x debt).
Financial Institutions Analysis
Asset Level: AIG's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if AIG has a sufficient allowance for bad loans.
Low Risk Liabilities: AIG reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if AIG has an acceptable proportion of non-loan assets held.
Low Risk Deposits: AIG has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if AIG has an appropriate level of bad loans.
Next Steps
Dividend
What is American International Group's current dividend yield, its reliability and sustainability?
2.35%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: AIG's dividend (2.35%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: AIG's dividend (2.35%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stable Dividend: Whilst dividend payments have been stable, AIG has been paying a dividend for less than 10 years.
Growing Dividend: AIG's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: AIG is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: AIG's dividends in 3 years are forecast to be well covered by earnings (26.5% payout ratio).
Next Steps
Management
What is the CEO of American International Group's salary, the management and board of directors tenure and is there insider trading?
2.4yrs
Average management tenure
CEO
Brian Duperreault (72yo)
2.4yrs
Tenure
US$20,854,669
Compensation
Mr. Brian Charles Duperreault has been the Chief Executive Officer, President and Director at American International Group, Inc. since May 14, 2017. Mr. Duperreault served as the Chief Executive Officer an ...
CEO Compensation Analysis
Compensation vs. Market: Brian has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the US market.
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.4yrs
Average Tenure
56yo
Average Age
Experienced Management: AIG's management team is considered experienced (2.4 years average tenure).
Board Age and Tenure
8.4yrs
Average Tenure
68yo
Average Age
Experienced Board: AIG's board of directors are considered experienced (8.4 years average tenure).
Insider Trading
Insider Buying: AIG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 7,550 |
| Max Price | US$56.00 |
| Entity | Individual |
| Shares | 1,000 |
| Max Price | US$51.71 |
Ownership Breakdown
Management Team
Brian Duperreault (72yo)
- Tenure: 2.4yrs
- Compensation: US$20.85m
John Repko (56yo)
Executive VP & Chief Information Officer
- Tenure: 1.1yrs
Kevin Hogan (57yo)
Executive VP and CEO of Life & Retirement
- Tenure: 6yrs
- Compensation: US$9.12m
Liz Werner
Head of Investor Relations & VP
- Tenure: 8.8yrs
Mark Lyons (62yo)
Executive VP & CFO
- Tenure: 0.8yrs
- Compensation: US$4.76m
Lucy Fato (53yo)
Executive VP & General Counsel
- Tenure: 2yrs
Peter Zaffino (52yo)
Global COO & CEO of General Insurance
- Tenure: 0yrs
- Compensation: US$12.62m
Doug Dachille (55yo)
Executive VP & Chief Investment Officer
- Tenure: 4.1yrs
- Compensation: US$9.71m
Karen Nelson
Chief Compliance Officer
- Tenure: 9.8yrs
Jon Wismer
Senior VP
- Tenure: 1.2yrs
Board Members
Henry Miller (73yo)
Independent Director
- Tenure: 9.5yrs
- Compensation: US$314.11k
Jerry Jurgensen (67yo)
Independent Director
- Tenure: 6.4yrs
- Compensation: US$354.11k
W. Cornwell (71yo)
Independent Director
- Tenure: 8.4yrs
- Compensation: US$344.11k
Brian Duperreault (72yo)
- Tenure: 2.4yrs
- Compensation: US$20.85m
Doug Steenland (68yo)
Independent Chairman of the Board
- Tenure: 4.3yrs
- Compensation: US$564.11k
Suzanne Nora Johnson (62yo)
Independent Director
- Tenure: 11.3yrs
- Compensation: US$314.11k
John Fitzpatrick (62yo)
Independent Director
- Tenure: 8.4yrs
- Compensation: US$344.11k
Linda Mills (69yo)
Independent Director
- Tenure: 4.3yrs
- Compensation: US$314.11k
Anthony Baldwin
Chief Executive of AIG's UK Entity
- Tenure: 0yrs
Chris Lynch (61yo)
Independent Director
- Tenure: 10.3yrs
- Compensation: US$324.11k
Company Information
American International Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: American International Group, Inc.
- Ticker: AIG
- Exchange: NYSE
- Founded: 1919
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: US$47.453b
- Shares outstanding: 869.91m
- Website: https://www.aig.com
Number of Employees
Location
- American International Group, Inc.
- 175 Water Street
- New York
- New York
- 10038
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AIG | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Jan 1969 |
| AIG | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1969 |
| AINN | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1969 |
| 0OAL | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1969 |
| AIG | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jan 1969 |
| AIG * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1969 |
| AINN | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jan 1969 |
| AIG | SNSE (Santiago Stock Exchange) | Yes | Common Stock | CL | USD | Jan 1969 |
| AIG | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH 5 REPR 1 ORD USD2.50 | AR | ARS | Sep 2000 | |
| AIGB34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1 COM USD2.50 | BR | BRL | Oct 2016 | |
| AIG.PRA | NYSE (New York Stock Exchange) | 5.85 NCUM PFD A | US | USD | Mar 2019 |
Biography
American International Group, Inc. provides insurance products for commercial, institutional, and individual customers in North America and internationally. The company’s General Insurance segment offers g ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/21 23:31 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.