American International Group
Market Cap
US$35.3b
Last Updated
2020/11/25 00:26 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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential and slightly overvalued.
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
Stable Share Price: AIG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: AIG's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
6.7%
AIG
1.7%
US Insurance
1.8%
US Market
1 Year Return
-22.9%
AIG
-4.3%
US Insurance
20.4%
US Market
Return vs Industry: AIG underperformed the US Insurance industry which returned -5.4% over the past year.
Return vs Market: AIG underperformed the US Market which returned 19% over the past year.
Shareholder returns
| AIG | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.7% | 1.7% | 1.8% |
| 30 Day | 26.6% | 9.9% | 6.0% |
| 90 Day | 41.0% | 13.0% | 6.8% |
| 1 Year | -19.8%-22.9% | -1.7%-4.3% | 23.2%20.4% |
| 3 Year | -25.0%-31.5% | 12.4%4.1% | 47.4%37.6% |
| 5 Year | -27.0%-36.1% | 49.1%30.4% | 91.9%70.8% |
Long-Term 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
2 years ago | Simply Wall St
When Should You Buy American International Group Inc (NYSE:AIG)?2 years ago | Simply Wall St
Is American International Group Inc (NYSE:AIG) A Smart Pick For Income Investors?2 years 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?
6.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AIG ($40.98) is trading below our estimate of fair value ($43.8)
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 US 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 (0.6x) compared to the US Insurance industry average (1x).
Next Steps
Future Growth
How is American International Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
64.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AIG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: AIG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AIG's is expected to become profitable in the next 3 years.
Revenue vs Market: AIG's revenue (2.9% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: AIG's revenue (2.9% 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 (6.4%).
Next Steps
Past Performance
How has American International Group performed over the past 5 years?
-18.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AIG is currently unprofitable.
Growing Profit Margin: AIG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AIG is unprofitable, and losses have increased over the past 5 years at a rate of 18.3% 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 (5.9%).
Return on Equity
High ROE: AIG has a negative Return on Equity (-7.73%), as it is currently unprofitable.
Next Steps
Financial Health
How is American International Group's financial position?
Financial Position Analysis
Short Term Liabilities: AIG's short term assets ($114.0B) do not cover its short term liabilities ($151.8B).
Long Term Liabilities: AIG's short term assets ($114.0B) do not cover its long term liabilities ($360.8B).
Debt to Equity History and Analysis
Debt Level: AIG's debt to equity ratio (58%) is considered high.
Reducing Debt: AIG's debt to equity ratio has increased from 30.9% to 58% over the past 5 years.
Debt Coverage: AIG's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: AIG is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is American International Group current dividend yield, its reliability and sustainability?
3.12%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: AIG's dividend (3.12%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: AIG's dividend (3.12%) is low compared to the top 25% of dividend payers in the US market (4.15%).
Stability and Growth of Payments
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 7 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 (35.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.6yrs
Average management tenure
CEO
Brian Duperreault (73 yo)
3.5yrs
Tenure
US$19,369,637
Compensation
Mr. Brian Charles Duperreault has been the Chief Executive Officer and Director at American International Group, Inc. since May 14, 2017. Mr. Duperreault served as President at American International Group...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD19.37M) is above average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | US$19.37m | 0.013% $ 4.7m | |
| President | 0.083yr | US$18.39m | 0.0016% $ 571.9k | |
| Executive VP & CFO | 1.92yrs | US$7.76m | 0% $ 0 | |
| Executive VP & Chief Investment Officer | 5.17yrs | US$10.55m | 0.0095% $ 3.3m | |
| Executive VP and CEO of Life & Retirement | 7.08yrs | US$8.29m | 0.019% $ 6.7m | |
| Senior VP | 0.67yr | no data | 0.00067% $ 236.5k | |
| Executive VP & Chief Information Officer | 2.17yrs | no data | no data | |
| Deputy CFO and Head of Treasury | 1.25yrs | no data | no data | |
| Chief Compliance Officer | 10.83yrs | no data | no data | |
| Executive VP | 3.08yrs | no data | 0.00088% $ 310.7k | |
| Chief Marketing Officer | 7.17yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 1.33yrs | no data | 0.00097% $ 342.5k |
2.6yrs
Average Tenure
56yo
Average Age
Experienced Management: AIG's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.5yrs | US$19.37m | 0.013% $ 4.7m | |
| President | 0.083yr | US$18.39m | 0.0016% $ 571.9k | |
| Independent Director | 10.58yrs | US$305.00k | no data | |
| Independent Director | 7.5yrs | US$355.00k | 0.0041% $ 1.4m | |
| Independent Director | 9.5yrs | US$335.00k | no data | |
| Independent Director | 1.83yrs | US$290.19k | 0.0029% $ 1.0m | |
| Independent Chairman of the Board | 5.33yrs | US$555.00k | 0.00056% $ 197.7k | |
| Independent Director | 9.5yrs | US$310.38k | 0.000010% $ 3.5k | |
| Independent Director | 1.5yrs | US$246.92k | no data | |
| Independent Director | 5.33yrs | US$327.30k | no data | |
| Independent Director | 1.5yrs | US$246.92k | no data | |
| Independent Director | 11.42yrs | US$315.00k | 0.00037% $ 130.6k |
5.3yrs
Average Tenure
68.5yo
Average Age
Experienced Board: AIG's board of directors are considered experienced (5.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AIG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
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$35.305b
- Shares outstanding: 861.53m
- 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 | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1969 |
| AIG * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | 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 | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | 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 | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jan 1969 |
| AINN | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Jan 1969 |
| AIG | BVL (Bolsa de Valores de Lima) | Yes | Common Stock | PE | 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 DP SH 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 | 2020/11/25 00:26 |
| End of Day Share Price | 2020/11/24 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.