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AIG

Underwrites insurance for businesses and individuals

Overview

Company Historically Provides H-1B Sponsorship

AIG underwrites property and casualty insurance for businesses and individuals, covering losses from damaged assets, legal claims and personal accidents. Its commercial policies span risks such as cyberattacks, shipping losses and aviation accidents, while personal coverage includes accident and health insurance and protection for valuable homes. Brokers and agents connect clients with insurers that assess risks, set premiums and handle claims under each policy's terms. The group earns insurance premiums and investment income on assets held to meet future claims. Its operating roots date to Shanghai in 1919, and its headquarters are in New York City.

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About AIG

Simplify's Rating
Why AIG is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1919

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Simplify's take

What believers are saying

  • Underwriting supports stability: AIG's August 2026 results reported $686 million in quarterly General Insurance underwriting income, up 10%.
  • Eligible U.S. staff receive career support: AIG lists tuition reimbursement alongside learning and development in its benefits package.
  • Early-career underwriters build skills: AIG's two-year Underwriting Program runs alongside its Insurance Academy.

What critics are saying

  • International commercial margins weakened: AIG's August 2026 results showed quarterly underwriting income down 33% despite 11% net-written-premium growth.
  • Employees face restructuring exposure: AIG explicitly lists outsourcing and workforce reductions among its operating-model tools.
  • Legacy claims complicate forecasting: AIG flags greater uncertainty in asbestos and pollution liabilities and related reinsurance recoveries.

What makes AIG unique

  • Cross-border servicing has scale: AIG coordinates coverage across over 200 countries and jurisdictions through local insurers.
  • Captive expertise runs deep: AIG manages customer-owned insurance companies through licensed operations in 12 domiciles.
  • Lexington tackles unusual risks: AIG's surplus-lines insurer has flexibility to tailor insurance prices and policy terms.

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Funding

Total Funding

$1.2B

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Benefits

  • Health, dental, & vision coverage
  • Flexible Spending Accounts (FSA)
  • 401(k)
  • PTO
  • Commuter Expense Reimbursement Account

Stock Price

Company News

Yahoo Finance
Nov 6th, 2026
AIG cuts 2026 premium growth outlook to high single digits as Q3 income hits $1.1B

American International Group (AIG) reported third-quarter 2026 adjusted after-tax income of $1.1 billion, or $2.06 per diluted share. Adjusted pre-tax income fell to $1.4 billion from $1.6 billion a year earlier. Net premiums written rose 8%, but AIG cut its full-year growth forecast from low-to-mid-teens to high single digits. Chief executive officer Eric Andersen cited tougher market conditions, especially falling property prices in North America. Underwriting income was $564 million, and core operating return on equity was 11.1%. AIG returned $787 million to shareholders, including $527 million in buybacks and $260 million in dividends.

Yahoo Finance
Oct 31st, 2026
AIG looks 7% undervalued after Latin America push, but its P/E tells a different story

American International Group (AIG) has agreed to buy Everest's Chilean insurance subsidiary and has completed its purchase of Everest's Colombian unit, expanding its reach in Latin America. The shares rose 10.05% over one month and 4.23% over three months, though they are down 2.81% this year. Total shareholder returns were 37.37% over three years and 55.75% over five years. The most followed analyst view puts fair value at $88.45, against a last close of $81.90, which suggests the stock is 7.4% undervalued. Risks include high catastrophe losses and pricing pressure. On earnings, AIG trades at 14.4x, against 11.5x for the US insurance industry and a fair ratio of 11.8x. That suggests investors already pay a premium.

Kalkine Media
Sep 25th, 2026
AIG closes $1.3B dual-tranche euro senior note offering with 2031 and 2036 maturities

American International Group has completed a €1.125 billion euro-denominated senior note offering in two tranches. The company issued €625 million in 4.250% notes due 2031 and €500 million in 4.750% notes due 2036, both closing on 24 September 2026. The underwriting agreement, executed on 15 September, included Deutsche Bank AG London Branch, J.P. Morgan Securities, BNP Paribas, and Citigroup Global Markets as lead underwriters. The Bank of New York Mellon serves as trustee for both tranches. Sullivan & Cromwell provided a legal opinion confirming the validity of the notes. AIG filed the details with the SEC in a Form 8-K on 24 September.

Yahoo Finance
Sep 8th, 2026
Big Short' investor Steve Eisman backs AIG as analyst calls insurer 'really, really cheap

Steve Eisman, the investor known from "The Big Short", has disclosed that he owns shares in American International Group. His comments came during a podcast discussion with Cantor Fitzgerald analyst Ryan Tunis, who rates AIG as "really, really cheap". Tunis upgraded AIG to Overweight in July with a price target of $92, later trimmed to $90. This implies approximately 18% upside from the stock's recent $76.21 close, near its book value of $77.39 per share. The analyst highlighted AIG's restructuring efforts and improved underwriting operations. The insurer reported $686 million in second-quarter underwriting income, up 10% year-on-year. However, Tunis cautioned that the commercial insurance market is softening after seven years of strong pricing power. He noted that AIG's heavy exposure to large corporate accounts could face pressure as competitors chase business on price.

Yahoo Finance
Aug 16th, 2026
AIG launches parametric cyber cover for US cloud outage risks with Parametrix

American International Group has launched a parametric cloud outage cyber insurance product for US clients, developed with Parametrix. The solution covers business interruption risks from third-party cloud and software service provider outages. Claims are based on predefined outage triggers and external monitoring data, designed to accelerate the claims process. The product targets US businesses heavily reliant on cloud infrastructure and software platforms. AIG, a US insurance company with a market capitalisation of approximately $39.8 billion, aims to compete for larger cyber and professional liability programmes where cloud downtime recovery is crucial. The launch aligns with the company's focus on digitalisation and specialised products. Investors should monitor upcoming quarterly disclosures for cyber or parametric premium volumes and client uptake commentary to assess the product's market traction.

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