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Last €52.91 EUR
Change Today -1.50 / -2.76%
Volume 2.8K
As of 3:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

american international group (AINN) Snapshot

Open
€53.76
Previous Close
€54.41
Day High
€54.03
Day Low
€52.91
52 Week High
04/15/15 - €55.00
52 Week Low
05/7/14 - €36.12
Market Cap
71.6B
Average Volume 10 Days
2.2K
EPS TTM
--
Shares Outstanding
1.4B
EX-Date
03/10/15
P/E TM
--
Dividend
€0.50
Dividend Yield
0.77%
Current Stock Chart for AMERICAN INTERNATIONAL GROUP (AINN)

american international group (AINN) Details

American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the United States, the Asia Pacific, and internationally. The company’s Commercial Insurance segment offers general liability, commercial automobile liability, workers' compensation, excess casualty, and crisis management causality insurance products; commercial, industrial, and energy-related property insurance products; aerospace, environmental, political risk, trade credit, surety, and marine insurance products, as well as various insurance products for small and medium sized enterprises; and professional liability insurance products for a range of businesses and risks. It also provides mortgage guaranty insurance; stable value wrap products, and structured settlement and terminal funding annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent retail and wholesale brokers, agency network, specialized marketing and consulting firms, and structured settlement brokers. Its Consumer Insurance segment offers retirement products, such as fixed annuities, and immediate and deferred income annuities; variable and fixed index annuities; investment-focused variable annuities; group retirement products; and retail mutual funds and advisory services. This segment’s products also include term and whole life, supplemental health, cancer, critical illness, and personal accidental insurance products; travel insurance products and services; automobile and homeowners, and extended warranty insurance; and identity theft and credit card protection insurance products. It sells its products through banks, broker-dealers, independent marking organizations, financial advisors, affinity partners, independent insurance agents, career agents, brokers, and direct marketing and partner organizations. The company was founded in 1919 and is based in New York, New York.

65,000 Employees
Last Reported Date: 02/20/15
Founded in 1919

american international group (AINN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.4M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $1.0M
Executive Vice President of Consumer and Chie...
Total Annual Compensation: $2.2M
Executive Vice President of Commercial and Ch...
Total Annual Compensation: $925.8K
Executive Vice President of Investments
Total Annual Compensation: $1.0M
Compensation as of Fiscal Year 2014.

american international group (AINN) Key Developments

AIG Announces Management Changes, Effective July 1, 2015

AIG has named Douglas Steenland as its new chairman, effective from 1 July when he will succeed Robert Miller. Steenland is currently chairman of the board's regulatory, compliance and public policy committee, and a member of the board's risk and capital committee. He joined the AIG board in June 2010. He is also the former CEO and president of Northwest Airlines Corporation, but retired when it was merged with Delta Airlines. Robert Miller will step down from the role in line with AIG's corporate governance, which states that a person should not remain in the role for more than five years. However, he will stand for re-election to another board role at AIG's upcoming AGM.

American International Group, Inc. Announces Executive Changes, Effective July 1, 2015

American International Group, Inc. announced that Douglas M. Steenland will succeed Robert S. “Steve” Miller as non-executive Chairman of the AIG Board of Directors, effective July 1, 2015. Mr. Steenland and Mr. Miller joined the AIG Board at the same time, in June 2010. Mr. Steenland is currently Chairman of the Board’s Regulatory, Compliance and Public Policy Committee, and a member of the Board’s Risk and Capital Committee. Mr. Steenland is the former Chief Executive Officer of Northwest Airlines Corporation, serving from 2004 to 2008, and President, serving from 2001 to 2004. Prior to that, he served in a number of Northwest Airlines executive positions after joining Northwest Airlines in 1991, including Executive Vice President, Chief Corporate Officer, and Senior Vice President and General Counsel. Mr. Steenland retired from Northwest Airlines upon its merger with Delta Air Lines, Inc.

American International Group, Inc. Announces Final Results of its Tender Offer

American International Group, Inc. announced the final results as of April 13, 2015 of its previously announced cash tender offer for up to $1.25 billion maximum aggregate purchase price of the notes and debentures issued or guaranteed by AIG, pursuant to its offer to purchase dated March 17, 2015. As previously announced, the tender offer was oversubscribed. Accordingly, AIG has accepted all notes and debentures validly tendered and not withdrawn of acceptance priority levels 1 through 6. Validly tendered debentures of acceptance priority level 7 have been accepted on a prorated basis, as described in the offer to purchase. No notes or debentures of acceptance priority levels 8 through 17 have been accepted by AIG. As of the expiration date, the principal amount of notes and debentures of each series validly tendered and accepted by AIG, the acceptance priority level and the total consideration per $1,000, £1,000 or €1,000 principal amount are as set in the table below. The total consideration includes an early participation amount of $50, £50 or €50 per $1,000, £1,000 or €1,000 principal amount, as applicable, of notes and debentures validly tendered prior to 5:00 p.m., New York City time, on March 30, 2015 and accepted for purchase. Holders who validly tendered their notes or debentures after the early participation date and on or prior to the expiration date and whose notes or debentures have been accepted for purchase will receive only the tender offer consideration, which is equal to the total consideration less the early participation amount. The payment date is expected to be on or about April 15, 2015. Holders whose notes and debentures are accepted in this tender offer will also receive a cash payment representing accrued interest from the most recent interest payment date to but excluding the payment date.

 

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AINN:GR €52.91 EUR -1.50

AINN Competitors

Market data is delayed at least 15 minutes.

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Aetna Inc $107.72 USD -1.71
MetLife Inc $50.50 USD -0.50
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen €195.52 EUR -4.55
Prudential PLC 1,637 GBp -28.00
Zurich Insurance Group AG SFr.301.60 CHF -5.80
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Industry Analysis

AINN

Industry Average

Valuation AINN Industry Range
Price/Earnings 11.0x
Price/Sales 1.3x
Price/Book 0.7x
Price/Cash Flow 10.3x
TEV/Sales 0.5x
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