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Global 500

Brendan McDermid—Reuters

207

AIG

AIG

U.S.

It’s been a tumultuous stretch for AIG, which replaced CEO Peter Hancock in 2017, less than three years after he started. The insurance company, which nearly collapsed during the financial crisis, has been struggling to improve its results for years under pressure from activist investor Carl Icahn, who ultimately sold his stake this spring. AIG’s new CEO, former employee Brian Duperreault, still has work to do to accomplish a turnaround. While the more than $6 billion loss the insurer booked last year was largely due to a charge from the new tax law, the triple whammy of hurricanes, California wildfires and the Mexican earthquake didn’t help, either.

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CEO

Brian Duperreault

Sector

Financials

Industry

Insurance: Property and Casualty (Stock)

HQ Location

New York City

Years on Global 500 List

23

Employees

49,800

Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$49,520-5.4%
Profits ($M)$-6,084.0
Assets ($M)$498,301
Total Stockholder Equity ($M)$65,171
Profit Ratios
Profit as % of Revenues-12.3%
Profits as % of Assets-1.2%
Profits as % of Stockholder Equity-9.3%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
  • Next Earnings Date:
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  • 52 Week High:
  • 52 Week Low:
  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
  • EPS:
  • Dividend Yield: n/a

News about AIG

It’s Time to Just Kill the Volcker Rule

It has been an enormous waste of time and energy.

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Commentary: How the CFPB Fight Is a Sign of the Next Financial Crisis

A Trump ally and Obama holdover are vying to be director.

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New AIG COO Promised a $15 Million Sign-On Bonus

AIG named Peter Zaffino to take over global operations in Asia, Europe, and the US.

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