15 stories mentioning AIGUpdated 33d ago
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American International Group (AIG) has an average rating of overweight and mean price target of $88.85, according to analysts polled by FactSet.Price: $77.65, Change: $+0.04, Percent Change: +0.05%
American International Group's (AIG) commentary over preference for re-levering the underwriting engine via top-line growth instead of capital return sent the stock lower after its Q2 results, RBC Capital Markets said in a Friday note.The capital commentary and preference came even as market conditions become more competitive, the report said. The company reported its Q2 results late Thursday.To the positive, the note pointed to the company reaffirming its targets for 2027, which are largely baked into RBC estimates.The report said AIG remains over-capitalized for its current premium profile, with new CEO showing support for growth into the capitalization base, via M&A or organic opportunities, over shrinking the balance sheet via capital return."While valuation remains cheap and M&A growth is paying off, we believe shares will be range-bound and remain Sector Perform," it said. RBC raised its price target to $87 from $85.Price: $78.02, Change: $-0.76, Percent Change: -0.96%
American International Group (AIG) has an average rating of overweight and mean price target of $88.90, according to analysts polled by FactSet.Price: $78.70, Change: $-1.27, Percent Change: -1.59%
American International Group (AIG) has an average rating of overweight and mean price target of $88.90, according to analysts polled by FactSet.Price: $78.70, Change: $-1.27, Percent Change: -1.59%
American International Group (AIG) has an average rating of overweight and mean price target of $88.25, according to analysts polled by FactSet.
Marsh (MRSH), American International Group (AIG), and other US insurance intermediaries and carriers in the property and casualty sector will be negatively impacted by property pricing headwinds in Q2, RBC Capital Markets said in a Monday note that previewed the quarter for the US insurance industry.Recent reinsurance renewals have implied that aggressive competition will continue, amid the renewal seasonality being the highest in Q2, the firm said. RBC analysts expect insurance executives to remain negative during the quarter's earnings calls as data continues to indicate downward pressure on property insurance prices, according to the note.The analysts also anticipate some risk of negative growth surprises for insurance carriers due to property seasonality, as well as limited organic growth for brokers. However, several large property insurance carriers are testing rate adequacy, which could pave the way for the slowing of price reductions into 2027, the analysts added.For RBC's Q2 preview, intermediary and mortgage insurer revisions were fairly small, while carriers in general saw cuts due to notable Severe Convective Storm activity in April and June, as well as ongoing losses from the Iran conflict. However, the analysts said that price target revisions were generally positive due to renewed interest in the insurance space.Notably, RBC raised the price targets on Arthur J. Gallagher (AJG) to $300 from $260, and The Hanover Insurance Group (THG) to $215 from $195 prior.Price: $182.01, Change: $+3.70, Percent Change: +2.08%
American International Group (AIG) has an average rating of overweight and mean price target of $88.65, according to analysts polled by FactSet.Price: $80.01, Change: $+0.38, Percent Change: +0.48%
American International Group (AIG) has an average rating of overweight and mean price target of $88.65, according to analysts polled by FactSet.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We trim our 12-month target price by $4 to $88, valuing the shares at 11x our 2026 operating EPS estimate of $8.00 (raised today by $0.15) and at 10x our 2027 EPs estimate of $8.90, vs. the one-year average forward multiple of 11x and a peer average of 13x. AIG posted strong Q1 results with operating EPS of $2.11 vs. $1.17 in the prior year, topping our $1.95 estimate and the $1.88 consensus view on improved claim trends. General Insurance net premiums written surged 24% to $5.6B, while underwriting income more than tripled to $774M with the combined ratio improving 850 bps to 87.3% on lower catastrophe losses. Though we caution Q1 results are not likely an annual run-rate, we view AIG as undervalued and believe its ability to produce above-peer underwriting profitability will provide a catalyst for shares to close their valuation gap with peers.
American International Group (AIG) has an average rating of overweight and mean price target of $87.80, according to analysts polled by FactSet.Price: $77.12, Change: $-0.58, Percent Change: -0.74%
American International Group (AIG) has an average rating of overweight and mean price target of $86.95, according to analysts polled by FactSet.Price: $78.73, Change: $+3.93, Percent Change: +5.25%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:AIG posted strong Q1 results with operating EPS of $2.11 versus $1.17 prior year, topping our $1.95 estimate and the $1.88 consensus view on improved claim trends. General Insurance net premiums written surged 24% to $5.6B, while underwriting income more than tripled to $774M with the combined ratio improving 850 basis points to 87.3% on lower catastrophe losses. We view AIG as undervalued and believe its ability to produce above-peer underwriting profitability will provide a catalyst for shares to close their valuation gap with peers. Chairman and CEO Peter Zaffino will transition out, with Eric Anderson becoming CEO on June 1, 2026. We are encouraged by AIG's significantly improved underwriting profitability and broad-based premium growth driven by strategic transactions including Everest Group renewals. AIG returned $760M to shareholders through buybacks and dividends, with the Board increasing the quarterly dividend 11% to $0.50 per share, marking the fourth consecutive year of double-digit increases.
US insurers are expected to post relatively light catastrophe losses in Q1, though softer pricing trends and rising costs may weigh on earnings, BofA Securities said in a Tuesday note.Catastrophe losses are projected to remain below historical averages which may provide near-term support for major insurers. Moderating property and casualty premium rate increases and ongoing claims inflation may pressure underwriting margins, according to the firm.The brokerage also flagged rising expense pressures as insurers increase spending on technology, data infrastructure and AI initiatives. These investments support long-term competitiveness but near-term benefits are limited and may add to margin pressure in upcoming results, BofA said.The brokerage expects a mixed Q1 backdrop for US insurers. Supportive catastrophe trends may be offset by slower pricing growth. Ongoing macro pressures and rising cost bases may also weigh across the sector, the note added.BofA also updated select insurer price targets, lowering its target on AIG (AIG) to $79 while maintaining a neutral rating, raising Progressive's (PGR) target to $298 with a buy rating, and cutting Chubb's (CB) target to $271 while keeping an underperform rating.Price: $78.00, Change: $+0.17, Percent Change: +0.22%
American International Group (AIG) has an average rating of overweight and mean price target of $87.15, according to analysts polled by FactSet.Price: $77.96, Change: $+0.13, Percent Change: +0.17%
American International Group (AIG) has an average rating of overweight and mean price target of $87.20, according to analysts polled by FactSet.Price: $76.93, Change: $+0.06, Percent Change: +0.08%
