AIG

American International Group Inc

Finance/Real Estate, Event Driven/Special Sit


Presented:05/20/2021
Price:$50.53
Cap:$43.36B
Current Price:$76.98
Cap:$49.57B

Presented

Date05/20/2021
Price$50.53
Market Cap$43.36B
Ent Value$77.51B
P/E RatioN/A
Book Value$72.37
Div Yield2.53%
Shares O/S858.14M
Ave Daily Vol4,436,480
Short Int0.88%

Current

Price$76.98
Market Cap$49.57B
American International Group, Inc. engages in the provision of a range of property casualty insurance, life insurance, retirement products, and other financial services to commercial and individual customers. It operates through the following segments: General Insurance, Life and Retirement and Other Operations. The General Insurance segment consists of insurance businesses in North America and International business areas. The Life and Retirement segment includes Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets. The Other Operations segment covers income from assets held by the company and other corporate subsidiaries. The company was founded by Cornelius Vander Starr in 1919 and is headquartered in New York, NY.

Publicly traded companies mentioned herein: American International Group Inc (AIG), Apollo Global Management Inc (APO)

Highlights

The presenter is long shares of American International Group Inc (AIG) and sees 30% - 40% upside from the stock's current price of ~$50/share as it splits off its life insurance business. 

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Idea Discussion

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