American International Group, Inc.

AIG

US0268747849

Property & Casualty Insurance

Market Closed - Nyse Other stock markets 01:30:02 29/06/2024 am IST			5-day change	1st Jan Change
74.24 ^USD	-0.97%		-0.87%	+9.58%

28/06	Wells Fargo Adjusts Price Target on American International to $79 From $82, Maintains Equalweight Rating	MT
26/06	Evercore ISI Adjusts American International Group's Price Target to $78 From $81, Keeps In Line Rating	MT

Zurich Insurance buys AIG travel business in $600 million deal

June 26, 2024 at 11:09 am IST

ZURICH (Reuters) - Zurich Insurance on Wednesday announced a $600 million deal to buy AIG's global personal travel insurance and assistance business.

The business will be combined with Zurich's travel insurance provider Cover-More Group (Cover-More) and will expand its footprint in the United States, Zurich said.

(Reporting by John Revill; Editing by Ludwig Burger)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	ZURICH INSURANCE GROUP LTD	479.1 CHF	-0.21%	-1.42%	76.99B
	AMERICAN INTERNATIONAL GROUP, INC.	74.24 USD	-0.97%	-0.87%	49.76B

Latest news about American International Group, Inc.

Wells Fargo Adjusts Price Target on American International to $79 From $82, Maintains Equalweight Rating	28/06	MT
Evercore ISI Adjusts American International Group's Price Target to $78 From $81, Keeps In Line Rating	26/06	MT
Global markets live: Bayer, FedEx, Nvidia, KKR, Verizon...	26/06
Sector Update: Financial	26/06	MT
American International Group Agrees to Sell Global Personal Travel Insurance Business for $600 Million	26/06	MT
Zurich Insurance to Buy AIG Travel for $600 Million	26/06	DJ
Zurich Insurance buys AIG travel business in $600 million deal	26/06	RE
American International Group Insider Sold Shares Worth $14,904,432, According to a Recent SEC Filing	15/06	MT
BofA Securities Adjusts American International Group Price Target to $84 From $82, Maintains Neutral Rating	11/06	MT
American International Group Completes Requirements for Corebridge Deconsolidation	10/06	MT
UK court decides aircraft disputes to be heard in Ukraine, not London	06/06	RE
American International Group Completes Secondary Offering of Corebridge Shares	04/06	MT
Sector Update: Financial Stocks Advance Premarket Friday	31/05	MT
American International Group Prices Secondary Offering of Corebridge Financial Targeting $876 Million in Gross Proceeds	31/05	MT
American International Group Launches Secondary Offering of 30 Million Corebridge Shares	31/05	MT
Transcript : American International Group, Inc. Presents at Bernstein?s 40th Annual Strategic Decisions Conference, May-29-2024 11:00 AM	29/05
American International Group, Inc. Appoints Gordon Browne as Global Head of Specialty	22/05	CI
Argus Raises Price Target on American International Group to $86 From $78	20/05	MT
Declaration of Voting Results by American International Group, Inc	18/05	CI
Declaration of Voting Results by American International Group, Inc	18/05	CI
Sector Update: Financial Stocks Edge Up Late Afternoon	17/05	MT
Sector Update: Financial Stocks Rise in Afternoon Trading	16/05	MT
Sector Update: Financial	16/05	MT
American International to Sell 20% Stake in Corebridge to Nippon Life; Corebridge Shares Jump	16/05	MT
Sector Update: Financial Stocks Edge Higher Pre-Bell Thursday	16/05	MT

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American International Group, Inc. is the world's leading insurer. Revenues break down by activity as follows: - insurance (98.5%): sales of non-life insurance products (56.7% of revenues), and life and retirement insurance products (43.3%). The group is the American leader in commercial and industrial insurance; - other (1.5%): mainly financial services and asset management. North America accounts for 71.7% of revenues.

Sector

Property & Casualty Insurance

Calendar

05/08/2024 - Q2 2024 Earnings Release (Projected)

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S&P 500

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Ratings for American International Group, Inc.

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ESG Refinitiv

C+

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Analysts' Consensus

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Mean consensus

OUTPERFORM

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Last Close Price

74.24 USD

Average target price

83.59 USD

Spread / Average Target

+12.59%

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Other Property & Casualty Insurance

American International Group, Inc.

Equities

AIG

US0268747849

Property & Casualty Insurance

Zurich Insurance buys AIG travel business in $600 million deal

Stocks mentioned in the article

Latest news about American International Group, Inc.

Chart American International Group, Inc.

Company Profile

Income Statement Evolution

Ratings for American International Group, Inc.

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Property & Casualty Insurance