AIG rises after posting higher Q4 profit

American International

11/02/2026 18:06

** Shares of insurance giant American International Group AIG.N rise 6.21% to $79.66

** Co on Tuesday posted Q4 adj. after-tax income of $1.07 billion, or $1.96 per share, compared with $817 million, or $1.30 per share, a year earlier

** Total catastrophe-related charges came in at $125 million, down from $325 million a year earlier

** "Our first impression is a beat but a less impressive one compared to peers" - Piper Sandler

** 8 of 22 analysts rate stock "strong buy" or "buy" and 14 "hold"; median PT is $85 - data compiled by LSEG

** Including session's move, AIG up 5% in the last 12 months

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))