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American International Group, Inc. (AIG), worth a market cap of $48.5 billion, is a New York-based global insurance leader. The company delivers an extensive portfolio of insurance and financial services, including property casualty insurance, life insurance, and retirement solutions, through a robust multichannel distribution network.
Shares of AIG have underperformed the broader market over the past 52 weeks. AIG has surged 20.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 35.8%. In 2024, AIG saw a YTD uptick of 13.7%, lagging behind the SPX's 24.3% rise.
