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New York-based American International Group, Inc. (AIG) offers insurance products for commercial, institutional, and individual customers in North America and internationally. With a market cap of $45.9 billion, AIG operates through General Insurance, Life and Retirement, and Other Operations segments.
The insurance giant is set to announce its third-quarter results after the markets close on Tuesday, Nov. 4. Ahead of the event, analysts expect AIG to report a non-GAAP profit of $1.66 per share, up a staggering 35% from $1.23 per share reported in the year-ago quarter. Further, the company has a robust earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.