AMERICAN INTERNATIONAL GROUP
$77.61
+0.54%
American International Group partnered with CVC Capital Partners for a $3.5 billion portfolio investment in private credit, diversifying its investment portfolio as Goldman Sachs upgraded the stock on improved underwriting profitability and capital allocation discipline. The company's $0.45 quarterly dividend went ex-date on March 16, with analysts holding a Buy consensus and an average price target of $87.10. Risks include catastrophic property loss exposure, commercial lines pricing cycle normalization, and execution risk in the ongoing global insurance business restructuring.