AIG: Buy The Next Dip On This Mega Insurer With Diverse Asset Portfolio

Albert Anthony
1.42K Followers

Summary

  • AIG gets a buy rating today.
  • Its positives are competitive dividend among peers, strong financial condition, asset portfolio benefiting from high interest rates, reasonable valuation on P/E and P/B.
  • Headwinds: currently trading above its 200-day average, having gone past the dip-buying opportunity in March.
  • Risk exposure to office properties in its asset book is acknowledged but remains a small part of the overall asset book, which is mainly fixed-income corporate and diversified.
Fed Bails Out AIG With $85 Billion Emergency Loan

Spencer Platt

Research Brief

The other day, in picking equities to research, I asked the question, just what ever happened to that insurance giant that made headlines during the 2008 financial sector "meltdown" amidst losses on credit default swaps & the Federal Reserve Bank of NY stepping in with

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1.42K Followers
Albert Anthony is the pen name of a Croatian-American business author who is a media contributor on investor platform Seeking Alpha, where he has over +1K followers, & also writes for platforms like Investing dot com and is launching a book on Amazon in 2025 called Financial Markets: The Next Generation. Calling himself part of the new generation of analysts in the financial markets, he comes from a non-traditional financial background having been an analyst in the IT sector for several Fortune 500 companies in the US, serving on technical support teams. This data-driven, process-oriented background has served him well in launching his own equities research firm in 2021, Albert Anthony & Company, which he manages 100% remotely. Having grown up in the New York City area to a 1st generation Croatian family in the US, he also called home the Austin Texas area where he spent time in the IT sector, as well as Croatia where he participated in dozens of business & innovation conferences, trade shows, and panel discussions in that fast growing economy of southern Europe. Albert Anthony completed degrees and ongoing training/certifications from Drew University, Corporate Finance Institute, and others. Besides appearing in financial media platforms, Albert Anthony also has been active in European casting agencies, having had extra roles in over 5 productions, as well as contributing or appearing in regional media channels in Croatia, and launching a new show in 2025 on YouTube called Financial Markets with Albert Anthony, where he does a lot of the same markets commentary he writes about. *Disclaimer: Albert Anthony and Albert Anthony & Co, as a US-based sole proprietorship registered as a trade name in Austin, Texas, are not registered financial advisors and do not provide personalized financial advisory to clients nor manage client funds but provide general markets commentary and research based on publicly-available data and own analysis, and do not sell or market financial products and services, nor are compensated by any company for rating them. The author does not hold any material position in any stock he rates at the time of writing, unless otherwise disclosed. All investment is assumed to be at risk and readers are expected to do their due diligence beyond the scope of this author's commentary, indemnifying the author of any liability for potential investment losses.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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