Report
Brett Horn, CFA
EUR 101.80 For Business Accounts Only

We think AIG's results can improve with an experienced underwriter at the helm.

AIG reported a substantial loss of for the fourth quarter, due mainly to a $6.7 billion tax charge as it wrote down the value of its substantial deferred tax assets. This doesn’t concern us, however, as the charge was expected and we don’t see tax reform as having a negative impact on the company from an economic perspective. Excluding the tax charge and other non-operating items, ROE for the full year came in at 4%. This was in large part due to an unusually large amount of catastrophe losses t...
Underlying
American International Group Inc.

American International Group is a holding company. Through its subsidiaries, the company provides a range of property casualty insurance, life insurance, retirement solutions, and other financial services. The company's businesses include General Insurance, which provides insurance products and services for commercial and personal insurance customers; Life and Retirement, which brings together a portfolio of life insurance, retirement and institutional products provided through a multichannel distribution network; and Other Operations, which include Blackboard U.S. Holdings, Inc., a subsidiary focused on delivering commercial insurance solutions using digital technology, data analytics and automation.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brett Horn, CFA

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch