American International Group, Inc. (AIG)

AIG made strategic minority investments in Convex Group and Onex Corporation. AIG acquired the renewal rights for a majority of Everest Group's retail insurance portfolios worldwide. CEO Peter Zaffino announced his intention to transition to Executive Chair and retire as CEO by mid-2026, leading to a drop in AIG's shares. AIG had abruptly canceled plans to bring in John Neal as Zaffino's potential successor.

Demand for AIG's products and services exhibits seasonality driven by various factors. The insurance industry typically experiences a decline in consumer interest from late November through June. Sign-ups for health plans often surge in December. Auto policy renewals and new sign-ups tend to peak in the spring. The commercial insurance cycle often aligns with companies' fiscal calendars. Demand for homeowners insurance is influenced by real estate and weather patterns. The peak season for life insurance typically occurs at the end of the year. Property and casualty insurers experience surges in demand during natural disaster seasons. Life insurers may experience higher claim fluctuations in colder months due to the seasonality of mortality.

American International Group, Inc. (AIG) is a multinational finance and insurance corporation operating in over 80 countries. AIG's core businesses are structured around three main segments: General Insurance, Life & Retirement, and a standalone technology-enabled subsidiary. The company offers commercial and personal insurance, life insurance, retirement solutions, and other financial services.

AIG has a significant global presence, providing services in approximately 190 countries and jurisdictions through its operations and network partners. The company serves clients in over 80 countries and jurisdictions and its global network allows it to issue policies and service multinational clients in 215 jurisdictions. Its operations span North America, Europe, Asia Pacific, the Middle East, and Africa.

AIG was recognized for the sixth consecutive year among DiversityInc's Top 50 Companies for Diversity. Recent leadership changes have introduced elements that could impact brand reputation. The unexpected announcement of CEO Peter Zaffino's retirement and the earlier scrapped succession plan involving John Neal have created uncertainty in management ranks.

AIG is a publicly traded company with a significant portion of its ownership held by institutional investors, accounting for 90.6% to 95.33% of AIG's total outstanding shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Capital Research Global Investors. Notable individual and insider owners include Fairholme Capital Management LLC, Maurice R. Greenberg, and C V Starr Co Inc.