bullish
AIG: Rise, Fall, and Rebirth - [Business Breakdowns, EP.187]
SUMMARY
- The company required a $180 billion bailout from the US government during the financial crisis, but has since fully repaid it with interest.
- Under Peter Zafino's leadership, AIG has refocused its underwriting efforts, returning to profitability and divesting non-core businesses.
- AIG has undergone a remarkable turnaround post-financial crisis, focusing on specialty insurance for top quartile industry returns
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
x