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American International Group Inc AIG

American International Group, Inc. (AIG) is a global insurance company. The Company provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners. The Company operates through three segments: General Insurance, Life and Retirement, and Other Operations. Its General Insurance segment consists of two segments: North America and International. Its Life and Retirement segment consists of four segments: Individual Retirement, Group Retirement, Life Insurance and Institutional Markets. Its North America and International segments consist of two product categories: Commercial Lines, which consists of Liability, Financial Lines, Property and Global Specialty, and Personal Insurance, which consists of Personal Lines, and Accident and Health. Its individual retirement consists of fixed annuities, fixed index annuities and variable annuities.


NYSE:AIG - Post by User

Post by prestedon Dec 14, 2016 12:02pm
350 Views
Post# 25598676

Time to start acquiring

Time to start acquiringThe election of Donal Trump and the move toward higher rates make this a time to begin acquiring this company again. Once the Dodd/Frank has been revoked by Trump, which he has said will happen early in his presidency (he never lied before!), it will be business as usual for the US banks.  Particularly if the Volcker Rule is revoked.
Remember, this was a $1200 stock ten years ago! Not that it will get to those dizzy heights overnight, but it is a no brainer IMHO. 
  As rates rise, spreads widen, so this is an area one cannot ignore. GLTA in 2017.
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