Earnings PerformanceAIG reported operating EPS of $1.23, beating consensus of $1.10, with the upside driven by lower catastrophe losses and higher net favorable prior year development.
Stock ValuationAIG's shares trade at around 1.0x book value, which is lower compared to peers that are above 1.6x, suggesting the potential for a relief rally in the share price.
Strategic Financial PositionThe full de-consolidation of AIG's Life operations is expected to occur, which could be beneficial to the company's financial structure.