American International Group Inc

AIG: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$75.00	Kbmd	Fpddzjhv

AIG Finishes the Year on a Solid Note

Brett Horn

Feb 16, 2023

While reported results were weighed down by investment losses, we think American International Group, or AIG, largely maintained its course on an underlying basis in the fourth quarter. An adjusted ROE of 7% for the full year shows that there is still some work to do to get the no-moat company to an acceptable return, but we see it playing from a position of increasing strength going forward. We will maintain our $65 fair value estimate.

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