AIG: An Opportunity To Buy This Global P&C Leader, While Still Undervalued

American International Group (AIG) is upgraded to buy, driven by undervaluation, improving insurance metrics, and a robust investment-grade balance sheet. AIG's combined ratio and margins are improving, with the analyst consensus forecasting +12.8% YoY EPS growth and 19 upward revisions. Dividend growth and safety are meaningful, with AIG leading its peer group in 5-year dividend growth and maintaining a conservative payout ratio. Key risks remain from outsized catastrophe events, but diversified assets and liquidity position AIG as both a growth and dividend idea. American International Group (AIG) is on my radar again for a followup ahead of its upcoming Q2 earnings results.