American International Group Inc (AIG): Today's Featured Insurance Winner

American International Group (AIG) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day up 1.7%. By the end of trading, American International Group rose 43 cents (1.4%) to $31.94 on light volume. Throughout the day, 10.9 million shares of American International Group exchanged hands as compared to its average daily volume of 17.3 million shares. The stock ranged in a price between $31.52-$32.22 after having opened the day at $31.80 as compared to the previous trading day's close of $31.51. Other companies within the Insurance industry that increased today were: Kingsway Financial Services (KFS), up 15%, Citizens (CIA), up 7.8%, ING Groep N.V (ING), up 6%, and Presidential Life (PLFE), up 5.9%.

American International Group, Inc. engages in the provision of insurance products and services for the commercial, institutional, and individual customers in the United States and internationally. The company operates in three segments: Chartis, SunAmerica Financial Group, and Aircraft Leasing. American International Group has a market cap of $56.48 billion and is part of the financial sector. The company has a P/E ratio of 2.7, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 35.7% year to date as of the close of trading on Monday. Currently there are eight analysts that rate American International Group a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates American International Group as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including poor profit margins and feeble growth in the company's earnings per share.

• You can view the full American International Group Ratings Report.

On the negative front, Kingstone Companies (KINS), down 4%, National Security Group (NSEC), down 2.4%, American Independence Corporation (AMIC), down 2.3%, and First Acceptance Corporation (FAC), down 2.2%, were all losers within the insurance industry with Proassurance Corporation (PRA) being today's insurance industry loser.

• Use our insurance section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF (KIE) while those bearish on the insurance industry could consider Proshares Short Financials (SEF).

• Find other investment ideas from our top rated ETFs lists.

For more information on American International Group Inc click any of the following:

• American International Group Inc Stock Price

• American International Group Inc Analyst Ratings

• American International Group Inc Key Stats & Profile

• American International Group Inc Earnings

• American International Group Inc Ratio Comparison

• American International Group Inc Growth Rates

• American International Group Inc Balance Sheet

• American International Group Inc Cash Flow

• American International Group Inc Income Statement