The insurance industry closed the day down 3.8%. Affirmative Insurance Holdings Inc ( AFFM), Phoenix Companies Inc ( PNX), National Security Group ( NSEC), and MGIC Investment Corporation ( MTG) were all decliners today within the insurance industry with American International Group Inc ( AIG) being today's featured insurance loser. American International Group Inc fell $1.37 (-6.2%) to $20.58 on average volume. Throughout the day, 8.5 million shares of American International Group Inc exchanged hands as compared to its average daily volume of 7.8 million shares. American International Group, Inc. is an international insurance organization. The company operates property and casualty insurance networks worldwide and conducts activities in the U.S. life insurance and retirement services industry. American International Group Inc has a market cap of $43.4 billion and is part of the financial sector. TheStreet Ratings rates American International Group as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow, generally disappointing historical performance in the stock itself and poor profit margins.
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