Can AIG Arrest The Steady Decline In Its Top Line?
November 26, 2019 by Trefis Team, Great Speculations
American International Group, Inc. (NYSE: AIG) is a leading provider of Property & Casualty Insurance, Life Insurance, Group & Individual Retirement products, bank-owned life products and Mutual Fund services to retail customers, small to medium businesses, corporations and other institutions. The company reported a 10% decline in revenues over the last two years, from $52.4 billion in 2016 to $47.4 billion in 2018.
Trefis details the key components of AIG’s Revenues in an interactive dashboard along with our forecast for the next two years. While we expect revenues to increase 5% to $49.7 billion for full-year 2019 thanks to a sizable increase in Life & Retirement segment revenues, headwinds for its General Insurance business and planned reductions in its Legacy Portfolio will result in total revenues shrinking again in 2020. You can make changes to our forecast for individual revenue streams in the dashboard to arrive at your own forecast for the company’s revenues.