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AMERICAN INTERNATIONAL GROUP, INC.

(AIG)
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Insurer AIG picks Sept. 14 as global back-to-office date

07/21/2021 | 12:26pm EDT
FILE PHOTO: FILE PHOTO: A sign is displayed over the entrance to the AIG headquarters offices in New York's financial district

(Reuters) - American International Group Inc, one of the largest U.S. insurers, has set Sept. 14 as its global return-to-office date, Chief Executive Officer Peter Zaffino told employees on Wednesday in a memo seen by Reuters.

Zaffino said local regulations will continue to guide how employees return to offices, including mask use, office capacity and social distancing, as vaccination progress and other conditions remain different across the world.

"Safety measures will remain in place for colleagues who are not fully vaccinated," Zaffino said.

He also said AIG had completed a soft opening of its new headquarters in midtown Manhattan in New York City, and many employees were already working in that office for a few days a week.

Several major finance firms are reopening their offices, emboldened by aggressive vaccination drives and falling COVID-19 cases in major financial hubs, after sending most employees home early last year to help stem the spread of the coronavirus.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Devika Syamnath)


ę Reuters 2021
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Financials (USD)
Sales 2021 46 679 M - -
Net income 2021 6 411 M - -
Net Debt 2021 - - -
P/E ratio 2021 6,38x
Yield 2021 2,74%
Capitalization 40 968 M 40 968 M -
Capi. / Sales 2021 0,88x
Capi. / Sales 2022 0,88x
Nbr of Employees 45 000
Free-Float 45,0%
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Technical analysis trends AMERICAN INTERNATIONAL GROUP, INC.
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Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 47,74 $
Average target price 54,73 $
Spread / Average Target 14,6%
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Managers and Directors
Peter S. Zaffino President, CEO, COO & Director
Mark Donald Lyons Chief Financial Officer & Executive Vice President
Brian Duperreault Executive Chairman
John P. Repko Chief Information Officer & Executive VP
Christopher S. Lynch Independent Director
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