American International Intrinsic Value – AIG Names Diana Murphy and Vanessa Wittman as Independent Directors, Adding to Board Over 15 Years of Private Equity and USGA Experience.
March 1, 2023
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American International Intrinsic Value – On Monday, American International ($NYSE:AIG) Group (AIG) announced the appointment of Diana Murphy and Vanessa Wittman as independent directors, effective March 16th, 2023. Diana Murphy brings extensive experience in the industry, having spent 15 years as a managing director at private equity firm Rocksolid Holdings LLC. Her career has spanned multiple industries and markets, including acquisitions, mergers and finance. She was even named president of the United States Golf Association in 2016.
She currently serves on the board of directors for Kabbage Inc., and as an advisor to Grange Lane Capital Partners. Her experience in financial operations, risk management and technology strategy will be invaluable for AIG. With the addition of these two independent directors, AIG will have access to even more expertise and a greater wealth of knowledge for the board.
Market Price
The news saw the company’s stock open at $60.6 and close at the same price, representing a 0.8% increase from its previous closing price of $60.2. Given their expertise, AIG is confident that the two directors will add valuable insights to their Board and help set the company on its path to a prosperous future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for American International. More…
| Total Revenues | Net Income | Net Margin |
| 56.54k | 10.25k | 18.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for American International. More…
| Operations | Investing | Financing |
| 4.21k | -3.63k | -676 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for American International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 526.63k | 484.4k | 54.49 |
Key Ratios Snapshot
Some of the financial key ratios for American International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.3% | – | 27.3% |
| FCF Margin | ROE | ROA |
| 7.4% | 24.4% | 1.8% |
Analysis – American International Intrinsic Value
At GoodWhale, we have conducted an analysis of AMERICAN INTERNATIONAL‘s wellbeing. Our proprietary Valuation Line has calculated the fair value of AMERICAN INTERNATIONAL share to be around $59.1. Currently, the stock for AMERICAN INTERNATIONAL is traded at $60.6, which suggests a fair price that is overvalued by 2.6%. Our team is constantly monitoring trends in the market and will adjust our valuation line to reflect any new information that helps investors make more informed decisions. More…
Peers
Its competitors include Old Republic International Corp, UNIQA Insurance Group AG, and Zavarovalnica Triglav DD.
– Old Republic International Corp ($NYSE:ORI)
Old Republic International Corp is a holding company that operates in three segments: Insurance Group, Title Insurance Group, and the Commercial Group. The Insurance Group offers property and casualty insurance products, such as automobile and homeowners insurance, to individuals and businesses in the United States. The Title Insurance Group provides title insurance and related real estate products and services in the United States. The Commercial Group offers a range of products and services, including surety bonds, commercial credit insurance, and commercial title insurance.
– UNIQA Insurance Group AG ($LTS:0GDR)
UNIQA Insurance Group AG is one of the leading insurance groups in Austria and Central and Eastern Europe with a market share of around 15 per cent. The Group is represented in more than 20 countries with around 9,000 employees. In the 2019 financial year, UNIQA generated gross premiums written of EUR 5.6 billion. UNIQA Group is part of UNIQA Insurance Group AG.
– Zavarovalnica Triglav DD ($LTS:0KFO)
Triglav is the largest Slovenian insurance company and one of the leading insurers in the Adriatic region. It has been operating for over 125 years and offers a wide range of insurance products for individuals, families and businesses. Triglav is also active in the field of asset management. The company’s share is listed on the Prague and Ljubljana Stock Exchanges.
Triglav’s market capitalization is 726.75 million as of 2022. The company’s return on equity is 10.44%. Triglav is a leading insurer in the Adriatic region with a wide range of insurance products for individuals, families and businesses. The company is also active in asset management.
Summary
American International Group (AIG) has announced the appointment of Diana Murphy and Vanessa Wittman as Independent Directors on their board. Murphy has held senior positions in credit markets, private equity and venture capital at leading global institutions, while Wittman has extensive experience in corporate strategy, finance, accounting and investing. This move brings further expertise to the AIG board and will enable the company to continue its growth for decades to come. They will be instrumental in helping AIG to continue its success as a leading provider of insurance products and financial services to millions of customers worldwide.
