American International Group Inc. (NYSE:AIG) Hikes After Bailout Is Paid Off; Bernstein Outperform

Northern, WI 1/29/2013 (avauncer) - American International Group Inc. (NYSE:AIG) Shares turn Hot-Cake on the Street As The insurer bailed Itself out from the four yearlong Fed- led rescue operation. The 2008 fiscal crises triggered solvency issues at many of the giant players in the financial market. AIG barely escaped a near death situation with the help of a rehabilitation plan from Fed-R. But almost whole of its equity value extinguished after the taxpayer rescue.

By December last year, the insurer paid off all of its liabilities to the regulator, a total of $182.3. Analysts expect the coming year to be a year of great earnings potential. With treasury out and AIG a public company once again – the company begins to make progress on driving earnings — and likely institutes a dividend”, say “Josh Stirling a Bernstein analyst. His firm gave the insurer a “once in a generation low-risk chance to buy”

American International Group Inc. (NYSE:AIG)’s fiscal year ends in December each year. Since January 1st, 2013, the company’s stocks have risen 0.06% to $37.3. However, the shares still trade at less than 50 % of their Net book value (NBV).

The shares of its competitors like travelers Co and Ace Limited (NYSE: ACE) are currently being traded at more than their Net Assets Value.

The shares of Ace Limited (NYSE: ACE) were down by 0.80% to close at $84.66.

The shares of American International Group Inc. Limited (NYSE:AIG) were up by 1.63% to close at $37.30.