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AIG American International Group Inc

75.74
0.00 (0.00%)
Pre Market
Last Updated: 14:15:13
Delayed by 15 minutes
Share Name Share Symbol Market Type
American International Group Inc NYSE:AIG NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 75.74 34 14:15:13

Insurance Re-pricing, Expanded Services, Upgraded S&P Ratings, and New Master Policies - Analyst Notes on AIG, ACE, MBIA, MGI...

24/03/2014 12:00pm

PR Newswire (US)


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NEW YORK, March 24, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding American International Group, Inc. (NYSE: AIG), ACE Limited (NYSE: ACE), MBIA Inc. (NYSE: MBI), MGIC Investment Corporation (NYSE: MTG), and Radian Group, Inc. (NYSE: RDN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

American  International  Group,  Inc.  Analyst  Notes

On March 17, 2014, American International Group, Inc. (AIG) announced that it has repriced AG Select-a-Term, the highly customizable term life insurance issued by American General Life Insurance Company. The Company said that AG Select-a-Term offers an affordable coverage for policy holders until age 90, with a wide selection of available riders making the policy further customizable. "AG Select-a-Term's newly lowered premiums, together with the product's flexibility, can make it a smart solution for many family and business needs. Further, the repricing of AG Select-a-Term reflects our ongoing commitment to our valued distribution partners; this is yet another step we've taken that's intended to help them thrive in today's economy," said Chris Ogburn, Vice President of Product Management for AIG's US Life Insurance Business. The full analyst notes on American International Group, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03242014/AIG/report.pdf

ACE  Limited  Analyst  Notes

On March 18, 2014, ACE Limited (ACE) announced that it has expanded its environmental risk insurance proposition to add crisis management cover. The Company stated that the expansion is in response to the evolving environmental cover needs of companies in Europe. ACE's environmental risk insurance proposition now covers the costs of counsel and other expert services for businesses. "By expanding our environmental risk proposition with crisis management services we can now offer our clients and their brokers comprehensive insurance cover combined with the reassurance of access to critical services that can help them navigate the immediate aftermath of a serious environmental incident," said Karl Russek, Senior Vice President Environmental Risk for ACE Overseas General. The full analyst notes on ACE Limited are available to download free of charge at:

http://www.AnalystsReview.com/03242014/ACE/report.pdf

MBIA  Inc.  Analyst  Notes

On March 18, 2014, MBIA Inc. (MBIA) announced that the S&P has upgraded its financial strength rating on the Company's primary financial guarantee insurance subsidiary, National Public Finance Guarantee Corp. (National) to "AA-" from "A." In addition, the Company also announced that S&P has upgraded the counterparty credit rating of MBIA to "A-" from "BBB." S&P has given a "Stable" outlook to both the companies. "With a rating in the double-A range now in hand, National will turn its attention toward executing its business plan and supporting the credit enhancement needs of municipalities across the United States. MBIA Inc.'s single-A minus rating will significantly enhance its financial flexibility and provide us with greater opportunities to reduce holding company leverage over time," said Jay Brown, CEO of MBIA. The full analyst notes on MBIA Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03242014/MBI/report.pdf

MGIC  Investment  Corporation  Analyst  Notes

On March 12, 2014, MGIC Investment Corporation (MGIC Investment) announced that its principal mortgage insurance subsidiary Mortgage Guaranty Insurance Corporation (MGIC) has introduced an updated Master Policy, providing greater clarity and transparency on all aspects of the mortgage insurance process. The Company said that the new Master Policy features combined coverage requirements of Fannie Mae and Freddie Mac, with the ability to upgrade to 12-month rescission coverage protection under MGIC's Gold Cert program. "Our new policy reemphasizes our partnership with the lending community and maintains MGIC's strong focus on quality. We will work with customers to make the transition to our new Master Policy as simple and easy as possible," said Patrick Sinks, President and CEO of MGIC. The Company expects the new master policy to take effect on July 1, 2014. The full analyst notes on MGIC Investment Corporation are available to download free of charge at:

http://www.AnalystsReview.com/03242014/MTG/report.pdf

Radian  Group,  Inc.  Analyst  Notes

On March 12, 2014, Radian Group, Inc. (Radian Group) announced that its subsidiary Radian Guaranty Inc. (Radian Guaranty) is planning to offer rescission relief after 12 months for both delegated and non-delegated customers. The Company intends to make the new product available as part of the enhancements that it is making to its Master Policy. "Our unique offering - Confident Coverage™ - is designed to offer customers the ability to opt-in to receive rescission relief on every loan after just 12 months," said Teresa Bryce Bazemore, President of Radian Guaranty. The Company expects the new policy to be effective starting July 1, 2014. The full analyst notes on Radian Group, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03242014/RDN/report.pdf


About  Analysts  Review
We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

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EDITOR  NOTES:

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] AnalystsReview.com.
  • For  any  urgent  concerns  or  inquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com for consideration.

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Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the Procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT  FINANCIAL  ADVICE

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO  WARRANTY  OR  LIABILITY  ASSUMED

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