Top 10 Diversified Bank Stocks To Buy For 2016

Top 10 Diversified Bank Stocks To Buy For 2016: American International Group Inc.(AIG)

American International Group, Inc. is an international insurance organization. The company operates property and casualty insurance networks worldwide and conducts activities in the U.S. life insurance and retirement services industry. It also involves in commercial aircraft leasing and residential mortgage guaranty insurance businesses. The company, through Chartis Inc., provides various property and casualty insurance products under commercial and consumer categories worldwide. These products include surplus lines, executive liability/directors? and officers? liability, employment practices, excess casualty, and travel/assistance lines. American International Group, through SunAmerica Financial Group, offers a suite of life insurance and retirement products and services, including term life, universal life, accident and health, fixed and variable deferred annuities, fixed payout annuities, mutual funds, and financial planning products and services to individuals and grou ps in the United States. The company, through International Lease Finance Corporation, operates as an aircraft lessor that acquires commercial jet aircraft from various manufacturers and other parties, and leases those aircraft to airlines worldwide. It also sells aircraft from its fleet to other leasing companies, financial services companies, and airlines, as well as provides management services to third-party owners of aircraft portfolios. American International Group, through United Guaranty Corporation, issues residential mortgage guaranty insurance that covers mortgage lenders from the first loss for credit defaults on high loan-to-value conventional first-lien mortgages for the purchase or refinance of one- to four-family residences in the U.S. and internationally. The company was founded in 1967 and is based in New York, New York.

! Advisors' Opinion:

• [By Kingkarn Amjaroen]

  After almost all major insurance companies, including American International Group (NYSE: AIG  ) and MetLife (NYSE: MET  ) reported their quarterly earnings, Prudential Financial (NYSE: PRU  ) was among the last companies in the sector that reported their results last Thursday: And they were not as bad as many would want you to believe.

• [By Ben Levisohn]

  Deustche Bank’s Joshua Shanker and Phil Stefano upgraded shares of American International Group (AIG) today and it had little to do with improving business, stronger margins or any change in fundamentals, really.

• [By Matt Egan]

  His surprising comment surfaced last week in an court document related to the AIG (AIG) bailout.

  "September and October of 2008 was the worst financial crisis in global history, including the Great Depression," court documents filed on August 22 quote Bernanke as saying.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-diversified-bank-stocks-to-buy-for-2016.html