AIG, the world's leading insurer, has been given a Buy rating by UBS, indicating positive market sentiment.
The company generates most of its revenue from its insurance segment, with non-life insurance products contributing 56.7% and life and annuity insurance products contributing 43.3%. AIG is particularly strong in the American market, especially in commercial and industrial insurance.
Other financial services and asset management activities account for the remaining 1.5% of revenue. North America is a significant market for AIG, representing 71.7% of its overall revenues.