American International Group, Inc.

AIG position long Rudi van Niekerk, Desert Lion Capital

Thesis

AIG is in the middle stages of a successful turnaround with a talented management team. The company is benefiting from strong pricing across the commercial insurance industry, making it a better opportunity on a risk-adjusted basis compared to banks.

Did it work?

inconclusive confidence: low

Without specific price performance data or a defined time frame since the pitch, it's difficult to assess whether the turnaround at AIG has progressed as anticipated. The thesis suggests a positive outlook based on management and industry conditions, but without concrete evidence of performance or developments, the outcome remains uncertain.

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