American International Group Inc (AIG) is slightly overvalued and Hartford Insurance Group Inc (HIG) is undervalued.
Against our estimates of intrinsic value, HIG trades at the wider discount: a margin of safety of +35%, against -9% for AIG.
Values as of the 22 Sept 2026 close.
Book value at 0.79x, the multiple a 7.2% return on equity justifies, blended with earnings, values the shares at $68.76; the price of $75.18 is 9% above that value.
Leak Score 60/100 on 8 of 12 signals
Book value at 2.50x, the multiple a 21.8% return on equity justifies, blended with earnings, values the shares at $197.10; the price of $128.73 is 35% below that value.
Leak Score 79/100 on 10 of 12 signals
| Metric | AIG | HIG |
|---|---|---|
| Verdict | Slightly overvalued | Undervalued |
| Price | $75.18 | $128.73 |
| Intrinsic value | $68.76 | $197.10 |
| Margin of safety | -9% | +35% |
| Leak Score | 60/100 (8/12) | 79/100 (10/12) |
| Market cap | $39.3B | $34.9B |
| Revenue growth, 5 years | -9.3% | 6.7% |
| Operating margin | 16.9% | 18.0% |
| Net margin | 11.1% | 14.9% |
| Return on equity | 7.2% | 21.8% |
| Debt to equity | 0.22 | 0.22 |
| P/E | 13.8x | 8.3x |
| Forward P/E | 8.5x | 9.4x |
| P/B | 1.0x | 1.8x |
| Dividend yield | 2.6% | 1.9% |