AIG Earnings Reports

AIG reported strong fourth-quarter results with a 6% increase in General Insurance net premiums written (NPW) reaching $7.18 billion. Net income attributable to AIG common shareholders was $898 million, or $1.43 per diluted share, a significant improvement from $86 million or $0.12 per share in the prior year quarter. Adjusted after-tax income (AATI) per diluted share was $1.30, up 2% year-over-year. Operating performance was solid despite higher catastrophe-related losses of $325 million. The company returned approximately $2.1 billion to shareholders during the quarter.

AIG reported excellent third quarter financial results, demonstrating underwriting excellence and capital management discipline. The adjusted after-tax income per diluted share was $1.23, an 18% increase year-over-year. The company returned approximately $1.8 billion of capital to shareholders through stock repurchases and dividends.

AIG reported an outstanding second quarter with terrific underwriting results. The deconsolidation of Corebridge was completed. Adjusted after-tax income per diluted share was $1.16, a 9% increase year-over-year, or 38% on a comparable basis.

AIG reported strong first quarter 2024 results, with significant increases in underwriting income and adjusted pre-tax income in General Insurance. The company executed substantial capital management actions, including returning $2.4 billion to shareholders. Net income per diluted share was $1.74, and adjusted after-tax income per diluted share was $1.77.

AIG reported a net income per diluted share of $0.12 and an adjusted after-tax income per diluted share of $1.79 for Q4 2023. General Insurance net premiums written increased by 3% year-over-year, and the combined ratio improved to 89.1%. The company returned $1.3 billion to shareholders through stock repurchases and dividends.

AIG reported a strong Q3 2023, with adjusted after-tax income per diluted share increasing by 92% year-over-year. The General Insurance combined ratio improved, and Life and Retirement also delivered solid results. AIG is streamlining its business model and simplifying its portfolio through strategic sales.

AIG reported a net income of $1.5 billion and adjusted after-tax income of $1.3 billion for Q2 2023. The company saw growth in General Insurance net premiums written and Life and Retirement adjusted pre-tax income. AIG also executed several strategic transactions, including the sale of Validus Re and a secondary offering of Corebridge Financial common stock.

AIG reported strong first-quarter results with General Insurance net premiums written increasing by 5% year-over-year. The combined ratio improved to 91.9%, and underwriting income exceeded $500 million. The Life and Retirement business (Corebridge Financial, Inc.) also had a strong quarter, with premiums growing 159% to $2.2 billion.

AIG's Q4 2022 net income attributable to AIG common shareholders was $264 million, or $0.35 per diluted common share, compared to $3.7 billion, or $4.38 per diluted common share, in the prior year quarter. AATI was $1.0 billion, or $1.36 per diluted common share, for the fourth quarter of 2022 compared to $1.3 billion, or $1.58 per diluted common share, in the prior year quarter.

AIG reported a strong third quarter, highlighted by the Corebridge IPO and continued profitable underwriting in General Insurance. Pre-tax income from continuing operations was $3.8 billion, up from $2.2 billion in the prior year quarter. Net income attributable to AIG common shareholders was $2.7 billion, or $3.50 per diluted common share, compared to $1.7 billion, or $1.92 per diluted common share, in the prior year quarter.

AIG reported strong Q2 2022 results, driven by outstanding performance in General Insurance and solid results in Life and Retirement, despite market headwinds. The company deferred the Corebridge Financial IPO due to market volatility but made progress on separation initiatives. AIG accelerated capital management priorities, including debt redemption and share repurchases.

AIG reported strong first quarter results, driven by improvements in underwriting profitability in General Insurance and solid performance in Life and Retirement. The company also made progress on the separation of Life and Retirement and accelerated capital management actions, including increasing the share repurchase authorization to $6.5 billion.

AIG reported strong Q4 2021 results, driven by improved underwriting profitability in General Insurance and solid performance in Life and Retirement. The company ended the year with significant parent liquidity.

AIG reported a net income of $1.7 billion for Q3 2021, a significant increase compared to $281 million in the prior year quarter. The company's General Insurance segment demonstrated strong underwriting profitability, while Life and Retirement remained a solid contributor. AIG also repurchased $1.1 billion of common stock and redeemed $1.5 billion of debt, showcasing its financial strength.

AIG reported a strong second quarter with General Insurance delivering excellent results, and Life and Retirement contributing meaningfully. The company is making progress on AIG 200 and the separation of Life and Retirement. Strategic partnership with Blackstone was announced, and the share buyback authorization was increased to $6 billion.

AIG reported a strong first quarter with growth in General Insurance and solid performance in Life and Retirement. Net income attributable to AIG common shareholders was $3.9 billion, or $4.41 per diluted common share. The combined ratio was 98.8 inclusive of catastrophe losses and 92.4, as adjusted. AATI was $923 million, or $1.05 per diluted common share.

AIG reported a net loss of $60 million for Q4 2020, compared to a net income of $922 million in the prior year quarter. However, the General Insurance business showed improvement with a 1.9 point improvement in the accident year combined ratio, as adjusted.

AIG reported solid third quarter results with General Insurance showing improvement in accident year combined ratio and Life and Retirement demonstrating strong improvement in adjusted pre-tax income. The results were impacted by natural catastrophes, COVID-19 losses, and actuarial assumption updates.

AIG reported its Q2 2020 results, showing resilience amidst the COVID-19 pandemic. The company focused on portfolio remediation and expense discipline, while Life and Retirement benefited from diversification. AIG also executed transactions to enhance its risk profile, including the sale of a majority stake in Fortitude Holdings.

AIG's Q1 2020 results showed a net income of $1.7 billion, primarily due to significant pre-tax net realized capital gains. The company's core businesses, General Insurance and Life and Retirement, delivered strong results, with General Insurance improving its adjusted accident year combined ratio. However, COVID-19 is expected to be the single largest CAT loss the industry has ever seen.

AIG's Q4 2019 results showed significant improvement compared to the prior-year quarter, driven by favorable underwriting in General Insurance, reduced catastrophe losses, and increased net investment income. Net income attributable to AIG common shareholders was $922 million, or $1.03 per diluted common share.