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Dec 31, 2020
AIG Q4 2020 Earnings Report
AIG reported a net loss with progress in General Insurance and strong returns in Life and Retirement.
Key Takeaways
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.
Net loss attributable to AIG common shareholders was $60 million, or $0.07 per common share.
AATI was $827 million, or $0.94 per diluted common share.
Total consolidated net investment income was $4.0 billion.
Book value per common share was $76.46 as of December 31, 2020, an increase of 3.5% compared to September 30, 2020.
Forward Guidance
AIG is positioning for long-term, sustainable and profitable growth, effectively managing the impacts of COVID-19 and natural catastrophes while remaining well capitalized.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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