AIG Reports $3.096 Billion Net Income for Fiscal Year 2025

**American International Group, Inc. (AIG) Reports Fiscal Year 2025 Results**

American International Group, Inc. (AIG) has released its financial results for the fiscal year ending December 31, 2025, showcasing a net income attributable to AIG common shareholders of $3.096 billion, a significant turnaround from the $1.426 billion loss reported in the previous fiscal year. The company's adjusted after-tax income attributable to AIG common shareholders reached $4.044 billion, translating to $7.09 per diluted share, a 43% increase compared to the prior year. These results reflect improvements in underwriting income and a lower income tax expense, offset by lower net investment income and higher net realized losses.

AIG's General Insurance segment demonstrated strong underwriting performance, with underwriting income increasing by 22% to $2.332 billion. The combined ratio for the year stood at 90.1, indicating a profitable underwriting performance. This improvement was driven by lower catastrophe losses, which totaled $920 million compared to $1.178 billion in the previous year, and higher net favorable prior year reserve development. The company's strategic focus on underwriting expertise and expense discipline contributed to these positive results.

Operationally, AIG continued to execute its capital management strategy, returning approximately $6.8 billion to shareholders through $5.8 billion in stock repurchases and $1.0 billion in dividends. The company also made strategic investments, including the acquisition of renewal rights from Everest Group, Ltd. and investments in Convex Group Limited and Onex Corporation. These moves are aimed at enhancing AIG's market position and diversifying its investment portfolio. The company's global workforce remained relatively stable at approximately 22,100 employees across 45 countries.

Looking ahead, AIG faces both opportunities and challenges. The company's financial strength ratings were upgraded by Fitch, S&P, and Moody's, and affirmed by A.M. Best, which could enhance its ability to attract and retain customers. However, AIG acknowledges potential risks related to market conditions, reserve estimates, catastrophic events, and regulatory changes. The company's management team is focused on navigating these challenges while continuing to execute its strategic plan and deliver value to shareholders.