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11.08.26 - 18:01
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AIG CEO on Earnings, Shipping in Hormuz, AI Buildout (Bloomberg)
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American International Group Inc. Chief Executive Officer Eric Anderson talks about how geopolitical risk is providing great opportunities to the insurer. He also speaks about clients that need to travel through the Strait of Hormuz, earnings, the ai buildout and how they use artificial intelligence. He speaks to Bloomberg's Romaine Bostick. (Source: Bloomberg)...
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06.08.26 - 22:21
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AIG Delivers Strong Second Quarter Results and Exceptional First Half of the Year (Business Wire)
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General Insurance net premiums written (NPW) of $7.5 billion, an increase of 9% year-over-year on both a reported basis and a constant dollar basis*, driven by growth across all three business segments
General Insurance underwriting income of $686 million, an increase of 10% year-over-year
General Insurance combined ratio of 89.0% and Accident year combined ratio, as adjusted* (AYCR) of 88.1%, a 30 basis point improvement year-over-year in both metrics
Net income per diluted share of $1.78, a decrease of 10% year-over-year; Adjusted after-tax income* (AATI) per diluted share of $2.00, an increase of 10% year-over-year
Return on equity (ROE) of 9.4% and Core Operating ROE* of 11.1%
Returned $904 million of capital to shareholders, including $641 million of share repurchases and $263 million of dividends in the quarter
On May 7, AIG sold its remaining interest in Corebridge Financial, Inc. (Corebridge) for aggregate proceeds of approximately $710 million
NEW YORK--(BUSINESS WIRE)--American International Gro...
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