Description
American International Group (AIG): Expense Discipline, Gen AI & AIG Next—A High-Impact Efficiency Transformation Underway!
American International Group, Inc. reported strong financial results for the fourth quarter and full year 2025, demonstrating notable improvements across underwriting, earnings, and capital management metrics. The company posted adjusted after-tax income per diluted share of $1.96 in the quarter, a 51% increase year-over-year, and $7.09 for the full year, up 43%. Underwriting income rose 48% for the quarter to $670 million and 22% for the year to $2.3 billion, marking the first time since 2008 that AIG delivered underwriting income exceeding $2 billion excluding divested businesses. General Insurance net premiums written increased modestly by 1% in the quarter and 2% for the year, with growth driven primarily by Global Commercial lines despite a decline in North America Retail Property and Global Personal segments. The company maintained strong underwriting discipline, reflected in an accident year combined ratio of 88.9% in the quarter and 88.
