Income StatementBalance SheetCash FlowSegments
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American International Group Income Statement

Revenue, expenses, and profitability over time

American International Group generated $26.6B in trailing twelve-month revenue, down 0.0% year-over-year. Net income was $3.2B with a 11.86% net margin. Diluted EPS is $5.68, which grew 3.2% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$26.6BNet Income (TTM)$3.2BEps Diluted (TTM)$5.68
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$40.1B
P/E Ratio12.70
ROE7.73%

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Unrealized Gain (Loss) on Investments$567.0M$317.0M$488.0M-$268.0M—-$249.0M
Unrealized Gain (Loss) on Equity Investments$567.0M$317.0M$488.0M-$268.0M—-$249.0M
Unrealized Gain (Loss) on Investments$567.0M$317.0M$488.0M-$268.0M—-$249.0M
Cash Paid for Interest$277.0M$72.0M$128.0M$68.0M$121.0M$67.0M
Gain (Loss) on Disposal of Non-Discontinued Group$522.0M$3.0M$50.0M$0.0$28.0M-$127.0M
Investment Impairment Losses$3.0M$0.0$0.0$286.0M$36.0M$4.0M
Equity Securities FV-NI Gain (Loss)$467.0M$242.0M$526.0M-$182.0M—-$241.0M
Gain (Loss) on Cenovus Energy Investment$467.0M$242.0M$526.0M-$182.0M—-$241.0M
Gain (Loss) on Equity Securities, FV-NI$414.0M$217.0M$464.0M-$288.0M—-$237.0M
Realized Investment Gains (Losses)-$114.0M-$103.0M-$258.0M-$490.0M-$351.0M-$135.0M
Realized Gain on AFS Securities$27.0M$16.0M$14.0M$15.0M$27.0M$20.0M
Gain on retained interest in Sandisk$36.0M$230.0M$504.0M-$119.0M$39.0M-$247.0M
Net gains (losses) on equity securities$467.0M$242.0M$526.0M-$182.0M—-$241.0M
Realized Gain (Loss) on Equity Securities$431.0M$12.0M$22.0M-$63.0M-$145.0M$6.0M
Gain (Loss) on Disposal Group Held for Sale$522.0M$3.0M$50.0M$0.0$28.0M-$127.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash Paid for Income Taxes—$96.0M$62.0M-$23.0M$195.0M$96.0M
Prior Year Tax Adjustments1.6%—————
Current State Tax Expense—$4.3M$4.3M$4.3M$4.3M—
Tax Reconciliation, Tax Credits—0.1%0.1%0.1%0.1%—
Current State and Local Tax Expense (Benefit)—$4.3M$4.3M$4.3M$4.3M—
Income Taxes Paid, Net—$96.0M$62.0M-$23.0M$195.0M$96.0M
Current State and Local Tax Expense—$4.3M$4.3M$4.3M$4.3M—
Current State and Local Tax Expense (Benefit)—$4.3M$4.3M$4.3M$4.3M—
Income Taxes Paid, Net—$96.0M$62.0M-$23.0M$195.0M$96.0M
Excess Tax Benefits from Share-Based Compensation-$4.0M—————
Tax Reconciliation: Prior Year Adjustments$60.0M—————
Tax Reconciliation: Tax Credits—$5.0M$5.0M$5.0M$5.0M—
Current State and Local Tax Expense (Benefit)—$4.3M$4.3M$4.3M$4.3M—
Current State and Local Tax Expense (Benefit)—$4.3M$4.3M$4.3M$4.3M—
Income and Other Taxes—$96.0M$62.0M-$23.0M$195.0M$96.0M
Current State and Local Tax Expense—$4.3M$4.3M$4.3M$4.3M—

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends$244.0M$234.0M$254.0M$246.0M$242.0M$241.0M
Net income attributable to noncontrolling interests$3.0M$0.0$0.0$5.0M—$0.0
Net income$898.0M$698.0M$1.1B$519.0M$735.0M$763.0M
Common Stock Dividends$244.0M$234.0M$254.0M$246.0M$242.0M$241.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
OCI AFS Securities Before Reclassifications (Net of Tax)-$364.0M$322.0M———-$735.0M
Income Taxes Paid, Net—$96.0M$62.0M-$23.0M$195.0M$96.0M
Interest Paid, Net$277.0M$72.0M$128.0M$68.0M$121.0M$67.0M
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity—-$754.0M$247.0M$819.0M—-$608.0M
Assumed$986.8M$936.8M$936.8M$936.8M$936.8M—
Aggregate fair value of available for sale securities sold$4.3B$4.8B$2.6B$2.5B$2.5B$3.8B
Business Combination And Divestiture Acquisition And Integration Related Costs—$5.0M$1.0M$7.0M$123.0M$7.0M
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation-$272.0M$36.0M$433.0M-$247.0M-$249.0M$183.0M
Ceded Premiums Earned$2.9B$2.9B$2.9B$2.9B$2.9B—
Changes In Unpaid Net Loss Reserves Related To Deferred Gain, Amortization On Retroactive Reinsurance At Inception$34.0M$31.0M$31.0M$31.0M$31.0M—
Percent of Amount Assumed to Net4.2%4.0%4.0%4.0%4.0%—
Addition to (release of) the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery of amortized cost basis—$2.0M$0.0$3.0M—-$2.0M
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff$2.0M$8.0M$1.0M$5.0M$6.0M$0.0
Debt Securities, Available-for-Sale, Excluding Accrued Interest, Allowance for Credit Loss, Sold—$4.0M$2.0M$0.0$6.0M$3.0M
Credit losses on securities without previous credit losses$3.0M$2.0M$18.0M$2.0M$6.0M$6.0M
Total net securities (losses)-$265.0M-$262.0M-$151.0M-$102.0M-$78.0M-$130.0M
Debt Securities, Available-for-Sale, Realized Loss$292.0M$278.0M$165.0M$117.0M$105.0M$150.0M
Capitalization$854.0M$750.0M$917.0M$869.0M$845.0M$881.0M
Amortization of deferred policy acquisition costs$882.0M$825.0M$847.0M$850.0M$849.0M$824.0M
Deferred Policy Acquisition Costs, Disposition$0.0$0.0$0.0$0.0$0.0—
Other, including foreign exchange-$98.0M$19.0M$72.0M-$35.0M—-$35.0M
State—-$3.0M-$3.0M-$3.0M-$3.0M—
Maximum percentage of annual compensation contributed by the participant (percent)1.5%1.5%1.5%1.5%1.5%—
Depreciation, Amortization and Accretion, Net$990.0M$866.0M$883.0M$831.0M$875.0M$849.0M
Direct premiums earned$7.8B$7.9B$7.9B$7.9B$7.9B—
Gain in connection with sale$522.0M$3.0M$50.0M$0.0$28.0M-$127.0M
Effect of exchange rate changes on cash, cash equivalents and restricted cash-$46.0M$18.0M$13.0M-$2.0M—-$6.0M
Effective Income Tax Rate Reconciliation, Cross-Border, Other, Amount—$7.0M$7.0M$7.0M$7.0M—
Other—0.2%0.2%0.2%0.2%—
Effective Income Tax Rate Reconciliation, FDII, Amount—$14.8M$14.8M$14.8M$14.8M—
Effective Income Tax Rate Reconciliation, FDII, Percent—0.4%0.4%0.4%0.4%—
Other0.1%0.1%0.1%0.1%0.1%—
Excess tax benefits associated with employee equity plans (in percent)-0.1%—————
Excess tax benefits associated with employee equity plans-$4.0M—————
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period-$331.0M$27.0M$1.0M$17.0M$0.0$33.0M
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss-$1.0M$4.0M$2.0M$3.0M$2.0M$5.0M
Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss—-$2.0M-$32.0M-$30.0M-$29.0M$17.0M
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period$0.0$0.0$0.0$0.0$0.0$0.0
Purchases$126.0M$163.0M$419.0M$524.0M$491.0M$160.0M
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings—-$41.0M$5.0M-$45.0M-$58.0M$9.0M
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases, (Sales), Issuances, (Settlements)-$267.0M-$8.0M$120.0M-$28.0M$46.0M-$17.0M
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales$150.0M$52.0M$48.0M$32.0M$52.0M$51.0M
Other Comprehensive (Income) Loss$0.0$0.0$0.0$0.0$0.0$0.0
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues$0.0$0.0$0.0$0.0$0.0$0.0
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements—$8.0M-$120.0M$28.0M-$46.0M$17.0M
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements$120.0M$237.0M$107.0M$205.0M$105.0M$213.0M
Gross Transfers Out$0.0$0.0$0.0$0.0$0.0$0.0
Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3$0.0$0.0$0.0$0.0$0.0$0.0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases-$194.0M$0.0$0.0$0.0$0.0$0.0
Other$17.0M$0.0$0.0$0.0-$3.0M-$130.0M
Sales-$338.0M$0.0$0.0$0.0$0.0$0.0
Other$0.0$0.0$0.0$0.0$0.0$0.0
Issuances, liabilities$0.0$0.0$0.0$0.0$0.0$0.0
Gain (Loss) On Sale Of Debt Securities, Available For Sale And Other Assets, Net-$505.0M-$260.0M-$193.0M-$86.0M-$167.0M-$121.0M
Foreign exchange and other-$6.8M$15.5M$15.5M$15.5M$15.5M—
Net results of businesses in run-off, net investment income, reconciliation to income (loss) from continuing operations before income tax expense-$115.0M$5.0M$2.0M$1.0M—-$5.0M
Net results of businesses in run-off$4.0M$5.0M$8.0M$9.0M$9.0M$9.0M
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions$0.0$3.0M-$16.0M$29.0M-$16.0M$0.0
Current$164.3M$226.3M$226.3M$226.3M$226.3M—
Deferred$128.3M-$30.8M-$30.8M-$30.8M-$30.8M—
Federal taxes—-$57.3M-$57.3M-$57.3M-$57.3M—
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount$3.3M$5.0M$5.0M$5.0M$5.0M—
Income Taxes Paid, Net—$96.0M$62.0M-$23.0M$195.0M$96.0M
Current and deferred income taxes - net$473.0M$165.0M$336.0M$216.0M—$128.0M
Increase (Decrease) in Deferred Policy Acquisition Costs$854.0M$761.0M$927.0M$888.0M$862.0M$895.0M
Loss and loss adjustment expense reserves—-$319.0M$1.1B-$214.0M—$553.0M
Increase (Decrease) In Loss Reserve Discount, Current Year-$42.0M-$23.0M-$33.0M-$36.0M-$28.0M-$23.0M
Increase (Decrease) In Loss Reserve Discount, Including Reinsurance$27.0M$16.0M-$7.0M-$9.0M$3.0M-$101.0M
Increase (Decrease) In Loss Reserve Discount, Prior Year$86.0M$40.0M$45.0M$34.0M$49.0M-$25.0M
Increase (Decrease) in Other Operating Assets and Liabilities, Net—$497.0M-$482.0M-$56.0M$238.0M$430.0M
Increase (Decrease) In Premiums And Insurance Balances Receivable And Payable, Net$32.0M-$392.0M$1.2B$119.0M$236.0M$282.0M
Increase (Decrease) In Reinsurance Assets, Net-$1.9B$537.0M$61.0M-$326.0M-$773.0M$1.0B
Interest Paid, Excluding Capitalized Interest, Operating Activity$277.0M$72.0M$128.0M$68.0M$121.0M$67.0M
Total investment income—$1.1B$1.5B$810.0M$927.0M$752.0M
Liability For Unpaid Claims And Claims Adjustment Expense, Retroactive Reinsurance Discount-$68.0M-$1.0M-$19.0M-$7.0M-$18.0M-$53.0M
Retroactive reinsurance adjustment (net of discount)—$35.0M-$20.0M$77.0M—$18.0M
Losses and loss adjustment expenses recognized within net (gain) loss on divestitures$0.0$32.0M$15.0M$13.0M$0.0$4.0M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$3.0B-$2.7B-$1.5B-$1.5B-$799.0M-$799.0M
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation$2.7B$2.8B$564.0M-$56.0M$0.0$833.0M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$125.0M-$56.0M$1.4B$1.3B$636.0M$155.0M
Net Income Loss Attributable To Noncontrolling Interest$3.0M$0.0$0.0$5.0M—$0.0
Non-cash consideration received from sale of Validus Re$0.0$0.0$0.0$0.0$0.0—
Fixed maturity securities and other invested assets transferred in connection with reinsurance transactions$0.0-$17.0M$0.0$0.0$17.0M$0.0
Non-operating litigation reserves and settlements—$11.0M$2.0M$0.0——
Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken—$4.0M-$6.0M$0.0$3.0M-$1.0M
Change in unrealized appreciation (depreciation) of all other investments—$425.0M$492.0M$547.0M$31.0M-$616.0M
Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts-$543.0M$6.0M$1.0M$5.0M$7.0M$4.0M
Occupancy and Related Charges$41.0M$37.5M$37.5M$37.5M$37.5M—
Operating lease income$44.3M$39.0M$39.0M$39.0M$39.0M—
Change in discount rates$0.0$9.0M———$5.0M
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), After Reclassification, Before Tax-$500.0K-$250.0K-$250.0K-$250.0K-$250.0K-$1.0M
Other Comprehensive (Income) Loss, Defined Benefit Plan Net Actuarial Gain (Loss), After Reclassification Adjustment, Before Tax-$15.8M-$8.0M———-$7.0M
Acquisition termination fee$3.0M$4.0M$3.0M$3.0M$6.0M$5.0M
Other income (expense) - net$0.0$1.5M$1.5M$1.5M$1.5M$2.0M
Payment for (Proceeds from) Other Investing Activity—$214.0M$200.0M$165.0M$242.0M$67.0M
Payments For Proceeds From Short Term Investments$2.9B-$3.9B-$572.0M-$701.0M—-$2.9B
Payments for Repurchase of Common Stock$1.8B$2.2B$1.8B$1.2B$584.0M$508.0M
Payments of Ordinary Dividends, Common Stock$244.0M$234.0M$254.0M$246.0M$242.0M$241.0M
Payments to Acquire Debt Securities, Available-for-Sale$9.7B$8.0B$5.3B$6.6B$5.5B$7.1B
Payments to Acquire Mortgage Notes Receivable$176.0M$75.0M$127.0M$43.0M$16.0M$70.0M
Payments to Acquire Other Investments$193.0M$256.0M$462.0M-$62.0M$195.0M$2.3B
Payments To Acquire Trading Securities Heldforinvestment$43.0M$40.0M$36.0M$61.0M$104.0M$674.0M
Pension Expense One Time Payment—$5.0M$5.0M$6.0M$0.0-$1.0M
Prior Year Claims And Claims Adjustment Expense After Re-Attribution Of ADC Recovery And Amortization Of Amortization On Retroactive Reinsurance At Inception-$64.0M-$137.8M-$137.8M-$137.8M-$137.8M—
Prior Year Claims And Claims Adjustment Expense Deferred Gain Amortization On Retroactive Reinsurance-$127.0M-$22.0M-$100.0M-$54.0M-$54.0M-$35.0M
Prior years, discount charge (benefit)$137.0M$40.0M$45.0M$34.0M$49.0M-$25.0M
Prior years, excluding discount and amortization of deferred gain$175.0M-$33.0M$25.0M-$161.0M-$47.0M-$126.0M
Reattribution of ADC Recovery and Other$0.0$0.0$0.0$0.0$0.0—
(Unfavorable) favorable prior year development and related amortization changes ceded under retroactive reinsurance agreements-$39.0M-$9.0M-$53.0M$9.0M-$52.0M$8.0M
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale$2.3B$2.1B$2.0B$2.3B$2.5B$2.9B
Financing — other—$34.0M$95.0M-$39.0M$39.0M-$42.0M
Principal payments received on and sales of mortgage and other loans receivable$524.0M$254.0M$406.0M$220.0M$424.0M$119.0M
Other investments, net of payments  $5.3B$316.0M$1.0B$1.0B$1.7B$1.2B
Sale of investments$6.7B$4.8B$2.6B$2.5B$2.5B$3.8B
Proceeds From Sale Of Trading Securities Heldforinvestment$71.0M$18.0M$68.0M$42.0M$418.0M$115.0M
Cash received from option exercises$40.5M$38.8M$38.8M$38.8M$38.8M—
Gross realized gains (losses)-$114.0M-$103.0M-$258.0M-$490.0M-$351.0M-$135.0M
Net realized gains (losses), reconciliation to income (loss) from continuing operations before income tax expense—-$66.0M-$191.0M-$433.0M-$283.0M-$136.0M
Net realized gains (losses), net investment income$2.0M-$2.0M$0.0-$2.0M$0.0$0.0
Write-offs of uncollectible reinsurance recoverables$0.0$0.0$1.0M$0.0$3.0M$1.0M
Current period change for estimated uncollectible reinsurance$2.0M$3.0M-$4.0M$0.0$29.0M-$1.0M
Other changes—$7.0M$2.0M-$1.0M—$0.0
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures and Expirations in Period321.9K18K18K18K18K—
Forfeited or expired (in shares)$15.71$16.71$16.71$16.71$16.71—
Excess tax benefit due to share settlements$4.0M$2.8M$2.8M$2.8M$2.8M—
Statutory net income$833.8M$1.1B$1.1B$1.1B$1.1B—
Shares repurchased (in shares)22.4M29M21.4M15.4M7.1M6.7M
Prior Year Development Net of External Reinsurance Before ADC Cessions$63.5M-$54.0M-$54.0M-$54.0M-$54.0M—
Prior years-$30.0M-$106.8M-$106.8M-$106.8M-$106.8M—
Cash Dividends, Common Stock$244.0M$234.0M$254.0M$246.0M$242.0M$241.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Impairment of Goodwill and Purchased Intangible Assets$3.0M$0.0$0.0$286.0M$36.0M$4.0M
Gain (loss) on disposal group, not discontinued operation$522.0M$3.0M$50.0M$0.0$28.0M-$127.0M
Goodwill and indefinite-lived intangible asset impairment$3.0M$0.0$0.0$286.0M$36.0M$4.0M
Restructuring charges$115.0M$76.0M$78.0M$153.0M$132.0M$76.0M
Restricted Stock Expense$7.3M$6.0M$6.0M$6.0M$6.0M—
Gain (Loss) on Disposal Group, Not Discontinued Operation$522.0M$3.0M$50.0M$0.0$28.0M-$127.0M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating Lease Payment Income$44.3M$39.0M$39.0M$39.0M$39.0M—