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American International Group AIG International Commercial — Losses and Loss Expenses Incurred

Other segment segments

North America Commercial
$5.47B-4.3%
Global Personal
$3.72B-3.7%

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Other financials

Income statement

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Revenue$6.7B-2.0%
Net income$763.0M+9.3%
EPS (diluted)$1.41+21.6%

Balance sheet

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Cash & equivalents$1.5B+4.4%
Total debt$10.0B+2.6%
Total equity$40.4B-2.5%
Total assets$161.54B-0.2%

Cash flow

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Operating cash flow$155.0M+377%
CapEx$60.0M+14.3%
Free cash flow$1.5B+53.0%

Valuation

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Market cap$40.07B-18.6%
P/E12.7×-2.7×
P/S1.5×-0.3×

Profitability

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Net margin11.9%+8.6pp
FCF margin21.5%

Returns & leverage

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Return on equity7.7%+5.6pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by American International Group in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationBenefitsClaimsLossesAndSettlementExpense.

The official record: American International Group’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American International Group's international commercial — losses and loss expenses incurred?
American International Group (AIG) reported international commercial — losses and loss expenses incurred of $1.2B in Q4 2025.
How has American International Group's international commercial — losses and loss expenses incurred changed year-over-year?
American International Group's international commercial — losses and loss expenses incurred increased by 7.1% year-over-year, from $1.12B to $1.2B.
What is the long-term trend for American International Group's international commercial — losses and loss expenses incurred?
Over 3 years (2022 to 2025), American International Group's international commercial — losses and loss expenses incurred has grown at a 3.6% compound annual growth rate (CAGR), from $4.3B to $4.78B.
What does international commercial — losses and loss expenses incurred mean?
The total cost of claims and the associated expenses to investigate and settle those claims during the period. This includes both paid claims and changes in the reserves for future payments. It is the most significant expense category for an insurance segment and directly impacts the combined ratio.