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American International Group AIG Property and liability — Direct

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Other financials

Income statement

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Revenue$7.1B-0.1%
Net income$948.0M-17.1%
EPS (diluted)$1.78-10.1%

Balance sheet

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Cash & equivalents$1.5B-18.4%
Total debt$10.0B+2.6%
Total equity$40.6B-2.2%
Total assets$163.46B-1.5%

Cash flow

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Operating cash flow$1.7B+23.4%
CapEx$60.0M+14.3%
Free cash flow$1.5B+53.0%

Valuation

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Market cap$42.48B-6.8%
P/E14.3×+0.1×
P/S1.6×0.0×

Profitability

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Net margin11.1%-0.4pp
FCF margin21.5%

Returns & leverage

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Return on equity7.2%-0.2pp
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:DirectPremiumsEarned.

The source filing: American International Group’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 11:44 AM EST
Fiscal year
FY2025
Accession
0000005272-26-000023
For the years ended December 31, 2025, 2024, and 2023 / (in millions)For the years ended December 31, 2025, 2024, and 2023 / Gross AmountFor the years ended December 31, 2025, 2024, and 2023 / Ceded to Other CompaniesAssumed from Other CompaniesNet AmountSchedule IV / Percent of Amount Assumed to Net
2025
Premiums earned:
Accident and health$$2,535$108$352,4621.4%
Property and liability28,92811,3513,71221,28917.4
Total$$31,463$11,459$3,74723,75115.8%
2024
Premiums earned:
Accident and health$$2,507$104$302,4331.2%

ITEM 16 | Form 10-K Summary

FAQ

What is American International Group's property and liability — direct?
American International Group (AIG) reported property and liability — direct of $7.23B in Q4 2025.
How has American International Group's property and liability — direct changed year-over-year?
American International Group's property and liability — direct increased by 0.8% year-over-year, from $7.18B to $7.23B.
What is the long-term trend for American International Group's property and liability — direct?
Over 3 years (2022 to 2025), American International Group's property and liability — direct has grown at a -0.5% compound annual growth rate (CAGR), from $29.37B to $28.93B.
What does property and liability — direct mean?
Direct premiums represent the total gross premiums written by an insurance company before any reinsurance transactions are applied. This metric reflects the raw volume of business generated by the underwriting team and serves as a primary indicator of market demand for the company's property and liability insurance products.

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