What does U.S. excess casualty — year 2 (as a percent) mean?

This metric represents the cumulative percentage of total ultimate losses for a given accident year that are paid out by the end of the second year. It helps investors understand the payout pattern and liquidity requirements for the U.S. Excess Casualty segment.

American International Group AIG U.S. Excess Casualty — Year 2 (as a percent)

Other product segments

UK/Europe Property and Special Risks

36.7%-2.1%

U.S. Property and Special Risks

30.1%-3.2%

UK/Europe and Japan Personal Insurance

25.9%+0.4%

U.S. Personal Insurance

24.5%+7.0%

U.S. Workers' Compensation (before discount)

17%-2.9%

U.S. Financial Lines

14.3%+2.1%

UK/Europe Casualty and Financial lines

13.4%-1.5%

U.S. Other Casualty

9.6%-1.0%

Similar metrics at other companies

SPNTCasualty — Year 2

25.9%-2.6pp

GLRECasualty — Year 2

34%+0.2pp

RNRCasualty and Specialty — Average annual percentage payout, year two

15.7%-0.6pp

ASI

ASICCasualty — Unaudited Average Annual Percentage Payout of Incurred Claims by Age, Year 2

13.4%—

WRBCasualty — Average annual percentage payout of incurred claims by age, net of reinsurance, Year 2

10.5%-0.5pp

KNSLCasualty - occurrence — Historical Claims Duration, Year Two

6.7%0.0pp

Other financials

Income statement

See full

Revenue$6.7B-2.0%

Net income$763.0M+9.3%

EPS (diluted)$1.41+21.6%

Balance sheet

See full

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

See full

Operating cash flow$155.0M+377%

CapEx$60.0M+14.3%

Free cash flow$1.5B+53.0%

Valuation

See full

Market cap$40.07B-18.6%

P/E12.7×-2.7×

P/S1.5×-0.3×

Profitability

See full

Net margin11.9%+8.6pp

FCF margin21.5%—

Returns & leverage

See full

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:ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo.

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

Ask your AI about American International Group's u.s. excess casualty — year 2 (as a percent).

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is American International Group's U.S. excess casualty — year 2 (as a percent)?: American International Group (AIG) reported U.S. excess casualty — year 2 (as a percent) of 10.6% in Q4 2025.
How has American International Group's U.S. excess casualty — year 2 (as a percent) changed year-over-year?: American International Group's U.S. excess casualty — year 2 (as a percent) increased by 5.0% year-over-year, from 10.1% to 10.6%.
What does U.S. excess casualty — year 2 (as a percent) mean?: This metric represents the cumulative percentage of total ultimate losses for a given accident year that are paid out by the end of the second year. It helps investors understand the payout pattern and liquidity requirements for the U.S. Excess Casualty segment.