Income Statement Balance Sheet Cash Flow Segments

American International Group Balance Sheet Statement

Assets, liabilities, and shareholders' equity

American International Group holds $161.54B in total assets. Cash and equivalents total $1.5B. Based on the Q1 2026 filing.

Total Assets$161.54B Total Stockholders Equity$40.4B Long Term Debt$9.2B Cash And Equivalents$1.5B

Latest FilingQ1 2026

Report Date2026-05-01

Market Cap$39.9B

P/E Ratio12.63

ROE7.73%

Non-Current Assets

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Accumulated Goodwill Impairment Losses	$3.4B	—	—	—	$3.4B	—
Available-for-Sale Debt Securities - Amortized Cost (1-5 Years)	—	$22.5B	$23.4B	$23.7B	$23.1B	$23.2B
Available-for-Sale Debt Securities - Amortized Cost (6-10 Years)	—	$16.6B	$16.2B	$16.4B	$16.5B	$16.2B
Allowance for credit losses	$37.8B	$37.8B	$37.7B	$37.7B	$37.7B	$37.7B
Deferred Tax Assets and Other Non-Current Assets	$39M	—	—	—	$10M	—
Goodwill	$3.4B	$3.4B	$3.5B	$3.4B	$3.4B	$3.4B
Deferred policy acquisition costs	$2.1B	$2B	$2.2B	$2.1B	$2.1B	$2.1B
Equity securities	$704M	$733M	$775M	$829M	$502M	$1.6B
Deferred tax assets	$5B	$5B	$4.7B	$4.6B	$5.1B	$5.1B
Deposit accounting assets, net of allowance for credit losses of $49 in 2026 and $49 in 2025	$2.2B	$2.5B	$2.5B	$2.5B	$2.4B	$2.7B
Private debt held-for-investment, at amortized cost, net of valuation allowance – $3 and $4	$3.9B	$3.7B	$3.5B	$3.3B	$2.9B	$2.8B
Investments	$93.6B	$91.8B	$94B	$93.8B	$93B	$90.8B
Other Assets	$4.7B	$4.7B	$4.6B	$4.6B	$4.8B	$4.7B
Other Intangible Assets Net	$370M	—	—	—	$684M	—
Securities For Reverse Repurchase Agreements	$2.8B	$2.2B	$2.9B	$2.9B	$3.6B	$1.6B
Trading account securities	$745M	$754M	$722M	$743M	$741M	$677M
Other Investments	$2B	$1.8B	$1.8B	$1.8B	$1.7B	$1.6B
Accumulated depreciation	$161M	$164M	$138M	$135M	$142M	$143M
Property and equipment, net	$1.1B	—	—	—	$1.4B	—
Total assets	$161.3B	$161.9B	$166B	$163.4B	$161.3B	$161.5B

Current Assets

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)	—	$4.3B	$4.5B	$5B	$4.9B	$3.9B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)	$18.8B	$15.5B	$14.5B	$13.8B	$12.9B	$12.5B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$21.7B	$18.2B	$12.5B	$9.2B	$10.2B	$23.8B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value	$18.8B	$15.5B	$14.5B	$13.8B	$12.9B	$12.5B
AFS and Trading Securities - Unrealized Loss Position Fair Value	$40.4B	$33.7B	$27B	$22.9B	$23.1B	$36.3B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$21.7B	$18.2B	$12.5B	$9.2B	$10.2B	$23.8B
Allowance for Doubtful Accounts	$127M	$129M	$130M	$128M	$131M	$135M
Cash and cash equivalents	$1.3B	$1.4B	$1.8B	$1.6B	$1.3B	$1.5B
Premiums And Other Receivables Net	$10.5B	$11.7B	$13B	$11.3B	$10.4B	$11.6B
Short-term restricted investments	$73M	$73M	$73M	$74M	$54M	$55M
Securities Received As Collateral	$2.9B	$2.3B	$2.9B	$2.9B	$3.6B	$1.6B
Derivative Assets - Fair Value	$624M	$505M	$423M	$388M	$338M	$339M
Accrued investment income	$599M	$631M	$670M	$670M	$691M	$680M
Derivative assets	$50M	$54M	$17M	$2M	$5M	$0
Restricted cash	$55M	$2M	$2M	$3M	$55M	$57M
Short-term investments	$14.5B	$10.6B	$10.1B	$9.4B	$11.1B	$8.2B

Equity

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss	$2.7B	$2.2B	$2B	$1.8B	$1.7B	$1.7B
Accumulated other comprehensive income (loss)	-$7.1B	-$6.5B	-$5.5B	-$5B	-$5B	-$5.7B
Common stock	$4.8B	$4.8B	$4.8B	$4.8B	$4.8B	$4.8B
Additional paid-in capital	$75.3B	$75.3B	$75.3B	$75.3B	$75.4B	$75.3B
Investments - Gross Unrealized Losses	$40.4B	$33.7B	$27B	$22.9B	$23.1B	$36.3B
Retained earnings	$35.1B	$35.5B	$36.4B	$36.7B	$37.2B	$37.7B
Total liabilities and stockholders' equity	$161.3B	$161.9B	$166B	$163.4B	$161.3B	$161.5B
Total stockholders' equity	$42.5B	$41.4B	$41.5B	$41.1B	$41.1B	$40.4B
Treasury stock	$65.6B	$67.7B	$69.4B	$70.7B	$71.2B	$71.6B

Other

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Aggregate Fair Value of Additional Collateral Required	$595M	$337M	$260M	$260M	$222M	$228M
Additional Collateral Required - One Notch Downgrade	$595M	$337M	$260M	$260M	$222M	$228M
Gross Assets/Liabilities	$151M	$81M	$58M	$49M	$89M	$94M
Assets held by insurance regulators	$7.8B	$7.9B	$8.1B	$7.8B	$7.7B	$7.4B
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax	$3.1B	$2.7B	$2.3B	$2B	$1.9B	$2.1B
Gross Unrealized Gains	$962M	$847M	$1B	$1.2B	$1.2B	$750M
1 Year or Less	—	$4.2B	$4.5B	$4.9B	$4.8B	$3.9B
After 5 Years through 10 Years	—	$16.1B	$16B	$16.3B	$16.4B	$15.9B
After 10 Years	—	$6.1B	$6.4B	$6.1B	$6.1B	$7.1B
After 10 Years	—	$5.1B	$5.5B	$5.3B	$5.3B	$6.2B
After 1 Year through 5 Years	—	$22.4B	$23.4B	$23.7B	$23.2B	$23.1B
Debt Securities, Available-for-Sale, Maturity, without Single Maturity Date, Amortized Cost	—	$18.4B	$19.6B	$20.9B	$21.1B	$21.5B
Cash and cash equivalents, end of period	$1.4B	$1.4B	$1.8B	$1.6B	$1.3B	$1.5B
Collateral already posted, aggregate fair value	$601M	$412M	$350M	$341M	$362M	$298M
Collateral held for deductible recoverable amounts	$8.6B	$8.7B	$8.8B	$9.1B	$9.6B	$10B
Common stock, par value (in dollars per share)	$2.50	$2.50	$2.50	$2.50	$2.50	$2.50
Common stock, shares authorized (in shares)	5B	5B	5B	5B	5B	5B
Common stock, shares issued (in shares)	1.9B	1.9B	1.9B	1.9B	1.9B	1.9B
Common Stock, Shares, Outstanding	606.1M	580.4M	559.8M	544.5M	538.2M	532.9M
Contractual deductible recoverable amount	$12.1B	$12.1B	$12.3B	$13.4B	$13.8B	$14B
Subtotal - Net U.S., foreign, state and local deferred tax assets	$5B	—	—	—	$5.1B	—
Cost or Amortized Cost	$66.2B	$67.9B	$70.2B	$72B	$71.8B	$71.9B
Available-for-sale securities, allowance for credit loss	$38M	$30M	$45M	$43M	$37M	$38M
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss	—	$67.9B	$70.2B	$72B	$71.7B	$71.9B
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	$2.7B	$2.2B	$2B	$1.8B	$1.7B	$1.7B
Less than 12 months	$21.7B	$18.2B	$12.5B	$9.2B	$10.2B	$23.8B
12 months or more	$18.8B	$15.5B	$14.5B	$13.8B	$12.9B	$12.5B
Number of Securities, Greater than 12 months	5984.00	5239.00	4762.00	4415.00	4065.00	4249.00
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$428M	$374M	$317M	$192M	$193M	$397M
Estimated Fair Value	$64B	$66B	$68.9B	$71.2B	$71B	$70.5B
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss	$3.1B	$2.6B	$2.3B	$2B	$1.9B	$2.1B
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	12274.00	10707.00	8797.00	7530.00	7526.00	10977.00
Debt Securities, Available-for-Sale, Unrealized Loss Position	$40.4B	$33.7B	$27B	$22.9B	$23.1B	$36.3B
Accruals not currently deductible, and other	$150M	—	—	—	$276M	—
Deferred Tax Assets, Gross	$6.5B	—	—	—	$5.9B	—
Investments in foreign subsidiaries	$19M	—	—	—	$29M	—
Deferred Tax Assets, Net	$4.5B	—	—	—	$4.5B	—
Net deferred tax assets before valuation allowance	$6.2B	—	—	—	$5.5B	—
Losses and tax credit carryforwards	$4.6B	—	—	—	$4.2B	—
Deferred Tax Assets, Operating Loss Carryforwards	—	—	—	—	$3.3B	—
Fixed assets and intangible assets	$293M	—	—	—	$271M	—
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Benefits	$192M	—	—	—	$163M	—
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Loss Reserves	$443M	—	—	—	$440M	—
Deferred tax assets, unearned premium reserves	$46M	—	—	—	$0	—
Loan loss and other reserves	$37M	—	—	—	$43M	—
Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross	$618M	—	—	—	$153M	—
Basis differences on investments	$30M	—	—	—	$336M	—
Deferred Tax Liabilities, Net	$323M	—	—	—	$343M	—
Deferred tax liabilities, deferred acquisition costs	$278M	—	—	—	$139M	—
Deferred Tax Liabilities, Deferred Expense, Reserves and Accruals, Policyholder Liabilities	$45M	—	—	—	$43M	—
Deferred Tax Liabilities, Reserves And Accruals, Unearned Premiums Reserves	$0	—	—	—	$161M	—
Deposit accounting assets, allowance for credit loss	$49M	$49M	$49M	$49M	$49M	$49M
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash, Offset Against Derivative Asset	$304M	$226M	$199M	$207M	$169M	$196M
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset	$270M	$225M	$207M	$179M	$164M	$143M
Derivative Asset Notional Amount	$4.9B	$4.2B	$3B	$2.6B	$2.3B	$3.6B
Derivative, gross, assets	$624M	$505M	$423M	$388M	$338M	$339M
Derivatives, gross, liabilities	$622M	$546M	$529M	$444M	$465M	$412M
Derivative Liability	$151M	$81M	$58M	$49M	$89M	$94M
Derivative Liability, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Offset	$201M	$240M	$264M	$216M	$212M	$175M
Derivative Liability, Subject to Master Netting Arrangement, Asset Offset	$270M	$225M	$207M	$179M	$164M	$143M
Derivative Liability Notional Amount	$3.7B	$4B	$5.1B	$5.5B	$5.1B	$3.9B
Fronting agreement, percent	100.0%	—	—	—	—	—
Gross Derivative Assets	$3.2B	$3.2B	$3.1B	$3.1B	$3B	$3B
Unrecognized share-based compensation costs for non-vested restricted stock awards, net of expected forfeitures	—	—	—	—	$27M	—
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value	$3.5B	$3.1B	$3.5B	$3.7B	$3.9B	$3.6B
Fair Value Beginning of Year	-$28M	$21M	-$104M	-$31M	-$19M	-$11M
Federal Home Loan Bank stock, at cost	$13M	$13M	$13M	$13M	$14M	$14M
Future Policy Benefits for Life and Accident and Health Insurance Contracts	$591M	—	—	—	$556M	—
Goodwill, Gross	$6.8B	—	—	—	$6.8B	—
Goodwill accumulated impairment losses	$3.4B	—	—	—	$3.4B	—
Due from reinsurers (as a percent)	—	—	—	—	5.0%	—
Lessee Operating Lease Liability Payments Due	—	—	—	—	$1B	—
Lessee Operating Lease Liability Undiscounted Excess Amount	—	—	—	—	$188M	—
Ceded reserves	—	$3.3B	$3.3B	$3.2B	$3.2B	$3.1B
Liability for Unpaid Claims and Claims Adjustment Expense, Net	$40.1B	$41.1B	$41.9B	$41.6B	$41.8B	$41.8B
Liability for unpaid losses and loss adjustment expenses, allowance for credit losses	$14M	$14M	$14M	$14M	$14M	$14M
Reserve for liability to unpaid losses	$110M	—	—	—	$130M	—
Liability for unpaid losses and loss adjustment expenses	$40B	—	—	—	$41.7B	—
Net loss reserve discount	$1.2B	$1.2B	$1.2B	$1.2B	$1.2B	$1.3B
Noncontrolling interests in subsidiaries	$29M	$28M	$28M	$32M	$23M	$24M
Number of countries in which Visa operates (more than)	—	20000.0%	20000.0%	20000.0%	20000.0%	20000.0%
Operating Lease Weighted Average Discount Rate Percent	—	—	—	—	3.2%	—
Operating Loss Carryforwards	—	—	—	—	$15.6B	—
Other Commitment	$1.8B	$1.9B	$1.9B	$2B	$1.5B	$1.4B
Other Policyholder Funds, Net	$418M	—	—	—	$352M	—
Reinsurance asset, allowance for credit loss	$220M	—	—	—	$248M	—
Reinsurance assets	$34.2B	—	—	—	$34.9B	—
Reinsurance recoverable on unpaid losses and loss expenses	$29B	$27.8B	$27.9B	$28.2B	$28.9B	$28.2B
Valuation allowance for uncollectible reinsurance	$269M	$279M	$276M	$275M	$297M	$295M
Reinsurance Recoverables, Gross	$40.5B	$41.5B	$41.9B	$41.6B	$40.7B	$41.9B
Retroactive Reinsurance Discount, Amount	$936M	$935M	$916M	$909M	$891M	$838M
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number	—	—	—	—	5M	—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	9M	—	—	—	6.7M	—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$50.40	—	—	—	$55.08	—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value	—	—	—	—	$204M	—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price	—	—	—	—	$49.80	—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value	—	—	—	—	$180M	—
Dividends available to be paid from insurance subsidiaries without prior approval	—	—	—	—	$2.6B	—
Statutory capital and surplus	$29.3B	—	—	—	$28.7B	—
Statutory risk-based capital necessary to satisfy regulatory requirements	$9.5B	—	—	—	$10.4B	—
Cost	—	—	—	—	$93.9B	—
Summary Of Investments Other Than Investments In Related Parties Fair Value	—	—	—	—	$93B	—
Summary Of Investments Other Than Investments In Related Parties Carrying Amount	—	—	—	—	$93B	—
Deferred acquisition costs	$2.1B	—	—	—	$2.1B	—
Claims and claim adjustment expense reserves	$70.5B	—	—	—	$72.1B	—
Policy and Contract Claims	$31M	—	—	—	$0	—
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Unearned Premium	$17.2B	—	—	—	$18B	—
Other carryforwards	—	—	—	—	$0	—
Treasury stock, shares (in shares)	1.3B	1.3B	1.3B	1.4B	1.4B	1.4B
Unearned Premiums, Net	$12.9B	—	—	—	$12.9B	—
Workers compensation non tabular discount amount	$1.1B	$1B	$1B	$1B	$1B	$1.1B
Workers compensation tabular discount amount	$107M	$112M	$147M	$134M	$141M	$149M
Discount and spread (as a percent)	—	—	—	—	4.5%	4.5%
Discount and spread, ceiling (as a percent)	—	—	—	—	4.5%	4.5%
U.S. workers' compensation	$2.1B	$2.1B	$2.1B	$2.1B	$2.1B	$2.1B
Stated Maturities	—	$18.3B	$19.5B	$20.9B	$21.2B	$21.4B

Current Liabilities

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Liability for Claims and Claims Adjustment Expense	$69.2B	$68.9B	$69.8B	$69.9B	$70.7B	$70B
Derivative Liabilities - Fair Value	$270M	$225M	$207M	$179M	$164M	$143M
Reserve for Incurred But Not Reported (IBNR) Claims	$418M	$395M	$402M	$381M	$352M	$334M
Unearned premiums	$17.2B	$18.1B	$20B	$19.6B	$18B	$18.9B
Operating Lease Liability Payments - 2024 (Lessee)	—	—	—	—	$111M	—
Operating Lease Liability Payments - 2025 (Lessee)	—	—	—	—	$95M	—

Non-Current Liabilities

Metric	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Future policy benefits	$1.3B	$1.3B	$1.4B	$1.4B	$1.4B	$1.3B
Operating Lease Liability Payments - 2026 (Lessee)	—	—	—	—	$97M	—
Operating Lease Liability Payments - 2027 (Lessee)	—	—	—	—	$86M	—
Operating Lease Liability Payments - 2028 (Lessee)	—	—	—	—	$95M	—
Operating Lease Liability Payments - 2029 (Lessee)	—	—	—	—	$86M	—
Operating Lease Liability Payments - Thereafter (Lessee)	—	—	—	—	$526M	—
Commissions and premium taxes payable	$1.5B	$1.8B	$1.8B	$1.5B	$1.6B	$1.5B
Premiums and other related payables	$6.1B	$7.3B	$7.7B	$6.2B	$5.4B	$6.5B
Deposit accounting liabilities	$3B	$3.3B	$3.3B	$3.3B	$3.3B	$3.6B
Fortitude Re funds withheld payable (portion measured at fair value: 2026 - $(85); 2025 - $(92))	$3.2B	$3.2B	$3.1B	$3.1B	$3B	$3B
Current and deferred income tax liabilities	$426M	$481M	$541M	$572M	$661M	$652M
Other non-current liabilities	$7.5B	$6.9B	$7B	$7.1B	$6.5B	$6.3B
Total liabilities	$118.8B	$120.4B	$124.4B	$122.3B	$120.1B	$121.1B