American International Group (AIG) is trading up at $81.56 (+1.12%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Financials sector.
One firm's current price target on American International Group: $85 — 4% above the current $81.6. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $52.4B | $49.5B | $47.4B | $49.7B | $43.7B | $52.2B | $30.0B | $27.9B | $27.3B | $26.8B |
| Growth (year over year) | −10.2% | −5.4% | −4.3% | +5.0% | −12.1% | +19.3% | −42.5% | −6.9% | −2.5% | −1.7% |
| Net income | −$849.0M | −$6.08B | −$6.00M | $3.35B | −$5.94B | $10.4B | $10.2B | $3.64B | −$1.40B | $3.10B |
| Net margin | −1.6% | −12.3% | −0.0% | 6.7% | −13.6% | 19.9% | 34.1% | 13.0% | −5.2% | 11.6% |
| EPS (diluted) | −$0.78 | −$6.54 | −$0.01 | $3.74 | −$6.88 | $11.95 | $12.94 | $4.98 | −$2.17 | $5.43 |
| Balance sheet | ||||||||||
| Cash and equivalents | $2.11B | $2.74B | $3.36B | $3.29B | $3.23B | $2.43B | $1.57B | $1.57B | $1.37B | $1.34B |
| Total assets | $498.3B | $498.3B | $492.0B | $525.1B | $598.8B | $596.1B | $522.2B | $539.3B | $161.3B | $161.3B |
| Total liabilities | $421.4B | $432.6B | $434.7B | $457.6B | $532.9B | $527.2B | $478.8B | $488.0B | $118.8B | $120.1B |
| Long-term debt | $30.9B | $31.6B | $34.5B | $35.4B | $37.5B | $30.2B | $27.2B | $10.6B | $8.92B | $9.19B |
| Shareholders' equity | $76.3B | $65.2B | $56.4B | $65.7B | $65.1B | $66.0B | $41.0B | $45.4B | $42.5B | $41.1B |
| Cash flow | ||||||||||
| Operating cash flow | $3.50B | −$7.82B | −$394.0M | −$1.81B | $1.04B | $6.22B | $4.13B | $6.24B | $3.27B | $3.31B |
| Capital expenditure | $1.12B | $483.0M | $368.0M | $304.0M | $353.0M | $343.0M | $210.0M | $240.0M | — | — |
| Free cash flow | $2.38B | −$8.30B | −$762.0M | −$2.11B | $685.0M | $5.88B | $3.92B | $6.00B | — | — |
| Dividends paid | $1.37B | $1.17B | $1.14B | $1.11B | $1.10B | $1.08B | $982.0M | $997.0M | $1.00B | $976.0M |
| Share buybacks | $11.5B | $6.28B | $1.74B | $0 | $500.0M | $2.59B | $5.20B | $2.96B | $6.65B | $5.84B |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $6.75B | $7.18B | $6.78B | $7.09B | $6.35B | $6.55B | $6.65B | $7.08B |
| Growth (year over year) | −7.1% | +10.0% | +0.3% | +8.1% | −5.9% | −8.7% | −2.0% | −0.1% |
| Net income | $459.0M | $898.0M | $698.0M | $1.14B | $519.0M | $735.0M | $763.0M | $948.0M |
| Net margin | 6.8% | 12.5% | 10.3% | 16.1% | 8.2% | 11.2% | 11.5% | 13.4% |
| EPS (diluted) | $0.71 | $1.34 | $1.16 | $1.98 | $0.93 | $1.36 | $1.41 | $1.78 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.56B | $1.37B | $1.41B | $1.84B | $1.59B | $1.34B | $1.53B | $1.56B |
| Total assets | $169.4B | $161.3B | $161.9B | $166.0B | $163.4B | $161.3B | $161.5B | $163.5B |
| Total liabilities | $124.4B | $118.8B | $120.4B | $124.4B | $122.3B | $120.1B | $121.1B | $122.8B |
| Long-term debt | — | $8.92B | — | — | — | $9.19B | — | — |
| Shareholders' equity | $45.0B | $42.5B | $41.4B | $41.5B | $41.1B | $41.1B | $40.4B | $40.6B |
| Cash flow | ||||||||
| Operating cash flow | $1.70B | $125.0M | −$56.0M | $1.39B | $1.34B | $636.0M | $155.0M | $1.72B |
| Dividends paid | $254.0M | $244.0M | $234.0M | $254.0M | $246.0M | $242.0M | $241.0M | $263.0M |
| Share buybacks | $1.50B | $1.82B | $2.23B | $1.78B | $1.25B | $584.0M | $508.0M | $645.0M |
From American International Group's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
American International Group's latest reported figures next to the median of the other 75 S&P 500 Financials companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | American International Group | Financials (75 other S&P 500 companies) | S&P 500 (502 other companies) |
|---|---|---|---|
| Revenue growth, latest fiscal year | −1.7% | +7.2% | +7.0% |
| Net margin, latest fiscal year | 11.6% | 19.4% | 13.0% |
| Dividend per share, latest fiscal year | $1.75 | $2.38 | $2.40 |
| Share price change, 1 year | +3.8% | +6.6% | +5.9% |
American International Group: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, American International Group included, are the last regular-session prices of October 19, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 75/496, net margin 75/496, dividend per share 61/349, 1-year price change 75/490; the reasons below can overlap. 12 are left out of the price figure because our archive holds no comparable close for them; dividend medians are among the 61 sector and 349 S&P 500 companies reporting a per-share dividend. The S&P 500 price figure is the middle company's change, not the index's return.
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 200 countries and jurisdictions. As of 2023, AIG employed 25,200 people. The company primarily provides commercial and personal insurance products, including property and casualty insurance, liability coverage, accident and health insurance, and specialty insurance products. The company also provides risk management, multinational, and related insurance services to businesses and individuals. AIG is the title sponsor of the AIG Women's Open golf tournament. In 2023, for the sixth consecutive year, DiversityInc named AIG among the Top 50 Companies for Diversity list.
Source: Wikipedia — American International Group
American International Group, Inc. (NYSE: AIG) describes itself in its annual report for 2025 (Form 10-K) as a leading global insurance organization that provides insurance solutions to businesses and individuals in over 200 countries and jurisdictions through AIG operations, licenses and authorizations as well as network partners. It is a Delaware corporation with its principal executive offices at 1271 Avenue of the Americas, New York, New York; its fiscal year ends December 31 and its common stock trades on the New York Stock Exchange as AIG. AIG reports its results through three segments, North America Commercial, International Commercial and Global Personal, and Other Operations; its General Insurance business consists of the three segments and the net investment income related to its insurance operations. Its major operating companies include National Union Fire Insurance Company of Pittsburgh, Pa., American Home Assurance Company, Lexington Insurance Company and Talbot Underwriting Ltd. At December 31, 2025 it had approximately 22,100 employees based in approximately 45 countries, 27 percent of them in North America, 47 percent in the Asia Pacific region and 26 percent in the EMEA region and Latin America (10-K).
For 2025 the consolidated statements of income report total revenues of $26,775 million, against $27,251 million in 2024, including premiums of $23,751 million (2024: $23,537 million), net investment income of $4,215 million (2024: $4,255 million) and net realized losses of $1,202 million (2024: $548 million). Income from continuing operations was $3,097 million (2024: $2,700 million). Net income attributable to AIG common shareholders was $3,096 million, or $5.43 per diluted share, against a net loss attributable to AIG common shareholders of $1,426 million, or $2.17 per diluted share, in 2024, a year that included a loss from discontinued operations, net of income taxes, of $3,626 million. Net cash provided by operating activities was $3,314 million (2024: $3,273 million); AIG spent $5,836 million on purchases of common stock and paid $976 million of dividends on common stock. At December 31, 2025 total assets were $161,254 million and total AIG shareholders' equity was $41,139 million. General Insurance's combined ratio was 90.1 in 2025, against 91.8 in 2024 (10-K).
AIG deconsolidated Corebridge Financial, Inc. (Corebridge) on June 9, 2024, when it held 48.4 percent of Corebridge's common stock, and elected the fair value option for its remaining stake, so changes in Corebridge's stock price and its dividends are recognized in net investment income. AIG held 10.1 percent of Corebridge's outstanding common stock at December 31, 2025, which the 10-K attributes to Corebridge's share repurchases and AIG's own share sales after the deconsolidation; in 2025 AIG sold about 13 million shares in May (proceeds to AIG Parent of about $430 million) and about 31.2 million shares in August and September and 32.6 million shares in November (proceeds of about $1.0 billion each) (10-K). In its August 6, 2026 earnings release AIG said that on May 7 it sold its remaining interest in Corebridge, for aggregate proceeds of approximately $710 million. Revenue rows below are as filed and not comparable across years: the 10-K for 2025, which reflects the historical results of Corebridge in income (loss) from discontinued operations, shows 2023 total revenues of $27,938 million, against $46,802 million in the 10-K for 2023. On February 6, 2026 AIG closed a 35 percent equity interest in Convex Group Limited, a global specialty insurer, for approximately $2.1 billion and a 9.9 percent stake in Onex Corporation, a global asset manager, for approximately $646 million; in October 2025 it agreed to acquire the renewal rights of Everest Group, Ltd.'s global retail commercial insurance portfolios for $301 million (10-K).
According to its 10-Q for the quarter ended June 30, 2026 (unaudited), total revenues were $7,085 million for the second quarter, against $7,091 million a year earlier, and $13,735 million for the first six months (2025: $13,874 million); net income attributable to AIG common shareholders was $948 million for the quarter, or $1.78 per diluted share, against $1,144 million, or $1.98. In its August 6, 2026 earnings release AIG reported adjusted after-tax income per diluted share, a non-GAAP measure, of $2.00, up 10% year over year, General Insurance net premiums written of $7.5 billion, up 9%, and a General Insurance combined ratio of 89.0%, against 89.3% in the prior year quarter; it made $641 million of share repurchases and paid $263 million of dividends in the quarter, and book value per share was $77.39 at June 30, 2026. Annual revenue rows below run to 2025, the latest year covered by a filed 10-K.
Eric Andersen is President and Chief Executive Officer, and Keith Walsh is Executive Vice President and Chief Financial Officer (10-Q, Exhibit 31). In a Form 8-K filed September 2, 2026 AIG said Peter Zaffino would step down as Executive Chair and a member of the Board effective September 15, 2026 and become Senior Advisor to the CEO, with John Rice, the Lead Independent Director, becoming Chair of the Board. A Form 8-K filed September 16, 2026 said Jon Hancock, Executive Vice President and Chief Executive Officer, General Insurance, will retire and become a Senior Advisor effective December 31, 2026. On September 24, 2026 AIG closed the sale of €625,000,000 of 4.250% Notes Due 2031 and €500,000,000 of 4.750% Notes Due 2036 (Form 8-K).
Summary sources:1234567891011121314
| Fiscal year | Revenue (as reported in 10-K) | Reported as | Filed |
|---|---|---|---|
| 2021 | $52,057 million17 | Form 10-K for fiscal year 2021 (year ended December 31, 2021), total revenues, in millions as filed (before the June 9, 2024 deconsolidation of Corebridge) | Feb 17, 2022 |
| 2022 | $56,437 million18 | Form 10-K for fiscal year 2022 (year ended December 31, 2022), total revenues, in millions as filed (before the June 9, 2024 deconsolidation of Corebridge) | Feb 17, 2023 |
| 2023 | $46,802 million8 | Form 10-K for fiscal year 2023 (year ended December 31, 2023), total revenues, in millions as filed (before the June 9, 2024 deconsolidation of Corebridge) | Feb 14, 2024 |
| 2024 | $27,251 million19 | Form 10-K for fiscal year 2024 (year ended December 31, 2024), total revenues, in millions as filed | Feb 13, 2025 |
| 2025 | $26,775 million3 | Form 10-K for fiscal year 2025 (year ended December 31, 2025), total revenues, in millions as filed | Feb 12, 2026 |
| Name | Released | What it is |
|---|---|---|
| Property & Short Tail | — | Commercial and industrial property, including business interruption, as well as package insurance products and services that cover exposures to man-made and natural disasters (10-K for 2025).1 |
| Casualty | — | General liability, environmental, commercial automobile liability, workers' compensation, excess casualty and crisis management insurance, plus risk-sharing and customized structured programs for large corporate and multinational customers (10-K for 2025).1 |
| Financial Lines | — | Professional liability insurance, including directors and officers, mergers and acquisitions, fidelity, employment practices, fiduciary liability, cyber risk, kidnap and ransom, and errors and omissions insurance (10-K for 2025).1 |
| Global Specialty | — | Marine, energy-related property insurance, aviation, political risk, trade credit and trade finance (10-K for 2025).1 |
| Name | Released | What it is |
|---|---|---|
| Global Accident & Health | — | Group personal accident and business travel products for employees, associations and other organizations, and voluntary and sponsor-paid personal accident and supplemental health products for individuals (10-K for 2025).1 |
| Personal Lines | — | Personal auto and homeowners in selected markets, comprehensive extended warranty, device protection insurance, and home warranty and related services (10-K for 2025).1 |
| Private Client Select (PCS) | — | Insurance for high net-worth individuals in the U.S. covering auto, homeowners, umbrella, yacht, fine art and collections, part of Personal Lines (10-K for 2025).1 |
Figures last checked against the sources above on . General information, not investment advice.
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AIG options activity surges ahead of earnings, calls dominate at $84 strike