American International Group $AIG

Financials · Multi-line Insurance · NYSE/NASDAQ

Profile updated

$81.56
+0.90 (+1.12%)
As of Oct 20, 2026, 12:08 PM EDT · cached
Price history
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Today's analyst average Analyst average over timeIndividual analyst targets Analyst history starts Aug 10, 2026, the first target we tracked for AIG.

Key facts

52-week range (closes)
$71.89 – $86.59 Lowest close Jan 21, 2026, highest Dec 23, 2025; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
Fiscal year ends
December Fiscal 2025 ended Dec 31, 2025, from SEC filings
In the S&P 500 since
Mar 31, 1980 · All S&P 500 changes
Analyst coverage
1 open price target from 1 firm: Wells Fargo Approved targets tracked here; see the analyst section below

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.

Analyst price targets on AIG

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.

American International Group revenue & net income history (FY2016–FY2025)

RevenueNet incomeNet margin (right axis, %)
$52.4B$23.1B−$6.08BFY2016 revenue: $52.4BFY2016 net income: −$849.0M · Net margin −1.6%'16FY2017 revenue: $49.5BFY2017 net income: −$6.08B · Net margin −12.3%'17FY2018 revenue: $47.4BFY2018 net income: −$6.00M · Net margin −0.013%'18FY2019 revenue: $49.7BFY2019 net income: $3.35B · Net margin 6.7%'19FY2020 revenue: $43.7BFY2020 net income: −$5.94B · Net margin −13.6%'20FY2021 revenue: $52.2BFY2021 net income: $10.4B · Net margin 19.9%'21FY2022 revenue: $30.0BFY2022 net income: $10.2B · Net margin 34.1%'22FY2023 revenue: $27.9BFY2023 net income: $3.64B · Net margin 13.0%'23FY2024 revenue: $27.3BFY2024 net income: −$1.40B · Net margin −5.2%'24FY2025 revenue: $26.8BFY2025 net income: $3.10B · Net margin 11.6%'25−9.3%0%20%40%60%80%FY2016 net margin: −1.6%FY2017 net margin: −12.3% (off the scale, which stops at −9.3%)FY2018 net margin: −0.013%FY2019 net margin: 6.7%FY2020 net margin: −13.6% (off the scale, which stops at −9.3%)FY2021 net margin: 19.9%FY2022 net margin: 34.1%FY2023 net margin: 13.0%FY2024 net margin: −5.2%FY2025 net margin: 11.6%
American International Group annual financial statements
FY2016Dec 2016FY2017Dec 2017FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 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

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 vs the Financials sector and the S&P 500

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.

American International Group compared with the median Financials company and the median S&P 500 company
MeasureAmerican International GroupFinancials (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 year11.6%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.

About American International Group

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

Headquarters
New York, New York From SEC filings, Oct 2026

Company profile

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

$26,775 million3
Total revenues, 2025 (year ended December 31, 2025)
$23,751 million3
Premiums, 2025
$4,215 million3
Total net investment income, 2025
$(1,202) million3
Total net realized losses, 2025
$14,162 million3
Losses and loss adjustment expenses incurred, 2025
$3,097 million3
Income from continuing operations, 2025
$3,096 million3
Net income attributable to AIG common shareholders, 2025
$5.433
Diluted net income per share attributable to AIG common shareholders, 2025
$1.7515
Dividends declared per common share, 2025
$3,314 million4
Net cash provided by operating activities, 2025
$5,836 million4
Purchase of common stock, 2025 (cash flow statement)
$23,675 million16
General Insurance net premiums written, 2025 (reportable segments)
$2,332 million16
General Insurance underwriting income, 2025 (reportable segments)
90.11
General Insurance combined ratio, 2025
$92,999 million5
Total investments, December 31, 2025
$161,254 million5
Total assets, December 31, 2025
$70,666 million5
Liability for unpaid losses and loss adjustment expenses, December 31, 2025
$9,191 million5
Long-term debt, December 31, 2025
$41,139 million5
Total AIG shareholders' equity, December 31, 2025
22,1001
Employees, December 31, 2025 (approximately)
536,559,6632
Common shares outstanding, February 6, 2026 (10-K cover)
$7,085 million9
Total revenues, quarter ended June 30, 2026 (10-Q)
$13,735 million9
Total revenues, six months ended June 30, 2026 (10-Q)
$1,711 million9
Net income attributable to AIG common shareholders, six months ended June 30, 2026 (10-Q)
$2.0010
Adjusted after-tax income per diluted share, second quarter of 2026 (non-GAAP, as reported by AIG)
$77.3910
Book value per share, June 30, 2026 (news release)

Revenue by fiscal year, as reported in 10-K

Fiscal yearRevenue (as reported in 10-K)Reported asFiled
2021$52,057 million17Form 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 million18Form 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 million8Form 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 million19Form 10-K for fiscal year 2024 (year ended December 31, 2024), total revenues, in millions as filedFeb 13, 2025
2025$26,775 million3Form 10-K for fiscal year 2025 (year ended December 31, 2025), total revenues, in millions as filedFeb 12, 2026

Products

Commercial lines

NameReleasedWhat 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

Personal insurance

NameReleasedWhat 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

Segments and products

Risks

Frequently asked questions

What does AIG do?
American International Group, Inc. is a global insurance organization: according to its 10-K for 2025 it provides insurance solutions that help businesses and individuals in over 200 countries and jurisdictions protect their assets and manage risks. It reports three segments, North America Commercial, International Commercial and Global Personal, plus Other Operations.
Where is AIG based?
Its principal executive offices are at 1271 Avenue of the Americas, New York, New York, according to the cover of its 10-K for 2025. It is incorporated in Delaware.
How much revenue did AIG make in 2025?
Total revenues were $26,775 million in 2025, against $27,251 million in 2024, according to its 10-K. Premiums were $23,751 million, and net income attributable to AIG common shareholders was $3,096 million, or $5.43 per diluted share.
Why did AIG's reported revenue fall from about $47 billion to about $27 billion?
The figures are not like for like. AIG deconsolidated Corebridge Financial on June 9, 2024, and the 10-K for 2025 reflects Corebridge's historical results in income (loss) from discontinued operations: the 10-K for 2023 reported total revenues of $46,802 million for 2023, while the 10-K for 2025 shows $27,938 million for the same year.
Does AIG still own Corebridge?
No. AIG held 10.1 percent of Corebridge's common stock at December 31, 2025 (10-K), and in its August 6, 2026 earnings release it said it had sold its remaining interest in Corebridge on May 7, for aggregate proceeds of approximately $710 million.
Which AIG segment is the largest?
By net premiums written in 2025, North America Commercial, with $8,759 million, followed by International Commercial with $8,663 million and Global Personal with $6,253 million, according to the segment note of its 10-K for 2025.
What were AIG's second-quarter 2026 results?
Its 10-Q reports total revenues of $7,085 million for the quarter ended June 30, 2026, against $7,091 million a year earlier, and net income attributable to AIG common shareholders of $948 million, or $1.78 per diluted share, against $1,144 million, or $1.98. In its August 6, 2026 release AIG reported adjusted after-tax income per diluted share, a non-GAAP measure, of $2.00, up 10%.
Does AIG buy back shares and pay dividends?
Yes. In 2025 it spent $5,836 million on purchases of common stock and paid $976 million of dividends on common stock (10-K, cash flow statement). In the second quarter of 2026 it made $641 million of share repurchases and paid $263 million of dividends, and on August 6, 2026 its Board declared a quarterly dividend of $0.50 per share (earnings release).
Who runs AIG?
Eric Andersen is President and Chief Executive Officer, and Keith Walsh is Executive Vice President and Chief Financial Officer, according to their certifications in the 10-Q for the quarter ended June 30, 2026. In a Form 8-K filed September 2, 2026 AIG said Peter Zaffino would step down as Executive Chair effective September 15, 2026, with John Rice, the Lead Independent Director, becoming Chair of the Board.
How many people work at AIG?
Approximately 22,100 employees based in approximately 45 countries at December 31, 2025, according to its 10-K for 2025.

Sources

  1. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2025, Feb 12, 2026
  2. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2025: Cover (XBRL financial report R1), Feb 12, 2026
  3. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2025: Condensed Consolidated Statements of Income (Loss) (XBRL financial report R5), Feb 12, 2026
  4. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2025: Condensed Consolidated Statements of Cash Flows (XBRL financial report R10), Feb 12, 2026
  5. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2025: Condensed Consolidated Balance Sheets (XBRL financial report R3), Feb 12, 2026
  6. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2025: Discontinued Operations Presentation (XBRL financial report R14), Feb 12, 2026
  7. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2025: Basis of Presentation (XBRL financial report R11), Feb 12, 2026
  8. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2023: Consolidated Statements of Income (Loss) (XBRL financial report R5), Feb 14, 2024
  9. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-Q for the quarterly period ended June 30, 2026: Condensed Consolidated Statements of Income (Loss) (unaudited) (XBRL financial report R4), Aug 7, 2026
  10. American International Group, Inc. (SEC filing), American International Group, Inc. Form 8-K, Item 2.02, Exhibit 99.1: AIG Delivers Strong Second Quarter Results and Exceptional First Half of the Year, Aug 6, 2026
  11. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-Q for the quarterly period ended June 30, 2026, Exhibit 31: certifications of the Chief Executive Officer and the Chief Financial Officer, Aug 7, 2026
  12. American International Group, Inc. (SEC filing), American International Group, Inc. Form 8-K, Item 5.02: Peter Zaffino to step down as Executive Chair; John Rice to become Chair of the Board, Sep 2, 2026
  13. American International Group, Inc. (SEC filing), American International Group, Inc. Form 8-K, Item 5.02: retirement of Jon Hancock as Executive Vice President and Chief Executive Officer, General Insurance, Sep 16, 2026
  14. American International Group, Inc. (SEC filing), American International Group, Inc. Form 8-K, Item 8.01: sale of 4.250% Notes Due 2031 and 4.750% Notes Due 2036, Sep 24, 2026
  15. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2025: Condensed Consolidated Statements of Equity (Parenthetical) (XBRL financial report R9), Feb 12, 2026
  16. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2025: Segment Information - Schedule of Continuing Operations by Operating Segment (Details) (XBRL financial report R64), Feb 12, 2026
  17. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2021: Consolidated Statements of Income (Loss) (XBRL financial report R5), Feb 17, 2022
  18. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2022: Consolidated Statements of Income (Loss) (XBRL financial report R5), Feb 17, 2023
  19. American International Group, Inc. (SEC filing), American International Group, Inc. Form 10-K for the fiscal year ended December 31, 2024: Consolidated Statements of Income (Loss) (XBRL financial report R5), Feb 13, 2025

Figures last checked against the sources above on . General information, not investment advice.

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