From Yahoo Finance: 2025-05-02 10:54:00

American International Group (AIG) reported a 71% drop in net income to $698m in Q1 2025, with earnings per diluted share falling to $1.16. Return on equity and core operating ROE decreased to 6.7% and 7.7%, respectively, due to Corebridge Financial deconsolidation impact. General Insurance segment net premiums remained stable at $4.5bn, but underwriting income fell by 59% to $243m.

In Q1 2025, AIG returned $2.5bn to shareholders through buybacks and dividends. The company declared a quarterly cash dividend of $0.45 per share, payable on 27 June. AIG chairman Peter Zaffino praised the strong results, citing effective underwriting and reinsurance strategies. Despite industry losses, AIG remains on track for the year with a resilient balance sheet.

AIG posted a net loss of $1.43bn for full year 2024, compared to $3.61bn net income the previous year. The company remains focused on navigating macroeconomic challenges with a diversified global portfolio and disciplined underwriting practices. AIG’s commitment to delivering high-quality results remains steadfast.



Read more at Yahoo Finance: AIG profit plunges 71% in Q1 2025