v3.26.1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Fixed maturity securities:    
Bonds available for sale, at fair value, net of allowance for credit losses of $35 in 2026 and $37 in 2025 (amortized cost: 2026 - $72,710; 2025 - $71,772) $ 71,472 $ 71,032
Other bond securities, at fair value 667 741
Equity securities, at fair value 1,034 502
Mortgage and other loans receivable, net of allowance for credit losses of $37,714 in 2026 and $37,747 in 2025 2,599 2,887
Other invested assets (portion measured at fair value: 2026 - $3,120; 2025 - $5,011) 6,841 6,696
Short-term investments, including restricted cash of $58 in 2026 and $55 in 2025 (portion measured at fair value: 2026 - $5,213; 2025 - $5,909) 9,063 11,141
Total investments 91,676 92,999
Cash 1,490 1,274
Accrued investment income 719 691
Premiums and other receivables, net of allowance for credit losses and disputes of $134 in 2026 and $131 in 2025 12,761 10,441
Deferred income tax assets 4,876 5,096
Deferred policy acquisition costs 2,217 2,106
Goodwill 3,422 3,435
Deposit accounting assets, net of allowance for credit losses of $49 in 2026 and $49 in 2025 2,546 2,443
Other assets, including restricted cash of $17 in 2026 and $16 in 2025 (portion measured at fair value: 2026 - $3; 2025 - $135) 4,963 4,773
Total assets 163,464 161,254
Liabilities:    
Liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of $14 in 2026 and $14 in 2025 69,852 70,666
Unearned premiums 20,035 17,991
Future policy benefits 1,302 1,385
Other policyholder funds 321 352
Fortitude Re funds withheld payable (portion measured at fair value: 2026 - $(75); 2025 - $(92)) 2,903 3,038
Premiums and other related payables 7,451 5,448
Deposit accounting liabilities 3,340 3,295
Commissions and premium taxes payable 1,506 1,556
Current and deferred income tax liabilities 636 661
Other liabilities (portion measured at fair value: 2026 - $192; 2025 - $162) 6,365 6,509
Total liabilities 122,838 120,092
Contingencies, commitments and guarantees (See Note 12)
AIG shareholders’ equity:    
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2026 - 1,906,671,492 and 2025 - 1,906,671,492 4,766 4,766
Treasury stock, at cost; 2026 - 1,381,952,801 shares; 2025 - 1,368,489,324 shares of common stock (72,283) (71,199)
Additional paid-in capital 75,341 75,373
Retained earnings 38,388 37,186
Accumulated other comprehensive loss (5,606) (4,987)
Total AIG shareholders’ equity 40,606 41,139
Non-redeemable noncontrolling interests 20 23
Total equity 40,626 41,162
Total liabilities and equity 163,464 161,254
Consolidated Entity, Excluding Consolidated VIE    
Liabilities:    
Long-term debt 8,973 9,035
Consolidated VIE    
Liabilities:    
Long-term debt 154 156
Fortitude RE    
Fixed maturity securities:    
Reinsurance assets, net of allowance for credit losses and disputes 3,039 3,167
Excluding Fortitude    
Fixed maturity securities:    
Reinsurance assets, net of allowance for credit losses and disputes $ 35,755 $ 34,829