v3.26.1
Condensed Consolidated Statements of Income (Loss) (unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Premiums $ 6,221 $ 5,877 $ 12,293 $ 11,647
Net investment income:        
Total net investment income 1,127 1,466 1,839 2,571
Net realized losses:        
Total net realized losses (265) (258) (400) (361)
Other income 2 6 3 17
Total revenues 7,085 7,091 13,735 13,874
Benefits, losses and expenses:        
Losses and loss adjustment expenses incurred 3,584 3,493 7,059 7,287
Amortization of deferred policy acquisition costs 900 847 1,724 1,672
General operating and other expenses 1,231 1,162 2,368 2,277
Interest expense 100 100 200 192
(Gain) loss on extinguishment of debt 0 (5) 0 (5)
Net (gain) loss on divestitures and other 6 (50) 133 (53)
Total benefits, losses and expenses 5,821 5,547 11,484 11,370
Income before income tax expense 1,264 1,544 2,251 2,504
Income tax expense 316 400 540 662
Net loss 948 1,144 1,711 1,842
Less: Net income (loss) attributable to noncontrolling interests 0 0 0 0
Net income attributable to AIG common shareholders 948 1,144 1,711 1,842
Net income attributable to AIG common shareholders $ 948 $ 1,144 $ 1,711 $ 1,842
Net income per common share attributable to AIG common shareholders:        
Basic (in dollars per share) $ 1.79 $ 2.00 $ 3.21 $ 3.16
Diluted (in dollars per share) $ 1.78 $ 1.98 $ 3.18 $ 3.13
Weighted average shares outstanding:        
Basic (in shares) 529,539,714 572,817,409 533,775,623 583,272,826
Diluted (in shares) 533,574,538 577,941,232 537,846,532 588,534,928
Excluding Fortitude Re funds withheld assets        
Net investment income:        
Total net investment income $ 1,091 $ 1,427 $ 1,780 $ 2,492
Net realized losses:        
Total net realized losses (208) (192) (340) (252)
Fortitude Re funds withheld assets        
Net investment income:        
Total net investment income 36 39 59 79
Net realized losses:        
Total net realized losses (6) (52) (19) (54)
Fortitude Re funds withheld embedded derivative        
Net realized losses:        
Total net realized losses $ (51) $ (14) $ (41) $ (55)