AIG · 8-K · 20260806PR000072

Net Income and Profitability

AMERICAN INTERNATIONAL GROUP, INC. · 2026-08-06 · Importance 43 · Surprise 22

Net income attributable to AIG common shareholders declined 17% year-over-year to $948 million in the second quarter of 2026 from $1.144 billion. Diluted GAAP earnings per share decreased 10% to $1.78, while adjusted after-tax income increased 2% to $1.069 billion and adjusted after-tax income per diluted share increased 10% to $2.00. The GAAP decline was primarily caused by changes in the fair value of AIG’s Corebridge investment and equity securities, partly offset by higher underwriting income. Return on equity was 9.4%, adjusted return on equity was 10.2%, and Core Operating ROE was 11.1%.

Key facts

• General Insurance APTI was $1.5 billion in the second quarter of 2026, increasing 4% from the prior year quarter source
• Net income attributable to AIG common shareholders was $948 million for the second quarter of 2026 source
• Adjusted pre-tax income of $1,404 million for the three months ended June 30, 2026 source
• Adjusted after-tax income attributable to AIG common shareholders was $1,069 million for the three months ended June 30, 2026 source
• Net income per diluted share of $1.78 for the second quarter of 2026, a decrease of 10% year-over-year source
• Adjusted after-tax income (AATI) per diluted share of $2.00 for the second quarter of 2026, an increase of 10% year-over-year source
• Book value per share of $77.39 as of June 30, 2026, an increase of 4% from June 30, 2025 source
• Adjusted tangible book value per share of $72.18 as of June 30, 2026, an increase of 3% from June 30, 2025 source