AIG · 8-K · 20260806PR000072

Competition and Pricing Pressure

AMERICAN INTERNATIONAL GROUP, INC. · 2026-08-06 · Importance 23 · Surprise 24

AIG said the insurance market has shifted from an extended period of broad positive pricing to a more selective environment. Profitability and growth are increasingly dependent on line-specific market dynamics, prompting AIG to pursue targeted growth where it expects attractive risk-adjusted returns. Rate pressure affected North America Commercial, particularly Property, and International Commercial Financial Lines. International Commercial also reported higher accident-year loss ratios reflecting rate pressure, while strong new business growth increased the acquisition ratio.