AIG · 10-Q · 2026Q2 · Full report

Net Investment Income Trends

AMERICAN INTERNATIONAL GROUP, INC. · 2026-08-07 · Importance 59 · Surprise 48 · Matches filing data

Total net investment income decreased 23% to $1.127 billion in the second quarter of 2026 and 28% to $1.839 billion for the first six months. Six-month net investment income declined $732 million, primarily because fair-value changes in Corebridge and equity securities reduced income by $744 million and alternative-investment and mortgage-loan income fell $101 million. Higher income from available-for-sale fixed-maturity securities partially offset the decline by $132 million for the six-month period. Other Operations adjusted pre-tax loss increased $102 million for six months, primarily because lower short-term investment income and Corebridge dividends reduced net investment income and other by $109 million.

Key facts

• Net realized losses for the three months ended June 30, 2026: $(265) million. source
• Total net investment income for the six months ended June 30, 2026: $1,839 million. source
• Net investment income - excluding Fortitude Re funds withheld assets for the three months ended June 30, 2026: $1,091 million. source
• Total net investment income for the three months ended June 30, 2026: $1,127 million. source
• Net investment income excluding Fortitude Re funds withheld assets (three months ended June 30, 2026): $1,091 million. source
• Total net investment income (three months ended June 30, 2026): $1,127 million. source

Impact estimates