American International Group, Inc(NYSE:AIG)
American International Group, Inc. provides insurance products for commercial, institutional, and individual customers in North America and internationally. The company's General Insurance segment offers general liability, environmental, commercial automobile liability, workers' compensation, casual...
Website: http://www.aig.com
Founded: 1919
Full Time Employees: 46,000
Sector: Financial Services
Industry: Insurance-Diversified
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-06-30 |
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revenues: | |||||||||||||||||||||||||||||||||||
premiums | 6,072,000,000 | 6,031,000,000 | 6,073,000,000 | 5,877,000,000 | 5,770,000,000 | 5,973,000,000 | 5,945,000,000 | 5,748,000,000 | 8,167,000,000 | 7,244,000,000 | 9,057,000,000 | 8,481,000,000 | 7,832,000,000 | 7,516,000,000 | 7,110,000,000 | 7,504,000,000 | 7,914,000,000 | 6,507,000,000 | 7,407,000,000 | 7,443,000,000 | 7,617,000,000 | 7,430,000,000 | 8,070,000,000 | 7,668,000,000 | 7,207,000,000 | 8,063,000,000 | 7,614,000,000 | 7,782,000,000 | 8,581,000,000 | 8,751,000,000 | 8,806,000,000 | 8,862,000,000 | 9,545,000,000 | 8,822,000,000 | 9,458,000,000 |
net investment income: | |||||||||||||||||||||||||||||||||||
net investment income - excluding fortitude re funds withheld assets | 689,000,000 | 831,000,000 | 743,000,000 | 1,427,000,000 | 1,065,000,000 | 1,292,000,000 | 922,000,000 | 957,000,000 | 3,535,000,000 | 3,292,000,000 | 3,280,000,000 | 3,087,000,000 | 2,513,000,000 | 2,416,000,000 | 2,946,000,000 | 3,220,000,000 | 3,168,000,000 | 3,171,000,000 | 3,250,000,000 | ||||||||||||||||
net investment income - fortitude re funds withheld assets | 23,000,000 | 41,000,000 | 29,000,000 | 39,000,000 | 40,000,000 | 21,000,000 | 51,000,000 | 33,000,000 | 369,000,000 | 264,000,000 | 291,000,000 | 446,000,000 | 155,000,000 | 188,000,000 | 291,000,000 | 495,000,000 | 507,000,000 | 486,000,000 | |||||||||||||||||
total net investment income | 712,000,000 | 872,000,000 | 772,000,000 | 1,466,000,000 | 1,105,000,000 | 1,313,000,000 | 973,000,000 | 990,000,000 | 3,904,000,000 | 3,556,000,000 | 3,571,000,000 | 3,533,000,000 | 2,668,000,000 | 2,604,000,000 | 3,237,000,000 | 3,715,000,000 | 3,675,000,000 | 3,657,000,000 | 3,366,000,000 | ||||||||||||||||
net realized gains: | |||||||||||||||||||||||||||||||||||
net realized losses - excluding fortitude re funds withheld assets and embedded derivative | -132,000,000 | -192,000,000 | -60,000,000 | -187,000,000 | -258,000,000 | ||||||||||||||||||||||||||||||
net realized losses on fortitude re funds withheld assets | -13,000,000 | -11,000,000 | -5,000,000 | -52,000,000 | -2,000,000 | -1,000,000 | -18,000,000 | -1,000,000 | -179,000,000 | -227,000,000 | -138,000,000 | -31,000,000 | |||||||||||||||||||||||
net realized gains on fortitude re funds withheld embedded derivative | 10,000,000 | -14,000,000 | 83,000,000 | -157,000,000 | 8,000,000 | 13,000,000 | 1,137,000,000 | 180,000,000 | -1,165,000,000 | 1,757,000,000 | 2,776,000,000 | 3,318,000,000 | |||||||||||||||||||||||
total net realized losses | -135,000,000 | -351,000,000 | -490,000,000 | -258,000,000 | -103,000,000 | -108,500,000 | -167,000,000 | -180,000,000 | -424,000,000 | ||||||||||||||||||||||||||
other income | 1,000,000 | -2,000,000 | -4,000,000 | 6,000,000 | 11,000,000 | 5,000,000 | 2,000,000 | 217,000,000 | 191,000,000 | 193,000,000 | 181,000,000 | 195,000,000 | 187,000,000 | 278,000,000 | 242,000,000 | 247,000,000 | 256,000,000 | 206,000,000 | 218,000,000 | 227,000,000 | 213,000,000 | 218,000,000 | 403,000,000 | 431,000,000 | 466,000,000 | 619,000,000 | 555,000,000 | 609,000,000 | 552,000,000 | 379,000,000 | 395,000,000 | 1,514,000,000 | 1,297,000,000 | 1,472,000,000 | |
total revenues | 6,650,000,000 | 6,550,000,000 | 6,351,000,000 | 7,091,000,000 | 6,783,000,000 | 7,177,000,000 | 6,751,000,000 | 6,560,000,000 | 12,578,000,000 | 12,774,000,000 | 13,218,000,000 | 10,984,000,000 | 14,602,000,000 | 14,441,000,000 | 15,808,000,000 | 12,835,000,000 | 10,681,000,000 | 14,454,000,000 | 9,396,000,000 | 14,443,000,000 | 12,914,000,000 | 12,561,000,000 | 12,456,000,000 | 11,486,000,000 | 11,631,000,000 | 11,751,000,000 | 12,502,000,000 | 12,632,000,000 | 12,854,000,000 | 14,724,000,000 | 11,779,000,000 | 12,822,000,000 | 15,699,000,000 | 15,975,000,000 | 16,105,000,000 |
yoy | -1.96% | -8.74% | -5.93% | 8.09% | -46.07% | -43.82% | -48.93% | -40.28% | -13.86% | -11.54% | -16.38% | -14.42% | 36.71% | -0.09% | 68.24% | -11.13% | -17.29% | 15.07% | -24.57% | 25.74% | 11.03% | 6.89% | -0.37% | -9.07% | -9.51% | -20.19% | 6.14% | -1.48% | -18.12% | -7.83% | -26.86% | ||||
qoq | 1.53% | 3.13% | -10.44% | 4.54% | -5.49% | 6.31% | 2.91% | -47.85% | -1.53% | -3.36% | 20.34% | -24.78% | 1.11% | -8.65% | 23.16% | 20.17% | -26.10% | 53.83% | -34.94% | 11.84% | 2.81% | 0.84% | 8.45% | -1.25% | -1.02% | -6.01% | -1.03% | -1.73% | -12.70% | 25.00% | -8.13% | -18.33% | -1.73% | -0.81% | |
benefits, losses and expenses: | |||||||||||||||||||||||||||||||||||
losses and loss adjustment expenses incurred | 3,475,000,000 | 3,484,000,000 | 3,391,000,000 | 3,493,000,000 | 3,794,000,000 | 3,814,000,000 | 3,773,000,000 | 3,467,000,000 | |||||||||||||||||||||||||||
amortization of deferred policy acquisition costs | 824,000,000 | 849,000,000 | 850,000,000 | 847,000,000 | 825,000,000 | 882,000,000 | 863,000,000 | 842,000,000 | 1,104,000,000 | 1,190,000,000 | 1,190,000,000 | 1,293,000,000 | 1,248,000,000 | 1,298,000,000 | 1,437,000,000 | 1,260,000,000 | 915,000,000 | 1,304,000,000 | 754,000,000 | 1,862,000,000 | 1,252,000,000 | 1,439,000,000 | 1,289,000,000 | 1,118,000,000 | 1,337,000,000 | 912,000,000 | 1,115,000,000 | 1,108,000,000 | 1,018,000,000 | 1,345,000,000 | 1,262,000,000 | 1,275,000,000 | 1,356,000,000 | 1,350,000,000 | |
general operating and other expenses | 1,137,000,000 | 1,479,000,000 | 1,297,000,000 | 1,162,000,000 | 1,115,000,000 | 1,335,000,000 | 1,346,000,000 | 2,117,000,000 | 2,223,000,000 | ||||||||||||||||||||||||||
interest expense | 100,000,000 | 105,000,000 | 99,000,000 | 100,000,000 | 92,000,000 | 109,000,000 | 112,000,000 | 125,000,000 | 260,000,000 | 280,000,000 | 278,000,000 | 307,000,000 | 282,000,000 | 266,000,000 | 263,000,000 | 328,000,000 | 338,000,000 | 342,000,000 | 365,000,000 | 355,000,000 | 348,000,000 | 360,000,000 | 349,000,000 | 326,000,000 | 299,000,000 | 290,000,000 | 292,000,000 | 298,000,000 | 329,000,000 | 320,000,000 | 306,000,000 | 321,000,000 | 316,000,000 | 340,000,000 | 463,000,000 |
net loss on divestitures and other | 127,000,000 | -28,000,000 | -50,000,000 | -3,000,000 | -522,000,000 | 8,000,000 | -101,000,000 | ||||||||||||||||||||||||||||
total benefits, losses and expenses | 5,663,000,000 | 5,889,000,000 | 5,637,000,000 | 5,547,000,000 | 5,823,000,000 | 5,631,000,000 | 6,102,000,000 | 5,943,000,000 | 10,527,000,000 | 9,206,000,000 | 11,351,000,000 | 11,215,000,000 | 10,755,000,000 | 10,120,000,000 | 9,973,000,000 | 10,659,000,000 | 10,534,000,000 | 9,726,000,000 | 19,057,000,000 | 11,885,000,000 | 11,654,000,000 | 10,724,000,000 | 11,302,000,000 | 13,013,000,000 | 10,379,000,000 | 14,554,000,000 | 10,835,000,000 | 10,905,000,000 | 12,117,000,000 | 11,866,000,000 | 11,993,000,000 | 12,199,000,000 | |||
income before income tax expense | 987,000,000 | ||||||||||||||||||||||||||||||||||
income tax expense | 224,000,000 | -70,000,000 | 190,000,000 | 400,000,000 | 262,000,000 | 599,000,000 | 168,000,000 | 142,000,000 | 821,000,000 | 806,000,000 | 928,000,000 | 1,179,000,000 | 798,000,000 | 904,000,000 | 446,000,000 | 217,000,000 | -1,527,000,000 | 1,252,000,000 | -2,803,000,000 | 557,000,000 | 304,000,000 | 924,000,000 | 65,000,000 | 777,000,000 | 1,300,000,000 | 1,474,000,000 | |||||||||
net income | 763,000,000 | 731,000,000 | 524,000,000 | 1,144,000,000 | 698,000,000 | 901,000,000 | 457,000,000 | -3,884,000,000 | 1,600,000,000 | 2,747,000,000 | 1,691,000,000 | -87,000,000 | 3,041,000,000 | 3,392,000,000 | 4,656,000,000 | 1,737,000,000 | 150,000,000 | 3,930,000,000 | -7,766,000,000 | 1,654,000,000 | 973,000,000 | 1,390,000,000 | 937,000,000 | -1,259,000,000 | 931,000,000 | -1,713,000,000 | 1,118,000,000 | 1,211,000,000 | 436,000,000 | 1,924,000,000 | -203,000,000 | -197,000,000 | 1,791,000,000 | 2,477,000,000 | 3,036,000,000 |
yoy | 9.31% | -18.87% | 14.66% | -129.45% | -56.38% | -67.20% | -72.97% | 4364.37% | -47.39% | -19.02% | -63.68% | -105.01% | 1927.33% | -13.69% | -159.95% | 5.02% | -84.58% | 182.73% | -928.82% | -231.37% | 4.51% | -181.14% | -16.19% | -203.96% | 113.53% | -189.03% | -650.74% | -714.72% | -75.66% | -22.33% | -106.69% | ||||
qoq | 4.38% | 39.50% | -54.20% | 63.90% | -22.53% | 97.16% | -111.77% | -342.75% | -41.75% | 62.45% | -2043.68% | -102.86% | -10.35% | -27.15% | 168.05% | 1058.00% | -96.18% | -150.61% | -569.53% | 69.99% | -30.00% | 48.35% | -174.42% | -235.23% | -154.35% | -253.22% | -7.68% | 177.75% | -77.34% | -1047.78% | 3.05% | -111.00% | -27.69% | -18.41% | |
net income margin % | 11.47% | 11.16% | 8.25% | 16.13% | 10.29% | 12.55% | 6.77% | -59.21% | 12.72% | 21.50% | 12.79% | -0.79% | 20.83% | 23.49% | 29.45% | 13.53% | 1.40% | 27.19% | -82.65% | 11.45% | 7.53% | 11.07% | 7.52% | -10.96% | 8.00% | -14.58% | 8.94% | 9.59% | 3.39% | 13.07% | -1.72% | -1.54% | 11.41% | 15.51% | 18.85% |
less: net income attributable to noncontrolling interests | -4,000,000 | 5,000,000 | 3,000,000 | -2,000,000 | 93,000,000 | ||||||||||||||||||||||||||||||
net income attributable to aig common shareholders | 763,000,000 | 735,000,000 | 519,000,000 | 1,144,000,000 | 698,000,000 | 898,000,000 | 459,000,000 | -3,977,000,000 | 1,194,000,000 | 2,020,000,000 | 1,485,000,000 | 23,000,000 | 2,702,000,000 | 3,028,000,000 | 4,253,000,000 | 1,660,000,000 | 91,000,000 | 3,869,000,000 | -7,936,000,000 | 1,742,000,000 | 648,000,000 | 1,102,000,000 | |||||||||||||
net income per common share attributable to aig common shareholders: | |||||||||||||||||||||||||||||||||||
basic | 1,420,000 | ||||||||||||||||||||||||||||||||||
diluted | 1,410,000 | ||||||||||||||||||||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||
basic | 538,053,962,000,000 | 565,078,072,000,000 | 553,308,504,000,000 | 572,817,409,000,000 | 593,839,665,000,000 | 651,448,307,000,000 | 641,621,768,000,000 | 661,092,967,000,000 | 682,576,848,000,000 | 712,598,496,000,000 | 725,754,549,000,000 | 738,661,428,000,000 | 763,051,482,000,000 | 790,897,301,000,000 | 816,314,273,000,000 | 852,765,263,000,000 | 862,930,931,000,000 | 868,105,069,000,000 | 866,968,305,000,000 | 874,213,630,000,000 | 877,009,495,000,000 | 876,382,884,000,000 | 875,383,084,000,000 | 895,237,359,000,000 | 903,215,488,000,000 | 908,667,044,000,000 | 925,751,084,000,000 | 980,777,243,000,000 | 1,071,295,892,000,000 | 1,113,587,927,000,000 | 1,156,548,459,000,000 | 1,279,072,748,000,000 | 1,329,157,366,000,000 | 1,365,951,690,000,000 | 1,442,397,111,000,000 |
diluted | 542,160,956,000,000 | 570,349,988,000,000 | 558,519,830,000,000 | 577,941,232,000,000 | 599,240,046,000,000 | 657,283,160,000,000 | 647,365,442,000,000 | 666,955,168,000,000 | 687,961,518,000,000 | 718,727,312,000,000 | 730,547,112,000,000 | 744,099,186,000,000 | 771,132,401,000,000 | 800,730,746,000,000 | 826,012,610,000,000 | 864,019,494,000,000 | 872,877,303,000,000 | 876,269,924,000,000 | 866,968,305,000,000 | 878,866,213,000,000 | 895,814,410,000,000 | 888,325,042,000,000 | 877,512,244,000,000 | 895,237,359,000,000 | 916,572,481,000,000 | 908,667,044,000,000 | 948,248,771,000,000 | 1,005,315,030,000,000 | 1,102,400,770,000,000 | 1,140,045,973,000,000 | 1,156,548,459,000,000 | 1,279,072,748,000,000 | 1,365,390,431,000,000 | 1,386,263,549,000,000 | 1,464,676,330,000,000 |
net realized gains - excluding fortitude re funds withheld assets and embedded derivative | -170,750,000 | -431,000,000 | -59,500,000 | 8,000,000 | 171,000,000 | -339,000,000 | -713,000,000 | 1,504,000,000 | 702,000,000 | ||||||||||||||||||||||||||
net realized losses on fortitude re funds withheld embedded derivative | -57,000,000 | -54,000,000 | -41,000,000 | ||||||||||||||||||||||||||||||||
loss on extinguishment of debt | -5,000,000 | 13,000,000 | 1,000,000 | 21,000,000 | 299,000,000 | 15,000,000 | 7,000,000 | 83,000,000 | 346,000,000 | 342,000,000 | 68,000,000 | 34,000,000 | |||||||||||||||||||||||
income from continuing operations before income tax expense | 661,000,000 | 714,000,000 | 1,544,000,000 | 960,000,000 | 1,546,000,000 | 649,000,000 | 617,000,000 | 3,568,000,000 | 3,847,000,000 | 4,321,000,000 | 5,835,000,000 | 4,728,000,000 | 2,558,000,000 | 1,837,000,000 | 1,154,000,000 | 1,667,000,000 | 737,000,000 | 2,858,000,000 | -115,000,000 | 2,552,000,000 | 3,776,000,000 | 4,480,000,000 | |||||||||||||
income from continuing operations | 731,000,000 | 524,000,000 | 1,144,000,000 | 698,000,000 | 947,000,000 | 481,000,000 | 475,000,000 | 1,600,000,000 | 2,747,000,000 | 1,691,000,000 | -87,000,000 | 3,041,000,000 | 3,393,000,000 | 4,656,000,000 | 1,737,000,000 | 150,000,000 | 3,930,000,000 | -7,765,000,000 | 1,654,000,000 | 973,000,000 | 1,391,000,000 | 937,000,000 | -1,220,000,000 | 931,000,000 | -1,712,000,000 | 1,110,000,000 | 1,211,000,000 | 433,000,000 | 1,934,000,000 | -156,000,000 | -180,000,000 | 1,775,000,000 | 2,476,000,000 | 3,006,000,000 | |
loss from discontinued operations, net of income taxes | -1,000,000 | ||||||||||||||||||||||||||||||||||
net income attributable to aig | 735,000,000 | 519,000,000 | 1,144,000,000 | 698,000,000 | 898,000,000 | 459,000,000 | -3,977,000,000 | 1,216,000,000 | 2,027,000,000 | 1,493,000,000 | 30,000,000 | 2,709,000,000 | 3,036,000,000 | 4,260,000,000 | 1,667,000,000 | 99,000,000 | 3,876,000,000 | -7,928,000,000 | 1,749,000,000 | 656,000,000 | 1,109,000,000 | 654,000,000 | -1,259,000,000 | 937,000,000 | -1,739,000,000 | 1,130,000,000 | 1,185,000,000 | 462,000,000 | 1,913,000,000 | -183,000,000 | -231,000,000 | 1,800,000,000 | 2,468,000,000 | 3,073,000,000 | |
less: dividends on preferred stock and preferred stock redemption premiums | 22,000,000 | ||||||||||||||||||||||||||||||||||
income per common share attributable to aig common shareholders: | |||||||||||||||||||||||||||||||||||
basic: | |||||||||||||||||||||||||||||||||||
loss from discontinued operations | |||||||||||||||||||||||||||||||||||
diluted: | |||||||||||||||||||||||||||||||||||
net realized losses: | |||||||||||||||||||||||||||||||||||
income from discontinued operations, net of income taxes | -46,000,000 | -24,000,000 | -4,359,000,000 | -1,000,000 | |||||||||||||||||||||||||||||||
income from discontinued operations | -170,000 | -30,000 | -6,740,000 | -40,000 | 10,000 | -10,000 | -40,000 | -10,000 | 10,000 | 20,000 | |||||||||||||||||||||||||
net realized gains | |||||||||||||||||||||||||||||||||||
general operating and other incomes | 1,610,000,000 | 2,014,000,000 | 2,268,000,000 | 1,980,000,000 | 2,093,000,000 | 2,181,000,000 | 2,240,000,000 | 2,218,000,000 | 2,088,000,000 | 2,087,000,000 | 2,153,000,000 | 2,187,000,000 | 2,140,000,000 | 2,053,000,000 | 2,325,000,000 | 2,323,000,000 | 2,149,000,000 | 2,182,000,000 | 2,443,000,000 | 2,536,000,000 | 2,586,000,000 | 3,003,000,000 | 3,175,000,000 | 3,090,000,000 | 2,949,000,000 | ||||||||||
net (gain) loss on divestitures and other | -102,000,000 | -6,000,000 | -43,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||
policy fees | 714,000,000 | 702,000,000 | 694,000,000 | 698,000,000 | 732,000,000 | 742,000,000 | 764,000,000 | 714,000,000 | 771,000,000 | 784,000,000 | 749,000,000 | 755,000,000 | 733,000,000 | 769,000,000 | 735,000,000 | 530,000,000 | 763,000,000 | 728,000,000 | 725,000,000 | 724,000,000 | 646,000,000 | 696,000,000 | 687,000,000 | 701,000,000 | 688,000,000 | 677,000,000 | 701,000,000 | ||||||||
policyholder benefits and losses incurred | 6,320,000,000 | 4,982,000,000 | 6,858,000,000 | 6,397,000,000 | 6,187,000,000 | 5,123,000,000 | 5,255,000,000 | 5,959,000,000 | 6,084,000,000 | 5,139,000,000 | 6,521,000,000 | 6,325,000,000 | 6,892,000,000 | 5,802,000,000 | 6,679,000,000 | 8,312,000,000 | 5,505,000,000 | 10,322,000,000 | 6,284,000,000 | 6,047,000,000 | 7,489,000,000 | 6,872,000,000 | 6,387,000,000 | 6,936,000,000 | 7,100,000,000 | 6,551,000,000 | |||||||||
change in the fair value of market risk benefits | -369,000,000 | -418,000,000 | -262,000,000 | 196,000,000 | |||||||||||||||||||||||||||||||
interest credited to policyholder account balances | 1,204,000,000 | 1,135,000,000 | 1,062,000,000 | 1,040,000,000 | 951,000,000 | 910,000,000 | 877,000,000 | 923,000,000 | 872,000,000 | 868,000,000 | 918,000,000 | 957,000,000 | 966,000,000 | 967,000,000 | 940,000,000 | 933,000,000 | 935,000,000 | 867,000,000 | 906,000,000 | 910,000,000 | 887,000,000 | 961,000,000 | 950,000,000 | 881,000,000 | 942,000,000 | 935,000,000 | 963,000,000 | ||||||||
income from continuing operations before income tax benefit | 2,051,000,000 | 1,867,000,000 | -231,000,000 | 2,176,000,000 | 147,000,000 | -9,661,000,000 | 1,260,000,000 | 1,727,000,000 | -214,000,000 | ||||||||||||||||||||||||||
income tax benefit | 451,000,000 | 176,000,000 | -144,000,000 | 439,000,000 | -3,000,000 | -1,896,000,000 | 287,000,000 | 516,000,000 | -58,000,000 | ||||||||||||||||||||||||||
less: net income from continuing operations attributable to noncontrolling interests | 384,000,000 | ||||||||||||||||||||||||||||||||||
total net realized gains | 1,081,000,000 | -297,000,000 | -1,909,000,000 | 3,175,000,000 | 3,392,000,000 | 4,419,000,000 | 660,000,000 | -1,926,000,000 | |||||||||||||||||||||||||||
less: | |||||||||||||||||||||||||||||||||||
net income from continuing operations attributable to noncontrolling interests | 720,000,000 | 198,000,000 | -117,000,000 | 332,000,000 | 356,000,000 | 396,000,000 | 54,000,000 | -95,000,000 | |||||||||||||||||||||||||||
less: dividends on preferred stock | 7,000,000 | 8,000,000 | 7,000,000 | 7,000,000 | 8,000,000 | 7,000,000 | 7,000,000 | 8,000,000 | 7,000,000 | 8,000,000 | 7,000,000 | 8,000,000 | 7,000,000 | ||||||||||||||||||||||
net realized gains on fortitude re funds withheld assets | -86,000,000 | -86,000,000 | -140,000,000 | 190,000,000 | 173,000,000 | ||||||||||||||||||||||||||||||
net gain on divestitures | -6,000,000 | -40,000,000 | |||||||||||||||||||||||||||||||||
net loss on divestitures | 1,000,000 | ||||||||||||||||||||||||||||||||||
net realized gains - excluding fortitude re funds withheld | |||||||||||||||||||||||||||||||||||
assets and embedded derivative | 1,241,000,000 | 679,000,000 | -43,000,000 | 695,000,000 | |||||||||||||||||||||||||||||||
gain on extinguishment of debt | -14,000,000 | ||||||||||||||||||||||||||||||||||
net realized gains on fortitude re funds withheld embedded | |||||||||||||||||||||||||||||||||||
derivative | -209,000,000 | -2,056,000,000 | |||||||||||||||||||||||||||||||||
(gain) loss on extinguishment of debt | 51,000,000 | 106,000,000 | -8,000,000 | 17,000,000 | 1,000,000 | 5,000,000 | 1,000,000 | ||||||||||||||||||||||||||||
net (gain) loss on divestitures | -102,000,000 | ||||||||||||||||||||||||||||||||||
net income from continuing operations attributable to | |||||||||||||||||||||||||||||||||||
noncontrolling interests | 70,000,000 | 51,000,000 | 162,000,000 | 317,000,000 | 281,000,000 | 283,000,000 | 26,000,000 | -12,000,000 | 26,000,000 | -26,000,000 | 11,000,000 | -20,000,000 | 34,000,000 | 9,000,000 | -37,000,000 | ||||||||||||||||||||
net (gain) loss on sale or disposal of divested businesses | 1,000,000 | -7,000,000 | 8,412,000,000 | 216,000,000 | |||||||||||||||||||||||||||||||
net realized capital gains: | |||||||||||||||||||||||||||||||||||
net realized capital gains - excluding fortitude re funds withheld | |||||||||||||||||||||||||||||||||||
net realized capital gains on fortitude re funds withheld assets | 173,000,000 | ||||||||||||||||||||||||||||||||||
net realized capital gains on fortitude re funds withheld embedded derivative | 2,382,000,000 | ||||||||||||||||||||||||||||||||||
total net realized capital gains | 3,250,000,000 | -2,332,000,000 | 929,000,000 | 404,000,000 | 165,000,000 | -69,000,000 | -765,000,000 | 1,042,000,000 | -1,106,000,000 | -342,000,000 | 126,000,000 | 1,341,000,000 | 101,000,000 | ||||||||||||||||||||||
net investment income - fortitude re funds withheld assets* | 116,000,000 | ||||||||||||||||||||||||||||||||||
net realized capital gains | 3,519,000,000 | ||||||||||||||||||||||||||||||||||
net realized capital gains - excluding fortitude re funds withheld assets | -1,591,000,000 | ||||||||||||||||||||||||||||||||||
net realized capital gains on fortitude re funds withheld assets* | 96,000,000 | ||||||||||||||||||||||||||||||||||
net realized capital gains on fortitude re funds withheld embedded | |||||||||||||||||||||||||||||||||||
derivative* | -837,000,000 | ||||||||||||||||||||||||||||||||||
net investment income | 2,508,000,000 | 3,408,000,000 | 3,745,000,000 | 3,879,000,000 | 3,396,000,000 | 3,065,000,000 | 3,416,000,000 | 3,613,000,000 | 3,686,000,000 | 3,783,000,000 | 3,683,000,000 | 3,013,000,000 | 3,206,000,000 | 3,826,000,000 | 3,838,000,000 | 3,884,000,000 | |||||||||||||||||||
see accompanying notes to condensed consolidated financial statements. | |||||||||||||||||||||||||||||||||||
total other-than-temporary impairments on available for sale securities | -15,000,000 | -24,000,000 | -80,000,000 | -13,000,000 | -28,000,000 | -66,000,000 | -33,000,000 | -39,000,000 | -58,000,000 | -65,000,000 | -209,000,000 | -225,000,000 | -148,000,000 | -87,000,000 | -32,000,000 | ||||||||||||||||||||
portion of other-than-temporary impairments on available for sale | |||||||||||||||||||||||||||||||||||
fixed maturity securities recognized in other comprehensive income | -9,000,000 | -6,000,000 | -22,000,000 | -28,000,000 | -21,000,000 | -14,000,000 | -29,000,000 | 7,000,000 | -17,000,000 | -10,000,000 | -16,000,000 | ||||||||||||||||||||||||
net other-than-temporary impairments on available for sale | |||||||||||||||||||||||||||||||||||
securities recognized in net income | -24,000,000 | -30,000,000 | -83,000,000 | -35,000,000 | -36,000,000 | -74,000,000 | -61,000,000 | -60,000,000 | -72,000,000 | -94,000,000 | -202,000,000 | -242,000,000 | -152,000,000 | -97,000,000 | -48,000,000 | ||||||||||||||||||||
other realized capital gains | 953,000,000 | 434,000,000 | -363,000,000 | 201,000,000 | -693,000,000 | 1,136,000,000 | -904,000,000 | -100,000,000 | 278,000,000 | 1,438,000,000 | 149,000,000 | ||||||||||||||||||||||||
net (gain) loss on sale of divested businesses | 9,000,000 | 1,000,000 | -25,000,000 | 13,000,000 | 60,000,000 | -128,000,000 | -225,000,000 | 3,000,000 | 1,000,000 | -2,174,000,000 | |||||||||||||||||||||||||
income from discontinued operations, net of income tax expense | -1,000,000 | -39,000,000 | 8,000,000 | 3,000,000 | -10,000,000 | -47,000,000 | -17,000,000 | 16,000,000 | 1,000,000 | 30,000,000 | |||||||||||||||||||||||||
net realized capital losses: | |||||||||||||||||||||||||||||||||||
total net realized capital losses | -446,000,000 | -511,000,000 | -922,000,000 | -115,000,000 | |||||||||||||||||||||||||||||||
net gain on sale of divested businesses | |||||||||||||||||||||||||||||||||||
income per common share attributable to aig: | |||||||||||||||||||||||||||||||||||
other realized capital losses | -476,000,000 | -848,000,000 | -55,000,000 | ||||||||||||||||||||||||||||||||
income from continuing operations before | |||||||||||||||||||||||||||||||||||
dividends declared per common share | 320,000 | 320,000 | 320,000 | 320,000 | 320,000 | 320,000 | 320,000 | 320,000 | 280,000 | 125,000 | 125,000 | 125,000 | |||||||||||||||||||||||
net income on sale of properties and divested businesses | 100,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||
aircraft leasing revenue | 489,000,000 | ||||||||||||||||||||||||||||||||||
aircraft leasing expenses | 489,000,000 | ||||||||||||||||||||||||||||||||||
total benefits, claims and expenses | 12,937,000,000 | 13,147,000,000 | 11,625,000,000 | ||||||||||||||||||||||||||||||||
net (gain) loss on sale of properties and divested businesses | 6,000,000 | ||||||||||||||||||||||||||||||||||
benefits, claims and expenses: | |||||||||||||||||||||||||||||||||||
policyholder benefits and claims incurred | 6,771,000,000 | ||||||||||||||||||||||||||||||||||
amortization of deferred acquisition costs | 1,396,000,000 | ||||||||||||||||||||||||||||||||||
other acquisition and insurance expenses | 2,213,000,000 | ||||||||||||||||||||||||||||||||||
other incomes | 1,470,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets: | ||||||||||||||||||||||||||||||||||
investments: | ||||||||||||||||||||||||||||||||||
fixed maturity securities: | ||||||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 38 in 2026 and 37 in 2025 | 70,528,000,000 | |||||||||||||||||||||||||||||||||
other bond securities, at fair value | 677,000,000 | 741,000,000 | 743,000,000 | 722,000,000 | 754,000,000 | 745,000,000 | 763,000,000 | 766,000,000 | 5,437,000,000 | 5,353,000,000 | 8,327,000,000 | 10,461,000,000 | 11,511,000,000 | 11,420,000,000 | 11,774,000,000 | 12,653,000,000 | 13,478,000,000 | 13,605,000,000 | 14,772,000,000 | 15,335,000,000 | 15,344,000,000 | 16,822,000,000 | 16,598,000,000 | 19,013,000,000 | 21,430,000,000 | |||||||||
equity securities, at fair value | 1,616,000,000 | 502,000,000 | 829,000,000 | 775,000,000 | 733,000,000 | 704,000,000 | 767,000,000 | 688,000,000 | 679,000,000 | 624,000,000 | 771,000,000 | 880,000,000 | 841,000,000 | |||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 37,713 in 2026 and 37,747 in 2025 | 2,813,000,000 | |||||||||||||||||||||||||||||||||
other invested assets | 7,015,000,000 | 6,696,000,000 | 8,361,000,000 | 9,987,000,000 | 9,987,000,000 | 9,828,000,000 | 14,440,000,000 | 14,788,000,000 | 17,692,000,000 | 17,966,000,000 | 19,486,000,000 | 19,454,000,000 | 19,343,000,000 | 19,739,000,000 | 20,648,000,000 | 22,590,000,000 | 23,132,000,000 | 23,652,000,000 | 25,747,000,000 | 27,345,000,000 | 28,480,000,000 | 31,123,000,000 | 29,829,000,000 | 34,838,000,000 | 33,645,000,000 | |||||||||
short-term investments, including restricted cash of 57 in 2026 and 55 in 2025 | 8,196,000,000 | |||||||||||||||||||||||||||||||||
total investments | 90,845,000,000 | 92,999,000,000 | 93,848,000,000 | 93,966,000,000 | 91,839,000,000 | 93,613,000,000 | 98,084,000,000 | 95,485,000,000 | 322,216,000,000 | 300,319,000,000 | 306,758,000,000 | 314,937,000,000 | 306,087,000,000 | 315,062,000,000 | 337,870,000,000 | 355,596,000,000 | 359,539,000,000 | 350,151,000,000 | 332,336,000,000 | 340,993,000,000 | 334,928,000,000 | 324,863,000,000 | 316,063,000,000 | 319,758,000,000 | 321,123,000,000 | 320,746,000,000 | 315,505,000,000 | 346,368,000,000 | 350,667,000,000 | 342,846,000,000 | 346,401,000,000 | 348,579,000,000 | 356,813,000,000 | 369,976,000,000 |
cash | 1,454,000,000 | 1,274,000,000 | 1,589,000,000 | 1,825,000,000 | 1,393,000,000 | 1,302,000,000 | 1,472,000,000 | 1,381,000,000 | 3,408,000,000 | 2,738,000,000 | 3,361,000,000 | 2,935,000,000 | 2,565,000,000 | 2,741,000,000 | 2,135,000,000 | 2,433,000,000 | 2,517,000,000 | 1,918,000,000 | 2,498,000,000 | 1,784,000,000 | 1,499,000,000 | 1,569,000,000 | 1,937,000,000 | 1,823,000,000 | 1,827,000,000 | |||||||||
accrued investment income | 680,000,000 | 691,000,000 | 670,000,000 | 670,000,000 | 631,000,000 | 2,294,000,000 | 2,312,000,000 | 2,391,000,000 | 2,359,000,000 | 2,482,000,000 | 2,524,000,000 | 2,449,000,000 | 2,416,000,000 | 2,337,000,000 | 2,386,000,000 | 2,608,000,000 | 2,590,000,000 | 2,657,000,000 | 2,696,000,000 | 2,632,000,000 | 2,726,000,000 | 2,846,000,000 | ||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 135 in 2026 and 131 in 2025 | 11,634,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - fortitude re | 3,056,000,000 | 3,167,000,000 | 3,170,000,000 | 3,297,000,000 | 3,285,000,000 | |||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 246 in 2026 and 248 in 2025 | 35,843,000,000 | |||||||||||||||||||||||||||||||||
deferred income tax assets | 5,062,000,000 | 5,096,000,000 | 4,567,000,000 | 4,722,000,000 | 4,962,000,000 | 4,956,000,000 | 5,278,000,000 | 5,568,000,000 | ||||||||||||||||||||||||||
deferred policy acquisition costs | 2,128,000,000 | 2,106,000,000 | 2,135,000,000 | 2,151,000,000 | 2,009,000,000 | 2,065,000,000 | 2,191,000,000 | 2,123,000,000 | 12,111,000,000 | 11,999,000,000 | 12,702,000,000 | 13,304,000,000 | 15,822,000,000 | 14,838,000,000 | 12,915,000,000 | 10,607,000,000 | 10,723,000,000 | 10,003,000,000 | 11,889,000,000 | 11,000,000,000 | 11,386,000,000 | 12,128,000,000 | 12,683,000,000 | 11,997,000,000 | 10,938,000,000 | 11,063,000,000 | 11,091,000,000 | 10,537,000,000 | 10,487,000,000 | 10,800,000,000 | 10,537,000,000 | 10,270,000,000 | 9,708,000,000 | 9,106,000,000 |
goodwill | 3,418,000,000 | 3,435,000,000 | 3,439,000,000 | 3,453,000,000 | 3,398,000,000 | 3,373,000,000 | 3,453,000,000 | 3,407,000,000 | ||||||||||||||||||||||||||
deposit accounting assets, net of allowance for credit losses of 49 in 2026 and 49 in 2025 | 2,740,000,000 | |||||||||||||||||||||||||||||||||
other assets, including restricted cash of 17 in 2026 and 16 in 2025 | 4,683,000,000 | |||||||||||||||||||||||||||||||||
total assets | 161,543,000,000 | 161,254,000,000 | 163,415,000,000 | 165,971,000,000 | 161,864,000,000 | 161,322,000,000 | 169,449,000,000 | 167,890,000,000 | 544,121,000,000 | 521,521,000,000 | 537,138,000,000 | 536,627,000,000 | 522,932,000,000 | 538,938,000,000 | 573,513,000,000 | 594,800,000,000 | 598,250,000,000 | 569,388,000,000 | 510,477,000,000 | 525,122,000,000 | 522,269,000,000 | 512,922,000,000 | 504,860,000,000 | 496,829,000,000 | 503,073,000,000 | 499,762,000,000 | 500,162,000,000 | 514,568,000,000 | 510,349,000,000 | 502,777,000,000 | 501,985,000,000 | 509,987,000,000 | 520,701,000,000 | 529,109,000,000 |
liabilities: | ||||||||||||||||||||||||||||||||||
liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of 14 in 2026 and 14 in 2025 | 69,963,000,000 | |||||||||||||||||||||||||||||||||
unearned premiums | 18,921,000,000 | 17,991,000,000 | 19,563,000,000 | 20,045,000,000 | 18,090,000,000 | 17,232,000,000 | 18,926,000,000 | 18,738,000,000 | 17,831,000,000 | 18,409,000,000 | 19,152,000,000 | 20,817,000,000 | 20,371,000,000 | 21,120,000,000 | 21,764,000,000 | 21,245,000,000 | 21,487,000,000 | 20,103,000,000 | 20,128,000,000 | 19,959,000,000 | 20,621,000,000 | 20,812,000,000 | 20,829,000,000 | 19,676,000,000 | 20,135,000,000 | 19,992,000,000 | 19,840,000,000 | 21,047,000,000 | 22,165,000,000 | 22,060,000,000 | 22,686,000,000 | 22,786,000,000 | 22,437,000,000 | 23,694,000,000 |
future policy benefits | 1,289,000,000 | 1,385,000,000 | 1,420,000,000 | 1,443,000,000 | 1,342,000,000 | 1,317,000,000 | 1,471,000,000 | |||||||||||||||||||||||||||
other policyholder funds | 334,000,000 | 352,000,000 | 381,000,000 | 402,000,000 | 395,000,000 | 418,000,000 | 455,000,000 | 435,000,000 | 3,315,000,000 | 3,365,000,000 | 3,430,000,000 | 3,461,000,000 | 3,928,000,000 | 3,835,000,000 | 3,768,000,000 | 3,542,000,000 | 3,516,000,000 | 3,447,000,000 | 3,460,000,000 | 3,440,000,000 | 3,488,000,000 | 3,493,000,000 | 3,738,000,000 | 3,482,000,000 | 3,678,000,000 | 4,613,000,000 | 3,719,000,000 | 4,418,000,000 | 4,292,000,000 | 4,203,000,000 | 4,192,000,000 | 4,378,000,000 | 4,415,000,000 | 4,809,000,000 |
fortitude re funds withheld payable | 2,960,000,000 | 3,038,000,000 | 3,094,000,000 | 3,109,000,000 | 3,215,000,000 | 3,207,000,000 | 3,477,000,000 | 3,364,000,000 | 28,789,000,000 | 27,691,000,000 | 29,588,000,000 | 30,368,000,000 | 30,424,000,000 | 32,970,000,000 | 36,481,000,000 | 40,888,000,000 | 41,403,000,000 | 42,033,000,000 | ||||||||||||||||
premiums and other related payables | 6,476,000,000 | 5,448,000,000 | 6,209,000,000 | 7,693,000,000 | 7,343,000,000 | 6,052,000,000 | 6,715,000,000 | 7,729,000,000 | ||||||||||||||||||||||||||
deposit accounting liabilities | 3,612,000,000 | 3,295,000,000 | 3,332,000,000 | 3,319,000,000 | 3,270,000,000 | 3,005,000,000 | 2,957,000,000 | 2,782,000,000 | ||||||||||||||||||||||||||
commissions and premium taxes payable | 1,494,000,000 | 1,556,000,000 | 1,490,000,000 | 1,838,000,000 | 1,761,000,000 | 1,522,000,000 | 1,520,000,000 | 1,395,000,000 | ||||||||||||||||||||||||||
current and deferred income tax liabilities | 652,000,000 | 661,000,000 | 572,000,000 | 541,000,000 | 481,000,000 | 426,000,000 | 422,000,000 | 375,000,000 | ||||||||||||||||||||||||||
other liabilities | 6,257,000,000 | 6,509,000,000 | 7,112,000,000 | 7,040,000,000 | 6,859,000,000 | 7,503,000,000 | 7,235,000,000 | 7,366,000,000 | 28,624,000,000 | 29,183,000,000 | 27,297,000,000 | 28,336,000,000 | 27,546,000,000 | 26,653,000,000 | 27,059,000,000 | 27,253,000,000 | 28,135,000,000 | 28,093,000,000 | 27,983,000,000 | 27,393,000,000 | 27,423,000,000 | 26,565,000,000 | 23,934,000,000 | 26,024,000,000 | 29,610,000,000 | |||||||||
long-term debt | 9,001,000,000 | 9,035,000,000 | 9,087,000,000 | 9,101,000,000 | 8,596,000,000 | 8,764,000,000 | 9,892,000,000 | 9,861,000,000 | 22,186,000,000 | 23,572,000,000 | 24,582,000,000 | 26,161,000,000 | 29,248,000,000 | 25,268,000,000 | 35,262,000,000 | 36,291,000,000 | 35,776,000,000 | 34,594,000,000 | 33,784,000,000 | 31,039,000,000 | 31,812,000,000 | 30,747,000,000 | 32,277,000,000 | 33,329,000,000 | 31,952,000,000 | 30,719,000,000 | 30,360,000,000 | 31,999,000,000 | 38,414,000,000 | |||||
debt of consolidated investment entities | 155,000,000 | 156,000,000 | 156,000,000 | 157,000,000 | 157,000,000 | 10,032,000,000 | 10,142,000,000 | |||||||||||||||||||||||||||
total liabilities | 121,114,000,000 | 120,092,000,000 | 122,298,000,000 | 124,442,000,000 | 120,405,000,000 | 118,772,000,000 | 124,376,000,000 | 123,415,000,000 | 495,011,000,000 | 478,308,000,000 | 490,647,000,000 | 490,321,000,000 | 481,931,000,000 | 492,114,000,000 | 515,410,000,000 | 529,141,000,000 | 531,342,000,000 | 506,570,000,000 | 448,634,000,000 | 457,677,000,000 | 456,164,000,000 | 450,829,000,000 | 445,683,000,000 | 435,032,000,000 | 430,061,000,000 | 425,438,000,000 | 425,495,000,000 | 425,403,000,000 | 419,812,000,000 | 413,696,000,000 | 402,366,000,000 | 405,345,000,000 | 412,334,000,000 | 420,528,000,000 |
contingencies, commitments and guarantees | ||||||||||||||||||||||||||||||||||
aig shareholders’ equity: | ||||||||||||||||||||||||||||||||||
common stock | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | ||||||||||||||||||||
treasury stock | -71,647,000,000 | -71,199,000,000 | -70,667,000,000 | -69,430,000,000 | -67,662,000,000 | -65,573,000,000 | -63,744,000,000 | -62,255,000,000 | -60,603,000,000 | -58,191,000,000 | -57,408,000,000 | -56,857,000,000 | -55,745,000,000 | -54,480,000,000 | -52,791,000,000 | -50,641,000,000 | -49,634,000,000 | -49,327,000,000 | -49,334,000,000 | -48,989,000,000 | -48,991,000,000 | -48,999,000,000 | -48,401,000,000 | -48,052,000,000 | -47,602,000,000 | -47,329,000,000 | -44,915,000,000 | -38,518,000,000 | -36,262,000,000 | -33,584,000,000 | -26,881,000,000 | -23,165,000,000 | -20,820,000,000 | -16,369,000,000 |
additional paid-in capital | 75,297,000,000 | 75,373,000,000 | 75,334,000,000 | 75,289,000,000 | 75,251,000,000 | 75,348,000,000 | 75,310,000,000 | 75,274,000,000 | 75,625,000,000 | 77,764,000,000 | 77,677,000,000 | 79,562,000,000 | 80,301,000,000 | 81,679,000,000 | 81,620,000,000 | 81,327,000,000 | 81,322,000,000 | 81,294,000,000 | 81,188,000,000 | 81,287,000,000 | 81,211,000,000 | 81,148,000,000 | 81,008,000,000 | 80,924,000,000 | 80,976,000,000 | 80,913,000,000 | 80,846,000,000 | 81,281,000,000 | 81,232,000,000 | 81,415,000,000 | 81,435,000,000 | 81,330,000,000 | 81,303,000,000 | 80,967,000,000 |
retained earnings | 37,704,000,000 | 37,186,000,000 | 36,698,000,000 | 36,424,000,000 | 35,540,000,000 | 35,079,000,000 | 34,429,000,000 | 34,225,000,000 | 38,466,000,000 | 37,689,000,000 | 35,916,000,000 | 34,690,000,000 | 33,009,000,000 | 30,550,000,000 | 27,764,000,000 | 20,320,000,000 | 18,935,000,000 | 15,847,000,000 | 24,062,000,000 | 22,439,000,000 | 22,077,000,000 | 21,259,000,000 | 21,749,000,000 | 23,318,000,000 | 28,389,000,000 | 30,420,000,000 | 29,591,000,000 | 32,077,000,000 | 31,951,000,000 | 30,396,000,000 | 33,122,000,000 | 33,707,000,000 | 32,073,000,000 | 27,286,000,000 |
accumulated other comprehensive loss | -5,715,000,000 | -4,987,000,000 | -5,046,000,000 | -5,548,000,000 | -6,464,000,000 | -7,099,000,000 | -5,722,000,000 | -7,565,000,000 | -14,869,000,000 | -22,529,000,000 | -18,982,000,000 | -19,329,000,000 | ||||||||||||||||||||||
total aig shareholders’ equity | 40,405,000,000 | 41,139,000,000 | 41,085,000,000 | 41,501,000,000 | 41,431,000,000 | 42,521,000,000 | 45,039,000,000 | 44,445,000,000 | 43,385,000,000 | 39,984,000,000 | 42,454,000,000 | 43,317,000,000 | 39,023,000,000 | 45,344,000,000 | 55,944,000,000 | 64,863,000,000 | 66,083,000,000 | 62,234,000,000 | 60,173,000,000 | 65,603,000,000 | 64,539,000,000 | 60,787,000,000 | 58,586,000,000 | 61,186,000,000 | 72,468,000,000 | 73,732,000,000 | 74,069,000,000 | 88,663,000,000 | 89,946,000,000 | 88,518,000,000 | 98,999,000,000 | 104,258,000,000 | 107,979,000,000 | 108,161,000,000 |
non-redeemable noncontrolling interests | 24,000,000 | 23,000,000 | 32,000,000 | 28,000,000 | 28,000,000 | 29,000,000 | 34,000,000 | 30,000,000 | 5,725,000,000 | 3,229,000,000 | 4,037,000,000 | 2,989,000,000 | 1,978,000,000 | 1,480,000,000 | 2,159,000,000 | 796,000,000 | 825,000,000 | 584,000,000 | 1,670,000,000 | 1,842,000,000 | 1,566,000,000 | 1,306,000,000 | 591,000,000 | 611,000,000 | 544,000,000 | 592,000,000 | 598,000,000 | 502,000,000 | 591,000,000 | 563,000,000 | 620,000,000 | 384,000,000 | 388,000,000 | 420,000,000 |
total equity | 40,429,000,000 | 41,162,000,000 | 41,117,000,000 | 41,529,000,000 | 41,459,000,000 | 42,550,000,000 | 45,073,000,000 | 44,475,000,000 | 49,110,000,000 | 43,213,000,000 | 46,491,000,000 | 46,306,000,000 | 41,001,000,000 | 46,824,000,000 | 58,103,000,000 | 65,659,000,000 | 66,908,000,000 | 62,818,000,000 | 61,843,000,000 | 67,445,000,000 | 66,105,000,000 | 62,093,000,000 | 59,177,000,000 | 61,797,000,000 | 73,012,000,000 | 74,324,000,000 | 74,667,000,000 | 89,165,000,000 | 90,537,000,000 | 89,081,000,000 | 99,619,000,000 | 104,642,000,000 | 108,367,000,000 | 108,581,000,000 |
total liabilities and equity | 161,543,000,000 | 161,254,000,000 | 163,415,000,000 | 165,971,000,000 | 161,864,000,000 | 161,322,000,000 | 169,449,000,000 | 167,890,000,000 | 544,121,000,000 | 521,521,000,000 | 537,138,000,000 | 536,627,000,000 | 522,932,000,000 | 538,938,000,000 | 573,513,000,000 | 594,800,000,000 | 598,250,000,000 | 569,388,000,000 | 510,477,000,000 | 525,122,000,000 | 522,269,000,000 | 512,922,000,000 | 504,860,000,000 | 496,829,000,000 | 503,073,000,000 | 499,762,000,000 | 500,162,000,000 | 514,568,000,000 | 510,349,000,000 | 502,777,000,000 | 501,985,000,000 | 509,987,000,000 | 520,701,000,000 | 529,109,000,000 |
bonds available for sale, at fair value, net of allowance for credit losses of 37 in 2025 and 38 in 2024 | 71,032,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 37,747 in 2025 and 37,800 in 2024 | 2,887,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 55 in 2025 and 55 in 2024 | 11,141,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 131 in 2025 and 127 in 2024 | 10,441,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 248 in 2025 and 220 in 2024 | 34,829,000,000 | |||||||||||||||||||||||||||||||||
deposit accounting assets, net of allowance for credit losses of 49 in 2025 and 49 in 2024 | 2,443,000,000 | 2,531,000,000 | 2,461,000,000 | 2,458,000,000 | ||||||||||||||||||||||||||||||
other assets, including restricted cash of 16 in 2025 and 15 in 2024 | 4,773,000,000 | |||||||||||||||||||||||||||||||||
liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of 14 in 2025 and 14 in 2024 | 70,666,000,000 | 69,882,000,000 | 69,754,000,000 | 68,896,000,000 | ||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 43 in 2025 and 38 in 2024 | 71,184,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 37,740 in 2025 and 37,800 in 2024 | 3,314,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 3 in 2025 and 55 in 2024 | 9,417,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 128 in 2025 and 127 in 2024 | 11,264,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 226 in 2025 and 220 in 2024 | 35,600,000,000 | |||||||||||||||||||||||||||||||||
other assets, including restricted cash of 2 in 2025 and 15 in 2024 | 4,602,000,000 | |||||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 45 in 2025 and 38 in 2024 | 68,860,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 37,742 in 2025 and 37,800 in 2024 | 3,520,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 2 in 2025 and 55 in 2024 | 10,102,000,000 | 10,601,000,000 | ||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 130 in 2025 and 127 in 2024 | 13,013,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 227 in 2025 and 220 in 2024 | 35,861,000,000 | |||||||||||||||||||||||||||||||||
other assets, including restricted cash of 14 in 2025 and 15 in 2024 | 4,552,000,000 | |||||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 30 in 2025 and 38 in 2024 | 66,027,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 37,791 in 2025 and 37,800 in 2024 | 3,737,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 129 in 2025 and 127 in 2024 | 11,684,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 230 in 2025 and 220 in 2024 | 35,481,000,000 | |||||||||||||||||||||||||||||||||
other assets, including restricted cash of 13 in 2025 and 15 in 2024 | 4,724,000,000 | |||||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 38 in 2024 and 34 in 2023 (amortized cost: 2024 - 66,195; 2023 - 68,119)* | 64,006,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 37,800 in 2024 and 37,776 in 2023* | 3,868,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 55 in 2024 and 1 in 2023 (portion measured at fair value: 2024 - 9,789; 2023 - 9,363)* | 14,462,000,000 | |||||||||||||||||||||||||||||||||
accrued investment income* | 599,000,000 | 581,000,000 | 563,000,000 | 2,698,000,000 | 2,574,000,000 | 2,506,000,000 | 2,451,000,000 | 2,286,000,000 | 2,232,000,000 | 2,272,000,000 | 2,312,000,000 | 2,288,000,000 | ||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 127 in 2024 and 138 in 2023 | 10,463,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - fortitude re, net of allowance for credit losses and disputes of 0 in 2024 and 0 in 2023 | 3,427,000,000 | 3,529,000,000 | 3,592,000,000 | 29,732,000,000 | ||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 220 in 2024 and 206 in 2023 | 34,618,000,000 | |||||||||||||||||||||||||||||||||
deposit accounting assets, net of allowance for credit losses of 49 in 2024 and 49 in 2023 | 2,171,000,000 | 2,185,000,000 | 2,132,000,000 | |||||||||||||||||||||||||||||||
other assets, including restricted cash of 15 in 2024 and 32 in 2023 (portion measured at fair value: 2024 - 179; 2023 - 374)* | 4,735,000,000 | |||||||||||||||||||||||||||||||||
assets held for sale | 137,000,000 | 185,000,000 | 2,388,000,000 | 14,018,000,000 | 12,695,000,000 | 555,000,000 | 6,588,000,000 | 6,661,000,000 | ||||||||||||||||||||||||||
assets of discontinued operations | ||||||||||||||||||||||||||||||||||
liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of 14 in 2024 and 14 in 2023 | 69,168,000,000 | 71,066,000,000 | 69,783,000,000 | 70,060,000,000 | ||||||||||||||||||||||||||||||
debt of consolidated investment entities* | 158,000,000 | 162,000,000 | 79,000,000 | 2,617,000,000 | 2,717,000,000 | 2,793,000,000 | 3,944,000,000 | 5,924,000,000 | 6,252,000,000 | 6,366,000,000 | 6,968,000,000 | 9,566,000,000 | ||||||||||||||||||||||
liabilities held for sale | 78,000,000 | 153,000,000 | 1,813,000,000 | 10,117,000,000 | 9,595,000,000 | 827,000,000 | 5,771,000,000 | 3,909,000,000 | ||||||||||||||||||||||||||
liabilities of discontinued operations | ||||||||||||||||||||||||||||||||||
series a non-cumulative preferred stock and additional paid in capital, 5.00 par value; 100,000,000 shares authorized; shares issued: 2024 - 0 and 2023 - 20,000; liquidation preference 500 | ||||||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 40 in 2024 and 34 in 2023 (amortized cost: 2024 - 67,364; 2023 - 68,119)* | 65,980,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 37,803 in 2024 and 37,776 in 2023* | 4,286,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 72 in 2024 and 1 in 2023 (portion measured at fair value: 2024 - 8,822; 2023 - 9,363)* | 11,848,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 133 in 2024 and 138 in 2023 | 11,196,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 223 in 2024 and 206 in 2023 | 36,790,000,000 | |||||||||||||||||||||||||||||||||
other assets, including restricted cash of 15 in 2024 and 32 in 2023 (portion measured at fair value: 2024 - 231; 2023 - 374)* | 4,553,000,000 | |||||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 33 in 2024 and 34 in 2023 (amortized cost: 2024 - 65,326; 2023 - 68,119)* | 62,333,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 37,799 in 2024 and 37,776 in 2023* | 4,347,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 3 in 2024 and 1 in 2023 (portion measured at fair value: 2024 - 8,137; 2023 - 9,363)* | 12,563,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 126 in 2024 and 138 in 2023 | 11,669,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 211 in 2024 and 206 in 2023 | 37,068,000,000 | |||||||||||||||||||||||||||||||||
other assets, including restricted cash of 18 in 2024 and 32 in 2023 (portion measured at fair value: 2024 - 189; 2023 - 374)* | 4,717,000,000 | |||||||||||||||||||||||||||||||||
future policy benefits for life and accident and health insurance contracts | 1,355,000,000 | 58,985,000,000 | 51,666,000,000 | 55,690,000,000 | 54,846,000,000 | 57,266,000,000 | 57,676,000,000 | 58,650,000,000 | 57,777,000,000 | 51,771,000,000 | 50,636,000,000 | 49,803,000,000 | 50,747,000,000 | 47,539,000,000 | 46,508,000,000 | 44,374,000,000 | 44,608,000,000 | 44,055,000,000 | 43,252,000,000 | 42,719,000,000 | 47,848,000,000 | 45,982,000,000 | 44,573,000,000 | 42,991,000,000 | 42,787,000,000 | 43,244,000,000 | 42,536,000,000 | |||||||
bonds available for sale, at fair value, net of allowance for credit losses of 125 in 2024 and 162 in 2023 (amortized cost: 2024 - 255,067; 2023 - 253,035)* | 232,487,000,000 | |||||||||||||||||||||||||||||||||
other bond securities, at fair value (see note 6)* | 5,403,000,000 | 4,840,000,000 | 4,941,000,000 | |||||||||||||||||||||||||||||||
equity securities, at fair value (see note 6)* | 797,000,000 | 515,000,000 | 660,000,000 | |||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 38,501 in 2024 and 38,473 in 2023* | 52,475,000,000 | |||||||||||||||||||||||||||||||||
other invested assets (portion measured at fair value: 2024 - 11,510; 2023 - 11,733)* | 15,977,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 4 in 2024 and 4 in 2023 (portion measured at fair value: 2024 - 8,487; 2023 - 10,772)* | 15,077,000,000 | |||||||||||||||||||||||||||||||||
cash* | 1,816,000,000 | 1,994,000,000 | 2,283,000,000 | 1,923,000,000 | 2,294,000,000 | 2,378,000,000 | 2,537,000,000 | 2,699,000,000 | 2,760,000,000 | |||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 134 in 2024 and 139 in 2023 | 11,293,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 224 in 2024 and 236 in 2023 | 38,833,000,000 | |||||||||||||||||||||||||||||||||
deferred income taxes | 14,376,000,000 | 14,612,000,000 | 14,103,000,000 | 14,480,000,000 | 15,250,000,000 | 14,353,000,000 | 13,435,000,000 | 12,385,000,000 | 12,628,000,000 | 13,294,000,000 | 13,975,000,000 | 13,054,000,000 | 13,337,000,000 | 14,545,000,000 | 15,088,000,000 | 14,753,000,000 | 20,954,000,000 | 20,171,000,000 | 20,881,000,000 | 18,412,000,000 | 18,542,000,000 | 20,116,000,000 | 19,511,000,000 | 18,665,000,000 | 18,010,000,000 | 19,912,000,000 | ||||||||
market risk benefit assets, at fair value | 1,172,000,000 | 978,000,000 | 954,000,000 | 830,000,000 | ||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 49 in 2024 and 49 in 2023, including restricted cash of 43 in 2024 and 45 in 2023 (portion measured at fair value: 2024 - 705; 2023 - 754)* | 12,313,000,000 | |||||||||||||||||||||||||||||||||
separate account assets, at fair value | 95,173,000,000 | 84,724,000,000 | 89,718,000,000 | 87,357,000,000 | 81,302,000,000 | 86,735,000,000 | 100,850,000,000 | 105,423,000,000 | 107,306,000,000 | 88,742,000,000 | 78,836,000,000 | 89,125,000,000 | 90,311,000,000 | 88,818,000,000 | 93,045,000,000 | 90,746,000,000 | 89,300,000,000 | 87,090,000,000 | 85,917,000,000 | 82,626,000,000 | 80,572,000,000 | 79,532,000,000 | 77,136,000,000 | 82,135,000,000 | 82,139,000,000 | 75,718,000,000 | ||||||||
policyholder contract deposits | 163,698,000,000 | 159,737,000,000 | 159,572,000,000 | 157,896,000,000 | 157,612,000,000 | 156,557,000,000 | 156,476,000,000 | 156,623,000,000 | 161,112,000,000 | 155,852,000,000 | 154,067,000,000 | 151,964,000,000 | 148,521,000,000 | 145,380,000,000 | 140,491,000,000 | 138,964,000,000 | 134,514,000,000 | 133,295,000,000 | 132,639,000,000 | 132,808,000,000 | 131,936,000,000 | 130,007,000,000 | 126,641,000,000 | 124,480,000,000 | 124,935,000,000 | 123,354,000,000 | ||||||||
market risk benefit liabilities, at fair value | 5,167,000,000 | 4,519,000,000 | 4,977,000,000 | 5,144,000,000 | ||||||||||||||||||||||||||||||
other liabilities (portion measured at fair value: 2024 - 493; 2023 - 624)* | 28,245,000,000 | |||||||||||||||||||||||||||||||||
short-term and long-term debt, of which 250 and 250 is short-term debt in 2024 and 2023 | 19,318,000,000 | |||||||||||||||||||||||||||||||||
separate account liabilities | 95,173,000,000 | 84,724,000,000 | 89,718,000,000 | 87,357,000,000 | 81,302,000,000 | 86,735,000,000 | 100,850,000,000 | 105,423,000,000 | 107,306,000,000 | 88,742,000,000 | 78,836,000,000 | 89,125,000,000 | 90,311,000,000 | 88,818,000,000 | 93,045,000,000 | 90,746,000,000 | 89,300,000,000 | 87,090,000,000 | 85,917,000,000 | 82,626,000,000 | 80,572,000,000 | 79,532,000,000 | 77,136,000,000 | 82,135,000,000 | 82,139,000,000 | 75,718,000,000 | ||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 138 in 2023 and 186 in 2022 (amortized cost: 2023 - 248,691; 2022 - 255,993)* | 214,940,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 38,521 in 2023 and 38,351 in 2022* | 50,922,000,000 | |||||||||||||||||||||||||||||||||
other invested assets (portion measured at fair value: 2023 - 12,014; 2022 - 12,042)* | 16,054,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 4 in 2023 and 140 in 2022 (portion measured at fair value: 2023 - 6,459; 2022 - 5,708)* | 13,048,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 141 in 2023 and 169 in 2022 | 11,388,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - fortitude re, net of allowance for credit losses and disputes of 0 in 2023 and 0 in 2022 | 28,895,000,000 | 30,541,000,000 | 31,149,000,000 | |||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 275 in 2023 and 295 in 2022 | 38,163,000,000 | |||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 49 in 2023 and 49 in 2022, including restricted cash of 36 in 2023 and 33 in 2022 (portion measured at fair value: 2023 - 485; 2022 - 621)* | 11,857,000,000 | |||||||||||||||||||||||||||||||||
liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of 14 in 2023 and 14 in 2022 | 69,823,000,000 | 70,284,000,000 | 75,793,000,000 | |||||||||||||||||||||||||||||||
other liabilities (portion measured at fair value: 2023 - 351; 2022 - 343)* | 24,202,000,000 | |||||||||||||||||||||||||||||||||
short-term and long-term debt, of which 1,000 and 1,500 is short-term debt in 2023 and 2022 | 21,338,000,000 | |||||||||||||||||||||||||||||||||
series a non-cumulative preferred stock and additional paid in capital, 5.00 par value; 100,000,000 shares authorized; shares issued: 2023 - 20,000 and 2022 - 20,000; liquidation preference 500 | 485,000,000 | 485,000,000 | 485,000,000 | |||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 125 in 2023 and 186 in 2022 (amortized cost: 2023 - 249,235; 2022 - 255,993)* | 222,530,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 38,441 in 2023 and 38,351 in 2022* | 51,605,000,000 | |||||||||||||||||||||||||||||||||
other invested assets (portion measured at fair value: 2023 - 12,105; 2022 - 12,042)* | 16,067,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 32 in 2023 and 140 in 2022 (portion measured at fair value: 2023 - 4,278; 2022 - 5,708)* | 10,955,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 160 in 2023 and 169 in 2022 | 12,428,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 271 in 2023 and 295 in 2022 | 39,618,000,000 | |||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 49 in 2023 and 49 in 2022, including restricted cash of 37 in 2023 and 33 in 2022 (portion measured at fair value: 2023 - 521; 2022 - 621)* | 12,832,000,000 | |||||||||||||||||||||||||||||||||
other liabilities (portion measured at fair value: 2023 - 383; 2022 - 343)* | 24,496,000,000 | |||||||||||||||||||||||||||||||||
short-term and long-term debt, of which 1,500 is short-term debt in 2023 and 2022 | 21,352,000,000 | 22,100,000,000 | ||||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 136 in 2023 and 186 in 2022 (amortized cost: 2023 - 254,179; 2022 - 255,993)* | 229,397,000,000 | |||||||||||||||||||||||||||||||||
other bond securities, at fair value (see note 5)* | 4,762,000,000 | 7,131,000,000 | 6,898,000,000 | 6,582,000,000 | 4,651,000,000 | 4,866,000,000 | ||||||||||||||||||||||||||||
equity securities, at fair value (see note 5)* | 591,000,000 | 608,000,000 | 629,000,000 | 695,000,000 | 1,035,000,000 | 1,079,000,000 | ||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 38,421 in 2023 and 38,351 in 2022* | 50,830,000,000 | |||||||||||||||||||||||||||||||||
other invested assets (portion measured at fair value: 2023 - 12,163; 2022 - 12,042)* | 16,104,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 105 in 2023 and 140 in 2022 (portion measured at fair value: 2023 - 6,866; 2022 - 5,708)* | 13,253,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 175 in 2023 and 169 in 2022 | 15,523,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 278 in 2023 and 295 in 2022 | 41,706,000,000 | |||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 49 in 2023 and 49 in 2022, including restricted cash of 30 in 2023 and 33 in 2022 (portion measured at fair value: 2023 - 726; 2022 - 621)* | 12,967,000,000 | |||||||||||||||||||||||||||||||||
other liabilities (portion measured at fair value: 2023 - 367; 2022 - 343)* | 28,595,000,000 | |||||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 115 in 2022 and 98 in 2021 (amortized cost: 2022 - 251,983; 2021 - 259,210)* | 219,767,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 655 in 2022 and 629 in 2021* | 48,124,000,000 | |||||||||||||||||||||||||||||||||
other invested assets (portion measured at fair value: 2022 - 11,839; 2021 - 10,504)* | 15,794,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 133 in 2022 and 197 in 2021 (portion measured at fair value: 2022 - 5,344; 2021 - 4,426)* | 14,663,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 176 in 2022 and 185 in 2021 | 13,476,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - fortitude re, net of allowance for credit losses and disputes of 0 in 2022 and 0 in 2021 | 32,598,000,000 | 32,965,000,000 | 33,276,000,000 | |||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 345 in 2022 and 333 in 2021 | 40,949,000,000 | |||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 49 in 2022 and 49 in 2021, including restricted cash of 69 in 2022 and 32 in 2021 (portion measured at fair value: 2022 - 500; 2021 - 957)* | 12,868,000,000 | |||||||||||||||||||||||||||||||||
liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of 14 in 2022 and 14 in 2021 | 75,519,000,000 | 76,739,000,000 | 78,183,000,000 | |||||||||||||||||||||||||||||||
other liabilities (portion measured at fair value: 2022 - 276; 2021 - 586)* | 25,077,000,000 | |||||||||||||||||||||||||||||||||
short-term and long-term debt, of which 1,502 is short-term debt in 2022 | 24,508,000,000 | |||||||||||||||||||||||||||||||||
series a non-cumulative preferred stock and additional paid in capital, 5.00 par value; 100,000,000 shares authorized; shares issued: 2022 - 20,000 and 2021 - 20,000; liquidation preference 500 | 485,000,000 | 485,000,000 | ||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -23,793,000,000 | -17,656,000,000 | -5,900,000,000 | 8,606,000,000 | 10,209,000,000 | 9,169,000,000 | -994,000,000 | 5,615,000,000 | 4,991,000,000 | 2,128,000,000 | -536,000,000 | 230,000,000 | 5,939,000,000 | 4,962,000,000 | 3,781,000,000 | 9,057,000,000 | 8,259,000,000 | 5,525,000,000 | 6,557,000,000 | 7,620,000,000 | 10,657,000,000 | 11,511,000,000 | ||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 175 in 2022 and 98 in 2021 (amortized cost: 2022 - 252,877; 2021 - 259,210)* | 232,735,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 603 in 2022 and 629 in 2021* | 49,314,000,000 | |||||||||||||||||||||||||||||||||
other invested assets (portion measured at fair value: 2022 - 11,709; 2021 - 10,504)* | 16,040,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 281 in 2022 and 197 in 2021 (portion measured at fair value: 2022 - 3,431; 2021 - 4,426)* | 9,446,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 180 in 2022 and 185 in 2021 | 15,000,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 342 in 2022 and 333 in 2021 | 41,512,000,000 | 42,326,000,000 | ||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 49 in 2022 and 49 in 2021, including restricted cash of 69 in 2022 and 32 in 2021 (portion measured at fair value: 2022 - 464; 2021 - 957)* | 13,863,000,000 | |||||||||||||||||||||||||||||||||
other liabilities (portion measured at fair value: 2022 - 280; 2021 - 586)* | 28,044,000,000 | |||||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 191 in 2022 and 98 in 2021 | ||||||||||||||||||||||||||||||||||
(amortized cost: 2022 - 259,480; 2021 - 259,210)* | 257,219,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 617 in 2022 and 629 in 2021* | 47,470,000,000 | |||||||||||||||||||||||||||||||||
other invested assets (portion measured at fair value: 2022 - 11,687; 2021 - 10,504)* | 16,186,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 152 in 2022 and 197 in 2021 | ||||||||||||||||||||||||||||||||||
(portion measured at fair value: 2022 - 3,430; 2021 - 4,426)* | 9,718,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 184 in 2022 and 185 in 2021 | 14,827,000,000 | |||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 49 in 2022 and 49 in 2021, including restricted cash of 40 in 2022 | ||||||||||||||||||||||||||||||||||
and 32 in 2021 (portion measured at fair value: 2022 - 764; 2021 - 957)* | 13,205,000,000 | |||||||||||||||||||||||||||||||||
other liabilities (portion measured at fair value: 2022 - 396; 2021 - 586)* | 29,300,000,000 | |||||||||||||||||||||||||||||||||
series a non-cumulative preferred stock and additional paid in capital, 5.00 par value; 100,000,000 shares | ||||||||||||||||||||||||||||||||||
authorized; shares issued: 2022 - 20,000 and 2021 - 20,000; liquidation preference 500 | 485,000,000 | |||||||||||||||||||||||||||||||||
2021 - 1,906,671,492 | 4,766,000,000 | |||||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 66 in 2021 and 186 in 2020 | ||||||||||||||||||||||||||||||||||
(amortized cost: 2021 - 254,925; 2020 - 244,337)* | 274,341,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 641 in 2021 and 814 in 2020* | 45,821,000,000 | |||||||||||||||||||||||||||||||||
other invested assets (portion measured at fair value: 2021 - 10,037; 2020 - 8,422)* | 15,977,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 77 in 2021 and 180 in 2020 | ||||||||||||||||||||||||||||||||||
(portion measured at fair value: 2021 - 5,640; 2020 - 5,968)* | 13,771,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 194 in 2021 and 205 in 2020 | 13,593,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - fortitude re, net of allowance for credit losses and disputes of 0 in 2021 and 0 in 2020 | 33,694,000,000 | 34,092,000,000 | ||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 339 in 2021 and 326 in 2020 | 41,062,000,000 | |||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 49 in 2021 and 49 in 2020, including restricted cash of 58 in 2021 | ||||||||||||||||||||||||||||||||||
and 223 in 2020 (portion measured at fair value: 2021 - 998; 2020 - 887)* | 17,429,000,000 | |||||||||||||||||||||||||||||||||
liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of 14 in 2021 and 14 in 2020 | 79,274,000,000 | 78,981,000,000 | ||||||||||||||||||||||||||||||||
other liabilities (portion measured at fair value: 2021 - 703; 2020 - 570)* | 32,819,000,000 | |||||||||||||||||||||||||||||||||
authorized; shares issued: 2021 - 20,000 and 2020 - 20,000; liquidation preference 500 | 485,000,000 | 485,000,000 | ||||||||||||||||||||||||||||||||
2020 - 1,906,671,492 | 4,766,000,000 | 4,766,000,000 | ||||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 97 in 2021 and 186 in 2020 | ||||||||||||||||||||||||||||||||||
(amortized cost: 2021 - 251,620; 2020 - 244,337)* | 273,070,000,000 | |||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 701 in 2021 and 814 in 2020* | 45,216,000,000 | |||||||||||||||||||||||||||||||||
other invested assets (portion measured at fair value: 2021 - 9,580; 2020 - 8,422)* | 20,139,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 59 in 2021 and 180 in 2020 | ||||||||||||||||||||||||||||||||||
(portion measured at fair value: 2021 - 5,523; 2020 - 5,968)* | 15,169,000,000 | |||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 198 in 2021 and 205 in 2020 | 14,303,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 325 in 2021 and 326 in 2020 | 41,344,000,000 | |||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 49 in 2021 and 49 in 2020, including restricted cash of 242 in 2021 | ||||||||||||||||||||||||||||||||||
and 223 in 2020 (portion measured at fair value: 2021 - 1,145; 2020 - 887)* | 13,267,000,000 | |||||||||||||||||||||||||||||||||
other liabilities (portion measured at fair value: 2021 - 741; 2020 - 570)* | 30,039,000,000 | |||||||||||||||||||||||||||||||||
bonds available for sale, at fair value, net of allowance for credit losses of 198 in 2020 | ||||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 794 in 2020 and 438 in 2019 | 46,522,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 197 in 2020 and 188 in 2019 | ||||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 212 in 2020 and 178 in 2019 | 12,829,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - fortitude re, net of allowance for credit losses and disputes of 0 in 2020 | 34,556,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets - other, net of allowance for credit losses and disputes of 312 in 2020 and 151 in 2019 | 40,656,000,000 | |||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 52 in 2020, including restricted cash of 247 in 2020 and 243 in 2019 | ||||||||||||||||||||||||||||||||||
liability for unpaid losses and loss adjustment expenses, net of allowance for credit losses of 14 in 2020 | 77,853,000,000 | 77,747,000,000 | ||||||||||||||||||||||||||||||||
authorized; shares issued: 2020 - 20,000 and 2019 - 20,000; liquidation preference 500 | 485,000,000 | 485,000,000 | ||||||||||||||||||||||||||||||||
2019 - 1,906,671,492 | 4,766,000,000 | 4,766,000,000 | ||||||||||||||||||||||||||||||||
see accompanying notes to condensed consolidated financial statements. | ||||||||||||||||||||||||||||||||||
bonds available for sale, at fair value | 253,221,000,000 | 245,561,000,000 | 238,201,000,000 | 232,720,000,000 | 228,673,000,000 | 237,771,000,000 | 235,289,000,000 | 230,698,000,000 | 260,649,000,000 | 262,089,000,000 | 253,785,000,000 | 252,954,000,000 | 255,066,000,000 | 260,822,000,000 | 266,304,000,000 | |||||||||||||||||||
mortgage and other loans receivable, net of allowance for credit losses of 787 in 2020 and 438 in 2019 | 46,844,000,000 | |||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 324 in 2020 and 188 in 2019 | ||||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance for credit losses and disputes of 210 in 2020 and 178 in 2019 | 12,072,000,000 | |||||||||||||||||||||||||||||||||
reinsurance assets, net of allowance for credit losses and disputes of 310 in 2020 and 151 in 2019 | 39,927,000,000 | |||||||||||||||||||||||||||||||||
other assets, net of allowance for credit losses of 52 in 2020, including restricted cash of 257 in 2020 and 243 in 2019 | ||||||||||||||||||||||||||||||||||
mortgage and other loans receivable, net of allowance | 45,075,000,000 | 43,556,000,000 | 43,834,000,000 | 41,878,000,000 | 39,978,000,000 | 36,089,000,000 | 34,642,000,000 | 33,878,000,000 | 32,413,000,000 | 31,261,000,000 | 30,676,000,000 | 28,236,000,000 | 27,143,000,000 | 25,313,000,000 | 22,937,000,000 | |||||||||||||||||||
short-term investments, including restricted cash of 64 in 2019 and 142 in 2018 | ||||||||||||||||||||||||||||||||||
premiums and other receivables, net of allowance | 11,786,000,000 | 12,614,000,000 | 12,655,000,000 | 12,238,000,000 | 10,860,000,000 | 11,156,000,000 | 10,921,000,000 | 11,130,000,000 | 11,606,000,000 | 12,078,000,000 | 12,414,000,000 | 12,078,000,000 | 13,258,000,000 | 13,450,000,000 | 14,077,000,000 | |||||||||||||||||||
reinsurance assets, net of allowance | 39,483,000,000 | 40,520,000,000 | 40,558,000,000 | 37,178,000,000 | 34,497,000,000 | 34,429,000,000 | 34,510,000,000 | 34,140,000,000 | 21,706,000,000 | 21,441,000,000 | 21,332,000,000 | 20,542,000,000 | 21,361,000,000 | 22,208,000,000 | 24,631,000,000 | |||||||||||||||||||
other assets, including restricted cash of 345 in 2019 and 343 in 2018 | ||||||||||||||||||||||||||||||||||
liability for unpaid losses and loss adjustment expenses | 79,883,000,000 | 81,057,000,000 | 82,496,000,000 | 81,959,000,000 | 76,713,000,000 | 80,087,000,000 | 76,422,000,000 | 76,050,000,000 | 72,487,000,000 | 74,143,000,000 | 73,946,000,000 | 71,436,000,000 | 72,939,000,000 | 74,490,000,000 | ||||||||||||||||||||
authorized; shares issued: 2019 - 20,000 and 2018 - 0; liquidation preference 500 | 485,000,000 | 485,000,000 | 485,000,000 | |||||||||||||||||||||||||||||||
2018 - 1,906,671,492 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | |||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 18 in 2019 and 142 in 2018 | ||||||||||||||||||||||||||||||||||
other assets, including restricted cash of 232 in 2019 and 343 in 2018 | ||||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 251 in 2019 and 142 in 2018 | ||||||||||||||||||||||||||||||||||
other assets, including restricted cash of 363 in 2019 and 343 in 2018 | ||||||||||||||||||||||||||||||||||
equity securities: | ||||||||||||||||||||||||||||||||||
common and preferred stock available for sale, at fair value | 1,707,000,000 | 1,605,000,000 | 2,099,000,000 | 1,544,000,000 | 1,642,000,000 | 2,770,000,000 | 3,792,000,000 | 4,755,000,000 | 3,766,000,000 | 4,048,000,000 | ||||||||||||||||||||||||
other common and preferred stock, at fair value | 1,443,000,000 | 1,675,000,000 | 538,000,000 | 506,000,000 | 500,000,000 | 498,000,000 | 661,000,000 | 877,000,000 | 1,066,000,000 | 1,323,000,000 | 1,100,000,000 | 724,000,000 | ||||||||||||||||||||||
short-term investments, including restricted cash of 2018 - 28; 2017 - 58 | ||||||||||||||||||||||||||||||||||
other assets, including restricted cash of 354 in 2018 and 317 in 2017 | ||||||||||||||||||||||||||||||||||
2017 - 1,906,671,492 | 4,766,000,000 | 4,766,000,000 | ||||||||||||||||||||||||||||||||
short-term investments, including restricted cash of 2018 - 18; 2017 - 58 | ||||||||||||||||||||||||||||||||||
other assets, including restricted cash of 227 in 2018 and 317 in 2017 | ||||||||||||||||||||||||||||||||||
short-term investments | 9,775,000,000 | 12,094,000,000 | 11,073,000,000 | 10,745,000,000 | 12,334,000,000 | 10,914,000,000 | 12,408,000,000 | 13,865,000,000 | 11,961,000,000 | 20,888,000,000 | ||||||||||||||||||||||||
other assets, including restricted cash of 219 in 2017 and 193 in 2016 | ||||||||||||||||||||||||||||||||||
2016 - 1,906,671,492 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | |||||||||||||||||||||||||||||||
other assets, including restricted cash of 234 in 2017 and 193 in 2016 | ||||||||||||||||||||||||||||||||||
other assets, including restricted cash of 213 in 2017 and 193 in 2016 | ||||||||||||||||||||||||||||||||||
other assets, including restricted cash of 196 in 2016 and 170 in 2015 | ||||||||||||||||||||||||||||||||||
2015 - 1,906,671,492 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | |||||||||||||||||||||||||||||||
other assets, including restricted cash of 191 in 2016 and 170 in 2015 | 12,188,000,000 | |||||||||||||||||||||||||||||||||
other assets, including restricted cash of 181 in 2016 and 170 in 2015 | 11,581,000,000 | |||||||||||||||||||||||||||||||||
other assets, including restricted cash of 247 in 2015 and 2,025 in 2014 | 11,515,000,000 | |||||||||||||||||||||||||||||||||
2014 - 1,906,671,492 | 4,766,000,000 | 4,766,000,000 | 4,766,000,000 | |||||||||||||||||||||||||||||||
derivative assets, at fair value | 1,256,000,000 | 1,621,000,000 | 1,617,000,000 | |||||||||||||||||||||||||||||||
other assets, including restricted cash of 461 in 2015 and 2,025 in 2014 | 9,894,000,000 | |||||||||||||||||||||||||||||||||
derivative liabilities, at fair value | 1,546,000,000 | 2,651,000,000 | 2,416,000,000 | |||||||||||||||||||||||||||||||
other assets, including restricted cash of 2,072 in 2015 and 2,025 in 2014 | 12,203,000,000 | |||||||||||||||||||||||||||||||||
other assets, including restricted cash of 1,206 in 2014 and 865 in 2013 (portion measured at fair value: | ||||||||||||||||||||||||||||||||||
2014 - 0; 2013 - 418) | 9,399,000,000 | |||||||||||||||||||||||||||||||||
assets held-for-sale | ||||||||||||||||||||||||||||||||||
liability for unpaid claims and claims adjustment expense | 79,977,000,000 | |||||||||||||||||||||||||||||||||
liabilities held-for-sale | ||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests | ||||||||||||||||||||||||||||||||||
2013 - 1,906,645,689 | 4,766,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2020-06-30 | 2020-03-31 | 2019-09-30 | 2017-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||
net income | 763,000,000 | 731,000,000 | 524,000,000 | 1,144,000,000 | 698,000,000 | 901,000,000 | 457,000,000 | -3,884,000,000 | 1,600,000,000 | 2,747,000,000 | 1,691,000,000 | -87,000,000 | 3,041,000,000 | 3,392,000,000 | 4,656,000,000 | 1,737,000,000 | -7,766,000,000 | 1,654,000,000 | 973,000,000 | 1,211,000,000 |
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||
noncash revenues, expenses, gains and losses included in income: | ||||||||||||||||||||
net losses on sales of securities available for sale and other assets | 121,000,000 | 167,000,000 | 86,000,000 | 193,000,000 | 260,000,000 | 505,000,000 | ||||||||||||||
net loss on divestitures and other | 127,000,000 | -3,000,000 | ||||||||||||||||||
unrealized losses in earnings - net | 249,000,000 | -567,000,000 | ||||||||||||||||||
equity in income from equity method investments, net of dividends or distributions | -3,000,000 | 3,000,000 | -12,000,000 | -17,000,000 | ||||||||||||||||
depreciation and other amortization | 849,000,000 | 875,000,000 | 831,000,000 | 883,000,000 | 866,000,000 | 990,000,000 | 856,000,000 | 838,000,000 | 913,000,000 | 971,000,000 | 1,088,000,000 | 1,186,000,000 | 1,220,000,000 | 1,251,000,000 | 1,447,000,000 | 1,220,000,000 | 682,000,000 | 1,878,000,000 | 1,176,000,000 | 1,012,000,000 |
impairments of assets | 4,000,000 | 36,000,000 | 3,000,000 | -2,000,000 | 0 | 26,000,000 | 23,000,000 | 1,000,000 | 11,000,000 | 11,000,000 | -6,000,000 | 41,000,000 | 25,000,000 | 70,000,000 | 173,000,000 | |||||
changes in operating assets and liabilities: | ||||||||||||||||||||
insurance reserves | 553,000,000 | -447,000,000 | -214,000,000 | 1,073,000,000 | -319,000,000 | -1,523,000,000 | -218,000,000 | 730,000,000 | 1,352,000,000 | -665,000,000 | 558,000,000 | 3,015,000,000 | 318,000,000 | -332,000,000 | 1,734,000,000 | 940,000,000 | 206,000,000 | 1,651,000,000 | -1,089,000,000 | 401,000,000 |
premiums and other receivables and payables - net | -282,000,000 | -236,000,000 | -119,000,000 | -1,205,000,000 | 392,000,000 | -32,000,000 | 5,000,000 | -573,000,000 | 29,000,000 | -666,000,000 | -1,581,000,000 | 641,000,000 | -1,268,000,000 | -3,482,000,000 | -4,164,000,000 | -6,000,000 | 1,840,000,000 | -62,000,000 | -64,000,000 | -189,000,000 |
reinsurance assets | -1,032,000,000 | 773,000,000 | 326,000,000 | -61,000,000 | -537,000,000 | 1,926,000,000 | 549,000,000 | -38,000,000 | -1,710,000,000 | 1,233,000,000 | 327,000,000 | -2,561,000,000 | 180,000,000 | 1,243,000,000 | -1,223,000,000 | |||||
capitalization of deferred policy acquisition costs | -895,000,000 | -862,000,000 | -888,000,000 | -927,000,000 | -761,000,000 | -854,000,000 | -862,000,000 | -582,000,000 | -1,221,000,000 | -1,236,000,000 | -1,335,000,000 | -1,689,000,000 | -1,161,000,000 | -1,157,000,000 | -1,386,000,000 | -1,170,000,000 | -845,000,000 | -1,379,000,000 | -1,338,000,000 | -1,201,000,000 |
current and deferred income taxes - net | 128,000,000 | -265,000,000 | 216,000,000 | 336,000,000 | 165,000,000 | 473,000,000 | 58,000,000 | -430,000,000 | 367,000,000 | 719,000,000 | -139,000,000 | -200,000,000 | 582,000,000 | 719,000,000 | 1,123,000,000 | 298,000,000 | -2,574,000,000 | 842,000,000 | 234,000,000 | 446,000,000 |
other | -430,000,000 | -238,000,000 | 56,000,000 | 482,000,000 | -497,000,000 | -1,237,000,000 | 617,000,000 | 1,625,000,000 | -808,000,000 | 811,000,000 | -281,000,000 | -463,000,000 | -39,000,000 | -625,000,000 | -158,000,000 | 410,000,000 | -991,000,000 | -78,000,000 | 327,000,000 | 383,000,000 |
total adjustments | -608,000,000 | -95,000,000 | 819,000,000 | 247,000,000 | -754,000,000 | -822,000,000 | 1,218,000,000 | 1,362,000,000 | -1,081,000,000 | 763,000,000 | -1,077,000,000 | 584,000,000 | 346,000,000 | -2,819,000,000 | -4,599,000,000 | 1,217,000,000 | 9,104,000,000 | -1,668,000,000 | -490,000,000 | -11,570,000,000 |
net cash from operating activities | 155,000,000 | 636,000,000 | 1,343,000,000 | 1,391,000,000 | -56,000,000 | 125,000,000 | 1,699,000,000 | 930,000,000 | 519,000,000 | 3,510,000,000 | 614,000,000 | 497,000,000 | 3,387,000,000 | 574,000,000 | 57,000,000 | 2,954,000,000 | 1,339,000,000 | -14,000,000 | 483,000,000 | -10,359,000,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 155,000,000 | 636,000,000 | 1,343,000,000 | 1,391,000,000 | -56,000,000 | 125,000,000 | 1,699,000,000 | 930,000,000 | 519,000,000 | 3,510,000,000 | 614,000,000 | 497,000,000 | 3,387,000,000 | 574,000,000 | 57,000,000 | 2,954,000,000 | 1,339,000,000 | -14,000,000 | 483,000,000 | -10,359,000,000 |
cash flows from investing activities: | ||||||||||||||||||||
proceeds from | ||||||||||||||||||||
sales or distributions of: | ||||||||||||||||||||
available for sale securities | 3,781,000,000 | 2,545,000,000 | 2,479,000,000 | 2,625,000,000 | 4,762,000,000 | 6,740,000,000 | 2,175,000,000 | -447,000,000 | 5,595,000,000 | 2,991,000,000 | 5,804,000,000 | 10,676,000,000 | 2,636,000,000 | 8,563,000,000 | 6,097,000,000 | 6,652,000,000 | 6,818,000,000 | 7,040,000,000 | 4,733,000,000 | 15,307,000,000 |
other securities | 115,000,000 | 418,000,000 | 42,000,000 | 68,000,000 | 18,000,000 | 71,000,000 | 80,000,000 | -95,000,000 | 207,000,000 | 467,000,000 | 314,000,000 | 313,000,000 | 519,000,000 | 358,000,000 | 411,000,000 | 238,000,000 | 460,000,000 | 1,577,000,000 | 2,621,000,000 | 888,000,000 |
other invested assets | 1,194,000,000 | 1,715,000,000 | 1,029,000,000 | 1,026,000,000 | 316,000,000 | 5,290,000,000 | 535,000,000 | 202,000,000 | 561,000,000 | 624,000,000 | 557,000,000 | 413,000,000 | 674,000,000 | 770,000,000 | 795,000,000 | 1,491,000,000 | 687,000,000 | 1,447,000,000 | 1,414,000,000 | 1,826,000,000 |
maturities of fixed maturity securities available for sale | 2,881,000,000 | 2,537,000,000 | 2,267,000,000 | 2,041,000,000 | 2,060,000,000 | 2,336,000,000 | 1,949,000,000 | -19,000,000 | 4,957,000,000 | 3,866,000,000 | 4,309,000,000 | 4,130,000,000 | 4,286,000,000 | 4,742,000,000 | 5,674,000,000 | 8,675,000,000 | 5,993,000,000 | 6,768,000,000 | 6,277,000,000 | 7,145,000,000 |
principal payments received on and sales of mortgage and other loans receivable | 119,000,000 | 424,000,000 | 220,000,000 | 406,000,000 | 254,000,000 | 524,000,000 | 217,000,000 | -829,000,000 | 1,095,000,000 | 1,491,000,000 | 2,071,000,000 | 957,000,000 | 2,522,000,000 | 1,621,000,000 | 1,921,000,000 | 1,569,000,000 | 1,345,000,000 | 1,014,000,000 | 1,759,000,000 | 1,543,000,000 |
purchases of: | ||||||||||||||||||||
mortgage and other loans receivable | -70,000,000 | -16,000,000 | -43,000,000 | -127,000,000 | -75,000,000 | -176,000,000 | -55,000,000 | 2,000,000,000 | -2,239,000,000 | -1,978,000,000 | -2,937,000,000 | -2,009,000,000 | -2,232,000,000 | -4,077,000,000 | -3,515,000,000 | -2,437,000,000 | -920,000,000 | -1,733,000,000 | -3,593,000,000 | -2,181,000,000 |
net change in short-term investments | 2,947,000,000 | -1,665,000,000 | 701,000,000 | 572,000,000 | 3,877,000,000 | -2,862,000,000 | 1,001,000,000 | -1,812,000,000 | 2,135,000,000 | -3,552,000,000 | 1,895,000,000 | -1,152,000,000 | -5,386,000,000 | 142,000,000 | 3,645,000,000 | 1,504,000,000 | -1,834,000,000 | -6,023,000,000 | 251,000,000 | 1,250,000,000 |
net cash from investing activities | 833,000,000 | -69,000,000 | -56,000,000 | 564,000,000 | 2,751,000,000 | 2,653,000,000 | 315,000,000 | -1,604,000,000 | 308,000,000 | -3,431,000,000 | 833,000,000 | -1,474,000,000 | -4,799,000,000 | 1,681,000,000 | 853,000,000 | -1,279,000,000 | -2,270,000,000 | -633,000,000 | -646,000,000 | 14,487,000,000 |
cash flows from financing activities: | ||||||||||||||||||||
repayments of long-term debt | -7,000,000 | -12,000,000 | 0 | -840,000,000 | -247,000,000 | -1,537,000,000 | -46,000,000 | -3,000,000 | -461,000,000 | -224,000,000 | -450,000,000 | -1,000,000 | -49,000,000 | -7,593,000,000 | -7,000,000 | -1,612,000,000 | -1,511,000,000 | -602,000,000 | ||
repayments of debt of consolidated investment entities | -1,000,000 | 0 | -1,000,000 | 0 | -121,000,000 | -120,000,000 | -159,000,000 | -127,000,000 | -171,000,000 | -204,000,000 | -737,000,000 | -650,000,000 | ||||||||
purchase of common stock | -508,000,000 | -584,000,000 | -1,245,000,000 | -1,778,000,000 | -2,229,000,000 | -1,822,000,000 | -1,505,000,000 | -1,685,000,000 | -1,640,000,000 | -810,000,000 | -540,000,000 | -577,000,000 | -1,293,000,000 | -1,711,000,000 | -1,394,000,000 | -1,059,000,000 | 0 | -500,000,000 | -3,585,000,000 | |
dividends on common stock | -241,000,000 | -242,000,000 | -246,000,000 | -254,000,000 | -234,000,000 | -244,000,000 | -254,000,000 | -261,000,000 | -243,000,000 | |||||||||||
net cash from financing activities | -799,000,000 | -799,000,000 | -1,532,000,000 | -1,535,000,000 | -2,677,000,000 | -3,004,000,000 | -1,911,000,000 | 993,000,000 | -1,141,000,000 | -124,000,000 | -932,000,000 | 817,000,000 | 1,222,000,000 | -2,198,000,000 | -595,000,000 | -1,460,000,000 | 1,480,000,000 | 660,000,000 | 737,000,000 | -4,048,000,000 |
effect of exchange rate changes on cash and restricted cash | -6,000,000 | -17,000,000 | -2,000,000 | 13,000,000 | 18,000,000 | -46,000,000 | 29,000,000 | -37,000,000 | -29,000,000 | -55,000,000 | 16,000,000 | 2,000,000 | -42,000,000 | -59,000,000 | -13,000,000 | -6,000,000 | -7,000,000 | 10,000,000 | 11,000,000 | |
net increase in cash and restricted cash | 183,000,000 | -247,000,000 | 433,000,000 | 36,000,000 | 132,000,000 | -100,000,000 | 531,000,000 | -158,000,000 | -232,000,000 | -1,000,000 | 302,000,000 | 209,000,000 | 542,000,000 | 23,000,000 | ||||||
cash and restricted cash at beginning of year | 1,345,000,000 | 0 | 0 | 0 | 1,372,000,000 | 0 | 0 | -631,000,000 | 2,204,000,000 | 0 | 0 | 2,216,000,000 | 0 | 0 | 2,427,000,000 | 0 | 0 | 3,287,000,000 | 0 | |
cash and restricted cash at end of period | 1,528,000,000 | -247,000,000 | 433,000,000 | 1,408,000,000 | 157,000,000 | -461,000,000 | 1,863,000,000 | -318,000,000 | 294,000,000 | 2,058,000,000 | -232,000,000 | -1,000,000 | 2,729,000,000 | -227,000,000 | 533,000,000 | 3,319,000,000 | 585,000,000 | |||
loss from discontinued operations | 46,000,000 | |||||||||||||||||||
loss on extinguishment of debt | 0 | 0 | 13,000,000 | 0 | ||||||||||||||||
net cash from operating activities - continuing operations | 636,000,000 | 1,343,000,000 | 1,391,000,000 | -56,000,000 | 125,000,000 | 1,699,000,000 | ||||||||||||||
net cash from operating activities - discontinued operations | 0 | 0 | ||||||||||||||||||
divestitures | 581,000,000 | 234,000,000 | 3,000,000 | 32,000,000 | ||||||||||||||||
net cash from investing activities - continuing operations | -69,000,000 | -56,000,000 | 564,000,000 | 2,751,000,000 | 2,653,000,000 | 315,000,000 | ||||||||||||||
net cash from investing activities - discontinued operations | 0 | 0 | ||||||||||||||||||
issuance of long-term debt | 0 | 0 | 660,000,000 | 0 | 496,000,000 | -1,000,000 | 743,000,000 | 997,000,000 | 6,465,000,000 | 11,000,000 | 25,000,000 | 365,000,000 | 151,000,000 | |||||||
redemption of preferred stock | 0 | 0 | 0 | -485,000,000 | ||||||||||||||||
dividends on preferred stock and preferred stock redemption premiums | 0 | 0 | 0 | -22,000,000 | ||||||||||||||||
net cash from financing activities - continuing operations | -799,000,000 | -1,532,000,000 | -1,535,000,000 | -2,677,000,000 | -2,475,000,000 | -1,911,000,000 | ||||||||||||||
net cash from financing activities - discontinued operations | -529,000,000 | 0 | ||||||||||||||||||
net decrease in cash and restricted cash | -343,000,000 | |||||||||||||||||||
cash and restricted cash of held for sale assets | 25,000,000 | -112,000,000 | 2,000,000 | -218,000,000 | ||||||||||||||||
cash and restricted cash at end of year | ||||||||||||||||||||
net gain on divestitures and other | 0 | -101,000,000 | ||||||||||||||||||
unrealized gains in earnings - net | 268,000,000 | -488,000,000 | -317,000,000 | -112,000,000 | 500,000,000 | -1,232,000,000 | -2,006,000,000 | -28,000,000 | ||||||||||||
equity in loss from equity method investments, net of dividends or distributions | ||||||||||||||||||||
income from discontinued operations | 0 | |||||||||||||||||||
issuance of debt of consolidated investment entities | 57,000,000 | 57,000,000 | 112,000,000 | 36,000,000 | 41,000,000 | 111,000,000 | 697,000,000 | 916,000,000 | ||||||||||||
(income) income from discontinued operations | ||||||||||||||||||||
noncash revenues, expenses, gains and losses included in income | ||||||||||||||||||||
net incomees on sales of securities available for sale and other assets | -193,000,000 | 452,000,000 | 88,000,000 | 336,000,000 | 450,000,000 | |||||||||||||||
net (gain) loss on divestitures and other | -96,000,000 | -6,000,000 | 2,000,000 | |||||||||||||||||
(gain) loss on extinguishment of debt | ||||||||||||||||||||
equity in (income) income from equity method investments, net of dividends or distributions | -59,000,000 | 13,000,000 | -6,000,000 | -91,000,000 | 65,000,000 | 167,000,000 | -119,000,000 | |||||||||||||
aig | second quarter 2024 form 10-q | ||||||||||||||||||||
unrealized (gains) losses in earnings - net | 403,000,000 | 264,000,000 | -2,549,000,000 | -226,000,000 | ||||||||||||||||
change in the fair value of market risk benefits in earnings | -891,000,000 | -693,000,000 | -679,000,000 | 316,000,000 | ||||||||||||||||
policyholder contract deposits | 8,504,000,000 | 8,630,000,000 | 7,694,000,000 | 8,226,000,000 | 7,322,000,000 | 6,065,000,000 | 6,392,000,000 | 6,350,000,000 | 3,431,000,000 | 4,979,000,000 | 5,823,000,000 | 4,002,000,000 | ||||||||
policyholder contract withdrawals | -7,150,000,000 | -7,608,000,000 | -6,333,000,000 | -6,468,000,000 | -5,269,000,000 | -4,665,000,000 | -4,802,000,000 | -4,994,000,000 | -4,230,000,000 | -4,337,000,000 | -4,112,000,000 | -3,682,000,000 | ||||||||
6 | ||||||||||||||||||||
repayments of delayed draw term loan agreement | ||||||||||||||||||||
borrowings under delayed draw term loan agreement | ||||||||||||||||||||
dividends paid on preferred stock | -7,000,000 | -8,000,000 | -7,000,000 | -7,000,000 | -8,000,000 | -7,000,000 | -7,000,000 | -8,000,000 | -7,000,000 | -8,000,000 | ||||||||||
dividends paid on common stock | -254,000,000 | -260,000,000 | -234,000,000 | -240,000,000 | -248,000,000 | -258,000,000 | -269,000,000 | -275,000,000 | -276,000,000 | -278,000,000 | ||||||||||
aig | third quarter 2023 form 10-q | ||||||||||||||||||||
aig | second quarter 2023 form 10-q | ||||||||||||||||||||
net (gains) losses on sales of securities available for sale and other assets | 165,000,000 | -112,000,000 | ||||||||||||||||||
net gain on divestitures | -6,000,000 | 1,000,000 | -40,000,000 | |||||||||||||||||
change in cash of held for sale assets | ||||||||||||||||||||
aig | third quarter 2022 form 10-q | ||||||||||||||||||||
gains on extinguishment of debt | ||||||||||||||||||||
cash | 2,537,000,000 | -61,000,000 | 670,000,000 | 2,738,000,000 | 426,000,000 | |||||||||||||||
restricted cash included in short-term investments* | 152,000,000 | 18,000,000 | -127,000,000 | 324,000,000 | 46,000,000 | |||||||||||||||
restricted cash included in other assets* | 40,000,000 | -184,000,000 | -10,000,000 | 257,000,000 | 113,000,000 | |||||||||||||||
total cash and restricted cash shown in the condensed consolidated statements of cash flows | 2,729,000,000 | -227,000,000 | 533,000,000 | 3,319,000,000 | 585,000,000 | |||||||||||||||
net gains on sales of securities available for sale and other assets | -562,000,000 | -265,000,000 | -459,000,000 | |||||||||||||||||
net (gains) losses on divestitures | ||||||||||||||||||||
losses on extinguishment of debt | 51,000,000 | 0 | ||||||||||||||||||
reinsurance assets and funds held under reinsurance contracts | 189,000,000 | |||||||||||||||||||
net (gains) losses on sale or disposal of divested businesses | ||||||||||||||||||||
divested businesses | 24,000,000 | |||||||||||||||||||
net gain on sales of securities available for sale and other assets | ||||||||||||||||||||
net (gain) loss on sale or disposal of divested businesses | 8,412,000,000 | 216,000,000 | ||||||||||||||||||
issuance of long-term debt and debt of consolidated investment entities | 4,836,000,000 | 673,000,000 | ||||||||||||||||||
repayments of long-term debt and debt of consolidated investment entities | -993,000,000 | -884,000,000 | ||||||||||||||||||
issuance of preferred stock, net of issuance costs | ||||||||||||||||||||
(gains) losses on extinguishment of debt | 17,000,000 | |||||||||||||||||||
reinsurance assets and funds held under reinsurance treaties | -2,131,000,000 | 1,134,000,000 | -12,237,000,000 | |||||||||||||||||
borrowings under syndicated credit facility | 1,300,000,000 | |||||||||||||||||||
change in cash of businesses held for sale | 9,000,000 | 52,000,000 | ||||||||||||||||||
net (gain) loss on sale of divested businesses | ||||||||||||||||||||
acquisition of businesses, net of cash and restricted cash acquired | ||||||||||||||||||||
issuance of preferred stock | 0 | |||||||||||||||||||
net gain on sale of divested businesses | ||||||||||||||||||||
net change in restricted cash | -22,000,000 | |||||||||||||||||||
dividends paid | -307,000,000 | |||||||||||||||||||
effect of exchange rate changes on cash | -82,000,000 | |||||||||||||||||||
net increase in cash | ||||||||||||||||||||
cash at beginning of year | 1,868,000,000 | |||||||||||||||||||
cash at end of period | 1,918,000,000 | |||||||||||||||||||
supplementary disclosure of condensed consolidated cash flow information | ||||||||||||||||||||
cash paid during the period for: | ||||||||||||||||||||
interest | 354,000,000 | |||||||||||||||||||
taxes | 68,000,000 | |||||||||||||||||||
non-cash investing/financing activities: | ||||||||||||||||||||
interest credited to policyholder contract deposits included in financing activities | 824,000,000 | |||||||||||||||||||
see accompanying notes to condensed consolidated financial statements. | ||||||||||||||||||||
net income on sale of divested businesses | 100,000,000 | |||||||||||||||||||
net decrease in cash |
