AIG Posts Strong Q2 2026 Results with 10% YoY Earnings Growth — American International Group, Inc. (AIG)

Event summary

AIG reported adjusted after-tax income per diluted share of $2.00, up 10% YoY.
Net premiums written grew 9% YoY on a constant dollar basis, or 11% excluding North America Property.
General Insurance underwriting income was $686 million with a calendar year combined ratio of 89.0%.
AIG returned $904 million to shareholders through stock repurchases and dividends.
Book value per share increased by 4% YoY to $77.39 as of June 30, 2026.

The big picture

AIG's strong Q2 2026 results highlight the benefits of its diversified global portfolio and strategic transactions. The company's ability to deliver underwriting profitability in a selective market underscores its competitive advantages. As AIG continues to leverage its global scale and technical expertise, it aims to drive sustainable, profitable growth while meeting its 2025 Investor Day financial objectives.

What we're watching

Underwriting Strategy: How AIG's focus on targeted growth in high-performing segments will impact profitability amid a selective market environment.
Market Conditions: Whether AIG can sustain its underwriting income and combined ratio improvements in the face of broader positive pricing transitions.
Shareholder Value: The pace at which AIG continues to return capital to shareholders through repurchases and dividends.