Friday 6 November 2026 Export AIG’s income statement to Excel — free account

American International Group, Inc.

American International Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $26.8 billion, down 1.75% from fiscal 2024.

Revenue: +17.2%
EPS: +71.3%
Free cash flow: +100.4%
Total debt: +14.9%

Quarter to September 2026, against a year earlier

79.18 1.75 −2.16%

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Market cap: $42.3B
P/E: 13.1×
Fwd P/E: 11.5×
Dividend yield: 2.35%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

American International Group, Inc. (AIG) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by regions, and margins
International	14,076	52.57%
North America	12,699	47.43%
Gross margin		28.24%
Operating margin		14.17%
Pre-tax margin		14.49%

Revenue by segment $m

Line	FY2021	FY2020	FY2019	FY2018	FY2015	FY2014
General Insurance	28,361 54.38%	26,587 60.79%	29,882 60.07%	30,348 64.04%	—	—
Life And Retirement	19,574 37.53%	17,275 39.50%	16,356 32.88%	14,680 30.98%	—	—
Corporate and Other	—	—	2,672 5.37%	2,866 6.05%	4,650 7.97%	3,596 5.58%
Consumer Insurance	—	—	—	—	24,530 42.06%	25,713 39.92%
Commercial Insurance	—	—	—	—	23,136 39.67%	24,662 38.29%
Legacy portfolio	—	—	—	—	5,771 9.89%	7,353 11.42%
Other, not broken out	4,222 8.09%	—	836 1.68%	—	—	3,082 4.79%
Eliminations	—	—	—	(505) (1.07%)	—	—
Revenue	52,157	43,736	49,746	47,389	58,327	64,406

Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
International	14,076 52.57%	14,220 52.18%	13,237 47.38%	14,833 49.45%	14,833 28.44%	13,532 30.94%	12,816 25.76%	16,013 33.79%	15,371 31.04%	15,496 29.59%	16,647 28.54%	—	—	—	—	—	—
North America	12,699 47.43%	13,031 47.82%	14,701 52.62%	15,163 50.55%	37,324 71.56%	30,204 69.06%	36,930 74.24%	31,376 66.21%	34,149 68.96%	36,871 70.41%	41,680 71.46%	—	—	—	—	—	—
United States	—	—	—	—	—	—	—	—	—	—	—	40,291 62.56%	46,078 66.90%	47,406 66.57%	41,082 63.10%	40,232 55.24%	34,986 46.37%
Other Foreign	—	—	—	—	—	—	—	—	—	—	—	14,334 22.26%	13,992 20.32%	14,310 20.09%	15,904 24.43%	13,513 18.55%	17,278 22.90%
Europe	—	—	—	—	—	—	—	—	—	—	—	6,140 9.53%	—	—	—	—	—
Japan	—	—	—	—	—	—	—	—	—	—	—	3,641 5.65%	—	—	—	—	—
Asia Pacific	—	—	—	—	—	—	—	—	—	—	—	—	8,804 12.78%	9,498 13.34%	8,119 12.47%	19,084 26.20%	23,183 30.73%
Revenue	26,775	27,251	27,938	29,996	52,157	43,736	49,746	47,389	49,520	52,367	58,327	64,406	68,874	71,214	65,105	72,829	75,447

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
General Insurance accident year combined ratio, as adjusted	Q3 FY2026	88.4%	88.3%	—
General Insurance accident year loss ratio, as adjusted	Q3 FY2026	57.8%	57.4%	—
General Insurance combined ratio	Q3 FY2026	91.3%	86.8%	—
General Insurance expense ratio	Q3 FY2026	30.6%	30.9%	—
General Insurance loss ratio	Q3 FY2026	60.7%	55.9%	—
Global Personal accident year combined ratio, as adjusted	Q3 FY2026	93.6%	95.5%	—
Global Personal combined ratio	Q3 FY2026	93.2%	95.2%	—
International Commercial accident year loss ratio, as adjusted	Q1 FY2026	54.8%	54.6%	—
International Commercial Lines accident year combined ratio, as adjusted	Q3 FY2026	85.8%	86.0%	—
International Commercial Lines combined ratio	Q3 FY2026	88.3%	84.9%	—
North America Commercial Lines accident year combined ratio, as adjusted	Q3 FY2026	87.2%	85.4%	—
North America Commercial Lines combined ratio	Q3 FY2026	92.9%	82.6%	—

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q4 FY2023
General Insurance accident year combined ratio, as adjusted	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
General Insurance accident year loss ratio, as adjusted	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
General Insurance combined ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
General Insurance expense ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
General Insurance loss ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Global Personal accident year combined ratio, as adjusted	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Global Personal combined ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
International Commercial accident year loss ratio, as adjusted	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
International Commercial Lines accident year combined ratio, as adjusted	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
International Commercial Lines combined ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
North America Commercial Lines accident year combined ratio, as adjusted	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
North America Commercial Lines combined ratio	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.