American International Group (AIG) Reports Q3 2026 Results with Mixed Performance
American International Group (AIG) reported third-quarter 2026 results characterized by strong premium growth but declining profitability. Adjusted after-tax income fell 6.4% year-over-year to $2.06 per diluted share, primarily due to a rise in the General Insurance combined ratio to 91.3%. This increase was driven by $283 million in catastrophe charges stemming from North American convective storms and Middle East conflict developments. Despite these headwinds, AIG saw robust top-line growth, with General Insurance net premiums written rising 8% to $6.7 billion. International commercial lines grew 13%, while global personal lines increased by 9%. The company continues its capital return program, distributing $787 million through dividends and share repurchases, and maintains a positive outlook on investment income due to higher fixed-income yields.
Topics: catastrophe losses earnings report insurance premiums net income