AIG Reports Q3 Growth and Outlines 2026 Expense Targets and Share Repurchase Plans
American International Group (AIG) reported strong third-quarter performance characterized by increased profitability and premium growth. The company achieved an adjusted after-tax income of $2.06 per diluted share, supported by an 8% increase in net premiums written. Looking ahead, management has established a strategic target to reach an expense ratio of approximately 30.5% by 2026. To enhance shareholder value, AIG plans to execute roughly $2.2 billion in share repurchases. Additionally, the company announced plans to close its Everest Chile operations within the first half of 2027.
Tickers: $AIG
Topics: earnings report net income per share premium growth profitability
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Part of the story AIG targets ~30.5% 2026 expense ratio while planning ~$2.2B share repurchases and closing Everest Chile in 1H 2027 (2 articles)