American International Group (AIG) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Apr 30, 2026

After Close (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

1.93

Last Year’s EPS

1.17

Same Quarter Last Year

Analyst Consensus

Hold

Based on 16 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 10, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed strong execution across underwriting, investments, capital returns and strategic M&A/partnerships, with notable improvement in ROE, underwriting income, investment yield and several growth initiatives (GenAI deployment, Convex, Everest, SPVs). Headwinds remain in North America property and certain personal and financial lines where pricing and volume pressures persist, and the expense ratio is improved but still above the company's sub-30% target. On balance the positives — robust earnings, disciplined renewals with meaningful reinsurance savings, active capital returns, and clear growth initiatives — materially outweigh the manageable headwinds.

Company Guidance

AIG guided to full‑year 2026 net premiums written growth of low‑to‑mid‑teens and reaffirmed its Investor Day targets (including an expense‑ratio goal of below 30% by 2027, with meaningful improvement expected in 2026); it committed to at least $1 billion of share repurchases in 2026 (with the majority of any proceeds from monetizing its remaining 10.1% Corbridge stake—now able to be sold after Nippon Life waived the 9.9% retention—likely deployed to additional buybacks). Management also expects near‑term accretion from announced strategic deals (Convex: ~35% equity interest plus 9.9% Onyx stake and a 7.5% whole‑account quota share in 2026 rising to 10% in 2027 and 12.5% in 2028; Everest renewal rights purchase price now expected ≈$270M with up to $70M downside and an anticipated ~10‑point combined‑ratio benefit on converted business), material reinsurance savings (property catastrophe weighted average risk‑adjusted rate decrease in excess of 15%), expanded SPV capacity (Syndicate 2479 stamp capacity $300M), and broad GenAI deployments in 2026 (underwriting and claims “AIG Assist,” an orchestration layer and digital twin) to drive premium growth, margin improvement and the company’s ability to meet or exceed its 2027 objectives.

Strong Earnings Growth

Q4 adjusted after-tax income per diluted share of $1.96, up 51% year-over-year; full-year adjusted after-tax income per diluted share $7.09, up 43% YoY. Adjusted after-tax income for 2025 was $4.0 billion, up 24% YoY.

Robust Underwriting Results

Q4 underwriting income $670 million, up 48% YoY; full-year underwriting income $2.3 billion, up 22% YoY — first year since 2008 to deliver >$2B in underwriting income excluding divested businesses. Q4 accident-year combined ratio (as adjusted) 88.9% (17th consecutive sub-90% quarter); full-year accident-year combined ratio 88.3% and calendar year combined ratio 90.1%.

Premium Growth and New Business Momentum

Global commercial net premiums written grew 3% in Q4 and totaled $17.4 billion for full-year 2025 (+3% YoY; +4% adjusted for prior-year closeout). Global commercial new business grew 9% FY; international new business +10% FY and global specialty +15%; Q4 international new business +14%.

Expense and ROE Improvement

Expense ratio ended 2025 at 31.1%, down 90 basis points YoY with a management target of sub-30% by 2027. Core operating ROE improved to 11.1%, a 200 basis point improvement YoY and the first adjusted ROE above 10% in over a decade.

Improved Investment Income and Yields

Net investment income on an APTI basis was $3.8 billion for the year (up 8% YoY); Q4 APTI net investment income $954 million, up 9% YoY. Average new-money yield on core fixed income was ~4.59% in Q4, +68 basis points YoY; core fixed income contributed $3.1 billion, +17% YoY.

Strong Capital Returns and Balance Sheet Position

Returned $6.8 billion of capital in 2025 (including $5.8 billion of repurchases and $1.0 billion in dividends); quarterly dividend increased 12.5%. Debt outstanding $9 billion with a debt-to-total-capital ratio of 18%. Book value per share $76.44, up 9% YoY; adjusted tangible BVPS $70.37, up 4% YoY.

Favorable Reinsurance Renewals

January 1 reinsurance renewals produced enhanced terms: weighted average risk-adjusted rate decrease in excess of 15% on property catastrophe (substantial savings), improved attachment/return period profile, casualty quota share maintained attractive ceding commission in the low 30s, and added the Everest portfolio on AIG pricing without nominal cost increase.

Strategic Transactions and Partnerships

Convex transaction (~35% equity interest and 9.9% stake in Onyx) plus a 7.5% whole-account quota share in 2026 (rising to 10% in 2027 and 12.5% in 2028) expected to be accretive in 2026. Syndicate 2479 launched with Amwins/Blackstone ($300M capacity). Everest renewal-rights purchase price adjusted to $270M with renewable premium ~ $1.8B and early conversion retention ~75% (~$180M GWP retained in Jan).

GenAI and Digital Progress

Expanded 'Underwriting Assist' to seven additional lines (including Lexington); Lexington submission count increased 26% YoY. Company reached >370,000 submissions toward a 500,000 submission ambition by 2030. GenAI used to accelerate Everest conversion and to support SPV underwriting/analytics.

2026 Growth and Capital Guidance

Company expects low-to-mid-teens net premiums written growth in general insurance for full-year 2026 and intends to repurchase at least $1 billion of common shares in 2026, with additional repurchases likely using proceeds from further Corbridge sell-downs.

American International Group (AIG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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AIG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 30, 2026	2026 (Q1)	1.93 / -	1.17	―	―	―
Feb 10, 2026	2025 (Q4)	1.90 / 1.96	1.3	50.77% (+0.66)
Nov 04, 2025	2025 (Q3)	1.72 / 2.20	1.23	78.86% (+0.97)
Aug 06, 2025	2025 (Q2)	1.60 / 1.81	1.16	56.03% (+0.65)
May 01, 2025	2025 (Q1)	1.00 / 1.17	1.77	-33.90% (-0.60)
Feb 11, 2025	2024 (Q4)	1.24 / 1.30	1.79	-27.37% (-0.49)
Nov 04, 2024	2024 (Q3)	1.10 / 1.23	1.61	-23.60% (-0.38)
Jul 31, 2024	2024 (Q2)	1.32 / 1.16	1.75	-33.71% (-0.59)
May 01, 2024	2024 (Q1)	1.66 / 1.77	1.63	8.59% (+0.14)
Feb 13, 2024	2023 (Q4)	1.64 / 1.79	1.36	31.62% (+0.43)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AIG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 10, 2026	$75.00	$78.44	+4.59%
Nov 04, 2025	$80.29	$75.92	-5.44%
Aug 06, 2025	$78.19	$75.75	-3.11%
May 01, 2025	$79.53	$82.30	+3.49%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does American International Group (AIG) report earnings?

American International Group (AIG) is schdueled to report earning on Apr 30, 2026, After Close (Confirmed).

What is American International Group (AIG) earnings time?

American International Group (AIG) earnings time is at Apr 30, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

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What is AIG EPS forecast?

AIG EPS forecast for the fiscal quarter 2026 (Q1) is 1.93.