American International Group (AIG) reported strong second quarter 2026 results, driven by a 9% increase in General Insurance net premiums written and continued underwriting profitability. The company successfully finalized its strategic separation from Corebridge Financial, selling its remaining interest for approximately $710 million. Underwriting performance remained disciplined with a consolidated combined ratio of 89.0%, supporting a Core Operating ROE of 11.1%.

Key Highlights

  • General Insurance net premiums written reached $7.5 billion, an increase of 9% year-over-year on a constant dollar basis.
  • Adjusted after-tax income per diluted share was $2.00, surpassing the consensus estimate of $1.93.
  • Underwriting income grew 10% to $686 million, despite $210 million in catastrophe-related charges including losses from the Middle East conflict.
  • AIG returned $904 million to shareholders during the quarter, comprising $641 million in share repurchases and $263 million in dividends.