by American International Group (AIG) has reported the net income that is due to its normal shareholders of $ 1.14 billion for the second quarter of 2025 (Q2 2025), which will return to a net loss of $ 3.9 billion in the same quarter of the previous year.
Before the Q2 ended on June 30, 2025, the profit of the insurer per watered share for ordinary shareholders was $ 1.98, in contrast to a net loss of $ 5.96 per share in the same period last year.
The increase in profit on an annual basis is largely attributed to the impact of a net loss of $ 6.67 per diluted common share from the deconsolidation of Corebridge Financial in June 2024.
The adjusted income after taxes of the company attributing to its normal shareholders rose to $ 1 billion for the quarter, an increase of $ 771 million in the quarter of the previous year.
This improvement reflects increased acceptance -income and net investment income in the general insurance sector, together with better performance in other activities.
The total net investment income of AIG for the quarter reached $ 1.5 billion, an increase of 48%.
This growth is mainly due to a change in the valuation of AIG’s equity in Corebridge and an increase in income from fixed term effects that are for sale.
The company has returned $ 2 billion to its shareholders due to the purchase of $ 1.8 billion in ordinary shares (21 million shares) and the payment of $ 254 million in ordinary sharing dividends.
In the general insurance segment, the written net premiums were marginal lower on a reported basis (with 1%) on $ 6.9 billion. There was a growth of 3% in the global commercial.
Income from general insurance income rose by 46% to $ 626 million, reinforced by reduced catastrophe-related costs and a decrease in acquisition costs.
The business and other general operating costs of the company saw an improvement of $ 94 million compared to the quarter of the previous year, attributed to cost savings of the AIG Next Initiative and the redistribution of costs to general insurance activities.
AIG chairman and CEO Peter Zaffino said: “AIG delivered an outstanding second quarter. The adapted income after taxes per diluted share was $ 1.81, which represents a growth of 56% compared to the quarter of last year.
“We have a huge momentum on the way to the second half of 2025 and remain very confident in our ability to achieve our financial goals in the long term and at the same time deliver an exceptional value for all our stakeholders.”
The insurer reported that the net income to its normal shareholders was due to $ 1.84 billion for the six-month period, compared to a net loss of $ 2.78 billion registered in the corresponding period in the previous year.
Last month, Aig John Neal appointed her general Insurance Division, with his term of office to start on December 1, 2025.
