American International Group said net income attributable to AIG common shareholders decreased $496 million in Q1 2025. The company cited a decrease in income from discontinued operations of $803 million as a result of the deconsolidation of Corebridge and an increase in catastrophe losses of $419 million as factors.

10-QQuarterly reportFiled May 2, 2025Period of report Mar 31, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

American International Group said net income attributable to AIG common shareholders decreased $496 million in Q1 2025. The company cited a decrease in income from discontinued operations of $803 million as a result of the deconsolidation of Corebridge and an increase in catastrophe losses of $419 million as factors.
American International Group said pre-tax income was $960 million and adjusted pre-tax income was $909 million for the 3 months ended March 31, 2025. For the same period in 2024, pre-tax income was $1.1 billion and adjusted pre-tax income was $1.2 billion.
The company said AIG Parent repurchased approximately 29 million common shares for approximately $2.2 billion in Q1 2025. It also paid $234 million in cash dividends at $0.40 per common share.
American International Group said net cash inflow from investing activities was $2.8 billion and net cash outflow from financing activities was $2.7 billion in Q1 2025. AIG Parent's liquidity resources were approximately $7.9 billion as of March 31, 2025 and approximately $10.7 billion as of December 31, 2024.

Key figures

Quarter ended March 31, 2025

Revenue: $6.8B
Net income: $698M
EPS: $1.16
Operating cash flow: −$56M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Decrease in net income and factors cited by the company

American International Group said net income attributable to AIG common shareholders decreased $496 million in Q1 2025. The company cited a decrease in income from discontinued operations of $803 million as a result of the deconsolidation of Corebridge and an increase in catastrophe losses of $419 million as factors.

Source · Based on the MD&A text of the filing

Pre-tax income and adjusted pre-tax income

American International Group said pre-tax income was $960 million and adjusted pre-tax income was $909 million for the 3 months ended March 31, 2025. For the same period in 2024, pre-tax income was $1.1 billion and adjusted pre-tax income was $1.2 billion.

Source · Based on the MD&A text of the filing

Share repurchases and common stock dividend payments

The company said AIG Parent repurchased approximately 29 million common shares for approximately $2.2 billion in Q1 2025. It also paid $234 million in cash dividends at $0.40 per common share.

Source · Based on the MD&A text of the filing

Cash flows and AIG Parent liquidity

American International Group said net cash inflow from investing activities was $2.8 billion and net cash outflow from financing activities was $2.7 billion in Q1 2025. AIG Parent's liquidity resources were approximately $7.9 billion as of March 31, 2025 and approximately $10.7 billion as of December 31, 2024.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

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