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Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Premiums $ 23,537 $ 25,564 $ 26,765
Net investment income:      
Total net investment income 4,255 3,446 2,370
Net realized gains (losses):      
Net realized gains (losses) (548) (1,078) 827
Other income 7 6 34
Total revenues 27,251 27,938 29,996
Benefits, losses and expenses:      
Losses and loss adjustment expenses incurred 14,567 15,393 15,461
Amortization of deferred policy acquisition costs 3,425 3,771 3,545
General operating and other expenses 5,529 5,399 6,159
Interest expense 462 516 603
(Gain) loss on extinguishment of debt 14 (37) 303
Net (gain) loss on divestitures and other (616) 29 153
Total benefits, losses and expenses 23,381 25,071 26,224
Income from continuing operations before income tax expense 3,870 2,867 3,772
Income tax expense:      
Current 657 176 (452)
Deferred 513 (50) 1,334
Income tax expense 1,170 126 882
Income from continuing operations 2,700 2,741 2,890
Income (loss) from discontinued operations, net of income taxes (3,626) 1,137 8,383
Net income (loss) (926) 3,878 11,273
Less: Net income attributable to noncontrolling interests 478 235 1,046
Net income (loss) attributable to AIG (1,404) 3,643 10,227
Less: Dividends on preferred stock and preferred stock redemption premiums 22 29 29
Net income (loss) attributable to AIG common shareholders $ (1,426) $ 3,614 $ 10,198
Basic:      
Income (loss) from continuing operations (in dollars per share) $ 4.11 $ 3.77 $ 3.67
Income (loss) from discontinued operations (in dollars per share) (6.30) 1.25 9.43
Net income (loss) attributable to AIG common shareholders (in dollars per share) (2.19) 5.02 13.10
Diluted:      
Income (loss) from continuing operations (in dollars per share) 4.07 3.74 3.63
Income (loss) from discontinued operations (in dollars per share) (6.24) 1.24 9.31
Net income (loss) attributable to AIG common shareholders (in dollars per share) $ (2.17) $ 4.98 $ 12.94
Weighted average shares outstanding:      
Basic (in shares) 651,448,307 719,506,291 778,621,118
Diluted (in shares) 657,283,160 725,233,068 787,941,750
Excluding Fortitude Re funds withheld assets      
Net investment income:      
Total net investment income $ 4,111 $ 3,266 $ 2,317
Net realized gains (losses):      
Net realized gains (losses) (434) (734) (207)
Fortitude Re funds withheld assets      
Net investment income:      
Total net investment income 144 180 53
Net realized gains (losses):      
Net realized gains (losses) (39) (71) (99)
Fortitude Re funds withheld embedded derivative      
Net realized gains (losses):      
Net realized gains (losses) $ (75) $ (273) $ 1,133