Statutory Financial Data and Restrictions (Tables)

12 Months Ended

Dec. 31, 2024

Statutory Accounting Practices Disclosure

The following table presents statutory net income (loss) and capital and surplus for our General Insurance companies in accordance with statutory accounting practices:


(in millions)		2024		2023		2022
Years Ended December 31,
Statutory net income (loss)(a)(b):
General Insurance companies:
Domestic	$	1,594	$	1,912	$	2,272
Foreign		1,741		1,867		1,047
Total General Insurance companies	$	3,335	$	3,779	$	3,319




At December 31,
Statutory capital and surplus(a)(b):
General Insurance companies:
Domestic	$	17,001	$	18,703
Foreign		12,299		11,527
Total General Insurance companies	$	29,300	$	30,230




Aggregate minimum required statutory capital and surplus:
General Insurance companies:
Domestic	$	3,763	$	3,625
Foreign		5,741		6,041
Total General Insurance companies	$	9,504	$	9,666

(a)Excludes discontinued operations and other divested businesses.

(b)The 2024 statutory net income and capital and surplus reflect our best estimate as of the date of AIG’s Form 10-K filing.

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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