Discontinued Operations Presentation (Tables)

3 Months Ended

Mar. 31, 2025

Discontinued Operations and Disposal Groups [Abstract]

Financial Information Related to Corebridge as an Equity Method Investee

The following provides Corebridge's pre-tax income as well as our equity method income (representing the sum of dividends received and changes in its stock price).

Three Months Ended March 31,
(in millions)	2025
Corebridge pre-tax loss	$	(862)
Equity method income related to Corebridge (based on fair value)	$	240

Financial Information for Discontinued Operations

The following table presents the amounts related to the operations of Corebridge that have been reflected in Net income from discontinued operations:

Three Months Ended March 31,
(in millions)	2024
Revenues:
Premiums	$	2,295
Policy fees	714
Net investment income	2,924
Net realized losses	(336)
Other income	217
Total revenues	5,814
Benefits, losses and expenses:
Policyholder benefits and losses incurred	2,807
Change in the fair value of market risk benefits, net	(370)
Interest credited to policyholder account balances	1,204
Amortization of deferred policy acquisition costs	266
General operating and other expenses	776
Interest expense	143
Net gain on divestitures and other	(5)
Total benefits, losses and expenses	4,821
Income from discontinued operations before income tax expense and loss on disposal of discontinued operations	993
Income tax expense	190
Income from discontinued operations, net of income taxes before loss on disposal of discontinued operations	803
Loss on disposition of operations, net of tax	—
Loss from discontinued operations, net of income taxes	803
Less: Net income from discontinued operations attributable to noncontrolling interests	384
Net loss from discontinued operations attributable to AIG	$	419