Discontinued Operations Presentation (Tables)

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
(in millions)	2025		2024		2025		2024
Corebridge pre-tax income (loss)	$	(608)	$	361	$	(1,470)	$	1,354
Equity method income related to Corebridge (based on fair value)	$	482	$	115	$	722	$	2,195

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:

(in millions)	Three Months Ended June 30, 2024		Six Months Ended June 30, 2024
Revenues:
Premiums	$	428	$	2,723
Policy fees	555		1,269
Net investment income	2,314		5,238
Net realized losses	(587)		(923)
Other income	155		372
Total revenues	2,865		8,679
Benefits, losses and expenses:
Policyholder benefits and losses incurred	811		3,618
Change in the fair value of market risk benefits, net	20		(350)
Interest credited to policyholder account balances	980		2,184
Amortization of deferred policy acquisition costs	199		465
General operating and other expenses	574		1,350
Interest expense	106		249
Net gain on divestitures and other	(186)		(191)
Total benefits, losses and expenses	2,504		7,325
Income from discontinued operations before income tax expense and loss on disposal of discontinued operations	361		1,354
Income tax expense	36		226
Income from discontinued operations, net of income taxes before loss on disposal of discontinued operations	325		1,128
Loss on disposition of operations, net of tax	(4,684)		(4,684)
Loss from discontinued operations, net of income taxes	(4,359)		(3,556)
Less: Net income from discontinued operations attributable to noncontrolling interests	93		477
Net loss from discontinued operations attributable to AIG	$	(4,452)	$	(4,033)