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Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Premiums $ 5,877 $ 5,748 $ 11,647 $ 11,619
Net investment income:        
Total net investment income 1,466 990 2,571 1,969
Net realized gains (losses):        
Total net realized losses (258) (180) (361) (267)
Other income 6 2 17 2
Total revenues 7,091 6,560 13,874 13,323
Benefits, losses and expenses:        
Losses and loss adjustment expenses incurred 3,493 3,467 7,287 6,980
Amortization of deferred policy acquisition costs 847 842 1,672 1,680
General operating and other expenses 1,162 1,610 2,277 2,848
Interest expense 100 125 192 241
(Gain) loss on extinguishment of debt (5) 1 (5) 1
Net (gain) loss on divestitures and other (50) (102) (53) (102)
Total benefits, losses and expenses 5,547 5,943 11,370 11,648
Income from continuing operations before income tax expense 1,544 617 2,504 1,675
Income tax expense 400 142 662 403
Income from continuing operations 1,144 475 1,842 1,272
Loss from discontinued operations, net of income taxes 0 (4,359) 0 (3,556)
Net income (loss) 1,144 (3,884) 1,842 (2,284)
Less: Net income attributable to noncontrolling interests 0 93 0 477
Net income (loss) attributable to AIG 1,144 (3,977) 1,842 (2,761)
Less: Dividends on preferred stock and preferred stock redemption premiums 0 0 0 22
Net income (loss) attributable to AIG common shareholders $ 1,144 $ (3,977) $ 1,842 $ (2,783)
Basic:        
Income from continuing operations (in dollars per share) $ 2.00 $ 0.72 $ 3.16 $ 1.86
Loss from discontinued operations (in dollars per share) 0 (6.74) 0 (6.00)
Net income (loss) attributable to AIG common shareholders (in dollars per share) 2.00 (6.02) 3.16 (4.14)
Diluted:        
Income from continuing operations (in dollars per share) 1.98 0.71 3.13 1.85
Loss from discontinued operations (in dollars per share) 0 (6.67) 0 (5.96)
Net income (loss) attributable to AIG common shareholders (in dollars per share) $ 1.98 $ (5.96) $ 3.13 $ (4.11)
Weighted average shares outstanding:        
Basic (in shares) 572,817,409 661,092,967 583,272,826 671,834,907
Diluted (in shares) 577,941,232 666,955,168 588,534,928 677,458,343
Excluding Fortitude Re funds withheld assets        
Net investment income:        
Total net investment income $ 1,427 $ 957 $ 2,492 $ 1,897
Net realized gains (losses):        
Total net realized losses (192) (187) (252) (246)
Fortitude Re funds withheld assets        
Net investment income:        
Total net investment income 39 33 79 72
Net realized gains (losses):        
Total net realized losses (52) (1) (54) (20)
Fortitude Re funds withheld embedded derivative        
Net realized gains (losses):        
Total net realized losses $ (14) $ 8 $ (55) $ (1)