XML 32 R3.htm IDEA: XBRL DOCUMENT v3.25.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Fixed maturity securities:    
Bonds available for sale, at fair value, net of allowance for credit losses of $37 in 2025 and $38 in 2024 (amortized cost: 2025 - $71,772; 2024 - $66,195) $ 71,032 $ 64,006
Other bond securities, at fair value 741 745
Equity securities, at fair value 502 704
Mortgage and other loans receivable, net of allowance for credit losses of $37,747 in 2025 and $37,800 in 2024 2,887 3,868
Other invested assets (portion measured at fair value: 2025 - $5,011; 2024 - $7,384) 6,696 9,828
Short-term investments, including restricted cash of $55 in 2025 and $55 in 2024 (portion measured at fair value: 2025 - $5,909; 2024 - $9,789) 11,141 14,462
Total investments 92,999 93,613
Cash 1,274 1,302
Accrued investment income 691 599
Premiums and other receivables, net of allowance for credit losses and disputes of $131 in 2025 and $127 in 2024 10,441 10,463
Deferred income tax assets 5,096 4,956
Deferred policy acquisition costs 2,106 2,065
Goodwill 3,435 3,373
Deposit accounting assets, net of allowance for credit losses of $49 in 2025 and $49 in 2024 2,443 2,171
Other assets, including restricted cash of $16 in 2025 and $15 in 2024 (portion measured at fair value: 2025 - $135; 2024 - $179) 4,773 4,735
Total assets 161,254 161,322
Liabilities:    
Liability for unpaid losses and loss adjustment expenses, including allowance for credit losses of $14 in 2025 and $14 in 2024 70,666 69,168
Unearned premiums 17,991 17,232
Future policy benefits 1,385 1,317
Other policyholder funds 352 418
Fortitude Re funds withheld payable (portion measured at fair value: 2025 - $(92); 2024 - $(128)) 3,038 3,207
Premiums and other related payables 5,448 6,052
Deposit accounting liabilities 3,295 3,005
Commissions and premium taxes payable 1,556 1,522
Current and deferred income tax liabilities 661 426
Other liabilities (portion measured at fair value: 2025 - $162; 2024 - $251) 6,509 7,503
Long-term debt 9,191 8,922
Total liabilities 120,092 118,772
Contingencies, commitments and guarantees (See Note 15)
AIG shareholders’ equity:    
Common stock, $2.50 par value; 5,000,000,000 shares authorized; shares issued: 2025 - 1,906,671,492 and 2024 - 1,906,671,492 4,766 4,766
Treasury stock, at cost; 2025 - 1,368,489,324 shares; 2024 - 1,300,512,040 shares of common stock (71,199) (65,573)
Additional paid-in capital 75,373 75,348
Retained earnings 37,186 35,079
Accumulated other comprehensive loss (4,987) (7,099)
Total AIG shareholders’ equity 41,139 42,521
Non-redeemable noncontrolling interests 23 29
Total equity 41,162 42,550
Total liabilities and equity 161,254 161,322
Consolidated Entities, Excluding Consolidated Investments    
Liabilities:    
Long-term debt 9,035 8,764
Consolidated Investments, Including Variable Interest Entities, Primarily Beneficiary    
Liabilities:    
Long-term debt 156 158
Fortitude RE    
Fixed maturity securities:    
Reinsurance assets, net of allowance for credit losses and disputes 3,167 3,427
Excluding Fortitude    
Fixed maturity securities:    
Reinsurance assets, net of allowance for credit losses and disputes $ 34,829 $ 34,618