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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2025
Insurance [Abstract]  
Schedule of Supplemental Information for Loss and Benefit Reserves, Gross and Net of Ceded Reinsurance
The following table provides supplemental information for loss and benefit reserves, gross and net of ceded reinsurance:
At December 31,20252024
(in millions)As
Reported		Net of
Reinsurance		As
Reported		Net of
Reinsurance
Liability for unpaid losses and loss adjustment expenses$(70,666)$(41,665)$(69,168)$(40,032)
Future policy benefits(1,385)(556)(1,317)(591)
Reserve for unearned premiums(17,991)(12,919)(17,232)(12,928)
Other policyholder funds(352)(352)(418)(418)
Reinsurance assets*
34,90234,166
*Reinsurance assets excludes (i) allowance for credit losses and disputes of $248 million and $220 million (of which $130 million and $110 million pertains to CECL reserve for Liability for unpaid losses and loss adjustment expenses) for the years ended December 31, 2025 and 2024, respectively, (ii) paid loss recoveries of $3,342 million and $4,068 million for the years ended December 31, 2025 and 2024, respectively, and (iii) policy and contract claims recoverable of $0 million and $31 million for the years ended December 31, 2025 and 2024, respectively.
Summary of Short-Duration Insurance Premiums Written and Earned
The following table presents short-duration insurance premiums written and earned:
Years Ended December 31,
(in millions)2025 2024 2023 
Premiums written:
Direct$31,808 $31,743 $31,445 
Assumed3,796 3,950 7,951 
Ceded(11,931)(11,791)(12,190)
Net$23,673 $23,902 $27,206 
Premiums earned:
Direct$31,463 $31,208 $30,781 
Assumed3,747 3,947 7,050 
Ceded(11,459)(11,618)(12,267)
Net$23,751 $23,537 $25,564 
Percent of amount assumed to net15.8%16.8%27.6%
Summary of Assets Supporting Funds Withheld Arrangements
There is a diverse pool of assets supporting the funds withheld arrangements with Fortitude Re. The following summarizes the composition of the pool of assets:
December 31, 2025December 31, 2024
(in millions)Carrying
Value		Fair
Value		Carrying
Value		Fair
Value		Corresponding Accounting Policy
Fixed maturity securities - available for sale(a)
$1,780 $1,780 $1,918 $1,918 Fair value through other comprehensive income (loss)
Fixed maturity securities - fair value option734 734 721 721 Fair value through net investment income
Commercial mortgage loans359 344 450 437 Amortized cost
Short-term investments43 43 15 15 Fair value through net investment income
Funds withheld investment assets2,916 2,901 3,104 3,091 
Derivative assets, net(b)
— — 1 1 Fair value through net realized gains (losses)
Other(c)
137 137 115 115 Amortized cost
Total$3,053 $3,038 $3,220 $3,207 
(a)The change in the net unrealized gains (losses) on available for sale securities related to the Fortitude Re funds withheld assets was $85 million ($67 million after-tax) and $(35) million ($(28) million after-tax), respectively for the years ended December 31, 2025 and for the year ended December 31, 2024.
(b)The derivative assets and liabilities have been presented net of cash collateral. The derivative assets and liabilities supporting the Fortitude Re funds withheld arrangements had a fair market value of $1 million and $31 million, respectively, as of December 31, 2025. The derivative assets and liabilities supporting the Fortitude Re funds withheld arrangements had a fair market value of $9 million and $2 million, respectively, as of December 31, 2024. These derivative assets and liabilities are fully collateralized either by cash or securities.
(c)Primarily comprised of Cash and Accrued investment income.
Summary of the Impact of Funds Withheld Arrangements
The impact of the funds withheld arrangements with Fortitude Re was as follows:
Years Ended December 31,
(in millions)202520242023
Net investment income - Fortitude Re funds withheld assets$149 $144 $180 
Net realized losses on Fortitude Re funds withheld assets:
Net realized losses - Fortitude Re funds withheld assets(70)(39)(71)
Net realized losses - Fortitude Re funds withheld embedded derivative(166)(75)(273)
Net realized losses on Fortitude Re funds withheld assets(236)(114)(344)
Income (loss) from continuing operations before income tax expense (benefit)(87)30 (164)
Income tax expense (benefit)(a)
(18)6 (34)
Net income (loss)
(69)24 (130)
Change in unrealized appreciation (depreciation) on available for sale securities(a)
67 (28)92 
Comprehensive loss$(2)$(4)$(38)
(a)The income tax expense (benefit) and the tax impact in Accumulated other comprehensive income (loss) (AOCI) were computed using AIG’s U.S. statutory tax rate of 21 percent.
Rollforward of the Reinsurance Recoverable Allowance
The following table presents a rollforward of the reinsurance recoverable allowance:
Years Ended December 31,
(in millions)202520242023
Balance, beginning of year$269 $255 $260 
Addition to (release of) allowance for expected credit losses and disputes, net28 11 (5)
Write-offs charged against the allowance for credit losses and disputes(4)(1)— 
Other changes4 4 — 
Balance, end of year$297 $269 $255