Quarterly ResultApr 30, 2026, 04:36 PM
AIG Q1 Net Income +22% to $1.41/share; Dividend +11% to $0.50
AI Summary
American International Group, Inc. (AIG) reported excellent first-quarter 2026 results, with net income per diluted share increasing 22% year-over-year to $1.41 and adjusted after-tax income per diluted share up 80% to $2.11. The company's Board of Directors declared an 11% increase in its quarterly cash dividend to $0.50 per share, marking the fourth consecutive year of double-digit dividend increases. General Insurance underwriting income more than tripled, and the combined ratio improved significantly. AIG also returned $760 million to shareholders through share repurchases and dividends.
Key Highlights
- AIG Q1 2026 Net income per diluted share $1.41, up 22% YoY.
- Adjusted after-tax income per diluted share $2.11, up 80% YoY.
- Board declared cash dividend of $0.50 per share, an 11% increase.
- General Insurance net premiums written $5.6 billion, up 24% YoY.
- General Insurance underwriting income $774 million, more than tripled (up 219%) YoY.
- General Insurance combined ratio 87.3%, an 850 basis point improvement YoY.
- Returned $760 million of capital to shareholders, including $519 million in share repurchases.
- Completed acquisition of 35% equity interest in Convex Group Limited.