American International Group, Inc. (AIG) News & EventsAIGNews & EventsAmerican International Group, Inc.

AIG Reports Q2 Adjusted EPS of $2.00

"AIG delivered another strong quarter, marking an exceptional first half of the year and underscoring the benefits of our diversified global portfolio and continued momentum from organic growth and our recent strategic transactions," said Eric Andersen, AIG President & Chief Executive Officer. "Adjusted after-tax income per diluted share was $2.00, increasing 10% year-over-year, and Core Operating ROE was 11.1%. Net premiums written grew 9% year-over-year on a constant dollar basis, or 11%* excluding North America Property, supported by top-line growth across all three business segments. We produced another solid quarter of underwriting profitability, with General Insurance underwriting income of $686 million, a calendar year combined ratio of 89.0% and an accident year combined ratio, as adjusted, of 88.1%. Our strong quarterly results demonstrate our ability to perform well in the current market, which has transitioned from an extended phase of broad positive pricing into a more selective environment, where profitability and growth are increasingly dependent on line-specific dynamics. The breadth of our underwriting expertise and the diversity of our global portfolio remain important competitive advantages, allowing us to continue to pursue targeted growth in the segments where we expect to achieve the most attractive risk-adjusted returns. We are building on our strong foundation as a market leader and best-in-class underwriting company. Our progress reflects the outstanding execution and commitment of our talented global team. We remain confident in our ability to meet our 2025 Investor Day financial objectives and see significant opportunity to leverage our global scale, strong brand and technical expertise to bring the full capabilities of AIG together to support our clients and stakeholders, while driving sustainable, profitable growth."

American International Group Appoints Christine Williams as Head of Global Client and Broker Relationships

American International Group announced that Christine Williams has been named Head of Global Client and Broker Relationships, effective September 1. Williams will report to Jon Hancock, EVP and CEO of General Insurance, AIG. She will be based in New York. In this new role, Ms. Williams will lead AIG's enterprise-wide relationships with key global clients and distribution partners, working across the Company to deliver its full capabilities, expertise and risk solutions to create value for clients while advancing strategic growth opportunities across AIG's insurance businesses. Williams joins AIG from Aon, where she served as Co-Head of Aon U.S. and was a member of Aon's Executive Committee