AIG reported second-quarter CY2026 adjusted earnings of $2 per share, beating analyst estimates by 3.7%, even as revenue of $7.11 billion fell short of the $7.27 billion consensus. Revenue grew 3.9% year on year, but the top-line miss reflected deliberate contraction in North American property portfolios to preserve risk-adjusted returns amid heightened competition. CEO Eric Andersen highlighted strong momentum in accident and health, high net worth personal lines, and strategic transactions, while emphasizing the company's five strategic priorities including AI-driven underwriting and expense discipline. AIG remains on track to reduce its general insurance expense ratio below 30% by 2027 and announced the acquisition of Everest Insurance operations in Colombia to expand in Latin America.
American International Group IncAIG beat earnings estimates despite revenue miss, with strong momentum in key segments and strategic acquisitions.
