AIG Posts Strong Q2: Adjusted EPS Climbs 10%, Underwriting Income Rises, $0.50 Dividend Set

summarizeSummary

AIG's Q2 2026 adjusted EPS rose 10% to $2.00 on strong premium growth and underwriting profitability, with a $0.50 dividend declared and $904M returned to shareholders.

check_boxKey Events · Earnings and Guidance · AIG

• Adjusted EPS Up 10%

  Adjusted after-tax income per diluted share rose to $2.00, a 10% increase from $1.81 in Q2 2025, driven by higher underwriting income.

• Premium Growth Across Segments

  General Insurance net premiums written grew 9% to $7.5 billion, with growth in all three business segments; excluding North America Property, growth was 11%.

• Underwriting Income Improves

  Underwriting income increased 10% to $686 million, with the combined ratio improving 30 basis points to 89.0% and the accident year combined ratio, as adjusted, improving to 88.1%.

• $904M Returned to Shareholders

  AIG repurchased $641 million of common stock (approximately 8 million shares) and paid $263 million in dividends during the quarter.

auto_awesomeAnalysis · AIG · Finance

AIG turned in a solid second quarter, with adjusted after-tax income per share climbing 10% year-over-year to $2.00. The gain was fueled by a 9% increase in net premiums written and a 10% improvement in underwriting income. The combined ratio tightened to 89.0%, underscoring disciplined underwriting even as catastrophe losses rose. Shareholders saw $904 million returned through buybacks and dividends, and a $0.50 quarterly dividend was declared. While net income fell 10%—a result of mark-to-market impacts from the Corebridge stake sale—the results highlight AIG's capacity to deliver profitable growth in a more selective pricing environment.