AIG: Q4 Earnings, New Board Member & Navigating Insurance Trends#
American International Group, Inc. (AIG) is currently navigating a dynamic insurance landscape shaped by technological advancements, evolving market dynamics, and increasing competition. This report provides a comprehensive, intraday snapshot of the latest developments and corporate events affecting the company as of Monday, March 3, 2025. All financial data is sourced from Monexa AI.
AIG's stock price reflects positive momentum, trading at $82.94 as of March 1, 2025, near its 52-week high of $83.74. This uptrend signals growing investor confidence in the company's strategic direction and its capacity to generate sustainable value. The company’s shares outstanding are 593,333,000 according to Monexa AI.
AIG's Q4 Earnings: A Deep Dive into International Commercial Success#
AIG reported better-than-expected earnings for its fourth quarter, primarily driven by the strong performance of its international commercial unit. According to Zacks.com, the company's fourth-quarter earnings benefited from lower benefits and expenses, as well as new business production.
Net premiums written (NPW) in the international commercial unit increased by +9% in Q4 2024. For the full year, international commercial NPW increased by +2% to $8.4 billion. This growth was primarily driven by Global Specialty and Property, fueled by new business and retention, according to AIG's Q4 2024 earnings call transcript.
AIG reported strong underwriting income of $1.9B in 2024, reflecting an Accident Year Combined Ratio, as adjusted, that improved 40 basis points to 88.2%, according to American International Group, Inc. (AIG) Q4 2024 Earnings Call Transcript.
| Metric | Q4 2024 | Full Year 2024 | Source