The firm maintains a stable capital position with $40.4 billion in equity as of 2026Q1, reflecting successful preservation of buffers despite the massive structural reduction in total assets from $544.1 billion in 2024Q1.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Total Assets | 161.54B | 161.25B | 161.32B | 539.31B | 522.23B | 596.11B | 586.48B | 525.06B | 491.98B | 498.3B | 498.26B | 496.84B | 515.58B | 541.33B | 548.63B | 553.05B | 657.63B | 847.59B | 860.42B | 1.06T | 979.41B | 853.37B | 798.66B | 674.15B | 561.23B | 493.06B | 306.58B | 268.24B | 194.4B | 163.97B | 148.43B |
| Asset Growth % | -4.94% | -0.04% | -70.09% | 3.27% | -12.39% | 1.64% | 11.7% | 6.72% | -1.27% | 0.01% | 0.29% | -3.63% | -4.76% | -1.33% | -0.8% | -15.9% | -22.41% | -1.49% | -18.87% | 8.28% | 14.77% | 6.85% | 18.47% | 20.12% | 13.83% | 60.83% | 14.29% | 37.98% | 18.56% | 10.47% | 10.66% |
| Total Investment Assets | 4M | 92.94B | 93.56B | 90.24B | 309.15B | 359.29B | 360.67B | 337.62B | 314.21B | 322.29B | 328.18B | 338.35B | 355.77B | 358.09B | 379.5B | 379.4B | 410.41B | 601.16B | 650.68B | 843.57B | 793.98B | 521.66B | 537.79B | 445.89B | 361.79B | 314.01B | 269.38B | 169.65B | 151.93B | 7.92B | 66.22B |
| Long-Term Investments | 174.23B | 55.81B | 15.14B | 12.14B | 70.62B | 68.73B | 296.05B | 271.84B | 251.73B | 264.45B | 270.4B | 279B | 296.26B | 307B | 327.23B | 314.67B | 309.45B | 461.9B | 466.28B | 566.43B | 530.61B | 432.28B | 438.38B | 359.9B | 284.62B | 246.39B | 210.05B | 127.35B | 115.98B | 60.25B | 56.7B |
| Short-Term Investments | 8.2B | 37.13B | 78.41B | 78.11B | 238.53B | 290.56B | 289.7B | 264.32B | 239.06B | 249.38B | 253.84B | 258.38B | 271.1B | 279.89B | 298.77B | 286.55B | 43.74B | 47.26B | 46.67B | 51.35B | 27.48B | 397.03B | 391.73B | 333.88B | 266.06B | 224.74B | 174.93B | 96.99B | 83.73B | 3.33B | 2.01B |
| Total Current Assets | 12.46B | 87.61B | 128.89B | 129.36B | 325.95B | 381.72B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash & Equivalents | 1.45B | 1.27B | 1.3B | 1.54B | 2.04B | 2.2B | 2.83B | 2.86B | 2.87B | 2.36B | 1.87B | 1.63B | 1.76B | 2.24B | 1.15B | 1.47B | 1.56B | 4.4B | 8.64B | 2.28B | 1.59B | 1.9B | 2.01B | 19M | 1.17B | 698M | 256M | 132M | 303M | 86.92M | 58.74M |
| Receivables | 155.49B | 49.13B | 49.11B | 49.68B | 85.34B | 88.93B | 11.33B | 10.27B | 11.01B | 10.25B | 10.46B | 11.45B | 12.03B | 12.94B | 13.99B | 14.72B | 15.71B | 16.55B | 21.09B | 19.07B | 17.79B | 28B | 39.33B | 30.69B | 28.95B | 26.37B | 23.96B | 12.24B | 11.68B | 10.28B | 9.62B |
| Other Current Assets | 0 | 71M | 70M | 32M | 33M | 32M | -303.86B | -277.45B | -252.95B | -261.99B | -266.17B | -271.46B | -284.89B | -295.07B | -313.91B | -302.75B | -61.01B | -68.21B | -76.4B | -72.7B | -46.86B | -426.92B | -433.07B | -365.5B | -296.18B | -251.81B | -199.42B | -109.36B | -95.71B | -13.7B | -11.68B |
| Goodwill & Intangibles | 20.14B | 5.54B | 5.44B | 5.87B | 16.78B | 14.57B | 4.07B | 4.04B | 4.08B | 1.59B | 1.53B | 1.61B | 1.45B | 1.48B | 1.47B | 1.37B | 1.33B | 6.2B | 6.95B | 9.41B | 8.63B | 8.09B | 8.56B | 7.66B | 6.08B | 6.1B | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 3.42B | 3.44B | 3.37B | 3.75B | 3.93B | 4.06B | 4.07B | 4.04B | 4.08B | 1.59B | 1.53B | 1.61B | 1.45B | 1.48B | 1.47B | 1.37B | 1.33B | 6.2B | 6.95B | 9.41B | 8.63B | 8.09B | 8.6B | 7.63B | 6.08B | 6.1B | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 2.11B | 2.06B | 2.12B | 12.86B | 10.51B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.08B | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.85B | 0 | 0 | 0 | 0 | 36.24B | 32.13B | 30.34B | 26.87B | 22.71B | 19.32B | 17.33B | 16.33B | 2.34B | 2.12B |
| Other Assets | 0 | 7.2B | 6.89B | 385.76B | 94.07B | 119.37B | -300.12B | -275.88B | -255.81B | -266.04B | -271.93B | -280.61B | -297.71B | -308.48B | -328.69B | -351.58B | -313.63B | -472.23B | -478.8B | -581.37B | -543.62B | -476.62B | -479.07B | -397.91B | -317.56B | -275.2B | -229.38B | -144.68B | -132.31B | -77.03B | -58.82B |
| Total Liabilities | 121.11B | 120.09B | 118.77B | 488B | 478.77B | 527.2B | 519.28B | 457.64B | 434.68B | 432.59B | 421.41B | 406.63B | 408.31B | 440.22B | 449.63B | 441.44B | 569.77B | 748.55B | 797.69B | 954.28B | 869.77B | 766.87B | 722.26B | 603.93B | 499.97B | 438.71B | 375.82B | 234.04B | 202.66B | 139.57B | 125.99B |
| Total Debt | 9B | 9.19B | 8.92B | 10.86B | 27.18B | 30.16B | 37.53B | 35.35B | 34.54B | 31.64B | 30.91B | 29.25B | 31.22B | 41.69B | 48.5B | 75.25B | 106.46B | 141.47B | 193.2B | 176.05B | 148.68B | 108.46B | 95.41B | 78.53B | 71.89B | 65.73B | 54.32B | 32.98B | 31.91B | 25.26B | 23.52B |
| Net Debt | 7.55B | 7.92B | 7.62B | 9.32B | 25.14B | 27.96B | 34.71B | 32.49B | 31.67B | 29.28B | 29.04B | 27.62B | 29.46B | 39.45B | 47.35B | 73.78B | 104.9B | 137.07B | 184.56B | 173.76B | 147.09B | 106.56B | 93.4B | 77.61B | 70.72B | 65.03B | 53.8B | 32.85B | 31.61B | 25.17B | 23.46B |
| Long-Term Debt | 9B | 9.19B | 8.92B | 10.61B | 25.68B | 30.16B | 37.53B | 35.35B | 34.54B | 31.64B | 30.91B | 29.25B | 31.22B | 41.69B | 48.5B | 75.25B | 106.46B | 136.73B | 192.59B | 162.94B | 135.32B | 99.25B | 85.72B | 72.59B | 62.77B | 53.84B | 41.28B | 28.58B | 27.27B | 21.89B | 19.02B |
| Short-Term Debt | 0 | 0 | 0 | 250M | 1.5B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.74B | 613M | 13.11B | 13.36B | 9.21B | 9.69B | 5.94B | 9.11B | 11.89B | 13.05B | 4.4B | 4.64B | 3.38B | 4.5B |
| Total Current Liabilities | 1.49B | 102.66B | 101.04B | 102.42B | 99.74B | 98.34B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Payable | 0 | 5.45B | 6.05B | 6.22B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.83B | 4.39B | 2.13B | 8.95B | 8.78B | 3.56B | 3.66B | 2.92B | 3.27B | 3.21B | 2.79B | 2.25B | 2.28B | 1.7B | 1.83B |
| Deferred Revenue | 0 | 17.99B | 17.23B | 17.38B | 18.34B | 19.31B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.49B | 73.96B | 72.6B | 73.35B | 79.9B | 79.03B | -43.06B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.65B | -14.08B | -11.85B | -33.25B | -40.78B | -79.47B | -69.91B | -44.05B | -41.16B | -28.96B | -19.06B | -7.55B | -8.39B | -6.13B | -7.12B |
| Deferred Taxes | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 |
| Other Liabilities | 110.62B | 8.25B | 8.39B | 374.63B | 353.35B | 398.7B | -37.53B | -35.35B | -34.54B | -31.64B | -30.91B | -29.25B | -31.22B | -41.69B | -48.5B | -75.25B | -108.83B | -136.73B | -192.59B | -162.94B | -135.32B | -99.25B | -92.76B | -72.59B | -62.77B | -53.84B | -43.15B | -28.58B | -27.27B | -21.89B | -19.02B |
| Total Equity | 40.43B | 41.16B | 42.55B | 51.3B | 43.45B | 68.91B | 67.2B | 67.43B | 57.31B | 65.71B | 76.86B | 90.21B | 107.27B | 101.11B | 99B | 110.92B | 113.67B | 98.08B | 62.73B | 106.22B | 109.45B | 86.69B | 80.81B | 70.22B | 60.46B | 54.35B | 48.79B | 34.2B | 30.52B | 24.4B | 22.44B |
| Equity Growth % | -21.15% | -3.26% | -17.06% | 18.06% | -36.94% | 2.55% | -0.34% | 17.66% | -12.78% | -14.51% | -14.8% | -15.91% | 6.09% | 2.13% | -10.74% | -2.43% | 15.9% | 56.36% | -40.95% | -2.95% | 26.26% | 7.28% | 15.07% | 16.15% | 11.23% | 11.41% | 42.64% | 12.05% | 25.09% | 8.72% | 10.96% |
| Shareholders Equity | 40.41B | 41.14B | 42.52B | 45.35B | 40.97B | 65.96B | 66.36B | 65.67B | 56.36B | 65.17B | 76.3B | 89.66B | 106.9B | 100.47B | 98B | 101.54B | 85.32B | 69.82B | 52.71B | 95.8B | 101.68B | 86.5B | 80.61B | 70.03B | 58.3B | 52.15B | 47.44B | 33.31B | 30.12B | 24B | 22.04B |
| Minority Interest | 24M | 23M | 29M | 5.95B | 2.48B | 2.96B | 837M | 1.75B | 948M | 537M | 558M | 552M | 374M | 641M | 1B | 9.38B | 28.35B | 28.25B | 10.02B | 10.42B | 7.78B | 186M | 199M | 192M | 2.15B | 2.2B | 1.35B | 895M | 400M | 400M | 400M |
| Retained Earnings | 37.7B | 37.19B | 35.08B | 37.52B | 34.89B | 23.79B | 15.5B | 23.08B | 20.88B | 21.46B | 28.71B | 30.94B | 29.77B | 22.96B | 14.18B | 14.33B | -3.47B | -11.49B | -12.37B | 89.03B | 85B | 72.33B | 64.39B | 60.96B | 52.27B | 47.22B | 34.3B | 31.04B | 27.11B | 22.92B | 20.42B |
| Common Stock | 4.77B | 4.77B | 4.77B | 4.77B | 4.77B | 4.77B | 4.77B | 4.77B | 4.77B | 4.77B | 4.77B | 4.77B | 4.77B | 4.77B | 4.77B | 4.77B | 368M | 354M | 7.37B | 6.88B | 6.88B | 6.88B | 6.88B | 6.88B | 6.88B | 6.88B | 6.19B | 4.15B | 3.28B | 1.9B | 1.27B |
| Accumulated OCI | -5.71B | -4.99B | -7.1B | -14.04B | -22.62B | 6.69B | 13.51B | 4.98B | -1.41B | 5.46B | 3.23B | 2.54B | 10.62B | 6.36B | 12.57B | 6.48B | 7.62B | 5.69B | -6.33B | 4.64B | 9.11B | 6.97B | 9.59B | 4.24B | 691M | -1.73B | -2.14B | -2.1B | -10M | -1.18B | 885.1M |
| Return on Equity (ROE) | 7.7% | 7.4% | -2.99% | 7.69% | 18.2% | 15.23% | -8.83% | 5.37% | -0.01% | -8.54% | -1.02% | 2.22% | 7.23% | 9.08% | 3.28% | 18.36% | 7.35% | -13.62% | -117.54% | 5.75% | 14.32% | 12.51% | 13.22% | 12.4% | 10.22% | 10.66% | 16% | 19.11% | 15.59% | 15.84% | 13.58% |
| Return on Assets (ROA) | 1.94% | 1.92% | -0.4% | 0.69% | 1.83% | 1.75% | -1.07% | 0.66% | -0% | -1.22% | -0.17% | 0.43% | 1.42% | 1.67% | 0.62% | 3.41% | 1.03% | -1.28% | -10.34% | 0.61% | 1.53% | 1.27% | 1.36% | 1.31% | 1.11% | 1.38% | 2.31% | 2.67% | 2.39% | 2.38% | 2.05% |
| Equity / Assets | 25.03% | 25.53% | 26.38% | 9.51% | 8.32% | 11.56% | 11.46% | 12.84% | 11.65% | 13.19% | 15.43% | 18.16% | 20.81% | 18.68% | 18.05% | 20.06% | 17.29% | 11.57% | 7.29% | 10.02% | 11.18% | 10.16% | 10.12% | 10.42% | 10.77% | 11.02% | 15.91% | 12.75% | 15.7% | 14.88% | 15.12% |
| Debt / Equity | 0.22x | 0.22x | 0.21x | 0.21x | 0.63x | 0.44x | 0.56x | 0.52x | 0.60x | 0.48x | 0.40x | 0.32x | 0.29x | 0.41x | 0.49x | 0.68x | 0.94x | 1.44x | 3.08x | 1.66x | 1.36x | 1.25x | 1.18x | 1.12x | 1.19x | 1.21x | 1.11x | 0.96x | 1.05x | 1.04x | 1.05x |
| Book Value per Share | 74.56 | 72.18 | 64.74 | 70.74 | 55.15 | 79.68 | 77.30 | 75.80 | 62.97 | 70.61 | 70.44 | 67.60 | 74.11 | 68.26 | 58.68 | 61.64 | 831.86 | 724.74 | 476.23 | 817.73 | 834.58 | 659.98 | 612.86 | 532.59 | 447.29 | 410.20 | 369.87 | 258.12 | 261.89 | 210.99 | 225.00 |
| Tangible BV per Share | 68.26 | 62.46 | 56.46 | 62.65 | 33.85 | 62.83 | 72.62 | 71.26 | 58.48 | 68.90 | 69.04 | 66.39 | 73.10 | 67.27 | 57.81 | 60.88 | 822.10 | 678.97 | 423.45 | 745.26 | 768.79 | 598.37 | 547.63 | 474.70 | 357.34 | 364.15 | 369.87 | 258.12 | 261.89 | 210.99 | 225.00 |
Long-tail casualty reserve volatility
As reported in financial statements, AIG's total assets declined from $544.1 billion in 2024Q1 to $161.5 billion by 2026Q1, a structural shift primarily driven by the deconsolidation of Corebridge Financial that fundamentally alters the firm's capital intensity and risk profile moving forward.
The significant reduction in total assets and liabilities reflects the successful execution of the company's strategic pivot toward a pure-play P&C model. Investors should monitor whether this smaller, more focused balance sheet can maintain sufficient scale to support the global multinational infrastructure that underpins AIG's competitive moat.
Based on recent quarterly filings, AIG reported claims and loss reserves of $3.5 billion in 2026Q1, a figure that warrants close scrutiny given the historical volatility of the firm's long-tail casualty lines and the ongoing impact of social inflation on legal settlement costs.
The fluctuation in loss reserves suggests that the company remains exposed to the inherent uncertainty of complex commercial litigation. Analysts should interpret these reserve levels as estimates that may be subject to future adjustments, particularly if the current legal environment continues to drive higher-than-anticipated claim severities.
According to the latest balance sheet data, equity has remained relatively stable near $40.4 billion as of 2026Q1, suggesting that management has successfully preserved capital buffers despite the significant organizational restructuring and ongoing share repurchase programs executed throughout the deconsolidation process.
The stability of the equity base appears to indicate a disciplined approach to capital management during a period of intense corporate change. This capital position may provide the necessary flexibility for the firm to navigate potential underwriting volatility while continuing to return value to shareholders.
As indicated by industry-wide litigation trends, AIG's reliance on high-limit excess casualty lines presents a non-obvious risk, as the potential for reserve deficiencies in these long-tail segments could retroactively erode the underwriting gains achieved through recent portfolio remediation efforts, according to historical actuarial data.
While current underwriting metrics appear favorable, the market may be underestimating the sensitivity of these long-tail reserves to shifts in the U.S. legal environment. Investors should monitor for any signs of adverse development that could signal that past underwriting decisions were less profitable than current accounting estimates suggest.
Quick answers to the most common questions about buying AIG stock.
As of 2025, American International Group, Inc. (AIG) had total assets of $161.25B including $87.61B in current assets.
American International Group, Inc. (AIG) carries total debt of $9.19B, offset by $38.41B in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
American International Group, Inc. (AIG) has total shareholders' equity (book value) of $41.14B ($72.18 book value per share). Book value represents the net worth of the company belonging to common stock holders.
American International Group, Inc. (AIG) reported a current ratio of 0.85x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.