AIG Q1 net premiums written rise 24%, boosts dividend 11%

American International

30/04/2026 21:24

Overview

US insurance giant's Q1 net premiums written rose 24% yr/yr to $5.6 bln

Adjusted after-tax income per share up 80% yr/yr, driven by higher underwriting income

Company raised quarterly dividend by 11% to $0.50 per share

Outlook

AIG raises quarterly dividend to $0.50 per share, up 11% from prior dividend

Company says it remains on track to meet or exceed financial objectives set at March 2025 Investor Day

AIG says it is confident in ability to deliver disciplined, profitable growth amid complex global risk landscape

Result Drivers

UNDERWRITING IMPROVEMENT - Co said Q1 underwriting income more than tripled, driven by lower catastrophe-related charges, improved accident year results, and higher favorable prior year development

PREMIUM GROWTH - Net premiums written rose 24% yr/yr, primarily due to strategic transactions, reinsurance program changes, and organic growth in targeted areas

HIGHER GENERAL INSURANCE INVESTMENT INCOME - Net investment income in General Insurance rose 17% yr/yr, supporting adjusted pre-tax income growth

Company press release: ID:nBw7kvFZKa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Premiums Written
$5.60 bln
Q1 EPS
$1.41
Q1 Net Income
$763 mln
Q1 ROE
7.50%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 14 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy."

Wall Street's median 12-month price target for American International Group Inc is $85.00, about 15.2% above its April 29 closing price of $73.79

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)