earnings
confidence high
sentiment positive
materiality 0.70
AIG reports Q4 2023 adjusted EPS $1.79; full-year adjusted EPS $6.79 up 33%; declares $0.36 dividend
AMERICAN INTERNATIONAL GROUP, INC.
2023-FY EPS reported
$4.98
revenue$46,802,000,000
- Q4 net income per diluted share $0.12; adjusted after-tax income per diluted share $1.79 (non-GAAP).
- General Insurance combined ratio improved 80 bps YoY to 89.1%; accident year combined ratio 87.9%.
- Life & Retirement Q4 adjusted pre-tax income $957M, up 12% YoY; full-year $3.8B up 15%.
- Board declared $0.36/share common dividend; returned $1.3B to shareholders in Q4 via buybacks & dividends.
- Full-year adjusted EPS $6.79 up 33% YoY; adjusted ROCE 9.0%; 2023 strategic progress includes Validus Re divestiture.