AIG Q1 net income $1.74/sh, adjusted $1.77/sh; dividend up 11% to $0.40; buyback auth to $10B

AMERICAN INTERNATIONAL GROUP, INC.

2024-Q1 EPS reported $1.74 revenue$12,578,000,000

Net income per diluted share $1.74; adjusted after-tax income per diluted share $1.77.
General Insurance underwriting income $596M, up 19% YoY; combined ratio 89.8% (up 2.1 pts).
Board declared $0.40/share quarterly dividend, an 11% increase; second consecutive year of 10%+ hike.
Executed ~$3B of capital management in Q1, incl. $1.7B stock repurchases and $459M debt repayment.
Board increased share repurchase authorization to $10.0B effective May 1, 2024.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

AMERICAN INTERNATIONAL GROUP, INC. reported the quarter ended March 31, 2024 results: EPS Net income per diluted share was $1.74.

Period: the quarter ended March 31, 2024
EPS: Net income per diluted share was $1.74
Result: reported results

Exact text from the filing

On May 1, 2024, American International Group, Inc. (the “Company”) issued a press release (the “Press Release”) reporting its results for the quarter ended March 31, 2024.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

AMERICAN INTERNATIONAL GROUP, INC. filing history →

Source: SEC EDGAR

accession 0000005272-24-000047

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