secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN INTERNATIONAL GROUP, INC. (AIG)
CIK:        0000005272
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000005272-24-000075
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AIG Q2 2024: Net loss $5.96/sh due to Corebridge deconsolidation; adj. EPS $1.16, up 9%
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- Net loss per diluted share $5.96 vs prior-year income $2.03; adjusted after-tax income per diluted share $1.16, +9% YoY (+38% comparable basis).
- General Insurance NPW $6.9B, down 8% reported, up 7% on comparable basis; record Commercial Lines new business $1.3B (+18%).
- Accident year combined ratio as adjusted 87.6%, improved 40 bps YoY (170 bps comparable); cat loss ratio 5.7 points.
- Board declares $0.40/share dividend; Q2 share repurchases $1.7B, H1 total $3.3B.
- Completed Corebridge deconsolidation, advancing multi-year strategy to reposition AIG.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/5272/000000527224000075/0000005272-24-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/5272/000000527224000075/aig-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000005272-24-000075

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