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Global commercial property-casualty insurer offering liability, property and specialty coverage to businesses worldwide.
Global commercial property-casualty insurer offering liability, property and specialty coverage to businesses worldwide.
Earns premiums on commercial property, liability and specialty cover, sold mostly through brokers, and invests them until claims are paid. It is now almost purely a commercial insurer: after the 2008 US government rescue it sold many businesses, and in 2024 it deconsolidated Corebridge, its life and retirement arm, which it has been selling down since 2022.
Moat: narrow (scale, brand, underwriting data). Global underwriting franchise and broker ties built over a century, though P&C pricing is competitive.
Headquarters: New York, US · Founded: 1919 · Employees: 22,100
Size American International (AIG) is a United States Financials company (Multi-Line Insurance) with a market value of $40.7B, the 295th largest of 3,117 United States companies the cockpit tracks. Shares closed at $77.75 on 6 Nov 2026.
Performance Over six months the shares gained 2.5%, against +15.5% for the median peer and -1.1% for the United States market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 1.2% over the last twelve months (peer median +9.6%); the operating margin is 17.5% (peer median 16.8%).
Valuation It trades at 1.04× book value against a peer median of 1.78× (3rd cheapest of 21).
Price implies The share price implies a return on equity of about 7.5%; American International delivers 8.2%, so the price asks less than the business earns today.
Credit American International has 19 bonds outstanding ($9.50B), rated A- by the agencies and trading like A- at a weighted spread of 86 bp.
Short interest Short interest is 2.0% of the free float (15 Oct 2026).
Next results Next results expected around 16 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $27.7B | $26.8B | $27.3B | $27.9B | $55.4B |
| Revenue growth | — | -2% | -2% | -50% | — |
| Net income | $3.29B | $3.10B | $3.35B | $3.64B | $10.2B |
| Free cash flow | $5.20B | $3.31B | $3.27B | $6.24B | $4.13B |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Total debt | $10.4B | $10.0B | $9.79B | $11.3B | $28.3B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| American International AIG | $40.7B | +2% | +1% | 8% | 1.04× | 7.5% |
| Chubb CB | $139B | +15% | +6% | 15% | 1.91× | 9.4% |
| Travelers Companies (The) TRV | $81.0B | +33% | +1% | 28% | 2.79× | 13.9% |
| Hartford (The) HIG | $35.8B | +1% | +4% | 23% | 1.94× | 11.3% |
| Zurich Insurance ZURN.SW | $114B | +16% | +19% | 26% | 3.67× | 11.2% |
| Allianz ALV.DE | $192B | +19% | +21% | 21% | 2.98× | 16.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | AIG | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.9% | +3.3% | 6th lowest of 21 |
| 6-month return | +2.5% | +15.5% | 5th lowest of 21 |
| Return on equity | 8.2% | 16.3% | 3rd lowest of 21 |
| Price / book | 1.04× | 1.78× | 3rd cheapest of 21 |
| Trailing P/E | 12.7× | 11.3× | 10th most expensive of 21 |
| ROE the price implies | 7.5% | 10.9% | 7th least demanding of 21 |
| ROE delivered | 8.2% | 16.3% | 3rd lowest of 21 |
| Bond spread | 86 bp | 79 bp | 5th widest of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| American International AIG | United States | $40.7B | +2% | +1% | 8% | 1.04× | 7.5% | 8.2% |
| Power Corporation of Canada POW.TO | Canada | $40.7B | +16% | +10% | 11% | 2.42× | 15.9% | 11.0% |
| Sun Life Financial SLF.TO | Canada | $40.1B | +7% | -1% | 13% | 2.38× | 13.7% | 13.5% |
| Sompo 8630.T | Japan | $39.6B | +17% | +41% | 15% | 1.14× | 6.2% | 14.6% |
| China Pacific Insurance (Group) 2601.HK | Hong Kong | $42.5B | -22% | +9% | 14% | 0.69× | 8.4% | 14.4% |
| Ms&ad Ins Gp Hldgs 8725.T | Japan | $44.4B | +22% | +21% | 17% | 1.07× | 6.9% | 16.6% |
| People's Insurance Co. (Group) of China 601319.SS | China | $44.4B | +1% | +4% | 10% | 0.96× | 6.0% | 9.7% |
| Arch Capital ACGL | United States | $36.6B | +14% | -5% | 19% | 1.58× | 8.3% | 18.7% |
| Swiss Re SREN.SW | Switzerland | $50.6B | +27% | -12% | 20% | 2.27× | 6.1% | 20.4% |
| Prudential plc Sponsored ADR PUK | United States | $31.7B | -21% | +39% | 19% | 1.56× | 11.4% | 19.2% |
| Prudential 2378.HK | Hong Kong | $30.8B | -24% | +30% | 19% | 1.54× | 11.3% | 19.3% |
| Aviva AV..L | United Kingdom | $29.5B | +18% | +86% | 7% | 2.46× | 23.8% | 6.8% |
| Great-West Lifeco GWO.TO | Canada | $57.4B | +18% | +4% | 16% | 3.02× | 15.7% | 16.0% |
| Cincinnati Financial CINF | United States | $28.5B | +15% | +10% | 17% | 1.76× | 10.6% | 16.9% |
| W. R. Berkley WRB | United States | $27.9B | +16% | +1% | 19% | 2.91× | 12.8% | 19.2% |
| Helvetia Baloise HBAN.SW | Switzerland | $27.0B | +5% | +54% | 4% | 1.80× | 4.8% | 4.0% |
| Aflac AFL | United States | $62.2B | +10% | +14% | 17% | 2.06× | 12.5% | 16.9% |
| MetLife MET | United States | $62.4B | +27% | +9% | 13% | 2.28× | 16.2% | 13.2% |
| Fubon Financial Hldg 2881.TW | Taiwan | $62.7B | +66% | +12% | 16% | 1.66× | 7.4% | 16.0% |
| Allstate ALL | United States | $64.4B | +20% | +6% | 46% | 2.04× | 9.9% | 46.1% |
| Unipol Assicurazioni UNI.MI | Italy | $23.8B | +13% | +7% | 17% | 1.62× | 14.9% | 16.9% |
American International has 19 bonds outstanding with $9.50B face value. The agencies rate it A-; its bonds trade like A-. Weighted yield 5.54%, a spread of 86 bp over government bonds.