American International Group, Inc. (AIG) reported second-quarter 2024 adjusted earnings per share of $1.16, which missed the Zacks Consensus Estimate by 16.6%. However, the bottom line improved 9.4% year over year.Operating revenues amounted to $6.6 billion, which declined 11.8% year over year. However, the top line significantly missed the consensus mark.The weaker-than-expected results were caused by an increase in catastrophe losses and higher general operating and other expenses. This was partially offs ...

Second Quarter 2024 Financial Results Presentation July 31, 2024 Copyright ® 2024 by American International Group, Inc. All rights reserved. No part of this document may be reproduced, republished or reposted without the permission of AIG. Q2 2024 Earnings Key Themes • Exceptional second quarter financial and operational performance across all of AIG • Delivered outstanding underwriting results, inclusive of catastrophes, with continued expense discipline • Global Commercial had an excellent quarter with st ...

American International Group, Inc. (NYSE:AIG) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Quentin McMillan - VP, Managing Director & Head of IR Peter Zaffino - Chairman & CEO Sabra Purtill - EVP & CFO| Don Bailey - EVP & CEO, North America Insurance Jon Hancock - EVP & CEO, International Insurance Conference Call Participants Michael Zaremski - BMO Capital Markets Meyer Shields - KBW Elyse Greenspan - Wells Fargo Securities Rob Cox - Goldman Sachs Mike Ward - Citigroup Op ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 —————————— FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-8787 American International Group, Inc. (Exact name of registrant as specified in its charter) Delaware 13-2592361 (State or other ...

For the quarter ended June 2024, American International Group (AIG) reported revenue of $6.64 billion, down 49.5% over the same period last year. EPS came in at $1.16, compared to $1.75 in the year-ago quarter.The reported revenue represents a surprise of -45.73% over the Zacks Consensus Estimate of $12.23 billion. With the consensus EPS estimate being $1.39, the EPS surprise was -16.55%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...

American International Group (AIG) came out with quarterly earnings of $1.16 per share, missing the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -16.55%. A quarter ago, it was expected that this insurer would post earnings of $1.66 per share when it actually produced earnings of $1.77, delivering a surprise of 6.63%.Over the last four quarters, ...

Press Release Contacts: www.aig.com Quentin McMillan (Investors): quentin.mcmillan@aig.com Claire Talcott (Media): claire.talcott@aig.com AIG Reports Exceptional Second Quarter 2024 Results Second Quarter 2024 Results Reflect the Successful Corebridge Financial Deconsolidation † † ■ General Insurance net premiums written (NPW) of $6.9 billion, a decrease of 8% on a reported basis, and an increase of 7% on a comparable basis* led by North America Commercial with 10% growth ■ Produced record Commercial Lines ...

American International Group, Inc. (AIG) is set to report its second-quarter 2024 results on Jul 31, after the closing bell.The Zacks Consensus Estimate for second-quarter earnings is currently pegged at $1.39 per share, implying a decrease of 20.6% from the year-ago reported number. The estimate was revised downward by four analysts in the past month against one movement in the opposite direction, resulting in a decrease of 21.9% from $1.78 per share. The Zacks Consensus Estimate for second-quarter revenue ...

Analysts on Wall Street project that American International Group (AIG) will announce quarterly earnings of $1.39 per share in its forthcoming report, representing a decline of 20.6% year over year. Revenues are projected to reach $12.23 billion, declining 6.9% from the same quarter last year.Over the last 30 days, there has been a downward revision of 4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ini ...

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