AIG(US:AIG)2025-11-05 17:43Financial Performance - Total revenues for Q3 2025 were $6,351 million, a decrease of 5.9% compared to $6,751 million in Q3 2024[8] - Net income attributable to AIG for Q3 2025 was $519 million, up from $459 million in Q3 2024, representing a 13.1% increase[8] - Basic income per common share attributable to AIG common shareholders was $0.94 for Q3 2025, compared to $0.72 for Q3 2024, reflecting a 30.6% increase[8] - Comprehensive income attributable to AIG for Q3 2025 was $1,021 million, compared to $2,302 million in Q3 2024, a decrease of 55.6%[10] - Net income for the nine months ended September 30, 2025, was $2,366 million, a significant improvement compared to a net loss of $1,827 million for the same period in 2024[15] Investment Income - Total net investment income for Q3 2025 was $772 million, down from $973 million in Q3 2024, a decline of 20.7%[8] - The company reported net realized losses of $490 million in Q3 2025, compared to net realized losses of $167 million in Q3 2024[8] - The company reported unrealized gains in earnings of $537 million for the nine months ended September 30, 2025[15] Expenses and Losses - Losses and loss adjustment expenses incurred in Q3 2025 were $3,391 million, a decrease of 10.1% from $3,773 million in Q3 2024[8] - Total benefits, losses, and expenses for Q3 2025 were $5,637 million, down from $6,102 million in Q3 2024, a decrease of 7.6%[8] - The company experienced a net loss on sales of securities available for sale and other assets amounting to $539 million for the nine months ended September 30, 2025[15] Cash Flow and Equity - Cash flows from operating activities for continuing operations were $2,678 million for the nine months ended September 30, 2025, compared to $3,252 million in 2024[15] - Total cash and restricted cash at the end of the period was $1,594 million, slightly up from $1,559 million at the end of September 2024[17] - AIG's total equity at the end of the period was $41,117 million, a decrease from $45,073 million at the end of September 2024[13] Stock and Dividends - The company declared dividends on common stock of $0.45 per share for Q3 2025, up from $0.40 per share in Q3 2024[12] - Dividends on common stock were $734 million for the nine months ended September 30, 2025, compared to $758 million in 2024[15] - Common stock purchases totaled $5,252 million in the nine months ended September 30, 2025, compared to $4,830 million in the same period of 2024[15] Debt and Financing - The company issued long-term debt amounting to $1,241 million during the nine months ended September 30, 2025[15] - AIG's cash paid for interest during the period was $268 million, down from $581 million in the previous year[17]