Business

AIG's Remarkable Turnaround: Q2 Net Income Skyrockets to $1.14B from a $4B Loss

AIG's Financial Triumph in Q2 2025

In a stunning reversal of fortune, American International Group Inc. (AIG) reported a net income attributable to common shareholders of $1.14 billion for the second quarter of fiscal 2025. This marks a significant recovery from the $4 billion net loss recorded in the same period the previous year.

Earnings Per Share Soar

The company's diluted earnings per share from continued operations leaped to $1.98, a dramatic improvement from the loss of $5.96 per share in 2024. CEO Peter Zaffino highlighted the quarter's success, attributing it to higher underwriting income, increased net investment income, and disciplined capital management.

Market Reaction

Despite the positive news, AIG's shares experienced a slight dip of 1.34% in after-hours trading, settling at $78 per share.