AIG
Compare AIG…Post-Corebridge-spinoff commercial insurer; refocused on P&C + Lloyd's; ~$27B 2024 revenue; rebuilt from 2008 brink under Peter Zaffino.
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AIGPost-Corebridge-spinoff commercial insurer; refocused on P&C + Lloyd's; ~$27B 2024 revenue; rebuilt from 2008 brink under Peter Zaffino.
Following the Corebridge Financial (life & retirement) spin-off in 2022-2024, AIG is now a pure-play P&C insurer. General Insurance segment splits between Commercial Lines (large/middle market, specialty) and Global Personal (warranty, accident & health, travel). Commercial dominates and is the strategic focus under Peter Zaffino.
2020 — 2024
Source: AIG 10-K — General Insurance segment, net premiums written (FY 2020-2024) (Updated: 2025-02)
The big AIG restructuring story 2018-2024: divestiture of the life & retirement business (Corebridge, formerly AIG L&R). IPO in Sept 2022 with AIG retaining majority; subsequent secondary offerings dropped AIG's stake to ~22.5% by mid-2024 leading to deconsolidation. Revenue collapse is structural — the remaining business is smaller, simpler, more profitable.
2018 — 2024
Source: AIG 10-K consolidated income statements (FY 2018-2024) (Updated: 2025-02)
Quarterly breakdown of revenue by product line and service category
2019-Q4 — 2024-Q3
Data from SEC filings via FMP • 47 periods available