← Filings of AIG
Tables in the 10-Q of AMERICAN INTERNATIONAL GROUP, INC.
111 tables with numbers, filed Nov 4, 2026. Each one downloads as a CSV for Excel or
Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed.
Open the filing on sec.gov ↗
| Item Number | Description | | Page |
| Part I – Financial Information | | | |
| ITEM 1 | Financial Statements | 2 | |
| Note 1. | Basis of Presentation | 8 |
| Note 2. | Summary of Significant Accounting Policies | 9 |
| Note 3. | Segment Information | 9 |
| Note 4. | Fair Value Measurements | 12 |
| Note 5. | Investments | 19 |
First 8 of 40 rows. The CSV has all of them.
| (in millions, except for share data) | September 30, 2026 | December 31, 2025 | | | |
| Assets: | | | | | |
| Investments: | | | | | |
| Fixed maturity securities: | | | | | |
| Bonds available for sale, at fair value, net of allowance for credit losses of $24 in 2026 and $37 in 2025 (amortized cost: 2026 - $74,858; 2025 - $71,772) | $71,642 | | $71,032 | | |
| Other bond securities, at fair value | | 649 | | | 741 |
| Equity securities, at fair value | | 1,058 | | | 502 |
| Mortgage and other loans receivable, net of allowance for credit losses of $37,724 in 2026 and $37,747 in 2025 | | 2,298 | | | 2,887 |
First 8 of 47 rows. The CSV has all of them.
| Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | | | |
| (dollars in millions, except per common share data) | | 2026 | | 2025 | | | 2026 | | 2025 | |
| Revenues: | | | | | | | | | | |
| Premiums | $6,453 | | $6,073 | | | $18,746 | | $17,720 | | |
| Net investment income: | | | | | | | | | | |
| Net investment income - excluding Fortitude Re funds withheld assets | | 1,084 | | | 743 | | | | 2,864 | 3,235 |
| Net investment income - Fortitude Re funds withheld assets | | 16 | | | 29 | | | | 75 | 108 |
| Total net investment income | | 1,100 | | | 772 | | | | 2,939 | 3,343 |
First 8 of 34 rows. The CSV has all of them.
| Three Months Ended | | Nine Months Ended | | | | | | | |
| September 30, | | September 30, | | | | | | | |
| (in millions) | | 2026 | | 2025 | | | 2026 | | 2025 | |
| Net income | $849 | | $524 | | | $2,560 | | $2,366 | | |
| Other comprehensive income (loss), net of tax | | | | | | | | | | |
| Change in unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken | | 4 | | | — | | | | 4 | (2) |
| Change in unrealized appreciation (depreciation) of all other investments | | (1,960) | | | 547 | | | | (2,468) | 1,464 |
| Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts | | 12 | | | 5 | | | | 21 | 12 |
First 8 of 14 rows. The CSV has all of them.
| (in millions, except per share data) | Common Stock | | Treasury Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Total AIG Share- holders' Equity | Non- redeemable Non- controlling Interests | | Total Equity | | | | | | |
| Three Months Ended September 30, 2026 | | | | | | | | | | | | | | | | |
| Balance, beginning of period | $4,766 | | $(72,283) | $75,341 | $38,388 | | $(5,606) | | $40,606 | | $20 | | $40,626 | | | |
| Common stock issued under stock plans | | — | | 41 | | (4) | | | — | | | — | | 37 | — | 37 |
| Purchase of common stock | | — | | (532) | | — | | | — | | | — | | (532) | — | (532) |
| Net income attributable to AIG or noncontrolling interests | | — | | — | | — | | | 844 | | | — | | 844 | 5 | 849 |
| Dividends on common stock ($0.50 per share) | | — | | — | | — | | | (260) | | | — | | (260) | — | (260) |
| Other comprehensive loss | | — | | — | | — | | | — | | | (1,848) | | (1,848) | — | (1,848) |
First 8 of 19 rows. The CSV has all of them.
| Nine Months Ended September 30, 2026 | | | | | | | | | | | | | | |
| Balance, beginning of year | $4,766 | | $(71,199) | $75,373 | $37,186 | | $(4,987) | $41,139 | $23 | | $41,162 | | | |
| Common stock issued under stock plans | | — | | 129 | | (160) | | — | | — | | (31) | — | (31) |
| Purchase of common stock | | — | | (1,704) | | — | | — | | — | | (1,704) | — | (1,704) |
| Net income attributable to AIG or noncontrolling interests | | — | | — | | — | | 2,555 | | — | | 2,555 | 5 | 2,560 |
| Dividends on common stock ($1.45 per share) | | — | | — | | — | | (764) | | — | | (764) | — | (764) |
| Other comprehensive loss | | — | | — | | — | | — | | (2,467) | | (2,467) | — | (2,467) |
| Distributions to noncontrolling interests | | — | | — | | — | | — | | — | | — | (4) | (4) |
First 8 of 20 rows. The CSV has all of them.
| Nine Months Ended September 30, | | | | |
| (in millions) | | 2026 | | 2025 | |
| Cash flows from operating activities: | | | | | |
| Net income | $2,560 | | $2,366 | | |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | | | | | |
| Noncash revenues, expenses, gains and losses included in income (loss): | | | | | |
| Net losses on sales of securities available for sale and other assets | | 406 | | | 539 |
| Net (gain) loss on divestitures and other | | 133 | | | (53) |
First 8 of 51 rows. The CSV has all of them.
Table 8 after “Supplementary Disclosure of Condensed Consolidated Cash Flow Information”
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| Nine Months Ended September 30, | | |
| (in millions) | 2026 | 2025 | |
| Cash | $1,724 | | $1,589 |
| Restricted cash included in Short-term investments* | 56 | | 3 |
| Restricted cash included in Other assets* | 7 | | 2 |
| Total cash and restricted cash shown in the Condensed Consolidated Statements of Cash Flows | $1,787 | | $1,594 |
| Cash paid during the period for: | | | |
| Interest | $273 | | $268 |
First 8 of 11 rows. The CSV has all of them.
Table 9 after “The following table presents AIG’s operations by segment:”
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| Three Months Ended September 30, 2026 | | | | | | | | | | | | | | |
| (in millions) | Net Premiums Written | Net Premiums Earned | Lossesand LossAdjustmentExpensesIncurred(a) | Amortizationof DAC(a) | OtherAcquisitionExpenses(a) | GeneralOperatingExpenses(a)(b) | Underwriting Income (Loss) | Net Investment Income | Reconciliation to Pre-tax Income (Loss) | | | | | |
| North America Commercial | $2,481 | | $2,362 | | $1,641 | | $242 | | $54 | | $258 | $167 | | |
| International Commercial | 2,387 | | 2,407 | | 1,388 | | 324 | | 92 | | 320 | 283 | | |
| Global Personal | 1,783 | | 1,666 | | 874 | | 362 | | 96 | | 220 | 114 | | |
| Total General Insurance(c) | $6,651 | | $6,435 | | $3,903 | | $928 | | $242 | | $798 | $564 | $1,032 | $1,586 |
| Interest expense | | | | | | | | — | | (101) | | | | |
| Other Operations | | | | | | | | 45 | | (40) | | | | |
First 8 of 23 rows. The CSV has all of them.
| Three Months Ended September 30, 2025 | | | | | | | | | | | | | | |
| (in millions) | Net Premiums Written | Net Premiums Earned | Lossesand LossAdjustmentExpensesIncurred(a) | Amortizationof DAC(a) | OtherAcquisitionExpenses(a) | GeneralOperatingExpenses(a)(b) | Underwriting Income (Loss) | Net Investment Income | Reconciliation to Pre-tax Income (Loss) | | | | | |
| North America Commercial | $2,435 | | $2,198 | | $1,303 | | $221 | | $44 | | $246 | $384 | | |
| International Commercial | 2,115 | | 2,188 | | 1,167 | | 285 | | 96 | | 310 | 330 | | |
| Global Personal | 1,680 | | 1,654 | | 909 | | 345 | | 97 | | 224 | 79 | | |
| Total General Insurance(c) | $6,230 | | $6,040 | | $3,379 | | $851 | | $237 | | $780 | $793 | $945 | $1,734 |
| Interest expense | | | | | | | | — | | (100) | | | | |
| Other Operations | | | | | | | | 77 | | (14) | | | | |
First 8 of 24 rows. The CSV has all of them.
| Nine Months Ended September 30, 2026 | | | | | | | | | | | | | | |
| (in millions) | Net Premiums Written | Net Premiums Earned | Lossesand LossAdjustmentExpensesIncurred(a) | Amortizationof DAC(a) | OtherAcquisitionExpenses(a) | GeneralOperatingExpenses(a)(b) | Underwriting Income (Loss) | Net Investment Income | Reconciliation to Pre-tax Income (Loss) | | | | | |
| North America Commercial | $7,211 | | $6,939 | | $4,472 | | $703 | | $160 | | $738 | $866 | | |
| International Commercial | 7,425 | | 6,866 | | 3,978 | | 906 | | 279 | | 942 | 761 | | |
| Global Personal | 5,130 | | 4,878 | | 2,567 | | 1,031 | | 256 | | 627 | 397 | | |
| Total General Insurance(c) | $19,766 | | $18,683 | | $11,017 | | $2,640 | | $695 | | $2,307 | $2,024 | $2,767 | $4,760 |
| Interest expense | | | | | | | | — | | (300) | | | | |
| Other Operations | | | | | | | | 133 | | (108) | | | | |
First 8 of 26 rows. The CSV has all of them.
| Nine Months Ended September 30, 2025 | | | | | | | | | | | | | | |
| (in millions) | Net Premiums Written | Net Premiums Earned | Lossesand LossAdjustmentExpensesIncurred(a) | Amortizationof DAC(a) | OtherAcquisitionExpenses(a) | GeneralOperatingExpenses(a)(b) | Underwriting Income (Loss) | Net Investment Income | Reconciliation to Pre-tax Income (Loss) | | | | | |
| North America Commercial | $6,472 | | $6,455 | | $4,169 | | $654 | | $137 | | $681 | $814 | | |
| International Commercial | 6,467 | | 6,363 | | 3,515 | | 799 | | 274 | | 905 | 870 | | |
| Global Personal | 4,697 | | 4,869 | | 2,889 | | 1,069 | | 259 | | 674 | (22) | | |
| Total General Insurance(c) | $17,636 | | $17,687 | | $10,573 | | $2,522 | | $670 | | $2,260 | $1,662 | $2,552 | $4,201 |
| Interest expense | | | | | | | | — | | (292) | | | | |
| Other Operations | | | | | | | | 273 | | 13 | | | | |
First 8 of 27 rows. The CSV has all of them.
Table 13 after “The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of”
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| September 30, 2026 | | Level 1 | | Level 2 | | Level 3 | CounterpartyNetting(a) | Cash Collateral | | Total | | | |
| (in millions) | | | | | | | | | | | | | |
| Assets: | | | | | | | | | | | | | |
| Bonds available for sale: | | | | | | | | | | | | | |
| U.S. government and government sponsored entities | $586 | | $3,038 | | $— | | $— | | $— | | $3,624 | | |
| Obligations of states, municipalities and political subdivisions | | — | | | 2,325 | | | 4 | | | — | — | 2,329 |
| Non-U.S. governments | | 232 | | | 5,941 | | | — | | | — | — | 6,173 |
| Corporate debt | | — | | | 38,249 | | | 34 | | | — | — | 38,283 |
First 8 of 30 rows. The CSV has all of them.
Table 14 after “The following table presents information about assets and liabilities measured at fair value on a recurring basis and indicates the level of”
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| December 31, 2025 | | Level 1 | | Level 2 | | Level 3 | CounterpartyNetting(a) | Cash Collateral | | Total | | | |
| (in millions) | | | | | | | | | | | | | |
| Assets: | | | | | | | | | | | | | |
| Bonds available for sale: | | | | | | | | | | | | | |
| U.S. government and government sponsored entities | $209 | | $3,089 | | $— | | $— | | $— | | $3,298 | | |
| Obligations of states, municipalities and political subdivisions | | — | | | 2,771 | | | 4 | | | — | — | 2,775 |
| Non-U.S. governments | | 66 | | | 6,427 | | | 23 | | | — | — | 6,516 |
| Corporate debt | | — | | | 37,122 | | | 113 | | | — | — | 37,235 |
First 8 of 20 rows. The CSV has all of them.
| December 31, 2025 | | Level 1 | | Level 2 | | Level 3 | CounterpartyNetting(a) | Cash Collateral | | Total | | | |
| (in millions) | | | | | | | | | | | | | |
| Equity securities(b) | | 446 | | | 1 | | | 55 | | | — | — | 502 |
| Other invested assets (c) | | 1,512 | | | 143 | | | 92 | | | — | — | 1,747 |
| Derivative assets(d) | | — | | | 312 | | | 26 | | | (164) | (169) | 5 |
| Short-term investments | | 4,106 | | | 1,803 | | | — | | | — | — | 5,909 |
| Other assets(d) | | — | | | — | | | 130 | | | — | — | 130 |
| Total | $6,339 | | $70,136 | | $3,924 | | $(164) | | $(169) | | $80,066 | | |
First 8 of 13 rows. The CSV has all of them.
Table 16 after “The following tables present changes during the three and nine months ended September 30, 2026 and 2025 in Level 3 assets and liabilities me”
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| (in millions) | Fair Value Beginning of Period | Net Realized and Unrealized Gains (Losses) Included in Income(a) | | Other Comprehensive Income (Loss) | Purchases | Sales | Issuancesand Settlements(b) | Gross Transfers In | | Gross Transfers Out | Other | Fair Value End of Period | | | | |
| Three Months Ended September 30, 2026 | | | | | | | | | | | | | | | | |
| Assets: | | | | | | | | | | | | | | | | |
| Bonds available for sale: | | | | | | | | | | | | | | | | |
| Obligations of states, municipalities and political subdivisions | $5 | | $— | | $(1) | | $— | | $— | | $— | | $— | $— | $— | $4 |
| Corporate debt | 76 | | (3) | | 9 | | — | | — | | (4) | | — | (44) | — | 34 |
| RMBS | 1,450 | | 7 | | (42) | | — | | (15) | | (48) | | — | (2) | — | 1,350 |
| CMBS | 39 | | — | | — | | 14 | | — | | — | | — | (3) | (20) | 30 |
First 8 of 17 rows. The CSV has all of them.
Table 17 after “The following tables present changes during the three and nine months ended September 30, 2026 and 2025 in Level 3 assets and liabilities me”
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| (in millions) | Fair Value Beginning of Period | Net Realized and Unrealized (Gains) Losses Included in Income(a) | | Other Comprehensive (Income) Loss | Purchases | Sales | Issuancesand Settlements(b) | | Gross Transfers In | Gross Transfers Out | Other | Fair Value End of Period | | | | |
| Liabilities: | | | | | | | | | | | | | | | | |
| Fortitude Re funds withheld payable | $(75) | | $(85) | | $— | | $— | $— | | $(24) | | | $— | $— | $— | $(184) |
| Other Liabilities | 81 | | — | | — | | — | — | | — | | | — | — | — | 81 |
| Total | $6 | | $(85) | | $— | | $— | $— | | $(24) | | | $— | $— | $— | $(103) |
| (in millions) | Fair Value Beginning of Period | Net Realized and Unrealized Gains (Losses) Included in Income(a) | | Other Comprehensive Income (Loss) | Purchases | Sales | Issuancesand Settlements(b) | Gross Transfers In | | Gross Transfers Out | Other | Fair Value End of Period | | | | |
| Three Months Ended September 30, 2025 | | | | | | | | | | | | | | | | |
| Assets: | | | | | | | | | | | | | | | | |
| Bonds available for sale: | | | | | | | | | | | | | | | | |
| Obligations of states, municipalities and political subdivisions | $3 | | $— | | $— | | $— | | $— | | $— | | $— | $— | $— | $3 |
| Non-U.S. governments | 6 | | — | | — | | — | | — | | — | | 1 | — | — | 7 |
| Corporate debt | 147 | | (2) | | (15) | | — | | (2) | | (2) | | — | (6) | — | 120 |
| RMBS | 1,633 | | 7 | | 8 | | 46 | | — | | (51) | | — | (17) | — | 1,626 |
First 8 of 20 rows. The CSV has all of them.
| (in millions) | Fair Value Beginning of Period | Net Realized and Unrealized (Gains) Losses Included in Income(a) | | Other Comprehensive (Income) Loss | Purchases | Sales | Issuancesand Settlements(b) | | Gross Transfers In | Gross Transfers Out | Other | Fair Value End of Period | | | | |
| Liabilities: | | | | | | | | | | | | | | | | |
| Fortitude Re funds withheld payable | $(185) | | $54 | | $— | | $— | $— | | $28 | | | $— | $— | $— | $(103) |
| Other liabilities | 81 | | (9) | | — | | — | — | | — | | | — | — | — | 72 |
| Total | $(104) | | $45 | | $— | | $— | $— | | $28 | | | $— | $— | $— | $(31) |
| (in millions) | Fair Value Beginning of Year | Net Realized and Unrealized Gains (Losses) Included in Income(a) | | Other Comprehensive Income (Loss) | Purchases | Sales | Issuancesand Settlements(b) | Gross Transfers In | | Gross Transfers Out | Other | Fair Value End of Period | | | | |
| Nine Months Ended September 30, 2026 | | | | | | | | | | | | | | | | |
| Assets: | | | | | | | | | | | | | | | | |
| Bonds available for sale: | | | | | | | | | | | | | | | | |
| Obligations of states, municipalities and political subdivisions | $4 | | $— | | $(1) | | $2 | | $(1) | | $— | | $— | $— | $— | $4 |
| Non-U.S. governments | 23 | | 1 | | — | | 3 | | (3) | | (3) | | — | (14) | (7) | — |
| Corporate debt | 113 | | (2) | | 1 | | 6 | | (7) | | (5) | | 9 | (70) | (11) | 34 |
| RMBS | 1,546 | | 20 | | (83) | | 14 | | (15) | | (139) | | 8 | (2) | 1 | 1,350 |
First 8 of 19 rows. The CSV has all of them.
| (in millions) | Fair Value Beginning of Year | Net Realized and Unrealized (Gains) Losses Included in Income(a) | | Other Comprehensive (Income) Loss | Purchases | Sales | Issuancesand Settlements(b) | | Gross Transfers In | Gross Transfers Out | Other | Fair Value End of Period | | | | |
| Liabilities: | | | | | | | | | | | | | | | | |
| Fortitude Re funds withheld payable | $(92) | | $(44) | | $— | | $— | $— | | $(48) | | | $— | $— | $— | $(184) |
| Other Liabilities | 73 | | 8 | | — | | — | — | | — | | | — | — | — | 81 |
| Total | $(19) | | $(36) | | $— | | $— | $— | | $(48) | | | $— | $— | $— | $(103) |
| (in millions) | Fair Value Beginning of Year | Net Realized and Unrealized Gains (Losses) Included in Income(a) | | Other Comprehensive Income (Loss) | Purchases | Sales | Issuancesand Settlements(b) | Gross Transfers In | | Gross Transfers Out | Other | Fair Value End of Period | | | | |
| Nine Months Ended September 30, 2025 | | | | | | | | | | | | | | | | |
| Assets: | | | | | | | | | | | | | | | | |
| Bonds available for sale: | | | | | | | | | | | | | | | | |
| Obligations of states, municipalities and political subdivisions | $3 | | $— | | $— | | $— | | $— | | $— | | $— | $— | $— | $3 |
| Non-U.S. governments | 7 | | — | | — | | — | | — | | (1) | | 1 | — | — | 7 |
| Corporate debt | 240 | | (10) | | (4) | | 5 | | (8) | | (152) | | 49 | (38) | 38 | 120 |
| RMBS | 1,894 | | 22 | | 50 | | 54 | | (3) | | (152) | | 3 | (242) | — | 1,626 |
First 8 of 20 rows. The CSV has all of them.
| (in millions) | Fair Value Beginning of Year | Net Realized and Unrealized (Gains) Losses Included in Income(a) | | Other Comprehensive (Income) Loss | Purchases | Sales | Issuancesand Settlements(b) | Gross Transfers In | | Gross Transfers Out | Other | Fair Value End of Period | | | | |
| Liabilities: | | | | | | | | | | | | | | | | |
| Fortitude Re funds withheld payable | $(128) | | $109 | | $— | | $— | | $— | | $(84) | | $— | $— | $— | $(103) |
| Other liabilities | 100 | | (28) | | — | | — | | — | | — | | — | — | — | 72 |
| Total | $(28) | | $81 | | $— | | $— | | $— | | $(84) | | $— | $— | $— | $(31) |
Table 24 after “The following table presents the changes in unrealized gains (losses) for financial instruments classified as Level 3 still held at the end ”
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| Three Months Ended September 30, | Nine Months Ended September 30, | | | | | | | | | | | |
| 2026 | 2025 | | 2026 | 2025 | | | | | | | | |
| (in millions) | Changes in Unrealized Gains (Losses) Included in Income | Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) | | Changes in Unrealized Gains (Losses) Included in Income | Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) | Changes in Unrealized Gains (Losses) Included in Income | | Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) | Changes in Unrealized Gains (Losses) Included in Income | Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) | | | |
| Assets: | | | | | | | | | | | | | |
| Bonds available for sale: | | | | | | | | | | | | | |
| Corporate debt | $— | | $8 | | $— | | $(13) | | $— | | $2 | $— | $(13) |
| RMBS | — | | (44) | | — | | 15 | | — | | (83) | — | 30 |
| CMBS | — | | — | | — | | 5 | | — | | 1 | — | 5 |
First 8 of 20 rows. The CSV has all of them.
Table 25 after “The following table includes information related to our investments in certain other invested assets, including private equity funds, hedge ”
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| | September 30, 2026 | | December 31, 2025 | | | |
| (in millions) | Investment Category Includes | Fair Value Using NAV Per Share (or its equivalent) | Unfunded Commitments | | Fair Value Using NAV Per Share (or its equivalent) | Unfunded Commitments | |
| Investment Category* | | | | | | | |
| Private equity funds: | | | | | | | |
| Leveraged buyout | Debt and/or equity investments made as part of a transaction in which assets of mature companies are acquired from the current shareholders, typically with the use of financial leverage | $878 | | $388 | | $1,184 | $527 |
| Real assets | Investments in real estate properties, agricultural and infrastructure assets, including power plants and other energy producing assets | 375 | | 30 | | 516 | 81 |
| Growth equity | Funds that make investments in established companies for the purpose of growing their businesses | 26 | | 1 | | 172 | 11 |
| Private equity secondaries | Investments in a pool of diversified funds across sectors and vintage years | 560 | | 88 | | 71 | 98 |
First 8 of 12 rows. The CSV has all of them.
Table 26 after “The following table presents the gains or losses recorded related to the eligible instruments for which we elected the fair value option:”
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| Gain (Loss) Three Months Ended September 30, | | Gain (Loss) Nine Months Ended September 30, | | | | | | | |
| (in millions) | | 2026 | | 2025 | | | 2026 | | 2025 | |
| Other bond securities(a) | $(8) | | $10 | | | $2 | | $37 | | |
| Alternative investments(b) | | (8) | | | 98 | | | | (96) | 185 |
| Retained investment in Corebridge(c) | | — | | | (348) | | | | (154) | 316 |
| Total gain (loss) | $(16) | | $(240) | | | $(248) | | $538 | | |
Table 27 after “The following table presents the carrying amounts and estimated fair values of our financial instruments not measured at fair value and indi”
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| | Estimated Fair Value | | Carrying Value | | | | | | | |
| (in millions) | | Level 1 | | Level 2 | | Level 3 | | Total | | | |
| September 30, 2026 | | | | | | | | | | | |
| Assets: | | | | | | | | | | | |
| Mortgage and other loans receivable | $— | | $199 | | $2,052 | | $2,251 | | $2,298 | | |
| Other invested assets | | — | | | 523 | | | 10 | | 533 | 533 |
| Other assets | | 7 | | | — | | | — | | 7 | 7 |
| Liabilities: | | | | | | | | | | | |
First 8 of 9 rows. The CSV has all of them.
Table 28 after “The following table presents the carrying amounts and estimated fair values of our financial instruments not measured at fair value and indi”
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| December 31, 2025 | | | | | | | | | |
| Assets: | | | | | | | | | |
| Mortgage and other loans receivable | $— | | $334 | $2,500 | $2,834 | | $2,887 | | |
| Other invested assets | | — | | 480 | | 13 | | 493 | 493 |
| Other assets | | 16 | | — | | — | | 16 | 16 |
| Liabilities: | | | | | | | | | |
| Long-term debt | | — | | 8,702 | | — | | 8,702 | 9,035 |
Table 29 after “The following table presents the amortized cost and fair value of our available for sale securities:”
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| (in millions) | | AmortizedCost | | Allowancefor CreditLosses(a) | | GrossUnrealizedGains | | GrossUnrealizedLosses | | FairValue | | |
| September 30, 2026 | | | | | | | | | | | | |
| Bonds available for sale: | | | | | | | | | | | | |
| U.S. government and government sponsored entities | $3,758 | | $— | | $3 | | $(137) | | $3,624 | | | |
| Obligations of states, municipalities and political subdivisions | | 2,440 | | | — | | | 13 | | | (124) | 2,329 |
| Non-U.S. governments | | 6,603 | | | — | | | 30 | | | (460) | 6,173 |
| Corporate debt | | 40,216 | | | (22) | | | 117 | | | (2,028) | 38,283 |
| Mortgage-backed, asset-backed and collateralized: | | | | | | | | | | | | |
First 8 of 25 rows. The CSV has all of them.
Table 30 after “The following table summarizes the fair value and gross unrealized losses on our available for sale securities, aggregated by major investme”
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| | Less than 12 Months | | 12 Months or More | | Total | | | | | | | | |
| (in millions) | | Fair Value | | Gross Unrealized Losses | | Fair Value | | Gross Unrealized Losses | | Fair Value | | Gross Unrealized Losses | | |
| September 30, 2026 | | | | | | | | | | | | | | |
| Bonds available for sale: | | | | | | | | | | | | | | |
| U.S. government and government sponsored entities | $3,198 | | $35 | | $265 | | $102 | | $3,463 | | $137 | | | |
| Obligations of states, municipalities and political subdivisions | | 1,623 | | | 60 | | | 457 | | | 64 | | 2,080 | 124 |
| Non-U.S. governments | | 3,366 | | | 92 | | | 1,449 | | | 368 | | 4,815 | 460 |
| Corporate debt | | 25,344 | | | 968 | | | 7,116 | | | 1,047 | | 32,460 | 2,015 |
First 8 of 12 rows. The CSV has all of them.
| | Less than 12 Months | | 12 Months or More | | Total | | | | | | | | |
| (in millions) | | Fair Value | | Gross Unrealized Losses | | Fair Value | | Gross Unrealized Losses | | Fair Value | | Gross Unrealized Losses | | |
| December 31, 2025 | | | | | | | | | | | | | | |
| Bonds available for sale: | | | | | | | | | | | | | | |
| U.S. government and government sponsored entities | $167 | | $8 | | $322 | | $78 | | $489 | | $86 | | | |
| Obligations of states, municipalities and political subdivisions | | 232 | | | 8 | | | 515 | | | 45 | | 747 | 53 |
| Non-U.S. governments | | 1,524 | | | 33 | | | 1,347 | | | 336 | | 2,871 | 369 |
| Corporate debt | | 6,031 | | | 125 | | | 8,165 | | | 927 | | 14,196 | 1,052 |
First 8 of 12 rows. The CSV has all of them.
Table 32 after “The following table presents the amortized cost and fair value of fixed maturity securities available for sale by contractual maturity:”
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| September 30, 2026 | Total Fixed Maturity Securities Available for Sale | | |
| (in millions) | Amortized Cost, Net of Allowance | Fair Value | |
| Due in one year or less | $5,400 | | $5,375 |
| Due after one year through five years | 23,132 | | 22,615 |
| Due after five years through ten years | 16,634 | | 15,854 |
| Due after ten years | 7,829 | | 6,565 |
| Mortgage-backed, asset-backed and collateralized | 21,839 | | 21,233 |
| Total | $74,834 | | $71,642 |
Table 33 after “The following table presents the fair value of fixed maturity securities measured at fair value based on our election of the fair value opti”
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| (in millions) | | September 30, 2026 | | | | December 31, 2025 | | | | | | | |
| Fair Value | | Percent of Total | | | | Fair Value | | Percent of Total | | | | |
| Fixed maturity securities: | | | | | | | | | | | | | |
| Obligations of states, municipalities and political subdivisions | $47 | | | 3 | % | | | $51 | | | 4 | % | |
| Non-U.S. governments | | 21 | | | 1 | | | | | 23 | | | 2 |
| Corporate debt | | 200 | | | 12 | | | | | 274 | | | 22 |
| (in millions) | | September 30, 2026 | | | | December 31, 2025 | | | | | | | |
| Fair Value | | Percent of Total | | | | Fair Value | | Percent of Total | | | | |
| Mortgage-backed, asset-backed and collateralized: | | | | | | | | | | | | | |
| RMBS | | 89 | | | 5 | | | | | 97 | | | 8 |
| CMBS | | 35 | | | 2 | | | | | 42 | | | 3 |
| CLO/ABS and other collateralized securities | | 257 | | | 15 | | | | | 254 | | | 20 |
| Total mortgage-backed, asset-backed and collateralized | | 381 | | | 22 | | | | | 393 | | | 31 |
| Total fixed maturity securities | | 649 | | | 38 | | | | | 741 | | | 59 |
First 8 of 10 rows. The CSV has all of them.
Table 35 after “The following table summarizes the carrying amounts of other invested assets:”
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| (in millions) | September 30, 2026 | December 31, 2025 | |
| Alternative investments(a) | $3,099 | | $3,456 |
| Retained investment in Corebridge using fair value option(b) | — | | 1,512 |
| Investment in Convex | 2,227 | | — |
| All other investments(c) | 1,635 | | 1,728 |
| Total | $6,961 | | $6,696 |
Table 36 after “The following table presents the components of Net investment income:”
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| Three Months Ended September 30, | 2026 | | 2025 | | | | | | | | | | |
| (in millions) | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | | Total | | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | | Total | | | | |
| Available for sale fixed maturity securities, including short-term investments | $939 | | $20 | | $959 | | | $873 | | $13 | $886 | | |
| Other fixed maturity securities | | — | | | (8) | | | (8) | | | — | 11 | 11 |
| Equity securities(a) | | 2 | | | — | | | 2 | | | 62 | — | 62 |
| Interest on mortgage and other loans | | 27 | | | 4 | | | 31 | | | 40 | 6 | 46 |
| Alternative investments(b) | | 92 | | | — | | | 92 | | | 137 | — | 137 |
| Other investments(c) | | 67 | | | — | | | 67 | | | (331) | (1) | (332) |
First 8 of 11 rows. The CSV has all of them.
Table 37 after “The following table presents the components of Net investment income:”
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| Nine Months Ended September 30, | 2026 | | 2025 | | | | | | | | |
| (in millions) | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | Total | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | Total | | | | | |
| Available for sale fixed maturity securities, including short-term investments | $2,735 | | $60 | $2,795 | | | $2,539 | $51 | $2,590 | | |
| Other fixed maturity securities | | 1 | | 1 | | | 2 | | — | 38 | 38 |
| Equity securities(a) | | 99 | | — | | | 99 | | 85 | — | 85 |
| Interest on mortgage and other loans | | 89 | | 13 | | | 102 | | 130 | 20 | 150 |
| Nine Months Ended September 30, | 2026 | | 2025 | | | | | | | | |
| (in millions) | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | Total | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | Total | | | | | |
| Alternative investments(b) | | 115 | | — | | | 115 | | 228 | — | 228 |
| Other investments(c) | | (50) | | 1 | | | (49) | | 368 | (1) | 367 |
| Total investment income | | 2,989 | | 75 | | | 3,064 | | 3,350 | 108 | 3,458 |
| Investment expenses | | 125 | | — | | | 125 | | 115 | — | 115 |
| Net investment income | $2,864 | | $75 | $2,939 | | | $3,235 | $108 | $3,343 | | |
Table 39 after “The following table presents the components of Net realized gains (losses):”
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| Three Months Ended September 30, | | 2026 | | | 2025 | | | | | | | | |
| (in millions) | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | | Total | | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | | Total | | | | |
| Sales and impairments of fixed maturity securities | $(202) | | $(29) | | $(231) | | | $(96) | | $(6) | $(102) | | |
| Change in allowance for credit losses on fixed maturity securities | | 11 | | | — | | | 11 | | | 2 | — | 2 |
| Change in allowance for credit losses on loans | | (10) | | | — | | | (10) | | | (52) | 1 | (51) |
| Foreign exchange transactions | | (12) | | | — | | | (12) | | | (10) | (1) | (11) |
| Derivatives and hedge accounting | | 22 | | | 1 | | | 23 | | | (11) | 2 | (9) |
| Sales of alternative investments | | (11) | | | — | | | (11) | | | (2) | — | (2) |
First 8 of 12 rows. The CSV has all of them.
Table 40 after “The following table presents the components of Net realized gains (losses):”
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| Nine Months Ended September 30, | 2026 | | 2025 | | | | | | | | | | |
| (in millions) | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | | Total | | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | | Total | | | | |
| Sales and impairments of fixed maturity securities | $(376) | | $(48) | | $(424) | | | $(453) | | $(62) | $(515) | | |
| Change in allowance for credit losses on fixed maturity securities | | 12 | | | 1 | | | 13 | | | (5) | — | (5) |
| Change in allowance for credit losses on loans | | 22 | | | 1 | | | 23 | | | (2) | 10 | 8 |
| Foreign exchange transactions | | (39) | | | (2) | | | (41) | | | 183 | 18 | 201 |
| Derivatives and hedge accounting | | 4 | | | 3 | | | 7 | | | (137) | (20) | (157) |
| Sales of alternative investments | | (27) | | | — | | | (27) | | | 1 | — | 1 |
First 8 of 12 rows. The CSV has all of them.
Table 41 after “The following table presents the increase (decrease) in unrealized appreciation (depreciation) of our available for sale securities and othe”
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| Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | | | |
| (in millions) | | 2026 | | 2025 | | | 2026 | | 2025 | |
| Increase (decrease) in unrealized appreciation (depreciation) of investments: | | | | | | | | | | |
| Fixed maturity securities | $(1,989) | | $543 | | | $(2,489) | | $1,370 | | |
| Other investments | | — | | | — | | | | (38) | — |
| Total increase (decrease) in unrealized appreciation (depreciation) of investments | $(1,989) | | $543 | | | $(2,527) | | $1,370 | | |
Table 42 after “The following table summarizes the unrealized gains and losses recognized in Net investment income during the reporting period on equity sec”
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| Three Months Ended September 30, | 2026 | | 2025 | | | | | | | | |
| (in millions) | Equities | Other Invested Assets | | Total* | | Equities | Other Invested Assets | | Total* | | |
| Net gains (losses) recognized during the period on equity securities and other investments | $(4) | | $40 | | $36 | | | $62 | | $(244) | $(182) |
| Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period | 29 | | 9 | | 38 | | | 2 | | (65) | (63) |
| Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date | $(33) | | $31 | | $(2) | | | $60 | | $(179) | $(119) |
Table 43 after “The following table summarizes the unrealized gains and losses recognized in Net investment income during the reporting period on equity sec”
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| Nine Months Ended September 30, | 2026 | | 2025 | | | | | | | | |
| (in millions) | Equities | Other Invested Assets | | Total* | | Equities | Other Invested Assets | | Total* | | |
| Net gains (losses) recognized during the period on equity securities and other investments | $87 | | $(113) | | $(26) | | | $85 | | $501 | $586 |
| Less: Net gains (losses) recognized during the period on equity securities and other investments sold during the period | 148 | | (153) | | (5) | | | 3 | | (32) | (29) |
| Unrealized gains (losses) recognized during the reporting period on equity securities and other investments still held at the reporting date | $(61) | | $40 | | $(21) | | | $82 | | $533 | $615 |
Table 44 after “The following table presents a rollforward of the changes in allowance for credit losses on available for sale fixed maturity securities by ”
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| Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | | | |
| (in millions) | | 2026 | | 2025 | | | 2026 | | 2025 | |
| Balance, beginning of period | $35 | | $45 | | | $37 | | $38 | | |
| Additions: | | | | | | | | | | |
| Securities for which allowance for credit losses was not previously recorded | | (3) | | | 2 | | | | 11 | 22 |
| Reductions: | | | | | | | | | | |
| Securities sold during the period | | (4) | | | — | | | | (9) | (6) |
| Addition to (release of) the allowance for credit losses on securities that had an allowance recorded in a previous period, for which there was no intent to sell before recovery of amortized cost basis | | (1) | | | 3 | | | | (12) | 5 |
First 8 of 11 rows. The CSV has all of them.
Table 45 after “The following table presents the composition of Mortgage and other loans receivable, net:”
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| (in millions) | September 30, 2026 | December 31, 2025 | |
| Commercial mortgages(a) | $2,096 | | $2,495 |
| Commercial loans, other loans and notes receivable(b) | 290 | | 503 |
| Total mortgage and other loans receivable(c) | 2,386 | | 2,998 |
| Allowance for credit losses(c) | (88) | | (111) |
| Mortgage and other loans receivable, net(c) | $2,298 | | $2,887 |
Table 46 after “The following table presents loan-to-value ratios* for commercial mortgages by year of vintage:”
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| September 30, 2026 | | 2026 | | 2025 | | 2024 | | 2023 | | 2022 | | Prior | | Total | | |
| (in millions) | | | | | | | | | | | | | | | | |
| Less than 65% | $106 | | $14 | | $38 | | $150 | | $79 | | $971 | | $1,358 | | | |
| 65% to 80% | | — | | | — | | | — | | | — | | | 7 | 429 | 436 |
| Greater than 80% | | 20 | | | — | | | — | | | 5 | | | 23 | 254 | 302 |
| Total commercial mortgages | $126 | | $14 | | $38 | | $155 | | $109 | | $1,654 | | $2,096 | | | |
| December 31, 2025 | | 2025 | | 2024 | | 2023 | | 2022 | | 2021 | | Prior | | Total | | |
| (in millions) | | | | | | | | | | | | | | | | |
First 8 of 12 rows. The CSV has all of them.
Table 47 after “The following table presents supplementary credit quality information related to commercial mortgages:”
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| Number of Loans | | Class | | Percent of Total | | | | | | | | | | | |
| (dollars in millions) | | Apartments | | Offices | Retail | Industrial | | Hotel | Others | Total | | | | | | |
| September 30, 2026 | | | | | | | | | | | | | | | | |
| Past Due Status: | | | | | | | | | | | | | | | | |
| In good standing | 120 | $600 | | $778 | $264 | $126 | | $163 | $55 | $1,986 | | 95 | % | | | |
| 90 days or less delinquent | 1 | | — | | 66 | | — | | — | | — | | | — | 66 | 3 |
| >90 days delinquent or in process of foreclosure | 3 | | — | | 21 | | 23 | | — | | — | | | — | 44 | 2 |
| Total* | 124 | $600 | | $865 | $287 | $126 | | $163 | $55 | $2,096 | | 100 | % | | | |
First 8 of 9 rows. The CSV has all of them.
Table 48 after “The following table presents supplementary credit quality information related to commercial mortgages:”
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| December 31, 2025 | | | | | | | | | | | | | | | | |
| Past Due Status: | | | | | | | | | | | | | | | | |
| In good standing | 140 | $793 | | $947 | $297 | $158 | | $191 | $10 | $2,396 | | 96 | % | | | |
| 90 days or less delinquent | 1 | | — | | 9 | | — | | — | | — | | | — | 9 | — |
| >90 days delinquent or in process of foreclosure | 4 | | — | | 30 | | 60 | | — | | — | | | — | 90 | 4 |
| Total* | 145 | $793 | | $986 | $357 | $158 | | $191 | $10 | $2,495 | | 100 | % | | | |
| Allowance for credit losses | | $2 | | $62 | $37 | $— | | $10 | $— | $111 | | 4 | % | | | |
| Three Months Ended September 30, | Nine Months Ended September 30, | | | | |
| (in millions) | 2026 | 2025 | | 2026 | 2025 | |
| Allowance, beginning of period | $78 | | $106 | | $111 | $164 |
| Loans charged off | — | | (8) | | — | (60) |
| Net charge-offs | — | | (8) | | — | (60) |
| Addition to (release of) allowance for loan losses | 10 | | 6 | | (23) | — |
| Allowance, end of period | $88 | | $104 | | $88 | $104 |
Table 50 after “There is a diverse pool of assets supporting the funds withheld arrangements with Fortitude Re. The following summarizes the composition of ”
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| September 30, 2026 | | December 31, 2025 | | | | | | | | |
| (in millions) | Carrying Value | | Fair Value | Carrying Value | | Fair Value | Corresponding Accounting Policy | | | | |
| Fixed maturity securities - available for sale(a) | $1,559 | | $1,559 | | $1,780 | | $1,780 | | Fair value through other comprehensive income (loss) | | |
| Fixed maturity securities - fair value option | | 639 | | 639 | | | | 734 | | 734 | Fair value through net investment income |
| Commercial mortgage and other loans | | 225 | | 217 | | | | 359 | | 344 | Amortized cost |
| Short-term investments | | 299 | | 299 | | | | 43 | | 43 | Fair value through net investment income |
| Funds withheld investment assets | | 2,722 | | 2,714 | | | | 2,916 | | 2,901 | |
| Derivative assets, net(b) | | — | | — | | | | — | | — | Fair value through net realized gains (losses) |
First 8 of 10 rows. The CSV has all of them.
| Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | | | |
| (in millions) | | 2026 | | 2025 | | | 2026 | | 2025 | |
| Net investment income - Fortitude Re funds withheld assets | $16 | | $29 | | | $75 | | $108 | | |
| Net realized gains (losses) on Fortitude Re funds withheld assets: | | | | | | | | | | |
| Net realized losses - Fortitude Re funds withheld assets | | (28) | | | (5) | | | | (47) | (59) |
| Net realized gains (losses) - Fortitude Re funds withheld embedded derivative | | 85 | | | (54) | | | | 44 | (109) |
| Net realized gains (losses) on Fortitude Re funds withheld assets | | 57 | | | (59) | | | | (3) | (168) |
| Income (loss) before income tax expense (benefit) | | 73 | | | (30) | | | | 72 | (60) |
First 8 of 12 rows. The CSV has all of them.
Table 52 after “The following table presents a rollforward of the reinsurance recoverable allowance:”
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| Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | | | | |
| (in millions) | | 2026 | | | 2025 | | | 2026 | | 2025 | |
| Balance, beginning of period | $296 | | | $276 | | | $297 | | $269 | | |
| Addition to (release of) allowance for expected credit losses and disputes, net | | 10 | | | | — | | | 15 | | (1) |
| Write-offs charged against the allowance for credit losses and disputes | | — | | | | — | | | (6) | | (1) |
| Other changes | | 2 | | | | (1) | | | 2 | | 8 |
| Balance, end of period | $308 | | | $275 | | | $308 | | $275 | | |
Table 53 after “The following table presents a rollforward of DAC:”
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| Nine Months Ended September 30, | | | |
| (in millions) | 2026 | 2025 | |
| Balance, beginning of year | $2,106 | | $2,065 |
| Capitalization | 2,873 | | 2,536 |
| Amortization expense | (2,658) | | (2,522) |
| Other, including foreign exchange | 12 | | 56 |
| Balance, end of period | $2,333 | | $2,135 |
Table 54 after “The following table presents total assets of unconsolidated VIEs in which we hold a variable interest, as well as our maximum exposure to lo”
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| | | Maximum Exposure to Loss | | | | | | | | | |
| (in millions) | | Total VIE Assets | | On-BalanceSheet(b) | | | Off-Balance Sheet | | | Total | | |
| September 30, 2026 | | | | | | | | | | | | |
| Private equity funds and other investments | $288,270 | | $2,828 | | | $1,146 | | (c) | $3,974 | | | |
| Other(a) | | 5,148 | | | 128 | | | | 281 | | (d) | 409 |
| Total | $293,418 | | $2,956 | | | $1,427 | | | $4,383 | | | |
| December 31, 2025 | | | | | | | | | | | | |
| Private equity funds and other investments | $403,956 | | $3,078 | | | $1,219 | | (c) | $4,297 | | | |
First 8 of 10 rows. The CSV has all of them.
Table 55 after “The following table presents the notional amounts of our derivatives and the fair value of derivative assets and liabilities in the Condense”
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| September 30, 2026 | | December 31, 2025 | | | | | | | | | | | | | | | | | | |
| Gross Derivative Assets | | Gross Derivative Liabilities | | Gross Derivative Assets | | Gross Derivative Liabilities | | | | | | | | | | | | | | |
| (in millions) | | Notional Amount | | Fair Value | | | Notional Amount | | Fair Value | | | Notional Amount | | Fair Value | | Notional Amount | | Fair Value | | | |
| Derivatives designated as hedging instruments:(a) | | | | | | | | | | | | | | | | | | | | | |
| Foreign exchange contracts | $930 | | $22 | | | $598 | | $49 | | | $206 | | $21 | | $1,438 | | $88 | | | | |
| Derivatives not designated as hedging instruments:(a) | | | | | | | | | | | | | | | | | | | | | |
| Interest rate contracts | | 913 | | | 182 | | | | 990 | | | 212 | | | 935 | | | 227 | | 1,012 | 258 |
| Foreign exchange contracts | | 2,347 | | | 68 | | | | 1,839 | | | 45 | | | 1,154 | | | 64 | | 2,576 | 93 |
First 8 of 13 rows. The CSV has all of them.
Table 56 after “The following table presents the gain (loss) recognized in income on our derivative instruments in fair value hedging relationships in the C”
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| Gains/(Losses) Recognized in Income for: | | | | | |
| (in millions) | HedgingDerivatives(a) | ExcludedComponents(b) | | Hedged Items | Net Impact | |
| Three Months Ended September 30, 2026 | | | | | | |
| Foreign exchange contracts: | | | | | | |
| Net realized gains/(losses) | $30 | | $16 | | $(30) | $16 |
| Three Months Ended September 30, 2025 | | | | | | |
| Foreign exchange contracts: | | | | | | |
| Net realized gains/(losses) | $(25) | | $(4) | | $25 | $(4) |
First 8 of 14 rows. The CSV has all of them.
Table 57 after “The following table presents the effect of derivative instruments not designated as hedging instruments in the Condensed Consolidated Statem”
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| Gains (Losses) Recognized in Income | | | | | |
| Three Months Ended September 30, | | Nine Months Ended September 30, | | | |
| (in millions) | 2026 | 2025 | | 2026 | 2025 | |
| By Derivative Type: | | | | | | |
| Interest rate contracts | $2 | | $— | | $1 | $(5) |
| Foreign exchange contracts | 22 | | (8) | | 5 | (152) |
| Embedded derivatives | 85 | | (54) | | 44 | (109) |
| Total | $109 | | $(62) | | $50 | $(266) |
First 8 of 13 rows. The CSV has all of them.
Table 58 after “The following table presents the rollforward of activity in loss reserves:”
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| Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | |
| (in millions) | | 2026 | | 2025 | | 2026 | 2025 | |
| Liability for unpaid loss and loss adjustment expenses, beginning of period | | $69,852 | | | $69,754 | | $70,666 | $69,168 |
| Reinsurance recoverable | | (27,858) | | | (27,866) | | (28,871) | (29,026) |
| Net Liability for unpaid loss and loss adjustment expenses, beginning of period | | 41,994 | | | 41,888 | | 41,795 | 40,142 |
| Losses and loss adjustment expenses incurred: | | | | | | | | |
| Current year | | 4,018 | | | 3,572 | | 11,458 | 10,904 |
| Prior years, excluding discount and amortization of deferred gain | | (70) | | | (161) | | (442) | (169) |
First 8 of 21 rows. The CSV has all of them.
| Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | |
| (in millions) | | 2026 | | 2025 | | 2026 | 2025 | |
| Liability for unpaid loss and loss adjustment expenses, end of period: | | | | | | | | |
| Net liability for unpaid losses and loss adjustment expenses | | 42,915 | | | 41,634 | | 42,915 | 41,634 |
| Reinsurance recoverable | | 27,267 | | | 28,248 | | 27,267 | 28,248 |
| Total | | $70,182 | | | $69,882 | | $70,182 | $69,882 |
Table 60 after “The following table presents the components of the loss reserve discount discussed above:”
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| (in millions) | | September 30, 2026 | | December 31, 2025 | |
| U.S. workers' compensation | $1,992 | | $2,063 | | |
| Retroactive reinsurance | | (765) | | | (891) |
| Total reserve discount(a)(b) | $1,227 | | $1,172 | | |
Table 61 after “The following table presents the net loss reserve discount benefit (charge):”
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| Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | | | |
| (in millions) | | 2026 | | 2025 | | | 2026 | | 2025 | |
| Current accident year | $22 | | $36 | | | $60 | | $92 | | |
| Accretion and other adjustments to prior year discount | | (113) | | | (34) | | | | (131) | (119) |
| Net reserve discount benefit (charge) | | (91) | | | 2 | | | | (71) | (27) |
| Change in discount on loss reserves ceded under retroactive reinsurance | | 54 | | | 7 | | | | 126 | 27 |
| Net change in total reserve discount* | $(37) | | $9 | | | $55 | | $— | | |
Table 62 after “The following table presents a rollforward of outstanding shares:”
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| Nine Months Ended September 30, 2026 | Common Stock Issued | Treasury Stock | Common Stock Outstanding | |
| (in millions) | | | | |
| Shares, beginning of year | 1,906.7 | | (1,368.5) | 538.2 |
| Shares issued | — | | 2.5 | 2.5 |
| Shares repurchased | — | | (22.0) | (22.0) |
| Shares, end of period | 1,906.7 | | (1,388.0) | 518.7 |
Table 63 after “The following table presents a rollforward of Accumulated other comprehensive income (loss):”
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| (in millions) | Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which Allowance for Credit Losses Was Taken | Unrealized Appreciation (Depreciation) of All Other Investments | | Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts | Foreign Currency Translation Adjustments | Retirement Plan Liabilities Adjustment | | Total | | | | | | | | |
| Balance, June 30, 2026, net of tax | $(3) | | $(1,881) | | | | $96 | $(3,113) | | $(705) | | | $(5,606) | | | |
| Change in unrealized appreciation (depreciation) of investments | | 5 | | | (2,051) | | | | — | | | — | | — | | (2,046) |
| Change in other | | — | | | 5 | | | | — | | | — | | — | | 5 |
| Change in discount rates | | — | | | — | | | | 15 | | | — | | — | | 15 |
| Change in foreign currency translation adjustments | | — | | | — | | | | — | | | 78 | | — | | 78 |
| Change in net actuarial loss | | — | | | — | | | | — | | | — | | 7 | | 7 |
| Change in prior service cost | | — | | | — | | | | — | | | — | | 1 | | 1 |
First 8 of 21 rows. The CSV has all of them.
Table 64 after “The following table presents a rollforward of Accumulated other comprehensive income (loss):”
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| Balance, December 31, 2025, net of tax | $(3) | | $(1,373) | | | $87 | $(2,981) | | $(717) | | | $(4,987) | | | |
| Change in unrealized appreciation (depreciation) of investments | | 5 | | | (2,615) | | | — | | | — | | — | | (2,610) |
| Change in other | | — | | | (15) | | | — | | | — | | — | | (15) |
| Change in discount rates | | — | | | — | | | 28 | | | — | | — | | 28 |
| Change in foreign currency translation adjustments | | — | | | — | | | — | | | (45) | | — | | (45) |
| Change in net actuarial loss | | — | | | — | | | — | | | — | | 21 | | 21 |
| Change in prior service cost | | — | | | — | | | — | | | — | | 3 | | 3 |
| Change in deferred tax asset (liability) | | (1) | | | 162 | | | (7) | | | 3 | | (6) | | 151 |
First 8 of 10 rows. The CSV has all of them.
Table 65 after “The following table presents a rollforward of Accumulated other comprehensive income (loss):”
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| Balance, December 31, 2024, net of tax | $(4) | | $(2,868) | | | $68 | $(3,521) | | $(774) | | | $(7,099) | | | |
| Change in unrealized appreciation (depreciation) of investments | | (3) | | | 1,373 | | | — | | | — | | — | | 1,370 |
| Change in other | | — | | | 17 | | | — | | | — | | — | | 17 |
| Change in discount rates | | — | | | — | | | 16 | | | — | | — | | 16 |
| Change in foreign currency translation adjustments | | — | | | — | | | — | | | 537 | | — | | 537 |
| Change in net actuarial loss | | — | | | — | | | — | | | — | | 18 | | 18 |
| Change in prior service cost | | — | | | — | | | — | | | — | | 1 | | 1 |
| Change in deferred tax asset (liability) | | 1 | | | 74 | | | (4) | | | 30 | | (6) | | 95 |
First 8 of 11 rows. The CSV has all of them.
| (in millions) | Unrealized Appreciation (Depreciation) of Fixed Maturity Securities on Which Allowance for Credit Losses Was Taken | Unrealized Appreciation (Depreciation) of All Other Investments | | Change in the discount rates used to measure traditional and limited payment long-duration insurance contracts | Foreign Currency Translation Adjustments | Retirement Plan Liabilities Adjustment | | Total | | | | | | |
| Three Months Ended September 30, 2026 | | | | | | | | | | | | | | |
| Unrealized change arising during period | $— | | $(2,220) | | | | $15 | $78 | | $(3) | | $(2,130) | | |
| Less: Reclassification adjustments included in net income | | (5) | | | (174) | | | | — | | — | | (11) | (190) |
| Total other comprehensive income (loss), before income tax expense (benefit) | | 5 | | | (2,046) | | | | 15 | | 78 | | 8 | (1,940) |
| Less: Income tax expense (benefit) | | 1 | | | (86) | | | | 3 | | (12) | | 2 | (92) |
| Total other comprehensive income (loss), net of income tax expense (benefit) | $4 | | $(1,960) | | | | $12 | $90 | | $6 | | $(1,848) | | |
| Three Months Ended September 30, 2025 | | | | | | | | | | | | | | |
First 8 of 13 rows. The CSV has all of them.
| Nine Months Ended September 30, 2026 | | | | | | | | | | | | |
| Unrealized change arising during period | $— | | $(2,997) | | $28 | $(45) | | $(2) | | $(3,016) | | |
| Less: Reclassification adjustments included in net income | | (5) | | (367) | | | — | | — | | (26) | (398) |
| Total other comprehensive income (loss), before income tax expense (benefit) | | 5 | | (2,630) | | | 28 | | (45) | | 24 | (2,618) |
| Less: Income tax expense (benefit) | | 1 | | (162) | | | 7 | | (3) | | 6 | (151) |
| Total other comprehensive income (loss), net of income tax expense (benefit) | $4 | | $(2,468) | | $21 | $(42) | | $18 | | $(2,467) | | |
| Nine Months Ended September 30, 2025 | | | | | | | | | | | | |
| Unrealized change arising during period | $(3) | | $875 | | $16 | $537 | | $(5) | | $1,420 | | |
First 8 of 12 rows. The CSV has all of them.
| Amount Reclassified from AOCI | | Affected Line Item in the | | | | | | | | | |
| Three Months Ended September 30, | | Nine Months Ended September 30, | | Condensed Consolidated | | | | | | | |
| (in millions) | | 2026 | | 2025 | | | 2026 | | 2025 | | Statements of Income (Loss) | |
| Unrealized appreciation (depreciation) of fixed maturity securities on which allowance for credit losses was taken | | | | | | | | | | | | |
| Investments | $(5) | | $— | | | $(5) | | $— | | | Net realized gains (losses) | |
| Total | | (5) | | | — | | | | (5) | — | | |
| Unrealized appreciation (depreciation) of all other investments | | | | | | | | | | | | |
| Investments | $(174) | | $(102) | | | $(367) | | $(515) | | | Net realized gains (losses) | |
First 8 of 14 rows. The CSV has all of them.
Table 69 after “The following table presents the computation of basic and diluted EPS:”
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| Three Months Ended September 30, | | Nine Months Ended September 30, | | | |
| (dollars in millions, except per common share data) | 2026 | 2025 | | 2026 | 2025 | |
| Numerator for EPS: | | | | | | |
| Net income | $849 | | $524 | | $2,560 | $2,366 |
| Less: Net income attributable to noncontrolling interests | 5 | | 5 | | 5 | 5 |
| Net income attributable to AIG common shareholders | $844 | | $519 | | $2,555 | $2,361 |
| Denominator for EPS: | | | | | | |
| Weighted average common shares outstanding - basic | 522,963,373 | | 553,308,504 | | 530,133,311 | 573,176,050 |
First 8 of 13 rows. The CSV has all of them.
| INDEX TO ITEM 2 | |
| Page |
| Executive Summary | 44 |
| Overview | 44 |
| Operating Structure | 44 |
| Critical Accounting Estimates | 45 |
| Consolidated Results of Operations | 45 |
| Business Segment Operations | 46 |
First 8 of 35 rows. The CSV has all of them.
Table 71 after “The following table presents our consolidated results of operations and other key financial metrics:”
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| Three Months Ended September 30, | Percentage | | | Nine Months Ended September 30, | | Percentage | | | | | | | |
| (in millions) | 2026 | | 2025 | Change | | | 2026 | 2025 | | | Change | | | |
| Revenues: | | | | | | | | | | | | | | |
| Premiums | $6,453 | | | $6,073 | | 6 | % | | $18,746 | | $17,720 | | 6 | % |
| Net investment income: | | | | | | | | | | | | | | |
| Net investment income - excluding Fortitude Re funds withheld assets | 1,084 | | | 743 | | 46 | | | 2,864 | | 3,235 | | (11) | |
| Net investment income - Fortitude Re funds withheld assets | 16 | | | 29 | | (45) | | | 75 | | 108 | | (31) | |
| Total net investment income | 1,100 | | | 772 | | 42 | | | 2,939 | | 3,343 | | (12) | |
First 8 of 23 rows. The CSV has all of them.
Table 72 after “Consolidated Results of Operations”
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| Three Months Ended September 30, | Percentage | | | Nine Months Ended September 30, | | Percentage | | | | | |
| (in millions) | 2026 | | 2025 | Change | | | 2026 | 2025 | | Change | | |
| Income before income tax expense | 1,119 | | | 714 | | 57 | | | 3,370 | 3,218 | 5 | |
| Income tax expense | 270 | | | 190 | | 42 | | | 810 | 852 | (5) | |
| Net income | 849 | | | 524 | | 62 | | | 2,560 | 2,366 | 8 | |
| Less: Net income attributable to noncontrolling interests | 5 | | | 5 | | — | | | 5 | 5 | — | |
| Net income attributable to AIG common shareholders | $844 | | | $519 | | 63 | % | | $2,555 | $2,361 | 8 | % |
Table 73 after “General Insurance consists of our three segments and the Net investment income and Amortization of intangible assets including renewal right”
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| Three Months Ended September 30, | | | | Nine Months Ended September 30, | | | | | | | | | |
| (in millions) | | 2026 | | 2025 | Change | | | 2026 | 2025 | | Change | | | |
| Underwriting results: | | | | | | | | | | | | | | |
| Net premiums written | $6,651 | | $6,230 | | 7 | % | | $19,766 | $17,636 | | | 12 | % | |
| Net premiums written, on constant dollar basis | | | | | 8 | | | | | | | 11 | | |
| (Increase) decrease in unearned premiums | | (216) | | | (190) | | (14) | | | (1,083) | 51 | | | NM |
| Net premiums earned | | 6,435 | | | 6,040 | | 7 | | | 18,683 | 17,687 | | | 6 |
| Losses and loss adjustment expenses incurred(a) | | 3,903 | | | 3,379 | | 16 | | | 11,017 | 10,573 | | | 4 |
First 8 of 27 rows. The CSV has all of them.
| (dollars in millions) | North America Commercial | InternationalCommercial | | Global Personal | Total | |
| Three Months Ended September 30, 2026 | | | | | | |
| Flooding, rainstorms and other(b) | $— | | $57 | | $8 | $65 |
| Windstorms and hailstorms | 167 | | 26 | | 14 | 207 |
| Winter storms | — | | — | | 11 | 11 |
| Total catastrophe-related charges | $167 | | $83 | | $33 | $283 |
| Three Months Ended September 30, 2025 | | | | | | |
| Flooding, rainstorms and other | $— | | $4 | | $10 | $14 |
First 8 of 12 rows. The CSV has all of them.
| (dollars in millions) | North America Commercial | InternationalCommercial | | Global Personal | Total | |
| Nine Months Ended September 30, 2026 | | | | | | |
| Flooding, rainstorms and other(b) | $42 | | $166 | | $17 | $225 |
| Windstorms and hailstorms | 204 | | 44 | | 21 | 269 |
| Winter storms | 123 | | 4 | | 50 | 177 |
| Reinstatement premiums | — | | 2 | | — | 2 |
| Total catastrophe-related charges | $369 | | $216 | | $88 | $673 |
| Nine Months Ended September 30, 2025 | | | | | | |
First 8 of 15 rows. The CSV has all of them.
Table 76 after “The North America Commercial segment consists of insurance businesses and operations in the United States, Canada and Bermuda. Products incl”
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| Three Months Ended September 30, | | | Nine Months Ended September 30, | | | | | | | | |
| (in millions) | 2026 | 2025 | Change | | | 2026 | 2025 | | Change | | | |
| Underwriting results: | | | | | | | | | | | | |
| Net premiums written | $2,481 | | $2,435 | 2 | % | | | $7,211 | $6,472 | | 11 | % |
| Net premiums written, on constant dollar basis | | | 2 | | | | | | | 11 | | |
| Increase in unearned premiums | (119) | | (237) | 50 | | | | (272) | (17) | | NM | |
| Net premiums earned | 2,362 | | 2,198 | 7 | | | | 6,939 | 6,455 | | 7 | |
| Losses and loss adjustment expenses incurred(a) | 1,641 | | 1,303 | 26 | | | | 4,472 | 4,169 | | 7 | |
First 8 of 24 rows. The CSV has all of them.
Table 77 after “The International Commercial segment consists of insurance businesses and operations in Europe, Middle East and Africa (EMEA region), the Un”
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| Three Months Ended September 30, | | | Nine Months Ended September 30, | | | | | | | | |
| (in millions) | 2026 | 2025 | Change | | | 2026 | 2025 | | Change | | | |
| Underwriting results: | | | | | | | | | | | | |
| Net premiums written | $2,387 | | $2,115 | 13 | % | | | $7,425 | $6,467 | | 15 | % |
| Net premiums written, on constant dollar basis | | | 13 | | | | | | | 12 | | |
| (Increase) decrease in unearned premiums | 20 | | 73 | (73) | | | | (559) | (104) | | (438) | |
| Net premiums earned | 2,407 | | 2,188 | 10 | | | | 6,866 | 6,363 | | 8 | |
| Losses and loss adjustment expenses incurred | 1,388 | | 1,167 | 19 | | | | 3,978 | 3,515 | | 13 | |
First 8 of 17 rows. The CSV has all of them.
| Three Months Ended September 30, | | | Nine Months Ended September 30, | | | | | |
| (in millions) | 2026 | 2025 | Change | | 2026 | 2025 | | Change | |
| Expense ratio | 30.6 | | 31.6 | (1.0) | | | 31.0 | 31.1 | (0.1) |
| Combined ratio | 88.3 | | 84.9 | 3.4 | | | 88.9 | 86.3 | 2.6 |
| Adjustments for accident year loss ratio, as adjusted and accident year combined ratio, as adjusted: | | | | | | | | | |
| Catastrophe losses and reinstatement premiums | (3.5) | | (0.8) | (2.7) | | | (3.1) | (1.8) | (1.3) |
| Prior year development, net of prior year premiums | 1.0 | | 1.9 | (0.9) | | | 0.3 | 1.0 | (0.7) |
| Accident year loss ratio, as adjusted | 55.2 | | 54.4 | 0.8 | | | 55.1 | 54.4 | 0.7 |
First 8 of 9 rows. The CSV has all of them.
| Three Months Ended September 30, | | | Nine Months Ended September 30, | | | | | | | | |
| (in millions) | 2026 | 2025 | Change | | | 2026 | 2025 | | Change | | | |
| Underwriting results: | | | | | | | | | | | | |
| Net premiums written | $1,783 | | $1,680 | 6 | % | | | $5,130 | $4,697 | | 9 | % |
| Net premiums written, on constant dollar basis | | | 9 | | | | | | | 9 | | |
| (Increase) decrease in unearned premiums | (117) | | (26) | (350) | | | | (252) | 172 | | NM | |
| Net premiums earned | 1,666 | | 1,654 | 1 | | | | 4,878 | 4,869 | | — | |
| Losses and loss adjustment expenses incurred | 874 | | 909 | (4) | | | | 2,567 | 2,889 | | (11) | |
First 8 of 24 rows. The CSV has all of them.
Table 80 after “Other Operations predominantly consists of Net investment income from our AIG Parent liquidity portfolio, Corebridge dividend income, corpor”
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| | Three Months Ended September 30, | | | | Nine Months Ended September 30, | | | | | | | | | | |
| (in millions) | | 2026 | | 2025 | Change | | | 2026 | 2025 | | | Change | | | | |
| Net investment income and other | $45 | | $72 | | (38) | % | | $138 | $274 | | | | (50) | % | | |
| Benefits, losses and expenses: | | | | | | | | | | | | | | | | |
| Corporate and other general operating expenses | | 85 | | | 86 | | (1) | | | 246 | | 261 | | | | (6) |
| Interest expense | | 101 | | | 100 | | 1 | | | 300 | | 292 | | | | 3 |
| Total benefits, losses and expenses* | | 186 | | | 186 | | — | | | 546 | | 553 | | | | (1) |
| Adjusted pre-tax loss before consolidation and eliminations | | (141) | | | (114) | | (24) | | | (408) | | (279) | | | | (46) |
First 8 of 10 rows. The CSV has all of them.
Table 81 after “The following table presents a reconciliation of pre-tax income (loss)/net income (loss) attributable to AIG to adjusted pre-tax income (los”
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| Three Months Ended September 30, | 2026 | | 2025 | | | | | | | | | | | | | | | | | | | | |
| (in millions, except per common share data) | | Pre-tax | Total Tax (Benefit) Charge | Non- controlling Interests | | After Tax | | | Pre-tax | Total Tax (Benefit) Charge | Non- controlling Interests | | After Tax | | | | | | | | | | |
| Pre-tax income/Net income, including noncontrolling interests | $1,119 | | $270 | | $— | | $849 | | | $714 | | $190 | | $— | | $524 | | | | | | | |
| Noncontrolling interests | | | | | | (5) | | | (5) | | | | | | | | (5) | | | (5) | | | |
| Pre-tax income/Net income attributable to AIG common shareholders | | 1,119 | | | 270 | | | (5) | | $844 | | | | 714 | | | 190 | | | (5) | | $519 | |
| Changes in uncertain tax positions and other tax adjustments | | | | 5 | | | — | | | (5) | | | | | | (5) | | | — | | | 5 | |
| Deferred income tax valuation allowance releases | | | | 14 | | | — | | | (14) | | | | | | — | | | — | | | — | |
| Changes in the fair values of equity securities and AIG's investment in Corebridge | | 3 | | | 1 | | | — | | | 2 | | | | 288 | | | 60 | | | — | | 228 |
First 8 of 23 rows. The CSV has all of them.
Table 82 after “The following table presents a reconciliation of pre-tax income (loss)/net income (loss) attributable to AIG to adjusted pre-tax income (los”
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| Nine Months Ended September 30, | 2026 | | 2025 | | | | | | | | | | | | | | | | | | | | |
| (in millions, except per common share data) | | Pre-tax | Total Tax (Benefit) Charge | Non- controlling Interests | | After Tax | | | Pre-tax | Total Tax (Benefit) Charge | Non- controlling Interests | | After Tax | | | | | | | | | | |
| Pre-tax income/Net income, including noncontrolling interests | $3,370 | | $810 | | $— | | $2,560 | | | $3,218 | | $852 | | $— | | $2,366 | | | | | | | |
| Noncontrolling interests | | | | | | (5) | | | (5) | | | | | | | | (5) | | | (5) | | | |
| Pre-tax income/Net income attributable to AIG common shareholders | | 3,370 | | | 810 | | | (5) | | | 2,555 | | | | 3,218 | | | 852 | | | (5) | | 2,361 |
| Changes in uncertain tax positions and other tax adjustments | | | | 91 | | | — | | | (91) | | | | | | (1) | | | — | | | 1 | |
| Deferred income tax valuation allowance charges | | | | (67) | | | — | | | 67 | | | | | | (9) | | | — | | | 9 | |
| Changes in the fair values of equity securities and AIG's investment in Corebridge | | 67 | | | 14 | | | — | | | 53 | | | | (393) | | | (83) | | | — | | (310) |
First 8 of 26 rows. The CSV has all of them.
Table 83 after “The following table presents a reconciliation of General Insurance and Other Operations Net investment income and other/pre-tax income (loss”
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| General Insurance | Three Months Ended September 30, | Nine Months Ended September 30, | | | | | | | | | | | |
| 2026 | 2025 | | 2026 | 2025 | | | | | | | | |
| (in millions) | Net Investment Income and Other | Pre-tax Income (Loss) | | Net Investment Income and Other | Pre-tax Income (Loss) | Net Investment Income and Other | | Pre-tax Income (Loss) | Net Investment Income and Other | Pre-tax Income (Loss) | | | |
| Net investment income and other/Pre-tax income (loss)(a) | $1,029 | | $1,198 | | $991 | | $1,184 | | $2,755 | | $3,882 | $2,619 | $3,170 |
| Other income (expense) - net | (2) | | — | | — | | — | | (5) | | — | — | — |
| Changes in the fair values of equity securities and AIG's investment in Corebridge | 5 | | 5 | | (46) | | (46) | | 17 | | 17 | (70) | (70) |
| Net investment income on Fortitude Re funds withheld assets | — | | — | | — | | — | | — | | — | 1 | 1 |
| Net realized (gains) losses on Fortitude Re funds withheld assets | — | | — | | — | | (1) | | — | | (1) | — | 6 |
First 8 of 17 rows. The CSV has all of them.
Table 84 after “The following table presents a reconciliation of General Insurance and Other Operations Net investment income and other/pre-tax income (loss”
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| Other Operations | Three Months Ended September 30, | Nine Months Ended September 30, | | | | | | | | | | | |
| 2026 | 2025 | | 2026 | 2025 | | | | | | | | |
| (in millions) | Net Investment Income and Other | Pre-tax Income (Loss) | | Net Investment Income and Other | Pre-tax Income (Loss) | Net Investment Income and Other | | Pre-tax Income (Loss) | Net Investment Income and Other | Pre-tax Income (Loss) | | | |
| Net investment income and other/Pre-tax income (loss)(a) | $70 | | $(79) | | $(226) | | $(470) | | $185 | | $(512) | $734 | $48 |
| Consolidation and Eliminations | 2 | | — | | (2) | | — | | 2 | | — | 1 | — |
| Other income (expense) - net | 1 | | — | | 2 | | — | | 4 | | — | (9) | — |
| Changes in the fair values of equity securities and AIG's investment in Corebridge | (2) | | (2) | | 334 | | 334 | | 50 | | 50 | (323) | (323) |
| Gain on extinguishment of debt | — | | — | | — | | — | | — | | — | — | (5) |
First 8 of 20 rows. The CSV has all of them.
| September 30, | December 31, | |
| (in millions, except per share data) | 2026 | 2025 | |
| Total AIG common shareholders' equity | $38,883 | | $41,139 |
| Less: Investments related AOCI | (3,840) | | (1,376) |
| Add: Cumulative unrealized gains and losses related to Fortitude Re funds withheld assets | (580) | | (523) |
| Subtotal: Investments AOCI | (3,260) | | (853) |
| AIG adjusted common shareholders' equity | $42,143 | | $41,992 |
| Total AIG common shareholders' equity | $38,883 | | $41,139 |
First 8 of 18 rows. The CSV has all of them.
Table 86 after “The following table presents reconciliations of Return on equity to Adjusted return on equity and Core operating return on equity, which are”
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| Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | |
| (dollars in millions) | 2026 | | 2025 | | 2026 | | 2025 | |
| Actual or annualized net income (loss) attributable to AIG common shareholders | $3,376 | | $2,076 | | $3,407 | | $3,148 | |
| Actual or annualized adjusted after-tax income attributable to AIG common shareholders | $4,344 | | $4,904 | | $4,401 | | $3,963 | |
| Average AIG common shareholders' equity | $39,745 | | $41,293 | | $40,258 | | $41,635 | |
| Less: Average Investments AOCI | (2,311) | | (1,128) | | (1,733) | | (1,560) | |
| Average AIG adjusted common shareholders' equity | $42,056 | | $42,421 | | $41,991 | | $43,195 | |
| Average AIG common shareholders' equity | $39,745 | | $41,293 | | $40,258 | | $41,635 | |
First 8 of 15 rows. The CSV has all of them.
Table 87 after “The following table presents the fair value of our available-for-sale securities:”
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| (in millions) | | September 30, 2026 | | December 31, 2025 | |
| Bonds available for sale: | | | | | |
| U.S. government and government sponsored entities | $3,624 | | $3,298 | | |
| Obligations of states, municipalities and political subdivisions | | 2,329 | | | 2,775 |
| Non-U.S. governments | | 6,173 | | | 6,516 |
| Corporate debt | | 38,283 | | | 37,235 |
| Mortgage-backed, asset-backed and collateralized: | | | | | |
| RMBS - agency | | 5,595 | | | 5,988 |
First 8 of 13 rows. The CSV has all of them.
Table 88 after “The following table presents the fair value of our aggregate credit exposures to non-U.S. governments for our fixed maturity securities:”
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| (in millions) | | September 30, 2026 | | December 31, 2025 | |
| Canada | $1,105 | | $1,207 | | |
| Japan | | 435 | | | 489 |
| United Kingdom | | 392 | | | 344 |
| Germany | | 389 | | | 444 |
| Australia | | 331 | | | 284 |
| Israel | | 260 | | | 322 |
| Korea, Republic of | | 243 | | | 214 |
First 8 of 13 rows. The CSV has all of them.
Table 89 after “The following table presents the fair value of our aggregate European credit exposures by major sector for our fixed maturity securities:”
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| | September 30, 2026 | | December 31, 2025 Total | | | | | | | | | |
| (in millions) | | Sovereign | | Financial Institution | | Non-Financial Corporates | | Structured Products | | Total | | | |
| Euro-Zone countries: | | | | | | | | | | | | | |
| France | $207 | | $1,442 | | $576 | | $37 | | $2,262 | | $2,258 | | |
| Germany | | 389 | | | 240 | | | 1,029 | | | 40 | 1,698 | 1,660 |
| Netherlands | | 60 | | | 541 | | | 215 | | | 46 | 862 | 1,061 |
| Ireland | | 5 | | | 166 | | | 102 | | | 357 | 630 | 733 |
| Spain | | 1 | | | 392 | | | 93 | | | 22 | 508 | 494 |
First 8 of 19 rows. The CSV has all of them.
| | September 30, 2026 | | December 31, 2025 Total | | | | | | | | | |
| (in millions) | | Sovereign | | Financial Institution | | Non-Financial Corporates | | Structured Products | | Total | | | |
| Norway | | 63 | | | 81 | | | 10 | | | — | 154 | 136 |
| Croatia | | 16 | | | — | | | — | | | — | 16 | 17 |
| Other - Remainder of Europe | | 24 | | | 31 | | | 20 | | | 41 | 116 | 100 |
| Total - Remainder of Europe | $602 | | $1,826 | | $2,206 | | $478 | | $5,112 | | $5,176 | | |
| Total | $1,649 | | $5,157 | | $4,746 | | $1,075 | | $12,627 | | $13,023 | | |
Table 91 after “The following table presents the fair values of our available for sale U.S. municipal bond portfolio by state and municipal bond type:”
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| September 30, 2026 | | | | | | | | | | | |
| (in millions) | | State General Obligation | | Local General Obligation | | Revenue | | Total Fair Value | | December 31, 2025 Total Fair Value | | |
| California | $182 | | $120 | | $278 | | $580 | | $690 | | | |
| New York | | 28 | | | 83 | | | 225 | | | 336 | 401 |
| Massachusetts | | 36 | | | 8 | | | 98 | | | 142 | 167 |
| Texas | | 9 | | | 31 | | | 67 | | | 107 | 144 |
| Connecticut | | 26 | | | — | | | 78 | | | 104 | 111 |
| Florida | | 1 | | | — | | | 94 | | | 95 | 127 |
First 8 of 17 rows. The CSV has all of them.
Table 92 after “The following table presents the fair value of our available for sale corporate debt securities by industry categories:”
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| (in millions) | | September 30, 2026 | | December 31, 2025 | |
| Financial institutions: | | | | | |
| Banks | $8,044 | | $8,086 | | |
| Insurance | | 1,566 | | | 1,378 |
| Securities firms and other finance companies | | 994 | | | 856 |
| Other financial institutions | | 5,469 | | | 5,733 |
| Utilities | | 3,386 | | | 3,231 |
| Communications | | 2,402 | | | 2,188 |
First 8 of 15 rows. The CSV has all of them.
Table 93 after “The following table presents the commercial mortgage loan exposure by location and class of loan based on amortized cost:”
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| Number of Loans | | Class | | | Percent of Total | | | | | | | | | | | | | | | |
| (dollars in millions) | | Apartments | | Offices | | Retail | | Industrial | | Hotel | | Others | | Total | | | | | | | |
| September 30, 2026 | | | | | | | | | | | | | | | | | | | | | |
| State: | | | | | | | | | | | | | | | | | | | | | |
| California | 17 | | $88 | | $192 | | $25 | | $17 | | $15 | | $— | | $337 | | 16 | % | | | |
| New York | 15 | | | 30 | | | 174 | | | 44 | | | 19 | | | 32 | | | — | 299 | 14 |
| Texas | 17 | | | 50 | | | 133 | | | 1 | | | 29 | | | — | | | 40 | 253 | 12 |
| Massachusetts | 7 | | | — | | | 124 | | | 47 | | | 6 | | | — | | | — | 177 | 8 |
First 8 of 17 rows. The CSV has all of them.
Table 94 after “The following table presents the commercial mortgage loan exposure by location and class of loan based on amortized cost:”
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| December 31, 2025 | | | | | | | | | | | | | | | | |
| State: | | | | | | | | | | | | | | | | |
| California | 17 | $89 | | $190 | $27 | $18 | | $31 | $— | $355 | | 14 | % | | | |
| New York | 17 | | 48 | | 188 | | 44 | | 19 | | 33 | | | — | 332 | 13 |
| Texas | 19 | | 72 | | 135 | | 1 | | 30 | | 10 | | | — | 248 | 10 |
| Massachusetts | 7 | | — | | 175 | | 48 | | 7 | | — | | | — | 230 | 9 |
| Florida | 11 | | 68 | | — | | 60 | | 8 | | 37 | | | — | 173 | 7 |
| Pennsylvania | 9 | | 28 | | 57 | | 15 | | 18 | | — | | | — | 118 | 5 |
First 8 of 15 rows. The CSV has all of them.
Table 95 after “The following table presents the components of Net realized gains (losses):”
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| Three Months Ended September 30, | | 2026 | | | 2025 | | | | | | | | |
| (in millions) | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | | Total | | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | | Total | | | | |
| Sales and impairments of fixed maturity securities | $(202) | | $(29) | | $(231) | | | $(96) | | $(6) | $(102) | | |
| Change in allowance for credit losses on fixed maturity securities | | 11 | | | — | | | 11 | | | 2 | — | 2 |
| Change in allowance for credit losses on loans | | (10) | | | — | | | (10) | | | (52) | 1 | (51) |
| Foreign exchange transactions | | (12) | | | — | | | (12) | | | (10) | (1) | (11) |
| Derivatives and hedge accounting | | 22 | | | 1 | | | 23 | | | (11) | 2 | (9) |
| Sales of alternative investments | | (11) | | | — | | | (11) | | | (2) | — | (2) |
First 8 of 12 rows. The CSV has all of them.
Table 96 after “The following table presents the components of Net realized gains (losses):”
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| Nine Months Ended September 30, | 2026 | | 2025 | | | | | | | | | | |
| (in millions) | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | | Total | | Excluding Fortitude Re Funds Withheld Assets | Fortitude Re Funds Withheld Assets | | Total | | | | |
| Sales and impairments of fixed maturity securities | $(376) | | $(48) | | $(424) | | | $(453) | | $(62) | $(515) | | |
| Change in allowance for credit losses on fixed maturity securities | | 12 | | | 1 | | | 13 | | | (5) | — | (5) |
| Change in allowance for credit losses on loans | | 22 | | | 1 | | | 23 | | | (2) | 10 | 8 |
| Foreign exchange transactions | | (39) | | | (2) | | | (41) | | | 183 | 18 | 201 |
| Derivatives and hedge accounting | | 4 | | | 3 | | | 7 | | | (137) | (20) | (157) |
| Sales of alternative investments | | (27) | | | — | | | (27) | | | 1 | — | 1 |
First 8 of 12 rows. The CSV has all of them.
Table 97 after “The following table presents the composite AIG credit ratings of our fixed maturity securities calculated on the basis of their fair value:”
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| Available for Sale | Other Bond Securities | | Total | | | | | | |
| (in millions) | September 30, 2026 | December 31, 2025 | | September 30, 2026 | December 31, 2025 | September 30, 2026 | | December 31, 2025 | | |
| Rating: | | | | | | | | | | |
| Other fixed maturity securities | | | | | | | | | | |
| AAA | $3,370 | | $4,063 | | $13 | | $14 | | $3,383 | $4,077 |
| AA | 9,090 | | 8,693 | | 47 | | 50 | | 9,137 | 8,743 |
| A | 17,094 | | 17,679 | | 111 | | 173 | | 17,205 | 17,852 |
| BBB | 15,840 | | 14,565 | | 95 | | 100 | | 15,935 | 14,665 |
First 8 of 23 rows. The CSV has all of them.
| Available for Sale | Other Bond Securities | | Total | | | | | | |
| (in millions) | September 30, 2026 | December 31, 2025 | | September 30, 2026 | December 31, 2025 | September 30, 2026 | | December 31, 2025 | | |
| BBB | 16,214 | | 14,976 | | 159 | | 177 | | 16,373 | 15,153 |
| Below investment grade | 5,874 | | 5,831 | | 30 | | 41 | | 5,904 | 5,872 |
| Non-rated | 65 | | 94 | | 2 | | — | | 67 | 94 |
| Total | $71,642 | | $71,032 | | $649 | | $741 | | $72,291 | $71,773 |
| September 30, 2026 | | December 31, 2025 | | | | | | | |
| (in millions) | Net Loss Reserves | Reinsurance Recoverable | Gross Loss Reserves | | Net Loss Reserves | Reinsurance Recoverable | Gross Loss Reserves | | | |
| General Insurance: | | | | | | | | | | |
| North America Commercial: | | | | | | | | | | |
| U.S. Workers' Compensation (net of discount) | $2,424 | | | $3,457 | | | $5,881 | $2,273 | $3,742 | $6,015 |
| U.S. Excess Casualty | 3,310 | | | 2,654 | | | 5,964 | 3,153 | 2,961 | 6,114 |
| U.S. Other Casualty | 5,053 | | | 3,056 | | | 8,109 | 4,651 | 3,170 | 7,821 |
| U.S. Financial Lines | 5,038 | | | 1,328 | | | 6,366 | 5,270 | 1,516 | 6,786 |
First 8 of 25 rows. The CSV has all of them.
Table 100 after “The following table summarizes incurred (favorable) unfavorable prior year development net of reinsurance by segment and major lines of busi”
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| Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | | | |
| (in millions) | | 2026 | | 2025 | | | 2026 | | 2025 | |
| General Insurance: | | | | | | | | | | |
| North America Commercial: | | | | | | | | | | |
| U.S. Workers' Compensation | $(1) | | $(22) | | | $(186) | | $(139) | | |
| U.S. Excess Casualty | | (6) | | | (7) | | | | 62 | 92 |
| U.S. Other Casualty | | (5) | | | (13) | | | | 6 | 12 |
| U.S. Financial Lines | | (1) | | | (9) | | | | (28) | (19) |
First 8 of 11 rows. The CSV has all of them.
| Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | | | |
| (in millions) | | 2026 | | 2025 | | | 2026 | | 2025 | |
| International Commercial: | | | | | | | | | | |
| UK/Europe Casualty and Financial Lines | $(17) | | $216 | | | $(16) | | $216 | | |
| UK/Europe Property and Special Risks | | 2 | | | (5) | | | | 29 | (19) |
| Other Product Lines | | (9) | | | (258) | | | | (65) | (266) |
| Total International Commercial | $(24) | | $(47) | | | $(52) | | $(69) | | |
| Global Personal: | | | | | | | | | | |
First 8 of 13 rows. The CSV has all of them.
Table 102 after “The table below shows the calculation of the deferred gain on the adverse development reinsurance agreement, the effect of discounting of lo”
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| (in millions) | September 30, 2026 | December 31, 2025 | |
| Gross Covered Losses | | | |
| Covered reserves before discount | $8,058 | | $8,907 |
| Inception to date losses paid | 33,328 | | 32,588 |
| Attachment point | (25,000) | | (25,000) |
| Covered losses above attachment point | $16,386 | | $16,495 |
| (in millions) | September 30, 2026 | December 31, 2025 | |
| Deferred Gain Development | | | |
| Covered losses above attachment ceded to NICO (80%) | $13,109 | | $13,196 |
| Consideration paid including interest | (10,188) | | (10,188) |
| Pre-tax deferred gain before discount and amortization | 2,921 | | 3,008 |
| Discount on ceded losses(a) | (765) | | (891) |
| Pre-tax deferred gain before amortization | 2,156 | | 2,117 |
| Inception to date amortization of deferred gain at inception | (1,766) | | (1,688) |
First 8 of 10 rows. The CSV has all of them.
Table 104 after “The following table presents the rollforward of activity in the deferred gain from the adverse development reinsurance agreement:”
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| Three Months Ended September 30, | | Nine Months Ended September 30, | | | | | | | |
| (in millions) | | 2026 | | 2025 | | | 2026 | | 2025 | |
| Balance at beginning of period, net of discount | $241 | | $316 | | | $273 | | $284 | | |
| (Favorable) unfavorable prior year reserve development ceded to NICO(a) | | 13 | | | 15 | | | | (87) | 137 |
| Amortization attributed to deferred gain at inception(b) | | (26) | | | (31) | | | | (78) | (93) |
| Amortization attributed to changes in deferred gain(c) | | (4) | | | (9) | | | | 44 | (57) |
| Changes in discount on ceded loss reserves | | 54 | | | 7 | | | | 126 | 27 |
| Balance at end of period, net of discount | $278 | | $298 | | | $278 | | $298 | | |
Table 105 after “The following table provides the rollforward of our total debt outstanding:”
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| Nine Months Ended September 30, 2026 | Balance, Beginning of Year | | Issuances | Maturities and Repayments | Effect of Foreign Exchange | Other Changes | | Balance, End of Period | | |
| (in millions) | | | | | | | | | | |
| General borrowings: | | | | | | | | | | |
| Notes and bonds payable | $8,529 | | $1,267 | $— | $(35) | $4 | | $9,765 | | |
| Junior subordinated debt | | 481 | | — | — | | — | | — | 481 |
| Total general borrowings | | 9,010 | | 1,267 | — | | (35) | | 4 | 10,246 |
| Borrowings supported by assets | | 25 | | — | (15) | | — | | — | 10 |
| Total long-term debt | $9,035 | | $1,267 | $(15) | $(35) | $4 | | $10,256 | | |
First 8 of 9 rows. The CSV has all of them.
Table 106 after “The following table summarizes maturing long-term debt at September 30, 2026 of AIG for the next four quarters:”
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| Fourth Quarter | First Quarter | | Second Quarter | Third Quarter | | | |
| (in millions) | 2026 | 2027 | | 2027 | 2027 | Total | | |
| General borrowings | $29 | | $— | | $932 | | $— | $961 |
Table 107 after “The following table presents maturities of long-term debt (including unamortized original issue discount, hedge accounting valuation adjustm”
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| September 30, 2026 | | | | Remainder | | Year Ending | | | | | | | | | | | | |
| (in millions) | | Total | | of 2026 | | 2027 | | 2028 | | 2029 | | 2030 | | 2031 | Thereafter | | | |
| General borrowings: | | | | | | | | | | | | | | | | | | |
| Notes and bonds payable | $9,765 | | $29 | | $932 | | $691 | | $205 | | $960 | | $703 | | $6,245 | | | |
| Junior subordinated debt | | 481 | | | — | | | — | | | — | | | — | | — | — | 481 |
| Total general borrowings | | 10,246 | | | 29 | | | 932 | | | 691 | | | 205 | | 960 | 703 | 6,726 |
| Borrowings supported by assets | | 10 | | | — | | | — | | | — | | | — | | — | — | 10 |
| Total long-term debt* | $10,256 | | $29 | | $932 | | $691 | | $205 | | $960 | | $703 | | $6,736 | | | |
Table 108 after “The following table presents the ratings of our significant insurance subsidiaries as of the date of this filing.”
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| A.M. Best | S&P | Fitch | Moody’s |
| National Union Fire Insurance Company of Pittsburgh, Pa. | A | AA- | AA- | A1 |
| Lexington Insurance Company | A | AA- | AA- | A1 |
| American Home Assurance Company | A | AA- | AA- | A1 |
| AIG Europe S.A. | NR | AA- | AA- | A1 |
| American International Group UK Limited | A | AA- | AA- | A1 |
| AIG General Insurance Company, Ltd. | NR | AA- | NR | NR |
Table 109 after “The following table presents the credit ratings of AIG Parent as of the date of this filing. Figures in parentheses indicate the relative ra”
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| Short-Term Debt | | Senior Debt Rating | | | |
| Moody's | S&P | | Moody's(a) | S&P(b) | Fitch(c) |
| American International Group, Inc. | P-2 (2nd of 4) | A-2 (2nd of 5) | | Baa1 (4th of 9) / Stable | A- (3rd of 9) /Stable | A- (3rd of 9) /Stable |
Table 110 after “The following table provides information about purchases made by or on behalf of AIG or any “affiliated purchaser” (as defined in Rule 10b-1”
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| Period | Total Number of Shares Repurchased | Average Price Paid per Share* | | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs | | Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (in millions) | | |
| July 1-31 | 2,463,935 | $79.21 | | | 2,463,935 | | $2,557 | |
| August 1-31 | 2,182,145 | | 77.30 | | | 2,182,145 | | 2,388 |
| September 1-30 | 2,165,494 | | 75.35 | | | 2,165,494 | | 2,225 |
| Total | 6,811,574 | $77.37 | | | 6,811,574 | | $2,225 | |
| Exhibit Number | Description | Location |
| 4 | (1) Forty-Eighth Supplemental Indenture, dated September 24, 2026, between AIG and The Bank of New York Mellon, as Trustee, relating to the 4.250% Notes Due 2031 (2031 Notes) | Incorporated by reference to Exhibit 4.1 to AIG’s Current Report on Form 8-K, filed with the SEC on September 24, 2026 (File No. 1-8787). |
| (2) Forty-Ninth Supplemental Indenture, dated September 24, 2026, between AIG and The Bank of New York Mellon, as Trustee, relating to the 4.750% Notes Due 2036 (2036 Notes) | Incorporated by reference to Exhibit 4.2 to AIG’s Current Report on Form 8-K, filed with the SEC on September 24, 2026 (File No. 1-8787). |
| (3) Form of the 2031 Notes (included in Exhibit 4.1) | Incorporated by reference to Exhibit 4.3 to AIG’s Current Report on Form 8-K, filed with the SEC on September 24, 2026 (File No. 1-8787). |
| (4) Form of the 2036 Notes (included in Exhibit 4.2) | Incorporated by reference to Exhibit 4.4 to AIG’s Current Report on Form 8-K, filed with the SEC on September 24, 2026 (File No. 1-8787). |
| 10 | (1) Amendment to Employment Agreement, dated September 1, 2026, between AIG and Peter Zaffino* | Filed herewith. |
| 22 | Guaranteed Securities | None. |
| 31 | Rule 13a-14(a)/15d-14(a) Certifications | Filed herewith. |
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