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AIG General Insurance Underwriting Income Surges 220% in First Quarter 2026

May 1, 2026
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Insurance Journal
AIG General Insurance Underwriting Income Surges 220% in First Quarter 2026

Story Summary

American International Group's General Insurance segment reported $774 million in underwriting income for Q1 2026, a 220% increase driven by lower catastrophe losses and improved ratios across its North America commercial, global personal, and international commercial units. CEO Peter Zaffino announced his departure effective June 1, noting that strategic transactions and favorable reinsurance renewals supported strong performance despite the sector's broader challenges.

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