American International Group posted robust first-quarter results, with adjusted earnings per share of $2.11, surpassing estimates by $0.23. The insurer showed improved profitability and underwriting resilience amid market concerns. Shares have declined about 9% over the past year despite the positive performance.
American International Group (AIG) released its Q1 earnings on April 30, 2026, revealing significant year-over-year growth. Adjusted EPS rose 80% to $2.11, beating analyst expectations. The company's accident year combined ratio improved to 86.6%, countering fears of margin compression from slowing premium inflation, while cost efficiencies bolstered profitability. AIG maintained a strong balance sheet, enabling an 11% dividend increase to yield 2.7% and share buybacks that reduced outstanding shares by 9.5% year-over-year. The stock trades below 10 times earnings and at 1.1 times tangible book value, with forward EPS projected near $8. Despite these results, AIG shares have lost roughly 9% in value over the past year. Analysts note the underwriting resilience and recommend a buy rating, anticipating a price above $85.
