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    American International Group (AIG)

    Market Price (10/20/2026): $80.79 | Market Cap: $42.8 BilInvestor Relations Sector: Financials | Industry: Multi-line Insurance

    American International Group (AIG)

    Market Price (10/20/2026): $80.79
    Market Cap: $42.8 Bil
    Sector: Financials
    Industry: Multi-line Insurance

    How To Act on AIGGenerate IncomeTrim
    Play offense
    Generate Income. write calls on AIG shares you ownGet Paid To Wait. collect premium for a lower entryBuy Pullbacks. build the position on a schedule
    Play defense
    Hedge. protect against a single-name shockTrim. right-size before the market doesReduce Volatility. swap AIG risk for a quality portfolio
    Generate IncomeTrimGet Paid To WaitBuy PullbacksHedgeReduce Volatility

    Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

    0

    Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.3%, Dividend Yield is 2.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.8%, FCF Yield is 9.0%

    Cash is significant % of market cap
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -64%

    Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14%, CFO LTM is 3.9 Bil, FCF LTM is 3.9 Bil

    Stock buyback support
    Stock Buyback 3Y Total is 16 Bil

    Low stock price volatility
    Vol 12M is 23%

    Megatrend and thematic drivers
    Megatrends include AI in Financial Services, Digital & Alternative Assets, and Sustainable Finance. Themes include AI for Fraud Detection, Show more.

    Weak multi-year price returns
    2Y Excs Rtn is -22%, 3Y Excs Rtn is -35%

    Weak revenue growth
    Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.9%

    Key risks
    AIG key risks include [1] diminished financial strength, Show more.

    0 Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.3%, Dividend Yield is 2.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.8%, FCF Yield is 9.0%
    1 Cash is significant % of market cap
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -64%
    2 Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 14%, CFO LTM is 3.9 Bil, FCF LTM is 3.9 Bil
    3 Stock buyback support
    Stock Buyback 3Y Total is 16 Bil
    4 Low stock price volatility
    Vol 12M is 23%
    5 Megatrend and thematic drivers
    Megatrends include AI in Financial Services, Digital & Alternative Assets, and Sustainable Finance. Themes include AI for Fraud Detection, Show more.
    6 Weak multi-year price returns
    2Y Excs Rtn is -22%, 3Y Excs Rtn is -35%
    7 Weak revenue growth
    Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.9%
    8 Key risks
    AIG key risks include [1] diminished financial strength, Show more.

    AIG in ETFs

    Weight = AIG's share of each fund

    SPY0.06%
    VOO0.06%
    IVV0.06%
    VTI0.05%
    ITOT0.06%
    IWB0.06%
    RSP0.21%
    VTV0.15%
    +22 more covered ETFs

    Valuation & Metrics

    FYE: 12/31AIG [1]S&P 500 [2]
    REVENUE GROWTH
    LTM Revenue [3]$26.7 Bil—
    FY 2026 Sales$28.9 Bil—
    FY 2027 Sales$31.4 Bil—
    FY 2026 Sales Growth8.3%—
    FY 2027 Sales Growth8.8%13.3%
    EARNINGS
    LTM Net Income (GAAP) [3]$3.0 Bil—
    FY 2026 Net Income (Non-GAAP)$4.6 Bil—
    FY 2027 Net Income (Non-GAAP)$5.0 Bil—
    FY 2027 Net Income Growth8.9%19.1%
    FY 2026 EPS (Non-GAAP)$8.10—
    FY 2027 EPS (Non-GAAP)$8.83—
    FY 2027 EPS Growth8.9%—
    VALUATION
    FY 2026 P/S1.51.7
    FY 2027 P/S1.4—
    FY 2026 P/E9.37.7
    FY 2027 P/E8.5—

    [1] AIG forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
    [2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 10/31/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
    [3] LTM = reported trailing-twelve-month actuals (GAAP).
    AIGS&P 500
    REVENUE GROWTH 
    Rev LTM ($ Bil)26.7
    Rev Chg Q0.6%9.3%
    Rev Chg LTM-3.9%8.3%
    Rev Chg 3Y Avg11.7%5.9%
    PROFITABILITYFAIR
    Op Inc LTM ($ Bil)�
    CFO LTM ($ Bil)3.9
    Net Inc LTM ($ Bil)3.0
    CFO/Rev LTM14.4%21.9%
    Net Inc Mgn11.1%13.3%
    VALUATIONLOW
    P/S1.63.1
    P/CFO11.115.0
    P/FCF11.119.6
    P/E14.422.9

    AI Analysis | Feedback

    MetricValueDateSource
    General Insurance Combined Ratio86.8%9302025Link
    General Insurance Accident Year Combined Ratio (as adjusted)88.3%9302025Link
    Core Operating Return on Equity13.6%9302025Link
    Book Value per Share$75.459302025Link
    Adjusted Tangible Book Value per Share$70.079302025Link
    Core Operating Book Value per Share$66.669302025Link
    Total Debt to Total Adjusted Capital Ratio17.7%9302025Link
    AIG's Share of Industry Catastrophe Lossesless than 1%12312024Link
    Exit Run-Rate Savings (AIG Next)$450 million12312024Link
    Global Commercial Lines Renewal Retention88%12312023Link

    Price Chart

    No Events

    Why The Stock Moved

    Qualitative Assessment

    AI Analysis | Feedback

    Updated on 10/16/2026

    American International Group (AIG) stock has gained about 10% since 6/30/2026 because of the following key factors:

    1. American International Group (AIG) reported stronger-than-expected fiscal Q2 2026 earnings, demonstrating robust operational performance. On August 7, 2026, AIG announced an adjusted earnings per share (EPS) of $2.00, surpassing the consensus analyst estimate of $1.92 by $0.08, or 3.7%. This performance was driven by a 10% increase in General Insurance underwriting income to $686 million, and an improvement in the combined ratio by 30 basis points to 88.1%. Additionally, net premiums written for the first half of the year rose by 13%. The company also reaffirmed its 2027 target for a General Insurance expense ratio below 30% and projected $3 billion in capital generation through 2027, signaling continued financial discipline and future value creation.

    2. AIG actively engaged in significant capital returns to shareholders through share repurchases and dividends. During fiscal Q2 2026, the company returned a total of $904 million to shareholders, comprising $641 million through common stock repurchases, which amounted to approximately 8 million shares, and $263 million in common stock dividends. Furthermore, AIG declared a quarterly cash dividend of $0.50 per share, payable on September 30, 2026, reinforcing its commitment to shareholder value.

    Show more
    Updated on 10/16/2026

    American International Group (AIG) stock has gained about 10% since 6/30/2026 because of the following key factors:

    1. American International Group (AIG) reported stronger-than-expected fiscal Q2 2026 earnings, demonstrating robust operational performance. On August 7, 2026, AIG announced an adjusted earnings per share (EPS) of $2.00, surpassing the consensus analyst estimate of $1.92 by $0.08, or 3.7%. This performance was driven by a 10% increase in General Insurance underwriting income to $686 million, and an improvement in the combined ratio by 30 basis points to 88.1%. Additionally, net premiums written for the first half of the year rose by 13%. The company also reaffirmed its 2027 target for a General Insurance expense ratio below 30% and projected $3 billion in capital generation through 2027, signaling continued financial discipline and future value creation.

    2. AIG actively engaged in significant capital returns to shareholders through share repurchases and dividends. During fiscal Q2 2026, the company returned a total of $904 million to shareholders, comprising $641 million through common stock repurchases, which amounted to approximately 8 million shares, and $263 million in common stock dividends. Furthermore, AIG declared a quarterly cash dividend of $0.50 per share, payable on September 30, 2026, reinforcing its commitment to shareholder value.

    3. Favorable macroeconomic conditions, particularly elevated government bond yields, supported the insurance sector. During fiscal Q3 2026, sustained high government bond yields provided an attractive opportunity for insurers, including AIG, to enhance investment income and strengthen portfolio resilience by locking in higher rates. The broader global economy also exhibited resilience with better-than-expected growth and healthy corporate earnings, which generally benefits financial institutions. The U.S. property and casualty (P&C) insurance industry, a key segment for AIG, specifically benefited from firmer underwriting conditions.

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    Stock Movement Drivers

    Fundamental Drivers

    The 8.9% change in AIG stock from 6/30/2026 to 10/19/2026 was primarily driven by a 14.3% change in the company's P/E Multiple.
    (LTM values as of)630202610192026Change
    Stock Price ($)74.0480.668.9%
    Change Contribution By: 
    Total Revenues ($ Mil)26,61626,6610.2%
    Net Income Margin (%)11.9%11.1%-6.4%
    P/E Multiple12.614.414.3%
    Shares Outstanding (Mil)5385301.6%
    Cumulative Contribution8.9%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    6/30/2026 to 10/19/2026
    ReturnCorrelation
    AIG8.9% 
    Market (SPY)2.6%-13.5%
    Sector (XLF)2.7%39.5%

    Fundamental Drivers

    The 8.6% change in AIG stock from 3/31/2026 to 10/19/2026 was primarily driven by a 11.1% change in the company's P/E Multiple.
    (LTM values as of)331202610192026Change
    Stock Price ($)74.2680.668.6%
    Change Contribution By: 
    Total Revenues ($ Mil)26,77426,661-0.4%
    Net Income Margin (%)11.6%11.1%-3.8%
    P/E Multiple13.014.411.1%
    Shares Outstanding (Mil)5415302.1%
    Cumulative Contribution8.6%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    3/31/2026 to 10/19/2026
    ReturnCorrelation
    AIG8.6% 
    Market (SPY)18.2%-12.0%
    Sector (XLF)11.9%40.6%

    Fundamental Drivers

    The 5.2% change in AIG stock from 9/30/2025 to 10/19/2026 was primarily driven by a 8.2% change in the company's Shares Outstanding (Mil).
    (LTM values as of)930202510192026Change
    Stock Price ($)76.6580.665.2%
    Change Contribution By: 
    Total Revenues ($ Mil)27,74326,661-3.9%
    Net Income Margin (%)11.5%11.1%-3.6%
    P/E Multiple13.714.45.0%
    Shares Outstanding (Mil)5735308.2%
    Cumulative Contribution5.2%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    9/30/2025 to 10/19/2026
    ReturnCorrelation
    AIG5.2% 
    Market (SPY)16.0%1.8%
    Sector (XLF)3.5%37.5%

    Fundamental Drivers

    The 42.3% change in AIG stock from 9/30/2023 to 10/19/2026 was primarily driven by a 68.9% change in the company's P/E Multiple.
    (LTM values as of)930202310192026Change
    Stock Price ($)56.6880.6642.3%
    Change Contribution By: 
    Total Revenues ($ Mil)19,85226,66134.3%
    Net Income Margin (%)24.3%11.1%-54.2%
    P/E Multiple8.514.468.9%
    Shares Outstanding (Mil)72653037.1%
    Cumulative Contribution42.3%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    9/30/2023 to 10/19/2026
    ReturnCorrelation
    AIG42.3% 
    Market (SPY)85.5%33.7%
    Sector (XLF)73.3%56.8%

    Return vs. Risk

    Price Returns Compared

     202120222023202420252026Total [1]
    Returns
    AIG Return54%14%10%10%20%-4%144%
    Peers Return27%14%4%28%9%22%157%
    S&P 500 Return27%-19%24%23%16%12%104%

    Monthly Win Rates [3]
    AIG Win Rate67%67%58%58%67%40% 
    Peers Win Rate57%63%60%65%58%50% 
    S&P 500 Win Rate75%42%67%75%67%50% 

    Max Drawdowns [4]
    AIG Max Drawdown-16%-25%-26%-12%-14%-16% 
    Peers Max Drawdown-14%-21%-24%-12%-16%-15% 
    S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

    [1] Cumulative total returns since the beginning of 2021
    [2] Peers: MET, PRU, CB, ALL, TRV. See AIG Returns vs. Peers.
    [3] Win Rate = % of calendar months in which monthly returns were positive
    [4] Max drawdown represents maximum peak-to-trough decline within a year
    [5] 2026 data is for the year up to 10/19/2026 (YTD)

    How Low Can It Go

    EventAIGS&P 500
    2023 SVB Regional Banking Crisis
      % Loss-23.4%-6.7%
      % Gain to Breakeven30.5%7.1%
      Time to Breakeven132 days31 days
    2022 Inflation Shock & Fed Tightening
      % Loss-15.8%-24.5%
      % Gain to Breakeven18.8%32.4%
      Time to Breakeven28 days427 days
    2020 COVID-19 Crash
      % Loss-61.5%-33.7%
      % Gain to Breakeven159.8%50.9%
      Time to Breakeven357 days140 days
    Q4 2018 Fed Policy Error / Growth Scare
      % Loss-30.7%-19.2%
      % Gain to Breakeven44.3%23.8%
      Time to Breakeven160 days105 days
    2015-2016 China Devaluation / Global Growth Scare
      % Loss-21.2%-12.2%
      % Gain to Breakeven26.9%13.9%
      Time to Breakeven255 days62 days
    2014-2016 Oil Price Collapse
      % Loss-12.4%-6.8%
      % Gain to Breakeven14.2%7.3%
      Time to Breakeven35 days15 days

    Compare to MET, PRU, CB, ALL, TRV

    In The Past

    American International Group's stock fell 0.0% during the 2025 US Tariff Shock. Such a loss loss requires a 0.0% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    EventAIGS&P 500
    2023 SVB Regional Banking Crisis
      % Loss-23.4%-6.7%
      % Gain to Breakeven30.5%7.1%
      Time to Breakeven132 days31 days
    2020 COVID-19 Crash
      % Loss-61.5%-33.7%
      % Gain to Breakeven159.8%50.9%
      Time to Breakeven357 days140 days
    Q4 2018 Fed Policy Error / Growth Scare
      % Loss-30.7%-19.2%
      % Gain to Breakeven44.3%23.8%
      Time to Breakeven160 days105 days
    2015-2016 China Devaluation / Global Growth Scare
      % Loss-21.2%-12.2%
      % Gain to Breakeven26.9%13.9%
      Time to Breakeven255 days62 days
    2011 US Debt Ceiling Crisis & European Contagion
      % Loss-29.7%-17.9%
      % Gain to Breakeven42.2%21.8%
      Time to Breakeven149 days123 days
    2010 Eurozone Sovereign Debt Crisis / Flash Crash
      % Loss-25.6%-15.4%
      % Gain to Breakeven34.5%18.2%
      Time to Breakeven125 days125 days

    Compare to MET, PRU, CB, ALL, TRV

    In The Past

    American International Group's stock fell 0.0% during the 2025 US Tariff Shock. Such a loss loss requires a 0.0% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    About American International Group (AIG)

    American International Group (AIG) is a global insurance company that provides a comprehensive suite of insurance products and financial services to commercial, institutional, and individual customers across North America and internationally. The company operates through two primary segments: General Insurance and Life and Retirement.

    The General Insurance segment offers an extensive range of property and casualty coverage. This includes core commercial lines such as general liability, workers' compensation, commercial property, and auto liability, along with specialized areas like aerospace, marine, and political risk insurance. It also provides professional liability products, including directors and officers (D&O), cyber risk, and errors and omissions (E&O) insurance. For individual clients, this segment offers personal auto, homeowners, umbrella, and travel insurance products.

    AIG's Life and Retirement segment focuses on long-term financial security and planning. Its offerings comprise a variety of annuities, including variable, index, and fixed options, as well as retail mutual funds and life insurance products like term and universal life policies. This segment also provides financial planning services, record-keeping for retirement plans, and pension risk transfer solutions. AIG reaches its diverse customer base through multiple distribution channels, including independent agents, financial advisors, banks, and broker-dealers.

    AI Analysis | Feedback

    Here are 1-3 brief analogies for American International Group (AIG):

    • AIG is like Travelers (TRV) and MetLife (MET) under one roof, offering a comprehensive range of general, life, and retirement insurance products.
    • Imagine Allstate (ALL), but on a much grander, global scale, providing extensive commercial insurance in addition to personal lines, plus a full suite of life and retirement products.
    • Think of AIG as a global State Farm (private), but also serving major corporations and offering a broad array of life insurance and retirement plans.

    AI Analysis | Feedback

    • Commercial Casualty Insurance: Covers general liability, workers' compensation, and commercial automobile liability for businesses.
    • Commercial Property Insurance: Protects commercial, industrial, and energy-related properties against various perils.
    • Professional Liability Insurance: Shields businesses and professionals from claims related to errors, omissions, and mismanagement, including Directors & Officers (D&O) and cyber risk.
    • Personal Insurance: Provides coverage for individual assets such as homes, automobiles, yachts, and fine art, along with personal accident and travel insurance.
    • Specialty Commercial Insurance: Offers niche coverages including aerospace, political risk, trade credit, crop, and marine insurance.
    • Annuities: Provides variable, index, and fixed annuities designed for retirement savings and income generation.
    • Life Insurance: Offers term life and universal life insurance products for financial protection and estate planning.
    • Retail Mutual Funds: Manages and offers a variety of mutual funds for individual investors.
    • Retirement Plan Services: Delivers financial planning, advisory, record-keeping, and administrative services for retirement plans.
    • Pension Risk Transfer: Provides solutions like structured settlement and pension risk transfer annuities to manage corporate and institutional pension liabilities.

    AI Analysis | Feedback

    American International Group (AIG) serves a diverse base of customers, primarily falling into two major categories:

    1. Commercial and Institutional Clients: AIG provides a broad range of insurance and financial products to businesses, corporations, and institutions across various sectors. This includes, but is not limited to:
      • Commercial, industrial, and energy-related businesses seeking general liability, property, environmental, commercial automobile, workers' compensation, and crisis management insurance.
      • Companies in specialized industries such as aerospace, marine, and those requiring political risk or trade credit insurance.
      • Businesses and professional entities requiring professional liability coverage, including Directors and Officers (D&O), Errors and Omissions (E&O), cyber risk, employment practices liability, and mergers and acquisitions insurance.
      • Corporations, banks, and pension plans utilizing products like corporate-owned life insurance, guaranteed investment contracts, stable value wraps, structured settlement annuities, and pension risk transfer annuities.
    2. Individual Consumers: AIG offers various personal insurance and retirement solutions directly and indirectly to individuals. This category includes:
      • Individuals seeking personal property and casualty insurance, such as auto, homeowners, umbrella, yacht, fine art, and travel insurance.
      • Individuals interested in life and retirement products, including variable, index, and fixed annuities, retail mutual funds, term life, and universal life insurance.
      • Individuals covered by voluntary or sponsor-paid personal accident and supplemental health products.

    AI Analysis | Feedback

    • Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B)
    • Swiss Re Ltd. (SWX: SREN)

    AI Analysis | Feedback

    Eric Andersen, President & Chief Executive Officer

    Eric Andersen became President and Chief Executive Officer of AIG on June 1, 2026, after joining the company as President and CEO Elect in February 2026. He has approximately three decades of experience in the insurance industry, having previously served as President of Aon plc from 2020 to 2025, Senior Advisor to the CEO at Aon in 2025-2026, and earlier, he led Aon Benfield and Aon Risk Solutions Americas.

    Keith Walsh, Executive Vice President & Chief Financial Officer

    Keith Walsh joined AIG in October 2024 as Executive Vice President and Chief Financial Officer, overseeing the global finance organization. Prior to AIG, he held the positions of Chief Financial Officer, Vice President, and Head of Investor Relations at Marsh McLennan Companies. He also previously worked at Citi.

    Rose Marie Glazer, Executive Vice President & General Counsel

    Rose Marie Glazer is Executive Vice President and General Counsel of AIG, responsible for legal, compliance, regulatory, and government affairs. She joined AIG in 2017 as Senior Vice President, Corporate Secretary and Deputy General Counsel, and served as interim Chief Human Resources Officer from 2022 to 2024. Her previous experience includes serving as Senior Vice President and General Counsel for the Americas at Siemens AG.

    Jonathan Hancock, Executive Vice President & Chief Executive Officer, General Insurance

    Jonathan Hancock is Executive Vice President and Chief Executive Officer of General Insurance at AIG. In this role, he oversees the company's commercial and personal insurance businesses, claims, and the chief underwriting office.

    Melissa Twiningdavis, Executive Vice President, Chief Operations & Administrative Officer

    Melissa Twiningdavis serves as Executive Vice President, Chief Operations & Administrative Officer at AIG, having joined the company in 2024 as Executive Vice President and Chief Administrative Officer. Before her time at AIG, she was a Senior Managing Director at Accenture from 2023 to 2024 and held the position of Division President at Precision Castparts from 2018 to 2022.

    AI Analysis | Feedback

    The key risks to American International Group (AIG) primarily stem from its core insurance operations and the evolving global landscape.

    1. Exposure to Catastrophic Events: As a global general insurance provider, AIG is significantly exposed to the financial impact of natural disasters and other catastrophic events. The company's 2024 annual report highlighted operations against a backdrop of "extreme natural weather events" and reported an estimated net loss of approximately $500 million from California wildfires in the fourth quarter of 2024. This risk encompasses property damage, business interruption, and other related claims across its diverse portfolio, exacerbated by an "active catastrophe market" and "climate change" mentioned in its 2025 annual report.
    2. Evolving Technological Risks (AI and Cybersecurity): The rapid advancement of technology, particularly artificial intelligence, presents new and complex risks for insurers. AIG, along with other major insurers, has sought regulatory approval for new policy exclusions to limit exposure to liabilities arising from AI failures, citing concerns about "systemic, correlated losses" and the unpredictability of large language models. Additionally, AIG recognizes ongoing cybersecurity risks, especially as industries like automotive become more interconnected and vulnerable to cyberattacks, which can affect insured assets and operational systems.
    3. Underwriting and Market Volatility Risks: A fundamental risk for any insurance company is the accurate assessment and pricing of risk (underwriting discipline) and managing claims. AIG operates in a complex environment marked by "geopolitical tensions, economic volatility, and continued inflationary uncertainty." While AIG has focused on improving its underwriting profitability, mispricing policies or underestimating future claims, especially in an inflationary environment, remains an inherent challenge. Insurance fraud is also a serious concern that adversely impacts profitability. The investment of premiums also exposes AIG to market risk, where changes in market values can affect derivative positions and potentially lead to liquidity issues, as seen historically.

    AI Analysis | Feedback

    The rise of Insurtech and Fintech companies represents a clear emerging threat. These new entrants leverage advanced technologies such as artificial intelligence, big data analytics, the Internet of Things (IoT), and blockchain to offer more efficient, personalized, and often lower-cost insurance and financial products. For AIG's General Insurance segment, this threatens traditional underwriting, claims processing, and distribution models, particularly in personal lines (e.g., auto, homeowners) and increasingly in specialized commercial risks (e.g., cyber, property) through automated, data-driven, or parametric solutions. In its Life and Retirement segment, Fintech platforms and robo-advisors are disrupting traditional distribution channels for annuities and life insurance, offering direct-to-consumer options and challenging the role of independent agents, financial advisors, and broker-dealers.

    AI Analysis | Feedback

    American International Group (AIG) operates across a diverse range of insurance products and services globally and within the U.S. Identifying the addressable market sizes for its main offerings reveals a multi-trillion-dollar opportunity across various segments.

    General Insurance Segment

    • Commercial Property Insurance: The global commercial property insurance market was valued at approximately USD 332.1 billion in 2025 and is projected to reach USD 711.4 billion by 2034. In North America, the demand for commercial property insurance is substantial due to robust economic infrastructure and a high concentration of businesses.
    • General Liability Insurance: The global general liability insurance market was estimated at approximately USD 238.4 billion in gross written premiums in 2024, with a forecast to reach approximately USD 382 billion by 2032. The U.S. general liability insurance market alone is projected to grow from USD 109.52 billion in 2026 to USD 136.48 billion by 2031.
    • Workers' Compensation Insurance: Globally, the workers' compensation insurance market is expected to stand at USD 55 billion in 2026 and reach USD 84 billion by 2033. Another estimate places the global market at USD 85.5 billion in 2025, growing to USD 150.3 billion by 2034. North America is expected to dominate this market, holding a 41.0% share in 2026.
    • Professional Liability Insurance: The global professional liability insurance market was valued at $72.4 billion in 2025 and is projected to reach $138.6 billion by 2034. North America held the largest revenue share, accounting for 42.3% of this market.
    • Personal Auto Insurance: The U.S. personal auto insurance market is a significant segment, with annual premiums written sitting at roughly $312 billion as of 2024. Other sources project the U.S. market size to be around $402.5 billion in 2026. Globally, the auto insurance market was valued at USD 910.96 billion in 2025 and is projected to grow to USD 1,930.04 billion by 2034.
    • Homeowners Insurance: (Information not available in the provided search results.)
    • Personal Accident & Supplemental Health Products: The global Personal Accident and Health Insurance Market is estimated at USD 3642.23 billion in 2026, with a projection to reach USD 5379.5 billion by 2035. North America is a leading market for personal accident and health insurance.
    • Travel Insurance: (Information not available in the provided search results.)
    • Extended Warranty Insurance: (Information not available in the provided search results.)
    • Cyber Risk Insurance: While a specific global market size for cyber risk insurance as a standalone product was not explicitly found, it is a rapidly growing segment within professional liability insurance. The global IT and technology application segment of the professional liability insurance market is projected to grow at a CAGR of 11.4% from 2026 to 2034. The U.S. liability insurance market identifies cyber liability insurance as its fastest-growing type segment, with a predicted CAGR of 16.4% from 2026 to 2034.

    Life and Retirement Segment

    • Life Insurance: The global life insurance market size was estimated at USD 8.25 trillion in 2025 and is predicted to increase to approximately USD 19.36 trillion by 2035. The U.S. life insurance market size was estimated at USD 2.11 trillion in 2025 and is predicted to reach around USD 5.11 trillion by 2035. Another source indicates the U.S. life insurance market is expected to generate over $1.27 trillion in gross written premiums in 2024, making it the largest life insurance market globally.
    • Annuities: The U.S. market size for life insurance & annuities combined is $1.2 trillion in 2026. Globally, the "annuity premiums & deposits" segment dominated the life insurance market in 2025. The "annuities and pension plans" segment is also expected to be the fastest-growing segment in the global life insurance market from 2026 to 2035.
    • Retail Mutual Funds: (Information not available in the provided search results.)
    • Specialized Institutional Products (e.g., Stable Value Wrap Products, Structured Settlement and Pension Risk Transfer Annuities, Corporate- and Bank-Owned Life Insurance, Guaranteed Investment Contracts): Due to the highly specialized nature of these products, specific addressable market sizes were not readily available in the provided search results.

    Note: For certain niche products, specific addressable market sizes were not explicitly detailed in the search results. In such cases, these are noted as "null."

    AI Analysis | Feedback

    American International Group (AIG) is anticipated to drive future revenue growth over the next two to three years through several key strategic initiatives:

    1. Underwriting Excellence and Selective Profitable Growth: AIG is prioritizing disciplined underwriting and focusing on expanding in attractive market segments. This involves a commitment to achieving strong risk-adjusted returns and being prepared to forgo unprofitable business. The company has highlighted opportunities and strong momentum in areas such as Accident & Health and high net worth personal lines.
    2. Leveraging Artificial Intelligence (AI) and Digital Transformation: AIG is significantly investing in accelerating its AI strategy to enhance its capabilities, improve underwriting processes, and streamline claims handling. The company expects AI-driven productivity gains to lead to faster decision-making, improved efficiency, and deeper insights into performance, which will indirectly contribute to revenue growth by optimizing operations and potentially enabling new products or services.
    3. Strategic Investments and Partnerships: AIG has engaged in various strategic transactions, including investments in companies like Convex Group, renewal rights agreements (e.g., with Everest), and the launch of special purpose vehicles in collaboration with partners such as Blackstone, Amwins, and Palantir Technologies. These initiatives are specifically aimed at expanding AIG's capabilities, deepening its use of advanced analytics, and positioning the company to capture new growth opportunities within the insurance and risk landscape.

    AI Analysis | Feedback

    Capital Allocation Decisions for American International Group (AIG)

    Share Repurchases

    • AIG returned approximately $5.8 billion to shareholders through share repurchases in 2025.
    • In the first two quarters of 2026, AIG executed common stock repurchases totaling $519 million in Q1 and $641 million in Q2.
    • Effective April 1, 2025, AIG's Board of Directors authorized a new share repurchase program of up to $7.5 billion, which included approximately $3.4 billion remaining from a previous authorization. As of February 6, 2026, $3.8 billion remained under this authorization.

    Share Issuance

    • AIG did not report significant share issuances for fiscal years 2021 through 2025, with annual repurchases consistently reducing the number of outstanding shares.
    • The number of shares outstanding decreased by 37.8% over approximately five years, reaching 538 million shares in 2026.
    • Shares outstanding at the end of fiscal 2025 were $570.4 million, a decrease of 13.2% from $657.3 million in fiscal 2024.

    Outbound Investments

    • In February 2026, AIG completed the acquisition of a 35% equity interest in Convex Group Limited, a privately held specialty insurer, for approximately $2.1 billion.
    • AIG also acquired a 9.9% ownership stake in Onex Corporation, a global asset manager, for approximately $646 million in February 2026. Additionally, AIG committed to investing up to $2 billion over three years in Onex's investment funds.
    • In January 2026, AIG announced a strategic partnership with CVC, allocating up to $2 billion across CVC's credit strategies, with an initial deployment of $1 billion in 2026, and contributing up to $1.5 billion from its existing private equity portfolio to CVC's private equity secondaries evergreen platform.

    Capital Expenditures

    • American International Group reported $0.00 million in capital expenditures for the three months ended June 2026.
    • Capital expenditures for 2025 were reported as "N/A," indicating they were not a significant reported figure.

    Interactive Breakdown

    American International Group Interactive Breakdown Analysis

    Peer Outperformance in Multi-line Insurance

    AIG has trailed 63% of its 8 Multi-line Insurance peers over 5Y. Among the peers that beat it is AIZ. Multi-line Insurance ranks 7th of 18 industries in Financials by median 5Y return.
    Share of Multi-line Insurance constituents that AIG has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
    1Y
    38%
    of 8 industry peers · 6.8% return
    3Y
    13%
    of 8 industry peers · 44.9% return
    5Y
    38%
    of 8 industry peers · 54.2% return
    Multi-line Insurance peers with revenue growth within 4pp of AIG's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
    Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
    AIG American International Group 11.7% 14.4x 6.8%44.9%54.2% —
    AIZ Assurant 8.4% 13.1x 36.1%101.2%86.7% +32pp
    Price returns, excluding dividends. P/E shown for context only and not used for matching.
    Median price return by industry across the Financials sector, ranked by 5Y. Multi-line Insurance is AIG's own industry. Use this to see which corners of the sector have carried the returns.
    Industry Names 1Y med3Y med5Y med Top 3 by 5Y
    Reinsurance 6 27.7%71.4%119.0% SPNT 174% · RNR 149% · RGA 147%
    Diversified Banks 12 29.7%140.5%87.0% CM 136% · JPM 124% · RY 121%
    Life & Health Insurance 20 13.4%59.3%80.6% JXN 472% · UNM 283% · MFC 176%
    Investment Banking & Brokerage 13 -12.1%99.2%70.7% IBKR 353% · SNEX 175% · GS 140%
    Multi-Sector Holdings 4 4.0%55.4%67.6% BRK-B 87% · VOYA 48% · JEF 27%
    Property & Casualty Insurance 42 13.3%78.9%65.8% TRV 173% · PGR 164% · ACGL 151%
    Multi-line Insurance ← 9 8.5%65.6%61.0% GNW 101% · L 95% · AIZ 87%
    Regional Banks 265 30.6%94.5%49.1% CBC 219% · FCNCA 156% · FBP 139%
    Financial Exchanges & Data 15 6.6%32.2%29.2% CBOE 160% · VIRT 156% · CME 66%
    Consumer Finance 30 5.5%83.5%21.1% ENVA 393% · EZPW 314% · FCFS 155%
    Insurance Brokers 15 -8.7%5.8%12.7% LIFE 343% · ARX 89% · AJG 64%
    Diversified Financial Services 4 -2.2%22.0%7.5% FRHC 164% · EQH 83%
    Asset Management & Custody Banks 83 -12.5%19.2%1.7% WT 292% · AAMI 254% · VCTR 248%
    Commercial & Residential Mortgage Finance 14 -58.8%23.7%-12.1% FNMA 258% · FMCC 236% · ACT 157%
    Specialized Finance 3 8.7%35.1%-13.0% CACC -13% · HASI -22%
    Mortgage REITs 34 -21.6%-4.6%-34.7% RITM 24% · DX 13% · AGNC 3%
    Transaction & Payment Processing Services 17 3.1%7.0%-40.1% V 79% · MA 75% · CPAY 46%
    Diversified Capital Markets 20 -48.0%12.8%-58.7% LPLA 86% · TW 39% · RIOT -55%
    Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

    Latest Trefis Analyses

    TitleDate
    0DASHBOARDS 
    1American International Stock On Fire: Up 13% With 5-Day Winning Streak12/16/2025
    2Can American International Stock Hold Up When Markets Turn?10/17/2025
    3AIG Dip Buy Analysis07/10/2025
    4American International Total Shareholder Return (TSR): 11.8% in 2024 and 13.0% 3-yr compounded annual returns (below peer average)03/07/2025
    5American International (AIG) Operating Cash Flow Comparison02/17/2025
    6American International (AIG) Net Income Comparison02/15/2025
    7American International vs. S&P500 Correlation10/03/2024
    8American International Price Volatility09/24/2024
    9Fundamental Metrics: ...06/19/2024
    10American International Group (AIG) Earnings Preview: AIG Stock Likely To Trade Higher Due To Strong FY 2023Q4 Results With Revenues And Earnings Beating Expectations02/13/2024
    11ARTICLES 
    12S&P 500 Movers | Winners: SNDK, WDC, STX | Losers: AIG, JCI, CVX01/06/2026
    13How Will AIG Stock React To Its Upcoming Earnings?08/04/2025
    14American International Group Stock Up 7% Over Last Year, What’s Next?01/06/2025
    15American International Group Stock Is Up 9% YTD, What’s Next?06/20/2024
    16Up 14% In The Last Twelve Months, What To Expect From American International Group Stock In Q4?02/13/2024
    Title
    0DASHBOARDS
    1American International Stock On Fire: Up 13% With 5-Day Winning Streak
    2Can American International Stock Hold Up When Markets Turn?
    3AIG Dip Buy Analysis
    4American International Total Shareholder Return (TSR): 11.8% in 2024 and 13.0% 3-yr compounded annual returns (below peer average)
    5American International (AIG) Operating Cash Flow Comparison
    6American International (AIG) Net Income Comparison
    7American International vs. S&P500 Correlation
    8American International Price Volatility
    9Fundamental Metrics: ...
    10American International Group (AIG) Earnings Preview: AIG Stock Likely To Trade Higher Due To Strong FY 2023Q4 Results With Revenues And Earnings Beating Expectations
    11ARTICLES
    12S&P 500 Movers | Winners: SNDK, WDC, STX | Losers: AIG, JCI, CVX
    13How Will AIG Stock React To Its Upcoming Earnings?
    14American International Group Stock Up 7% Over Last Year, What’s Next?
    15American International Group Stock Is Up 9% YTD, What’s Next?
    16Up 14% In The Last Twelve Months, What To Expect From American International Group Stock In Q4?

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    Peers to compare with:

    Financials

    AIGMETPRUCBALLTRVMedian
    NameAmerican.MetLife Prudenti.Chubb Allstate Traveler. 
    Mkt Price80.7999.97113.66354.00247.10385.40180.38
    Mkt Cap42.864.239.4137.163.379.763.7
    Rev LTM26,66177,66564,86462,27769,34748,92163,570
    Op Inc LTM-------
    FCF LTM3,85015,55810,96915,37612,24910,67711,609
    FCF 3Y Avg4,53015,0877,35714,8479,0169,9259,470
    CFO LTM3,85015,55810,96915,37612,46910,67711,719
    CFO 3Y Avg4,53015,0877,35714,8479,2329,9259,578

    Growth & Margins

    AIGMETPRUCBALLTRVMedian
    NameAmerican.MetLife Prudenti.Chubb Allstate Traveler. 
    Rev Chg LTM-3.9%7.3%9.0%8.5%5.6%1.1%6.5%
    Rev Chg 3Y Avg11.7%3.3%0.5%10.4%8.8%7.0%7.9%
    Rev Chg Q0.6%9.9%13.7%7.2%10.8%-0.5%8.6%
    QoQ Delta Rev Chg LTM0.2%2.2%3.0%1.8%2.6%-0.1%2.0%
    Op Inc Chg LTM-------
    Op Inc Chg 3Y Avg-------
    Op Mgn LTM-------
    Op Mgn 3Y Avg-------
    QoQ Delta Op Mgn LTM-------
    CFO/Rev LTM14.4%20.0%16.9%24.7%18.0%21.8%19.0%
    CFO/Rev 3Y Avg16.7%20.7%11.6%25.8%14.0%20.8%18.7%
    FCF/Rev LTM14.4%20.0%16.9%24.7%17.7%21.8%18.8%
    FCF/Rev 3Y Avg16.7%20.7%11.6%25.8%13.7%20.8%18.7%

    Valuation

    AIGMETPRUCBALLTRVMedian
    NameAmerican.MetLife Prudenti.Chubb Allstate Traveler. 
    Mkt Cap42.864.239.4137.163.379.763.7
    P/S1.60.80.62.20.91.61.3
    P/Op Inc-------
    P/EBIT10.610.8-9.13.67.49.1
    P/E14.417.710.012.34.89.611.2
    P/CFO11.14.13.68.95.17.56.3
    Total Yield9.3%8.0%14.9%9.2%22.7%11.7%10.5%
    Dividend Yield2.3%2.4%4.9%1.1%1.7%1.3%2.0%
    FCF Yield 3Y Avg10.1%28.6%18.8%12.5%16.4%15.9%16.1%
    D/E0.20.30.60.10.10.10.2
    Net D/E-0.6-1.6-1.6-0.20.0-1.1-0.9

    Returns

    AIGMETPRUCBALLTRVMedian
    NameAmerican.MetLife Prudenti.Chubb Allstate Traveler. 
    1M Rtn7.2%3.0%-4.0%3.9%-1.1%2.9%2.9%
    3M Rtn1.9%8.2%-2.5%0.7%-2.2%4.9%1.3%
    6M Rtn4.2%30.4%13.6%7.9%15.9%29.1%14.8%
    12M Rtn7.0%31.0%18.9%33.6%28.6%49.3%29.8%
    3Y Rtn45.1%81.7%45.4%77.0%113.2%151.0%79.4%
    1M Excs Rtn7.1%2.9%-4.1%3.8%-1.2%2.8%2.8%
    3M Excs Rtn-0.7%5.7%-5.1%-1.9%-3.4%2.6%-1.3%
    6M Excs Rtn-3.5%22.7%5.8%0.2%8.2%21.4%7.0%
    12M Excs Rtn-8.1%16.5%4.3%18.2%13.7%34.1%15.1%
    3Y Excs Rtn-34.9%-1.5%-36.2%0.3%54.3%76.2%-0.6%

    Comparison Analyses

    null

    Financials

    $ Mil | FY: 12/312026Q22026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q3
    Period End6/30/20263/31/202612/31/20259/30/20256/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/2023
    Filing Date8/7/20265/1/20262/12/202611/5/20258/7/20255/2/20252/13/202511/7/20248/1/20245/2/20242/14/202411/2/2023
    Key Financials Quarterly            
    Total Revenue7,0866,6166,5576,4027,0416,7747,1736,7556,5696,7736,5057,280
    Net Income9487637355191,144698898459-3,9771,216932,027
    EPS1.791.421.360.942.001.181.480.72-6.021.750.122.83
    Key Financials TTM            
    Total Revenue TTM26,66126,61626,77427,39027,74327,27127,27026,60227,12727,99232,26613,084
    Net Income TTM2,9653,1613,0963,2593,199-1,922-1,404-2,209-6414,8293,6434,102
    Growth Rates Quarterly            
    Total Revenue Growth0.6%-2.3%-8.6%-5.2%7.2%0.0%10.3%-7.2%-11.6%-38.7%151.3%-48.2%
    Net Income Growth-17.1%9.3%-18.2%13.1%128.8%-42.6%865.6%-77.4%-366.4%3953.3%-83.2%-26.2%
    Margins Quarterly            
    Net Income Margin13.4%11.5%11.2%8.1%16.2%10.3%12.5%6.8%-60.5%18.0%1.4%27.8%
    Cash & Debt            
    Total Cash36,53534,90838,40836,88635,91834,48379,71532,97632,91193,94779,64683,887
    Total Debt9,1279,1569,1919,2439,2588,7538,92210,0549,94021,93510,60624,055
    Net Debt / (Cash)-27,408-25,752-29,217-27,643-26,660-25,730-70,793-22,922-22,971-72,012-69,040-59,832
    Cash Flows Quarterly            
    FCF from Operations1,7161556361,3431,391-561251,6999285211,6193,513
    Cash Flows TTM            
    FCF from Operations TTM3,8503,5253,3142,8033,1592,6963,2734,7676,5816,2676,2434,791
    Returns to Shareholders Quarterly            
    Dividends263241242246254234244254261243249254
    Share Repurchases6455085841,2451,7782,2291,8221,5051,6852,1251,034810
    Return on Invested Capital (ROIC) Quarterly            
    ROIC------------
    Return on Invested Capital (ROIC) TTM            
    ROIC TTM------------

    Segment Financials

    Revenue by Segment
    $ Mil20252024202320222021
    North America Commercial8,6268,17210,233  
    International Commercial8,5808,1457,964  
    Global Personal6,4727,1406,894  
    Net investment income4,2154,2553,446  
    Net results of businesses in run-off7683475  
    Other income1176  
    Net impact from elimination of international reporting lag003  
    Elimination and consolidations-3-3-5  
    Net realized gains (losses)-1,202-548-1,078  
    General Insurance   28,36128,361
    Life and Retirement   19,57419,594
    Other Operations   347347
    Total26,77527,25127,93848,28248,302


    Operating Income by Segment
    $ Mil20152014200920072006
    Consumer Insurance3,3784,474   
    Commercial Insurance1,6525,510   
    Consolidation and eliminations-866905-607  
    Corporate and Other-883-388   
    Domestic Life Insurance & Retirement Services  -1,179  
    Financial Services  517-9,515524
    Foreign Life Insurance & Retirement Services  3,221  
    General Insurance  16910,52610,412
    Other  -15,769  
    Asset Management   1,1642,346
    Life Insurance & Retirement Services   8,18610,032
    Total3,28110,501-13,64810,36123,314


    Net Income by Segment
    $ Mil20152014
    Consumer Insurance8,3229,082
    Commercial Insurance5,4746,393
    Corporate and Other617700
    Consolidation and eliminations-317-150
    Total14,09616,025


    Assets by Segment
    $ Mil20232022202120202019
    Life and Retirement375,197352,694406,104397,749371,742
    General Insurance139,371147,083159,000155,751156,358
    Other Operations24,73822,45131,00832,981-3,036
    Total539,306522,228596,112586,481525,064


    Price Behavior

    Price Behavior
    Market Price$80.66 
    Market Cap ($ Bil)42.7 
    First Trading Date09/07/1984 
    Distance from 52W High-5.1% 
       50 Days200 Days
    DMA Price$75.91$75.80
    DMA Trenddownindeterminate
    Distance from DMA6.3%6.4%
     3M1YR
    Volatility17.8%23.5%
    Downside Capture-13.66-12.87
    Upside Capture-4.90-2.19
    Correlation (S&P 500)-6.8%-1.5%
    AIG Betas & Captures as of 9/30/2026

     1M2M3M6M1Y3Y
    Beta0.06-0.00-0.21-0.180.050.51
    Up Beta-0.600.35-0.120.050.150.65
    Down Beta1.460.800.12-0.520.270.64
    Up Capture-13%-31%-24%-10%-4%11%
    Bmk +ve Days6162766132424
    Stock +ve Days9193160129397
    Down Capture30%8%-38%-25%-7%57%
    Bmk -ve Days16263760120328
    Stock -ve Days12223265119347

    [1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
    Based On 1-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with AIG
    AIG7.3%23.5%0.23-
    Sector ETF (XLF)7.7%14.4%0.2834.2%
    Equity (SPY)17.1%12.7%0.95-1.7%
    Gold (GLD)-4.2%29.3%-0.154.3%
    Commodities (DBC)52.6%20.7%1.93-11.2%
    Real Estate (VNQ)3.9%13.7%0.0326.1%
    Bitcoin (BTCUSD)-24.8%43.7%-0.532.9%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 5-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with AIG
    AIG9.3%25.9%0.33-
    Sector ETF (XLF)9.1%18.3%0.3669.8%
    Equity (SPY)13.5%17.1%0.6048.6%
    Gold (GLD)18.3%18.9%0.781.7%
    Commodities (DBC)9.8%19.5%0.3813.3%
    Real Estate (VNQ)1.3%18.8%-0.0442.7%
    Bitcoin (BTCUSD)7.2%51.8%0.3217.5%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 10-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with AIG
    AIG5.6%32.5%0.24-
    Sector ETF (XLF)12.9%22.1%0.5376.4%
    Equity (SPY)15.3%17.9%0.7258.7%
    Gold (GLD)12.2%16.4%0.610.1%
    Commodities (DBC)8.3%18.1%0.3725.1%
    Real Estate (VNQ)5.1%20.7%0.2153.7%
    Bitcoin (BTCUSD)63.0%66.2%1.0316.3%

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    Short Interest

    Short Interest: As Of Date9302026
    Short Interest: Shares Quantity11.1 Mil
    Short Interest: % Change Since 91520265.7%
    Average Daily Volume5.3 Mil
    Days-to-Cover Short Interest2.1 days
    Basic Shares Quantity529.5 Mil
    Short % of Basic Shares2.1%

    Returns Analyses

    Earnings Returns History

    Updated 9/9/2026
    Expand for More
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    8/6/2026-1.5%-4.9%-4.7%
    4/30/20265.3%2.2%-1.8%
    2/10/20264.6%6.4%2.0%
    11/4/2025-5.4%-5.6%-4.6%
    8/6/2025-3.1%1.0%0.2%
    5/1/20253.5%1.2%6.1%
    2/11/20251.2%-0.9%7.4%
    11/4/2024-1.2%-1.2%-0.5%
    ...
    SUMMARY STATS   
    # Positive161515
    # Negative899
    Median Positive2.8%3.6%6.3%
    Median Negative-1.9%-2.5%-3.9%
    Max Positive7.8%10.7%19.0%
    Max Negative-5.5%-10.9%-23.1%
     Collapse to Preview
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    8/6/2026-1.5%-4.9%-4.7%
    4/30/20265.3%2.2%-1.8%
    2/10/20264.6%6.4%2.0%
    11/4/2025-5.4%-5.6%-4.6%
    8/6/2025-3.1%1.0%0.2%
    5/1/20253.5%1.2%6.1%
    2/11/20251.2%-0.9%7.4%
    11/4/2024-1.2%-1.2%-0.5%
    7/31/2024-5.5%-10.9%-3.9%
    5/1/20243.0%5.4%4.0%
    2/13/2024-1.3%-2.0%8.7%
    11/1/20233.7%0.9%6.3%
    8/1/20231.5%1.9%-3.4%
    5/4/20237.8%5.9%8.7%
    2/15/20230.5%-2.5%-23.1%
    11/1/20220.4%3.6%10.6%
    8/8/20222.4%8.6%2.7%
    5/3/20227.4%-1.4%-2.3%
    2/16/20221.7%0.1%1.7%
    11/4/2021-2.4%-2.5%-9.3%
    8/5/20214.7%10.7%13.2%
    5/6/20212.0%1.4%5.8%
    2/16/20212.7%5.3%13.8%
    11/5/2020-0.8%7.9%19.0%
    SUMMARY STATS   
    # Positive161515
    # Negative899
    Median Positive2.8%3.6%6.3%
    Median Negative-1.9%-2.5%-3.9%
    Max Positive7.8%10.7%19.0%
    Max Negative-5.5%-10.9%-23.1%

    SEC Filings

    Expand for More
    Report DateFiling DateFiling
    06/30/202608/07/202610-Q
    03/31/202605/01/202610-Q
    12/31/202502/12/202610-K
    09/30/202511/05/202510-Q
    06/30/202508/07/202510-Q
    03/31/202505/02/202510-Q
    12/31/202402/13/202510-K
    09/30/202411/07/202410-Q
    06/30/202408/01/202410-Q
    03/31/202405/02/202410-Q
    12/31/202302/14/202410-K
    09/30/202311/02/202310-Q
    06/30/202308/02/202310-Q
    03/31/202305/05/202310-Q
    12/31/202202/17/202310-K
    09/30/202211/02/202210-Q
     Collapse to Preview
    Report DateFiling DateFiling
    06/30/202608/07/202610-Q
    03/31/202605/01/202610-Q
    12/31/202502/12/202610-K
    09/30/202511/05/202510-Q
    06/30/202508/07/202510-Q
    03/31/202505/02/202510-Q
    12/31/202402/13/202510-K
    09/30/202411/07/202410-Q
    06/30/202408/01/202410-Q
    03/31/202405/02/202410-Q
    12/31/202302/14/202410-K
    09/30/202311/02/202310-Q
    06/30/202308/02/202310-Q
    03/31/202305/05/202310-Q
    12/31/202202/17/202310-K
    09/30/202211/02/202210-Q
    06/30/202208/09/202210-Q
    03/31/202205/05/202210-Q
    12/31/202102/17/202210-K
    09/30/202111/05/202110-Q
    06/30/202108/06/202110-Q
    03/31/202105/07/202110-Q
    12/31/202002/19/202110-K
    09/30/202011/06/202010-Q
    06/30/202008/04/202010-Q
    03/31/202005/05/202010-Q
    12/31/201902/21/202010-K
    09/30/201911/01/201910-Q

    Insider Activity

    Updated 10/16/2026
    Expand for More
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Zaffino, PeterExecutive ChairDirectSell813202676.1436,8292,804,05442,332,538Form
    2Zaffino, PeterExecutive ChairDirectSell813202676.47200,00015,294,28045,334,769Form
    3Walsh, KeithEVP and CFODirectBuy202202686.5454673,703,847Form
    4Walsh, KeithEVP and CFODirectBuy202202677.7564643,327,222Form
    5Walsh, KeithEVP and CFODirectBuy202202684.7954623,627,985Form
     Collapse to Preview
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Zaffino, PeterExecutive ChairDirectSell813202676.1436,8292,804,05442,332,538Form
    2Zaffino, PeterExecutive ChairDirectSell813202676.47200,00015,294,28045,334,769Form
    3Walsh, KeithEVP and CFODirectBuy202202686.5454673,703,847Form
    4Walsh, KeithEVP and CFODirectBuy202202677.7564643,327,222Form
    5Walsh, KeithEVP and CFODirectBuy202202684.7954623,627,985Form
    6Walsh, KeithEVP and CFODirectBuy202202683.5254083,573,189Form
    7Walsh, KeithEVP and CFODirectBuy202202673.2064063,131,317Form
    8Inglis, John C DirectBuy1231202586.47141,200231,813Form
    9Inglis, John C DirectBuy1001202578.03151,193208,111Form

    Investor Activity (13F)

    Updated Oct 20, 2026
    13F holdings as of Mar 31, 2026 (Q1 2026)

    Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Philadelphia Financial Management of San Francisco, LLC$12.4 Mil4.0%42TRIM -24.8%13F
    Nepsis Inc.$11.8 Mil3.9%29Hold13F
    Cander Asset Management LP$18.4 Mil3.3%43New13F
    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Cander Asset Management LP$18.4 Mil3.3%43New13F
    Active ManagerValue% of PortfolioTotal PositionsQoQAs OfFiling
    Compass Rose Asset Management, LP$5.2 Mil1.7%17ExitedDec 31, 202513F
    Philadelphia Financial Management of San Francisco, LLC$12.4 Mil4.0%42TRIM -24.8%Mar 31, 202613F
    Active ManagerValue% of PortfolioTotal PositionsQoQFiling
    Cander Asset Management LP$18.4 Mil3.3%43New13F
    Philadelphia Financial Management of San Francisco, LLC$12.4 Mil4.0%42TRIM -24.8%13F
    Nepsis Inc.$11.8 Mil3.9%29Hold13F

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    Industry Resources

    External Quote Links


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    Core Cache Last Updated: 10/19/2026