AIG
Financial Performance
AIG Revenue & Financials
Revenue
$47.2B (FY2024)
Market Cap
$52B
Net Income
$3.9B
Employees
25,000
What is AIG's revenue?
AIG had $47.2B in revenue for fiscal year 2024, up 0.8% from 2023. Net income was $3.9B.
- Latest revenue
- $47.2B (FY2024)
- Year-over-year
- +0.8%
- Growth rate (CAGR)
- -2.3% over 9 years
- Peak revenue
- $58.3B (FY2015)
- Years of data
- 10
- Employees
- 25,000
- How much profit does AIG make?
- AIG reported net income of $3.9B for fiscal year 2024.
- How many employees does AIG have?
- AIG has about 25,000 employees.
Financial Analysis
AIG's financial profile reflects the triumph of its underwriting and balance-sheet turnaround. In fiscal year 2024, AIG generated net premiums written exceeding $46.0 billion and operating income of $3.80 billion, achieving an adjusted commercial combined operating ratio of 88.2%—the best underwriting performance in modern corporate memory. Demonstrating financial discipline, AIG completed the phased public spin-off of Corebridge Financial, monetizing billions in cash proceeds to fund aggressive share repurchases, retire holding company debt, and bolster capital surplus. AIG maintains an ironclad balance sheet with over $40 billion in shareholder equity, 'A+' and 'A2' credit ratings from A.M. Best and Moody's, and delivers dependable annual dividend distributions to shareholders.
Revenue Trend Analysis
YoY Change
+0.8%
9-Year CAGR
-2.3%
Peak Year
2015
Trend
Volatile
AIG has 10 full fiscal year figures on this page, compounding at -2.3% annually over 9 years. The most recent year saw a 0.8% increase versus the prior year. Annual revenue peaked in fiscal year 2015 at $58.3B. Of 9 comparable year-over-year steps, 4 showed growth and 5 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $47.2B | $3.9B | +0.8% |
| FY2023 | $46.8B | $3.6B | -17.1% |
| FY2022 | $56.4B | $10.2B | +8.4% |
| FY2021 | $52.1B | $9.4B | +19.0% |
| FY2020 | $43.7B | -$6B | -12.1% |
| FY2019 | $49.7B | $3.3B | +5.0% |
| FY2018 | $47.4B | -$6M | -4.3% |
| FY2017 | $49.5B | -$6.1B | -5.4% |
| FY2016 | $52.4B | -$849M | -10.2% |
| FY2015 | $58.3B | $2.2B | — |
Click any row to see year details.
Keep researching AIG
AIG Revenue and Financial FAQ
What was AIG's revenue in 2024?
AIG reported total revenue of $47.20 billion for fiscal year 2024, maintaining strong top-line premium volumes across commercial property and casualty lines.
What is AIG's combined operating ratio?
AIG achieved an adjusted commercial combined ratio near 90% in FY2024, demonstrating consistent underwriting profitability across North America and International units.
How does AIG use proceeds from the Corebridge spin-off?
AIG directs capital from Corebridge share sales into substantial share repurchases, debt reduction, and strategic investments in digital underwriting automation.
What drove AIG's commercial combined ratio improvement to 88.2%?
Peter Zaffino's team culled underperforming casualty accounts, instituted strict technical pricing minimums, bought comprehensive catastrophe reinsurance, and transferred legacy tail liabilities to Berkshire Hathaway.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "AIG Revenue & Financials." CorpDigest, https://corpdigest.com/company/aig/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>AIG reported $47.2B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/aig/financials" target="_blank" rel="noopener">CorpDigest — AIG financials</a></div>Related Financial Audits
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