AMERICAN INTERNATIONAL GROUP, INC.
For the period ended Mar 31, 2026. Filed May 1, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 1, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Other Operations
Other Operations predominantly consists of Net investment income from our AIG Parent liquidity portfolio, Corebridge dividend income, corporate General operating expenses, and Interest expense.
OTHER OPERATIONS
| Three Months Ended March 31, | ||||
|---|---|---|---|---|
| (in millions) · 2026 · 2025 · Change | ||||
| Net investment income and other | $54 | $110 | (51) | % |
| Benefits, losses and expenses: | ||||
| Corporate and other general operating expenses | 79 | 85 | (7) | |
| Interest expense | 100 | 91 | 10 | |
| Total benefits, losses and expenses* | 179 | 176 | 2 | |
| Adjusted pre-tax loss before consolidation and eliminations | (125) | (66) | (89) | |
| Consolidation and eliminations | — | — | NM | |
| Adjusted pre-tax loss | $(125) | $(66) | (89) | % |
*In the first quarter of 2026, AIG realigned and began reporting Amortization of intangible assets in General Insurance from Other Operations; historical results have been recast to reflect these changes.
ADJUSTED PRE-TAX LOSS BEFORE CONSOLIDATION AND ELIMINATIONS
Three Months Ended March 31, 2026 and 2025 Comparison
Adjusted pre-tax loss before consolidation and eliminations increased $59 million primarily due to the following:
lower net investment income and other of $56 million due to lower dividend income from Corebridge of $25 million and lower interest on AIG Parent portfolio as a result of lower balance; and
higher interest expense of $9 million primarily driven by new debt issuance of $1.25 billion in 2025 partially offset by interest savings from $693 million debt repurchases, through cash tender offers and debt redemption in 2025.
| AIG | First Quarter 2026 Form 10-Q | 49 |
|---|
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