American International Group (AIG) 10-K Summaries & Annual Filing History
Review American International Group, Inc. (AIG) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
American International Group reported a decline in annual revenue while maintaining positive net income and cash flow from operations. The filing highlights the company's insurance and financial services operations, along with associated risks and capital management.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$26.8B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$3.1B
Net income reported for the year.
Operating cash flow
$3.3B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $6.6B | -3.0% |
| Sep 30, 2024 | $6.8B | +2.9% |
| Dec 31, 2024 | $27.3B | +303.7% |
| Dec 31, 2025 | $26.8B | -1.7% |
Business overview
The company operates as a global insurance and financial services holding company. Its business segments include general insurance and life and retirement, with revenue and profitability generated through underwriting, investment income, and fees.
Financial performance
Annual revenue decreased compared to the prior year. Net income remained positive, and operating cash flow was also positive. The financial results reflect the performance of the company's insurance operations.
Material risks
The filing discusses risk factors common to the insurance industry, including underwriting, investment, and regulatory risks. The company also faces operational and strategic risks. Enterprise risk management processes are in place to address these risks.
Liquidity and capital
The filing includes a discussion of liquidity and capital resources, covering the company's cash flows and capital management.
What to watch
Monitor the trajectory of revenue and net income in the next filing to assess whether the revenue decline reverses or profitability remains stable.