AIG Q1 Earnings Surge 80% Driven by General Insurance Growth and Dividend Hike

Key Facts
American International Group (AIG) reported strong Q1 results, sending its stock price up 5.7% to $79.05 after beating estimates with an adjusted EPS of $2.11. The General Insurance segment showed significant momentum, with net premiums written increasing by 24% and the combined ratio improving to 86.6%. In a major boost to shareholder returns, the company doubled its cash dividend and continued its active share repurchase program. AIG also announced a strategic investment in Convex Group Limited to bolster its market position. Meanwhile, Globe Life reported 5.3% revenue growth and a $0.33 per share dividend. These developments underscore AIG's successful execution of its expense reduction strategy and robust operational growth across its core segments.