Article ID: 283c1a946c749d611a55cec83d480559fdbd57a0f59ee5030d2ad28fc995c245
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AIG beats second-quarter profit estimates on robust underwriting - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers AIG beats second-quarter profit estimates on robust underwriting Catastrophes , Financial Results , P/C Insurers Middle East/Africa AIG , The Travelers Cos. Aug 6, 2026 (Reuters) — American International Group beat analysts’ estimates for second – quarter profit on Thursday, as strong underwriting gains helped cushion an uptick in catastrophe-related claims. Insurer s have had an upbeat first half as higher premiums and disciplined underwriting have better positioned them to weather catastrophe losses. “Strong quarter ly results demonstrate our ability to perform well in the current market, which has transitioned from an extended phase of broad positive pricing into a more selective environment,” newly appointed CEO Eric Andersen said in a statement. AIG ‘s general insurance net premiums written jumped 9% to $7.5 billion in the three months ended June 30, while underwriting income growth climbed 10% to $686 million. Total catastrophe-related charges were $210 million in the quarter , including $75 million tied to the Middle East conflict, compared with $170 million in the year-ago quarter . Catastrophe losses are one of the most volatile components of insurer s’ earnings. Claims can surge after a single major event, while quieter periods typically boost underwriting profit s. Adjusted general insurance accident year combined ratio — a measure of underwriting performance — came in at 88.1% in the quarter , a 30-basis-point improvement year-over-year. A ratio below 100 signifies that the insurer earned more from premiums than it paid out in claims. After-tax adjusted profit rose 10% to $2 per share in the second quarter , comfortably beating Wall Street expectations of $1.92, according to estimates compiled by LSEG. AIG said it returned $904 million of capital to shareholders in the second quarter . Last month, property and casualty insurer Travelers also swept past Wall Street estimates for second – quarter profit thanks to lower catastrophe losses and robust investment income. 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