Loading company filing…
Find a company. Follow its revenue through costs and profit.
Coverage includes separate ticker and security records; counts are not unique companies.
Sankey diagram of American International Group, Inc.. A complete text table follows the diagram.
Insurance created two profit streams: disciplined pricing kept 12.8 cents of each premium dollar, while the asset portfolio earned even more.
Swipe to explore
The diagram separates AIG's underwriting and investment engines using reported General Insurance non-GAAP measures. Protection and operating costs are arithmetic differences between each business's reported earned premiums and underwriting income. Adjusted pre-tax income and underwriting income are defined and reconciled in the filing.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| North America commercial | 1 | $2.3B | $1.61B of premiums written |
| International commercial | 1 | $2.2B | $2.45B of premiums written |
| Global personal | 1 | $1.6B | $1.54B of premiums written |
| North America underwriting | 2 | $327M | 85.5 combined ratio |
| North America claims & costs | 2 | $1.9B | Claims, acquisition and operations |
| International underwriting | 2 | $278M | 87.3 combined ratio |
| International claims & costs | 2 | $1.9B | Claims, acquisition and operations |
| Personal underwriting | 2 | $169M | 89.4 combined ratio |
| Personal claims & costs | 2 | $1.4B | Claims, acquisition and operations |
| Underwriting income | 3 | $774M | 12.8% of earned premiums |
| Investment income | 3 | $864M | Income from the insurance asset pool |
| Underwriting + investments | 4 | $1.6B | Two engines of insurance economics |
| Adjusted pre-tax income | 5 | $1.6B | General Insurance |
| Intangible amortization | 5 | $10M | Reported segment adjustment |
| From | To | Value |
|---|---|---|
| North America commercial | North America underwriting | $327M |
| North America commercial | North America claims & costs | $1.9B |
| International commercial | International underwriting | $278M |
| International commercial | International claims & costs | $1.9B |
| Global personal | Personal underwriting | $169M |
| Global personal | Personal claims & costs | $1.4B |
| North America underwriting | Underwriting income | $327M |
| International underwriting | Underwriting income | $278M |
| Personal underwriting | Underwriting income | $169M |
| Underwriting income | Underwriting + investments | $774M |
| Investment income | Underwriting + investments | $864M |
| Underwriting + investments | Adjusted pre-tax income | $1.6B |
| Underwriting + investments | Intangible amortization | $10M |