8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): (June 24, 2024)

AMERICAN INTERNATIONAL GROUP, INC.

(Exact name of registrant as specified in its charter)

Delaware	1-8787	13-2592361
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

 1271 Avenue of the Americas
New York, New York 10020

(Address of principal executive offices)

Registrant’s telephone number, including area code: (212) 770-7000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, Par Value $2.50 Per Share	AIG	New York Stock Exchange
4.875% Series A-3 Junior Subordinated Debentures	AIG 67EU	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨ 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Section 7 – Regulation FD

Item 7.01. Regulation FD Disclosure.

In September 2022, American International Group, Inc. (“AIG” or "we") closed on the initial public offering (the "IPO") of Corebridge Financial, Inc. ("Corebridge"), the holding company for AIG’s former Life and Retirement business. Corebridge is traded on the New York Stock Exchange under the ticker symbol “CRBG." As of June 9, 2024 (the “Deconsolidation Date”), AIG held 48.4 percent of the outstanding common stock of Corebridge. On the Deconsolidation Date, AIG met the requirements for the deconsolidation of Corebridge for accounting purposes due to AIG’s decision to waive its right to majority representation on the Corebridge Board of Directors (the “Board”) and the resignation of one of AIG’s designees from the Board.

After the Deconsolidation Date, the historical financial results of Corebridge, for all periods presented, are reflected in AIG’s condensed consolidated financial statements as discontinued operations in accordance with generally accepted accounting principles in the United States of America ("US GAAP"). Accordingly, after the Deconsolidation Date: (i) AIG has elected the fair value option and will reflect its retained interest in Corebridge as an equity method investment using Corebridge’s stock price as its fair value, (ii) dividends received from Corebridge and changes in its stock price will be a component of net investment income in AIG’s US GAAP condensed consolidated financial statements and (iii) AIG’s adjusted pre-tax income will include Corebridge dividends and exclude changes in the fair value of Corebridge’s stock price.

As a result of the deconsolidation of Corebridge, we will no longer present the Life and Retirement segment in its entirety and will no longer include asset management within the Other Operations segment. Previously reported results for the General Insurance segment were not impacted by the deconsolidation of Corebridge. The selected financial information attached hereto as Exhibit 99.1 provides financial information to reflect:

1.AIG’s historical Consolidated Statement of Operations with Corebridge as discontinued operations so that the recasted income(loss) from continuing operations solely represents the results of the remaining operations of AIG.

2.AIG’s historical adjusted pre-tax income and adjusted after-tax income excluding discontinued operations, consistent with AIG’s definitions of adjusted pre-tax income and adjusted after-tax income. The recasted adjusted pre-tax income and adjusted after-tax income solely represent the results of the remaining operations of AIG.

3.The historical results of the Other Operations segment excluding Corebridge so that the recasted results solely represent the results of the remaining operations of AIG. Note that the recasted results of the Other Operations segment remove Corebridge’s corporate expenses, interest expense and asset management business (and related consolidations and eliminations) and include the results of certain legacy life reinsurance arrangements that were previously included in the Life and Retirement segment.

The information in this Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

Section 9 – Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

(d)	Exhibits.
99.1	Selected Financial Information Reflecting Treatment of Corebridge Financial, Inc. as Discontinued Operations.
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

EXHIBIT INDEX

Exhibit No.	Description
99.1	Selected Financial Information Reflecting Treatment of Corebridge Financial, Inc. as Discontinued Operations.
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AMERICAN INTERNATIONAL GROUP, INC. (Registrant)
Date: June 24, 2024	By:	/s/ Christina Banthin
		Name:	Christina Banthin
		Title:	Senior Vice President and Corporate Secretary

EX-99.1

American International Group, Inc. Selected Financial Information Reflecting Treatment of Corebridge Financial, Inc. as Discontinued Operations for 1Q23 - 4Q23 and 1Q24 All financial information in this document is unaudited. The financial information presented herein has been recast to present the impact on certain selected metrics of the treatment of Corebridge Financial, Inc. as discontinued operations for all periods presented. It is not intended to be a complete presentation of the Company’s financial position or results of operations for the periods presented, which will be reflected in future financial statements and reports to be filed with the Securities and Exchange Commission.

Table of Contents Page(s) Overview............................................................................................................................. 1 Consolidated Statements of Operations............................................................................... 2 Reconciliation of Adjusted Pre-tax and After-tax Income................................................... 3-4 Reconciliation of Previously Reported Results................................................................... 5 Other Operations Results..................................................................................................... 6 Earnings Per Share Computations....................................................................................... 7 Contact: Investor Relations American International Group, Inc. Investor Relations Mailbox: IR@aig.com Quentin McMillan: quentin.mcmillan@aig.com

(1) (2) (3) Overview 1 AIG’s historical Consolidated Statement of Operations with Corebridge as discontinued operations so that the recasted income(loss) from continuing operations solely represents the results of the remaining operations of AIG. The historical results of the Other Operations segment excluding Corebridge so that the recasted results solely represent the results of the remaining operations of AIG. Note that the recasted results of the Other Operations segment remove Corebridge’s corporate expenses, interest expense and asset management business (and related consolidations and eliminations) and include the results of certain legacy life reinsurance arrangements that were previously included in the Life and Retirement segment. AIG’s historical adjusted pre-tax income and adjusted after-tax income excluding discontinued operations, consistent with AIG’s definitions of adjusted pre-tax income and adjusted after-tax income. The recasted adjusted pre-tax income and adjusted after-tax income solely represent the results of the remaining operations of AIG. American International Group, Inc. Recast of AIG’s Historical Results to present Corebridge as Discontinued Operations In September 2022, American International Group, Inc. (“AIG”) closed on the initial public offering (the “IPO”) of Corebridge Financial, Inc. (Corebridge), the holding company for AIG’s former Life & Retirement business. Corebridge is traded on the New York Stock Exchange under the ticker symbol “CRBG". As of June 9, 2024 (the “Deconsolidation Date”), AIG held 48.4 percent of the outstanding common stock of Corebridge. On the Deconsolidation Date, AIG met the requirements for the deconsolidation of Corebridge for accounting purposes due to AIG’s decision to waive its right to majority representation on the Corebridge Board of Directors (the “Board”) and the resignation of one of AIG’s designees from the Board. After the Deconsolidation Date, the historical financial results of Corebridge, for all periods presented, are reflected in AIG’s condensed consolidated financial statements as discontinued operations in accordance with generally accepted accounting principles in the United States of America (US GAAP). Accordingly, after the Deconsolidation Date: (i) AIG has elected the fair value option and will reflect its retained interest in Corebridge as an equity method investment using Corebridge’s stock price as its fair value, (ii) dividends received from Corebridge and changes in its stock price will be a component of net investment income in AIG’s US GAAP condensed consolidated financial statements and (iii) AIG’s adjusted pre-tax income will include Corebridge dividends and exclude changes in the fair value of Corebridge’s stock price. As a result of the deconsolidation of Corebridge, we will no longer present the Life and Retirement segment in its entirety and will no longer include asset management within the Other Operations segment. Previously reported results for the General Insurance segment were not impacted by the deconsolidation of Corebridge. The following pages provide financial information to reflect:

(in millions) 4Q23 3Q23 2Q23 1Q23 Revenues: Premiums $ 5,871 $ 6,031 $ 6,543 $ 6,614 $ 6,376 $ 25,564 Net investment income: Interest and dividends 833 848 804 787 706 3,145 Alternative investments 55 41 19 44 95 199 Other investment income (loss) 105 12 73 34 38 157 Investment expenses (53) (66) (69) (53) (47) (235) Net investment income - excluding Fortitude Re funds withheld assets 940 835 827 812 792 3,266 Net investment income - Fortitude Re funds withheld assets 39 74 29 25 52 180 Total net investment income 979 909 856 837 844 3,446 Net realized gains (losses) Net realized losses - excluding Fortitude Re funds withheld assets (59) (163) (189) (65) (317) (734) Net realized losses on Fortitude Re funds withheld assets (19) (7) (3) (7) (54) (71) Net realized gains (losses) on Fortitude Re funds withheld embedded derivative (9) (248) 57 58 (140) (273) Total net realized gains (losses) (87) (418) (135) (14) (511) (1,078) Other income — 4 3 (1) — 6 Total revenues 6,763 6,526 7,267 7,436 6,709 27,938 Benefits, losses and expenses Losses and loss adjustment expenses incurred 3,513 3,634 3,876 3,979 3,904 15,393 Amortization of deferred policy acquisition costs 838 877 922 933 1,039 3,771 General operating and other expenses 1,238 1,351 1,311 1,494 1,243 5,399 Interest expense 116 125 138 129 124 516 (Gain) loss on extinguishment of debt — (58) 21 — — (37) Net (gain) loss on divestitures and other — 118 (101) 15 (3) 29 Total benefits, losses and expenses 5,705 6,047 6,167 6,550 6,307 25,071 Income (loss) from continuing operations before income taxes - AIG as recasted 1,058 479 1,100 886 402 2,867 Income tax (benefit) expense - AIG as recasted 261 (383) 399 45 65 126 Income from continuing operations - AIG as recasted 797 862 701 841 337 2,741 Income (loss) from discontinued operations, net of income taxes - Corebridge 803 (1,335) 2,046 850 (424) 1,137 Net income (loss) 1,600 (473) 2,747 1,691 (87) 3,878 Net income (loss) attributable to noncontrolling interests (a) 384 (566) 720 198 (117) 235 Net income attributable to AIG 1,216 93 2,027 1,493 30 3,643 Less: Dividends on preferred stock and preferred stock redemption premiums 22 7 7 8 7 29 Net income attributable to AIG common shareholders $ 1,194 $ 86 $ 2,020 $ 1,485 $ 23 $ 3,614 2 2Consolidated Statements of Operations (a) Primarily relates to Corebridge. This is the portion of Corebridge that AIG did not own in each of the periods presented. Corebridge is consolidated until the date of Separation and the entirety of its results are presented in the income (loss) from discontinued operations. See accompanying notes on page 6. American International Group, Inc. Consolidated Statements of Operations AIG Recasted to Present Corebridge as Discontinued Operations 1Q24 Quarterly Each financial statement line within Income from continuing operations is AIG recasted. Corebridge discontinued operations is excluded from Income from continuing operations and is presented in Income (loss) from discontinued operations, net of income taxes - Corebridge. Twelve Months Ended 2023 December 31,

(in millions) 4Q23 3Q23 2Q23 1Q23 Pre-tax income from continuing operations - AIG as recasted $ 1,058 $ 479 $ 1,100 $ 886 $ 402 $ 2,867 Adjustments to arrive at Adjusted pre-tax income - AIG as recasted Changes in the fair value of equity securities (88) 40 (31) (41) (21) (53) Loss (gain) on extinguishment of debt — (58) 21 — — (37) Net investment income on Fortitude Re funds withheld assets (39) (74) (29) (25) (52) (180) Net realized losses on Fortitude Re funds withheld assets 19 7 3 7 54 71 Net realized (gains) losses on Fortitude Re funds withheld embedded derivative 9 248 (57) (58) 140 273 Net realized losses (a) 55 170 190 64 319 743 Net (gain) loss on divestitures and other — 118 (101) 15 (3) 29 Non-operating litigation reserves and settlements — 1 — 1 (1) 1 Unfavorable (favorable) prior year development and related amortization changes ceded under retroactive reinsurance agreements 2 50 (75) (18) (19) (62) Net loss reserve discount (benefit) charge 76 110 5 16 64 195 Pension expense related to lump sum payments to former employees — 9 8 54 — 71 Integration and transaction costs associated with acquiring or divesting businesses (3) (4) 2 8 — 6 Restructuring and other costs 67 92 49 125 90 356 Non-recurring costs related to regulatory or accounting changes 4 3 4 7 8 22 Net impact from elimination of international reporting lag (b) — — — — (12) (12) Adjusted pre-tax income - AIG as recasted $ 1,160 $ 1,191 $ 1,089 $ 1,041 $ 969 $ 4,290 3 (b) Beginning with the quarter ended December 31, 2022, the foreign property and casualty subsidiaries report on a calendar year ending December 31. We determined that the effect of not retroactively applying the elimination of the one month lag was immaterial to our Consolidated Financial Statements for the current and prior periods. Therefore, we reported the cumulative effect of the change in accounting principle within the Consolidated Statements of Income (Loss) for the year ended December 31, 2022 and did not retrospectively apply the effects of this change to prior periods. (a) Includes all net realized gains and losses except earned income (periodic settlements and changes in settlement accruals) on derivative instruments used for non-qualifying (economic) hedging or for asset replication and net realized gains and losses on Fortitude Re funds withheld assets. Reconciliation of Adjusted Pre-tax and After-tax Income American International Group, Inc. Reconciliation of Adjusted Pre-tax and After-tax Income AIG Recasted to Present Corebridge as Discontinued Operations 1Q24 Quarterly Each financial statement line item in this reconciliation is AIG recasted only. Corebridge discontinued operations is excluded, consistent with AIG’s definition of Adjusted pre-tax income. Twelve Months Ended 2023 December 31,

(in millions) 4Q23 3Q23 2Q23 1Q23 After-tax net income (loss), including noncontrolling interests $ 1,600 $ (473) $ 2,747 $ 1,691 $ (87) $ 3,878 Noncontrolling interests (income) loss - primarily Corebridge (384) 566 (720) (198) 117 (235) Net income attributable to AIG - including discontinued operations $ 1,216 $ 93 $ 2,027 $ 1,493 $ 30 $ 3,643 Dividends on preferred stock and preferred stock redemption premiums 22 7 7 8 7 29 Net income attributable to AIG common shareholders $ 1,194 $ 86 $ 2,020 $ 1,485 $ 23 $ 3,614 Adjustments to arrive at Adjusted after-tax income (amounts net of tax, at U.S. statutory tax rate for each respective period, except where noted): Changes in uncertain tax positions and other tax adjustments (3) (1) 57 (228) (4) (176) Deferred income tax valuation allowance (releases) charges (a) (5) (416) 5 43 3 (365) Changes in the fair value of equity securities (69) 32 (25) (32) (17) (42) Loss (gain) on extinguishment of debt and preferred stock redemption premiums 15 (46) 17 — — (29) Net investment income on Fortitude Re funds withheld assets (31) (58) (23) (20) (41) (142) Net realized losses on Fortitude Re funds withheld assets 15 5 3 5 43 56 Net realized (gains) losses on Fortitude Re funds withheld embedded derivative 7 196 (45) (46) 111 216 Net realized losses (b)(c) 48 173 148 57 237 614 (Income) loss from discontinued operations, net of taxes - Corebridge (803) 1,335 (2,046) (850) 424 (1,137) Net (gain) loss on divestitures, other (c) — (50) (80) 12 (2) (120) Non-operating litigation reserves and settlements — 1 — 1 (1) 1 Unfavorable (favorable) prior year development and related amortization changes ceded under retroactive reinsurance agreements 2 39 (59) (14) (15) (49) Net loss reserve discount (benefit) charge 60 87 4 12 51 154 Pension expense related to lump sum payments to former employees — 7 6 43 — 56 Integration and transaction costs associated with acquiring or divesting businesses (2) (3) 2 6 — 5 Restructuring and other costs 53 72 39 99 71 281 Non-recurring costs related to regulatory or accounting changes 3 2 3 6 6 17 Net impact from elimination of international reporting lag (d) — — — — (9) (9) Noncontrolling interests - primarily Corebridge (e) 384 (566) 720 198 (117) 235 Adjusted after-tax income attributable to AIG common shareholders - AIG as recasted $ 868 $ 895 $ 746 $ 777 $ 763 $ 3,181 Reconciliation to AATI including Calculation of Effective Tax Rate Adjusted pre-tax income - AIG as recasted (1) $ 1,160 $ 1,191 $ 1,089 $ 1,041 $ 969 $ 4,290 Income tax expense - AIG as recasted (2) (285) (289) (336) (256) (199) (1,080) Dividends on preferred stock (7) (7) (7) (8) (7) (29) Noncontrolling interests — — — — — — Adjusted after-tax income attributable to AIG common shareholders - AIG as recasted $ 868 $ 895 $ 746 $ 777 $ 763 $ 3,181 Effective tax rates on adjusted pre-tax income (2÷1) 24.6% 24.3% 30.9% 24.6% 20.5% 25.2% 4Reconciliation of Adjusted Pre-tax and After-tax Income (a) The year ended December 31, 2023 includes a valuation allowance release related to a portion of certain tax attribute carryforwards of AIG's U.S. federal consolidated income tax group, as well as valuation allowance changes in certain foreign jurisdictions. (b) Includes all net realized gains and losses except earned income (periodic settlements and changes in settlement accruals) on derivative instruments used for non-qualifying (economic) hedging or for asset replication and net realized gains and losses on Fortitude Re funds withheld assets. (c) Includes the impact of non-U.S. tax rates which differ from the applicable U.S. statutory tax rate and tax-only adjustments. (d) Refer to footnote (b) on page 3. (e) Primarily relates to Corebridge. This is the portion of Corebridge that AIG did not own in each of the periods presented. Corebridge is consolidated until the date of Separation and the entirety of its results are presented in the income (loss)from discontinued operations. American International Group, Inc. Reconciliation of Adjusted Pre-tax and After-tax Income AIG Recasted to Present Corebridge as Discontinued Operations 1Q24 Quarterly Each financial statement line item in this reconciliation is AIG recasted, except where noted. Corebridge discontinued operations is excluded, consistent with AIG’s definition of Adjusted after-tax income. Twelve Months Ended 2023 December 31,

Reconciliation to Previously Reported Results (in millions) 4Q23 3Q23 2Q23 1Q23 AIG adjusted pre-tax income - as previously reported $ 1,941 1,995 1,873 1,890 1,643 $ 7,401 Less: Corebridge discontinued operations 781 804 784 849 674 3,111 AIG adjusted pre-tax income - as recasted 1,160 1,191 1,089 1,041 969 4,290 (in millions) 4Q23 3Q23 2Q23 1Q23 General Insurance Adjusted pre-tax income - as previously reported $ 1,358 1,437 1,367 1,319 1,248 $ 5,371 Life and Retirement Adjusted pre-tax income - as previously reported 991 957 971 991 886 3,805 Less: Corebridge discontinued operations (989) (971) (974) (989) (888) (3,822) Less: Certain legacy life reinsurance agreement - AIG Other operations (2) 14 3 (2) 2 17 Adjusted pre-tax income - AIG as recasted — — — — — — Other Operations Adjusted pre-tax loss - as previously reported (408) (399) (465) (420) (491) (1,775) Less: Corebridge discontinued operations 208 167 190 140 214 711 Add: Certain legacy life reinsurance agreement - Life and Retirement 2 (14) (3) 2 (2) (17) Adjusted pre-tax loss - AIG as recasted (198) (246) (278) (278) (279) (1,081) Adjusted pre-tax income - AIG as recasted $ 1,160 1,191 1,089 1,041 969 $ 4,290 5 5Reconciliation of Previously Reported Results Twelve Months Ended December 31,Quarterly Reconciliation from AIG Adjusted pre-tax income as previously reported to AIG as recasted to exclude Corebridge discontinued operations: 1Q24 2023 American International Group, Inc. 1Q24 Quarterly Each financial statement line item in this reconciliation is AIG recasted, except where noted. Corebridge discontinued operations is excluded, consistent with AIG’s definition of Adjusted pre-tax income. Twelve Months Ended December 31, 2023

(in millions) Results of Operations 4Q23 3Q23 2Q23 1Q23 Revenues: Premiums $ 85 $ 121 $ 123 $ 118 $ 113 $ 475 Net investment income (loss) Interest and dividends 99 94 67 63 53 277 Alternative investments — — — — — — Other investment loss (14) (4) (9) (8) (15) (36) Investment expenses (6) (13) (13) (3) (5) (34) Total net investment income (loss) 79 77 45 52 33 207 Other income — 3 3 3 — 9 Total adjusted revenues 164 201 171 173 146 691 Benefits, losses and expenses: Losses and loss adjustment expenses incurred 75 128 114 113 102 457 Acquisition expenses 8 13 16 14 12 55 General operating expenses Corporate and Other 158 183 175 173 166 697 Amortization of intangible assets 4 5 4 8 10 27 Total General operating expenses 162 188 179 181 176 724 Interest expense 116 120 133 135 130 518 Total benefits, losses and expenses 361 449 442 443 420 1,754 Adjusted pre-tax loss before consolidation and eliminations - AIG as recasted (197) (248) (271) (270) (274) (1,063) Total consolidation and eliminations - AIG as recasted (1) 2 (7) (8) (5) (18) Adjusted pre-tax loss - AIG as recasted $ (198) $ (246) $ (278) $ (278) $ (279) $ (1,081) 6Other Operations American International Group, Inc. Other Operations Results AIG Recasted to Present Corebridge as Discontinued Operations 1Q24 Quarterly This view of Other Operations is AIG recasted only. Corebridge discontinued operations is excluded, consistent with AIG’s definition of Adjusted pre-tax income. Twelve Months Ended 2023 December 31,

(in millions) GAAP Basis: 4Q23 3Q23 2Q23 1Q23 Numerator for EPS: Income from continuing operations - AIG as recasted $ 797 $ 862 $ 701 $ 841 $ 337 $ 2,741 Less: Dividends on preferred stock and preferred stock redemption premiums 22 7 7 8 7 29 Income attributable to AIG common shareholders from continuing operations - AIG as recasted 775 855 694 833 330 2,712 Income (loss) from discontinued operations, net of income taxes - Corebridge 803 (1,335) 2,046 850 (424) 1,137 Less: Net income attributable to noncontrolling interests 384 (566) 720 198 (117) 235 Income (loss) from discontinued operations, net of noncontrolling interest - Corebridge 419 (769) 1,326 652 (307) 902 Net income attributable to AIG common shareholders 1,194 86 2,020 1,485 23 3,614 Denominator for EPS: Weighted average common shares outstanding - basic* 682.6 701.5 712.6 725.8 738.7 719.5 Dilutive 5.4 6.5 6.1 4.8 5.4 5.7 Weighted average common shares outstanding - diluted 688.0 708.0 718.7 730.5 744.1 725.2 Basic: Net income (loss) attributable to AIG common shareholders per basic share $ 1.75 $ 0.12 $ 2.83 $ 2.05 $ 0.03 $ 5.02 Income from discontinued operations - Corebridge 0.61 (1.10) 1.86 0.90 (0.42) 1.25 Income from continuing operations - AIG as recasted 1.14 1.22 0.97 1.15 0.45 3.77 Diluted: Net income attributable to AIG common shareholders per diluted share $ 1.74 $ 0.12 $ 2.81 $ 2.03 $ 0.03 $ 4.98 Income (loss) from discontinued operations - Corebridge 0.61 (1.09) 1.84 0.89 (0.41) 1.24 Income from continuing operations - AIG as recasted 1.13 1.21 0.97 1.14 0.44 3.74 Operating Basis: Numerator for Operating EPS: Adjusted after-tax income - AIG as recasted $ 875 $ 902 $ 753 $ 785 $ 770 $ 3,210 Less: Dividends on preferred stock 7 7 7 8 7 29 Adjusted after-tax income (loss) attributable to AIG common shareholders from continuing operations - AIG as recasted 868 895 746 777 763 3,181 Adjusted after-tax income (loss) from Corebridge discontinued operations, net of income tax expense 350 375 412 505 449 1,741 Denominator for EPS: Weighted average common shares outstanding - diluted 688.0 708.0 718.7 730.5 744.1 725.2 Adjusted after-tax income per diluted share - as previously reported $ 1.77 $ 1.79 $ 1.61 $ 1.75 $ 1.63 $ 6.79 Less: Corebridge discontinued operations 0.51 0.53 0.57 0.69 0.60 2.40 Adjusted after-tax income per diluted share - AIG as recasted $ 1.26 $ 1.26 $ 1.04 $ 1.06 $ 1.03 $ 4.39 7 * Includes vested shares under our share-based employee compensation plans. Earnings Per Share Computations Each financial statement line item in this reconciliation is AIG recasted, except where noted. Corebridge discontinued operations is excluded from Income from continuing operations and Adjusted after-tax income. American International Group, Inc. Earnings Per Share Computations AIG Recasted to Present Corebridge as Discontinued Operations Twelve Months Ended Quarterly December 31, 1Q24 2023

XML

Cover Page	Jun. 24, 2024
Document Information [Line Items]
Document Type	8-K
Document Period End Date	Jun. 24, 2024
Entity Registrant Name	AMERICAN INTERNATIONAL GROUP, INC.
Entity Incorporation, State or Country Code	DE
Entity File Number	1-8787
Entity Tax Identification Number	13-2592361
Entity Address, Address Line One	1271 Avenue of the Americas
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10020
City Area Code	(212)
Local Phone Number	770-7000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Amendment Flag	false
Entity Central Index Key	0000005272
Common Stock
Document Information [Line Items]
Title of 12(b) Security	Common Stock, Par Value $2.50 Per Share
Trading Symbol	AIG
Security Exchange Name	NYSE
Junior Subordinated Debentures 4.875 Percent Series A3
Document Information [Line Items]
Title of 12(b) Security	4.875% Series A-3 Junior Subordinated Debentures
Trading Symbol	AIG 67EU
Security Exchange Name	NYSE