American International Group (AIG) has bolstered its investment strategy with a $2.1 billion acquisition of a 35% equity interest in Convex and a $642 million stake in Onex. These moves are part of AIG's overarching aim to strengthen its market presence in the insurance sector. Financial reports reveal a net income of $3.59 billion for Q4 2024, reinforcing AIG's trajectory towards continued growth under CEO Peter Zaffino's leadership.
“AIG · acquired · approximately 35% equity interest in Convex · for approximately $2.1 billion”
“AIG · acquired · a 9.9% ownership stake in Onex · for approximately $642 million”
“Income per common share attributable to AIG common shareholders (diluted) · is · $1.43 · for 3Q25”
“Adjusted after-tax income per common share attributable to AIG common shareholders (diluted) · is · $1.30 · for 3Q25”
“Total AIG common shareholders' equity · is · $42,521 · for 4Q24”
“net income attributable to AIG common shareholders · Actual or Annualized · 4Q24 · $3,592”
“net income attributable to AIG common shareholders · Actual or Annualized · 4Q25 · $2,940”
“adjusted after-tax income attributable to AIG common shareholders · Actual or Annualized · 4Q24 · $3,268”
“adjusted after-tax income attributable to AIG common shareholders · Actual or Annualized · 4Q25 · $4,288”
“Average AIG adjusted common shareholders' equity · Average · 4Q24 · $43,780”
“Average AIG adjusted common shareholders' equity · Average · 4Q25 · $41,112”
“Average AIG tangible common shareholders' equity · Average · 4Q24 · $39,991”
