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AIG completes planned CEO transition

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The transition comes as AIG wraps a strong financial year. The company closed fiscal year 2025 with a net profit of $3.1 billion, reversing a net loss of $1.4 billion in 2024, driven in part by a 22% improvement in underwriting results within its general insurance segment, which reached $2.3 billion. For the full year, adjusted after-tax income per diluted share increased 43% to $7.09, and the company returned $6.8 billion of capital to shareholders, including $5.8 billion in share repurchases and approximately $1.0 billion in dividends.

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Michael J. Anderson is a U.S.-based fire safety enthusiast and writer who focuses on making fire protection knowledge simple and accessible. With a strong background in researching fire codes, emergency response planning, and safety equipment, he creates content that bridges the gap between technical standards and everyday understanding.

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