Earnings Call Summary | American International Group(AIG.US) Q1 2024 Earnings Conference
Earnings Call Summary | American International Group(AIG.US) Q1 2024 Earnings Conference
The following is a summary of the American International Group, Inc. (AIG) Q1 2024 Earnings Call Transcript:
以下是美國國際集團公司（AIG）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
AIG reported Q1 2024 adjusted after-tax income of $1.2 billion, a 9% YoY increase.
Consolidated net investment income was $3.5 billion, a 13% YoY increase.
The General Insurance division saw an underwriting income rise of 19% YoY to $596 million.
Life & Retirement business division brought in a record high quarterly result with premiums and deposits of $10.7 billion.
AIG managed to return over $2.4 billion to shareholders through stock repurchases and dividends and reduced its total debt to $9.8 billion.
The net investment income on an adjusted pretax basis was $3.5 billion, a 13% increase from Q1 2023.
AIG's book value per common share was $64.66 this quarter, up 10% from the prior year quarter.
美國國際集團報告稱，2024年第一季度調整後的稅後收入爲12億美元，同比增長9％。
合併淨投資收入爲35億美元，同比增長13％。
一般保險部門的承保收入同比增長19％，達到5.96億美元。
人壽和退休業務部門的季度業績創歷史新高，保費和存款爲107億美元。
AIG設法通過股票回購和分紅向股東返還了超過24億美元，並將其總債務減少至98億美元。
調整後的稅前淨投資收益爲35億美元，比2023年第一季度增長13％。
美國國際集團本季度每股普通股賬面價值爲64.66美元，比上年同期增長10％。
Business Progress:
業務進展：
AIG has lowered its total catastrophe-related losses to $107 million in Q1 2024.
The company completed the sale of Corebridge's UK Life Insurance Business to Aviva plc, generating proceeds of approximately $550 million.
The strategic initiative, AIG Next, is aimed at reducing complexity and generating an estimated $500 million in annual savings by 2025.
Their voluntary early retirement program could result in a net benefit of approximately $150 million after reinvestment.
Continuing to provide more than 25% of their U.S. workforce with the option for early retirement.
AIG plans to achieve an adjusted ROI of over 10% following the deconsolidation from Corebridge.
Current efforts being made in the 'AIG Next' strategy and the deconsolidation of Corebridge should assist in achieving their 10% plus adjusted ROCE goal in 2024.
AIG plans to grow in excess and surplus lines and drive higher yields and net investment income in General Insurance and Life and Retirement.
Detailed plans are being explored for potential equity sell-down of Life & Retirement business, Corebridge, and regulating share repurchase in a methodical way.
美國國際集團已在2024年第一季度將其與災難相關的總損失降至1.07億美元。
該公司完成了向英傑華集團出售Corebridge的英國人壽保險業務，產生了約5.5億美元的收益。
AIG Next的戰略計劃旨在降低複雜性，到2025年估計每年可節省5億美元。
他們的自願提前退休計劃在再投資後可能帶來約1.5億美元的淨收益。
繼續爲超過25％的美國勞動力提供提前退休的選擇。
美國國際集團計劃在Corebridge解散整合後實現調整後的投資回報率超過10％。
目前在 “AIG Next” 戰略中所做的努力以及Corebridge的解散應有助於在2024年實現其調整後的投資回報率超過10％的目標。
AIG計劃增加超額和盈餘額度，並提高一般保險、人壽和退休金的收益率和淨投資收益。
正在探討可能出售人壽和退休業務Corebridge的股票的詳細計劃，並以有條不紊的方式監管股票回購。
More details: American International Group IR
更多詳情： 美國國際集團 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。