American International Group, Inc. (AIG) Q3 2024 Earnings Call Transcript Summary
American International Group, Inc. (AIG) Q3 2024 Earnings Call Transcript Summary
Net investment income on an adjusted pre-tax basis rose by 19% year-over-year to $897 million.The following is a summary of the American International Group, Inc. (AIG) Q3 2024 Earnings Call Transcript:
以下是美國國際集團（AIG）2024年第三季度業績會議實錄摘要：
Financial Performance:
財務表現:
AIG's adjusted after-tax income in Q3 2024 was $798 million or $1.23 per diluted share, marking a 31% increase in EPS year-over-year.
Underwriting income for the quarter reached $437 million, despite total catastrophe-related charges of $417 million.
Net investment income on an adjusted pre-tax basis rose by 19% year-over-year to $897 million.
The calendar year combined ratio was 92.6%.
AIG returned approximately $1.8 billion to shareholders, combining $1.5 billion of stock repurchases and $254 million of dividends.
AIG在2024年第三季度的調整後稅後收入爲79800萬美元，每股稀釋盈利爲1.23美元，較去年同期每股收益增長31%。
儘管遭受總共41700萬美元的與災難相關的費用，該季度承保收入達到43700萬美元。
在調整前稅基淨投資收入同比增長19%，達到89700萬美元。
日曆年綜合賠付比率爲92.6%。
AIG向股東返還約18億美元，包括15億美元的股票回購和25400萬美元的分紅。
Business Progress:
業務進展:
Gross premiums written increased by 3% year-over-year to $8.6 billion.
Net premiums written saw a 6% growth, reaching $6.4 billion.
Global Commercial demonstrated robust growth with $4.2 billion in net premiums earned, a 7% increase year-over-year.
AIG achieved favorable prior year reserve development of $153 million.
North America Commercial grew its line by 11% in net premiums written, driven notably by casualty and excess lines, particularly Lexington, which grew by 24% in new business.
毛保費收入同比增長3%，達到86億美元。
淨保費收入增長6%，達到64億美元。
全球商業業務展現出強勁增長，淨保費收入達42億美元，同比增長7%。
AIG取得了有利的往年儲備發展，達15300萬美元。
北美商業業務的淨保費收入增長11%，尤其受傷亡險和超額險的推動，特別是雷星業務的增長達到24%。
Opportunities:
機會：
Strong retention rates and new business growth across both North America and International segments, especially in casualty and specialty lines, provide a foundation for continued expansion and profitability.
The adoption of GenAI to increase efficiency and submission rates can drive further competitive advantage and promote growth.
無論是北美還是國際業務板塊，保留率和新增業務增長均強勁，尤其是傷亡和專業領域，爲持續擴張和盈利能力奠定基礎。
採用GenAI提高效率和遞交率可以進一步推動競爭優勢，促進增長。
Risks:
風險：
The persistence of natural catastrophes poses significant challenges to AIG's performance, although substantial improvements in underwriting and reinsurance strategies have mitigated its impacts.
The anticipation of continued substantial natural catastrophe losses industry-wide continues to impose financial and operational risks.
自然災害持續存在，給美國國際集團的業績帶來重大挑戰，儘管覈保和再保險策略的重大改進減輕了其影響。
廣泛預計全行業持續大規模自然災害損失將繼續對財務和運營風險產生影響。
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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
