The global critical illness insurance market is projected to grow from USD 332.3 billion in 2025 to USD 659.84 billion by 2033, driven by rising disease prevalence, escalating healthcare costs, and digital distribution channels. The U.S. market alone is expected to reach USD 173.54 billion by 2033. Growth is fueled by increasing awareness, employer-sponsored benefits, and technological innovations in claims processing, though regulatory complexity and lack of standardized coverage definitions pose challenges.
American International Group, Inc. (AIG)
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a minority stake.
Company Info
Highlights
Related Tickers
Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American International Group, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
American International Group, Inc. (AIG) has returned -11.51% so far this year and -3.03% over the past 12 months. Looking at the last ten years, AIG has achieved an annualized return of 3.23%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
AIG
Benchmark (SPY)
Monthly Returns
The table below presents the monthly returns of American International Group, Inc. (AIG) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -12.14% | 7.58% | -6.97% | 0.47% | ||||||||
| 2025 | 0.49% | 14.15% | 4.82% | -6.27% | 5.01% | 1.76% | -9.59% | 5.06% | -3.49% | 0.66% | -3.61% | 12.46% |
| 2024 | 3.21% | 5.62% | 7.32% | -3.45% | 4.62% | -5.75% | 5.57% | 0.75% | -4.59% | 4.00% | 1.34% | -5.38% |
| 2023 | -0.36% | -2.30% | -17.66% | 5.11% | 0.46% | 8.02% | 4.74% | -3.10% | 2.92% | 1.44% | 6.64% | 3.17% |
| 2022 | 1.00% | 5.90% | 3.65% | -7.60% | -0.49% | -13.25% | 1.31% | 0.98% | -7.90% | 18.23% | 9.95% | -0.24% |
| 2021 | -0.56% | 16.49% | 2.92% | 5.35% | 7.88% | -10.74% | -1.42% | 13.98% | 0.37% | 7.14% | -11.91% | 5.88% |
| 2020 | -2.67% | -16.55% | -42.41% | 12.03% | 22.59% | 3.55% | 3.64% | -9.53% | -4.64% | 14.26% | 19.19% | -4.15% |
| 2019 | 11.13% | -0.58% | -0.97% | 9.31% | 7.52% | 4.35% | 4.60% | -6.62% | 7.63% | -5.31% | 1.29% | -2.67% |
| 2018 | 6.53% | -10.04% | -5.09% | 3.26% | -5.56% | -0.73% | 4.49% | -4.25% | 0.89% | -22.74% | -0.25% | -10.10% |
| 2017 | -2.56% | -1.28% | -3.55% | -2.43% | 3.99% | -2.02% | 4.19% | -7.99% | 1.34% | 4.68% | -7.64% | -0.82% |
| 2016 | 3.64% | 2.66% | -7.91% | 3.40% | 9.86% | -0.95% | 4.24% | 2.53% | 2.59% |
Performance Indicators
The charts below present risk-adjusted performance metrics for American International Group, Inc. (AIG) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of AIG compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current American International Group, Inc. volatility is 1.35%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 161.25B | 161.32B | 539.31B | 526.63B | 596.11B | 586.48B | 525.06B | 491.98B | 498.30B | 498.26B | 496.94B | 515.58B | 541.33B | 548.63B | 555.77B |
| Temporary Equity (USD) | - | - | - | - | - | - | - | - | - | - | - | - | 30.00M | 334.00M | 8.52B |
| Equity Attributable To Parent (USD) | 41.14B | 42.52B | 45.35B | 40.00B | 65.96B | 66.36B | 65.68B | 56.36B | 65.17B | 76.30B | 89.66B | 106.90B | 100.47B | 98.00B | 104.95B |
| Equity Attributable To Noncontrolling Interest (USD) | 23.00M | 29.00M | 5.95B | 2.23B | 2.96B | 837.00M | 1.75B | 948.00M | 537.00M | 558.00M | 552.00M | 374.00M | 611.00M | 667.00M | 855.00M |
| Equity (USD) | 41.16B | 42.55B | 51.30B | 42.24B | 68.91B | 67.20B | 67.43B | 57.31B | 65.71B | 76.86B | 90.21B | 107.27B | 101.08B | 98.67B | 105.81B |
| Redeemable Noncontrolling Interest, Preferred (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | 334.00M | 96.00M |
| Redeemable Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - | - | - | - | 30.00M | 334.00M | 8.52B |
| Long-term Debt (USD) | 9.19B | 8.92B | - | 27.18B | 30.16B | 37.53B | 35.35B | 34.54B | 31.64B | 30.91B | 29.35B | 31.22B | 41.69B | 48.50B | 73.40B |
| Noncurrent Liabilities (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Liabilities (USD) | 120.09B | 118.77B | 488.01B | 484.40B | 527.20B | 519.28B | 457.64B | 434.68B | 432.59B | 421.41B | 406.73B | 408.31B | 440.22B | 449.63B | 441.44B |
| Liabilities (USD) | 120.09B | 118.77B | 488.01B | 484.40B | 527.20B | 519.28B | 457.64B | 434.68B | 432.59B | 421.41B | 406.73B | 408.31B | 440.22B | 449.63B | 441.44B |
| Intangible Assets (USD) | - | - | - | - | 300.00M | 319.00M | 333.00M | 360.00M | - | - | - | - | - | - | - |
| Fixed Assets (USD) | 1.37B | 1.12B | 1.38B | 1.59B | 1.71B | 1.84B | 1.95B | 2.17B | 2.52B | 2.66B | 3.14B | 2.70B | 2.32B | 2.21B | 2.31B |
| Noncurrent Assets (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Assets (USD) | 161.25B | 161.32B | 539.31B | 526.63B | 596.11B | 586.48B | 525.06B | 491.98B | 498.30B | 498.26B | 496.94B | 515.58B | 541.33B | 548.63B | 555.77B |
| Assets (USD) | 161.25B | 161.32B | 539.31B | 526.63B | 596.11B | 586.48B | 525.06B | 491.98B | 498.30B | 498.26B | 496.94B | 515.58B | 541.33B | 548.63B | 555.77B |
News and Insights

Software stocks declined sharply with the iShares Tech-Expanded Software Sector ETF (IGV) falling over 3%, while major U.S. indexes posted modest gains. The January jobs report showed strong headline numbers but disappointing revisions, with 2025 job growth at its weakest since 2003. Bitcoin dropped over 3% to $66,000, and notable losers included Unity Software, Mattel, and Zillow, while semiconductors and energy stocks outperformed.

Onex Corporation has completed its $7 billion acquisition of Convex Group Limited, a specialty property and casualty insurance and reinsurance company. Onex owns approximately 63% of Convex while AIG owns 35%, with the remaining stake held by Convex management. As part of the deal, AIG also invested in Onex by purchasing 7.5 million subordinate voting shares (9.9% stake) and committing $2 billion to Onex's private equity and credit strategies over three years.

Ten large-cap stocks experienced significant declines during the week of January 5-9, 2026. Notable losers include Madrigal Pharmaceuticals (down 11.57%), First Solar (down 14.46% following a Jefferies downgrade), Astera Labs (down 12.18%), and Roblox (down 9.99%). Other major decliners include CoStar Group, American International Group, NRG Energy, Las Vegas Sands, Johnson Controls International, and HDFC Bank. The declines were driven by analyst downgrades, leadership transitions, and executive changes.

With the Federal Reserve likely to pause rate cuts in January 2026 and maintain higher interest rates throughout the year, three financial infrastructure and insurance companies are positioned to benefit. CME Group, Intercontinental Exchange, and American International Group can leverage higher rates through interest income on customer balances, clearing collateral, and improved reinvestment yields respectively.

Wall Street started 2026 strong with the Dow Jones rallying nearly 1% to record highs. Silver surged above $80/oz amid supply shortages, while precious metals and mining stocks gained broadly. Memory chip stocks (SanDisk, Western Digital, Seagate) led gainers on supply crunch expectations. Albemarle rose on stronger EV/energy storage demand. Tesla declined for the eighth time in nine sessions due to robotaxi competition and European market share losses. Energy stocks lagged as oil prices fell on Venezuelan supply concerns.

Chubb's stock rose on speculation of a potential merger with AIG, though both companies have denied formal merger discussions. Market analysts have mixed opinions about the likelihood of a deal.
The 2025 NewYorkCIO ORBIE Awards recognized top technology executives from various companies, honoring their leadership and innovation across seven award categories at the Ziegfeld Ballroom in New York.
Onex Corporation reported Q3 2025 net earnings of $39 million, with ongoing progress across private equity and credit segments. The company announced a strategic acquisition of Convex Group Limited with AIG, positioning itself for future growth and enhanced balance sheet efficiency.

Onex and AIG are jointly acquiring Convex, a specialty property and casualty (re)insurer, for $7 billion. AIG will also acquire a 9.9% equity stake in Onex and commit $2 billion to Onex' private equity and credit strategies.