American International Group Inc. $(AIG)$ has reported its first quarter 2025 financial results, highlighting strong top-line growth. The net premiums written $(NPW.SI)$ totaled $4.5 billion, remaining flat on a reported basis compared to the previous year but showcasing an 8% increase on a comparable basis. This growth was driven by significant gains in Global Commercial NPW, which reached $3.2 billion, marking an 8% year-over-year increase, or 10% on a comparable basis. The North America Commercial segment experienced a remarkable 14% growth, while the International Commercial segment saw an 8% increase, supported by effective reinsurance optimization. AIG's Global Commercial new business reached $1.1 billion, representing a 12% year-over-year growth. The company's General Insurance combined ratio stood at 95.8%, with an adjusted accident year combined ratio of 87.8%, the best first quarter results since the financial crisis. In terms of profitability, AIG reported a net income attributable to common shareholders from continuing operations of $698 million, compared to $775 million in the previous year. The net income per diluted share attributable to common shareholders from continuing operations increased from $1.13 to $1.16. These results reflect AIG's ongoing strategic and financial flexibility as the company continues to execute its turnaround strategy and achieve its financial targets. Additionally, AIG has realigned its organizational structure, resulting in three reportable segments: North America Commercial, International Commercial, and Global Personal. This realignment reflects changes in how AIG manages its operations and allocates resources.
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