1、 Weaving It All Together American International Group,Inc.2023 Annual Report PURPOSE&VALUESOur Purpose is to discover new potential by reimagining what AIG can do for you.Our Values and how we bring them to life:TAKE OWNERSHIP We set clear expectations We are proactive We are accountableSET THE STAN
2、DARD We deliver qualityalways We are client-centric We lead the industryWIN TOGETHER We are stronger together We are aligned We are one teamBE AN ALLY We strive for inclusion We listen and learn We speak with our actionsDO WHATS RIGHT We act with integrity We lead by example We lift up our communiti
3、es 2023 FINANCIAL&STRATEGIC HIGHLIGHTS 28-point underwriting profitability improvement and$8B underwriting income increase over seven years Combined Ratio 118.9 96.0*90.6 28 pointsimprovement 87.7*2016 Approaching Corebridge deconsolidation with 52%remaining stake at year-end Corebridge Separation A
4、ctions Blackstone Investment 2021 Initial Public Ofering September 2022 Three Secondary Public Oferings andBuybacks 2023$2.9B cash proceeds from Secondary Public Offerings capital to AIG from Corebridge dividends and share repurchases in 2023$1.4B 2023 Balanced capital management supported financial
5、 strength,growth and shareholder capital return Common Shares Outstanding(millions,at year end)900 800 700 600 500 12.5%increase to quarterly common stock dividend 6%reduction from$3B of repurchases 2021 2022 2023*This is a non-GAAP financial measure.The definition and reconciliation of accident yea
6、r combined ratio,as adjusted,to the most comparable GAAP measure are on pages 288 and 289 of this Annual Report and page 68 of the 2023 Form 10-K.AIG 2023 ANNUAL REPORT 1 LETTER TO SHAREHOLDERS Dear AIG Shareholder:2023 was a year of exceptional achievement for AIG.In this letter to our shareholders