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CLAIM #4728 · American International Group Inc (AIG) · 2025Q1 earnings call · May 2, 2025 · due Dec 31, 2025

Yeah. I think, look, you probably won't see the same property effect in the future because we're not going to have as much reinsurance. So, I think those nets will come down.

Peter Zaffino · CEO

PENDING
graded after results covering Dec 31, 2025 are reported

In context

t too far off. It was just really property that benefited. What I just wanted to signal is that you see sort of the rate environment and why you're growing in property, well, we really aren't growing on the gross. As a matter of fact, in Lexington Property, in the gross we contracted, and retail gross slight increase, but the net was really more reflective of the reinsurance on property. Do you want to say something, Don? Don Bailey: I would just validate that, yeah, the underlying portfolio is strong, it's double-digits on a net basis. Brian Meredith: Great. So, nothing unusual in the first quarter? I mean, this is good solid growth you're seeing is sustainable here for at least in the near term, unless, of course, some other property competitor or something else comes up? Peter Zaffino: Yeah. I think, look, you probably won't see the same property effect in the future because we're not going to have as much reinsurance. So, I think those nets will come down. But the rest of the portfolio should reflect, as Don said, really strong new business, strong retention. We'll watch each line of business and make sure we're growing where we want to grow, but still think there's growth opportunities. Brian Meredith: Got you. And then, one last one, Peter. Any updated thoughts on what casualty loss trend is looking like here? A couple of positive developments, I think in Georgia and some areas as far as legislation goes. Maybe thoughts on that? Peter Zaffino: We'll watch it, Brian. We have not adjusted any of our loss costs and inflation factors on casualty, and we'll probably look at it in the sort of mid-year, but so far, we're keeping it where it was. Brian Meredith: Perfect. Thank you. Peter Zaffino: Okay. Thanks everybody for joining us today. Reall

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SEC filings for AIG · Claim quote is verbatim from the 2025Q1 earnings call.