“We expect to see this premium trend reverse in 2026.”

In context

“rnational Commercial Insurance. Net premiums written increased 1% year-over-year, driven by Marine, which increased 11%; and Property, which increased 6%. This was partially offset by Financial Lines, which declined 6%. International Commercial had an outstanding quarter for new business led by Specialty, which increased 17% year-over-year driven by Marine, which increased 35%; and Energy, which increased 30%. Property increased 24%, and Financial Lines increased 12%, driven by higher M&A activity in the quarter. In Global Personal, net premiums written decreased 4%, driven by the high net worth quota share reinsurance treaty that we entered into at 1/1/25. While this continues to improve profitability in the portfolio for 2025, it negatively impacted Global Personal net premiums written. We expect to see this premium trend reverse in 2026. Overall, it was a great quarter of performance for AIG, and it positions us for a strong finish to 2025. Last week was a momentous one for AIG. We announced strategic investments with Convex Group, Onex Corporation and a transaction with Everest Group. These will strengthen AIG's long-term value and strategic positioning, and we expect they will be earnings, EPS and ROE accretive 1 year after closing, aligned with the objectives we outlined at Investor Day. This is in line with my previous comments that we would look for compelling opportunities to deploy capital in ways that would be accretive to our financial metrics and to further build our business. As a point of reference, over the last 3 years, we've returned a total of $19 billion of capital to shareholders through approximately $1”