In a letter to shareholders accompanying AIG’s annual report, Chairman and CEO Peter Zaffino emphasized the company’s commitment to accelerating its artificial intelligence strategy and strengthening long-term growth.
He sets out this ambition in an increasingly complex operating environment shaped by an evolving risk landscape, geopolitical tensions, ongoing inflationary uncertainty, heightened disaster activity and rapid technological change.
Zaffino described 2025 as a landmark year for AIG, highlighting the company’s delivery on strategic, operational and financial priorities while positioning the business for a strong future.
The CEO also pointed to the pace of technological change over the past year, noting that breakthroughs in large language models, computing power, and agent and autonomous artificial intelligence are fundamentally reshaping the way risk is assessed and managed, with Zaffino saying these developments are “unlike anything we have seen in our lifetimes.”
Zaffino continued: “Against this backdrop, we continued our commitment to underwriting excellence and disciplined capital management, investing in our future and strengthening our balance sheet, ending the year with significant financial flexibility.
“These results are a direct result of years of rigorous execution and the hard work of our AIG colleagues.”
Zaffino said that at the end of last year, the company would continue to accelerate the execution of its artificial intelligence strategy while enhancing its growth prospects through a series of strategic initiatives.
These include investments in Convex Group and Onex Corporation, the renewal of the rights agreement with Everest, and the launch of new special purpose vehicles in partnership with Blackstone, Amwins Group and Palantir.
“These initiatives expand our capabilities and enable us to seize new opportunities,” he added.
The CEO’s letter concluded: “None of this would be possible without the dedication of our incredible colleagues around the world. Thanks to their extraordinary efforts and commitment, AIG has entered 2026 with strong momentum and a strong foundation to accelerate progress on our strategy.”
