Investor Presentaiton

Non-GAAP Reconciliations Accident Year Loss Ratio, as adjusted, and Accident Year Combined Ratio, as adjusted General Insurance - International General Insurance - International - Quarterly Commercial Lines Quarterly 1Q19 1Q20 1Q19 1Q20 Loss ratio 57.4 61.7 Loss ratio 63.0 67.0 Catastrophe losses and reinstatement premiums (0.5) (6.7) Catastrophe losses and reinstatement premiums (1.0) (11.3) Prior year development 0.4 1.4 Prior year development (2.4) 2.5 Accident year loss ratio, as adjusted 57.3 56.4 Accident year loss ratio, as adjusted 59.6 58.2 Acquisition ratio 23.8 24.1 Acquisition ratio 19.3 21.7 General operating expense ratio 13.4 14.2 General operating expense ratio 13.7 13.9 Expense ratio 37.2 38.3 Expense ratio 33.0 35.6 Combined ratio 94.6 100.0 Combined ratio 96.0 102.6 Accident t year combined ratio, as adjusted 94.5 94.7 Accident year combined ratio, as adjusted 92.6 93.8 General Insurance - International - Personal Insurance Quarterly 1Q19 1Q20 Loss ratio Catastrophe losses and reinstatement premiums Prior year development Accident year loss ratio, as adjusted 52.4 56.9 (2.7) 2.8 0.6 55.2 54.8 Acquisition ratio 27.9 26.2 General operating expense ratio 13.2 14.5 Expense ratio 41.1 40.7 Combined ratio 93.5 97.6 Accident year combined ratio, as adjusted 96.3 95.5 AIG 37

View entire presentation