American International vs Assurant
American International is the larger business, with $26.77bn of revenue in fiscal 2025 against $12.81bn for Assurant (2.1 times as much). Assurant grew faster (7.9% against -1.7%). American International kept more of each dollar of sales as profit: a net margin of 11.6% against 6.8%. American International carries less debt relative to equity (22.3% against 37.6%).
| Latest fiscal year | American InternationalAIG, 2025 | AssurantAIZ, 2025 |
|---|---|---|
| Revenue | $26.77bn | $12.81bn |
| Revenue growth | -1.7% | 7.9% |
| Net income | $3.10bn | $873m |
| Operating margin | — | — |
| Net margin | 11.6% | 6.8% |
| Return on equity | 7.4% | 15.9% |
| Free cash flow | $3.31bn | $1.60bn |
| Cash | $1.34bn | $1.83bn |
| Total debt | $9.19bn | $2.21bn |
| Debt to equity | 22.3% | 37.6% |
| Dividend per share | $1.75 | $3.28 |
| Dividend yield | 2.3% | 1.2% |
| Share buybacks | $5.84bn | $304m |
| Employees | 22,100 | 14,800 |
| Market value | $42.44bn | $14.61bn |
| Price vs our value range | — | — |
| Moat score | 21 (Weak) | 70 (Moderate) |
| Insider trades, 12 months | 2 buys, 5 sales | 0 buys, 8 sales |