Guidance RiskDespite the upside to the price objective, there is a belief of a greater risk of AIG missing its guidance.
Market Pricing PowerPricing power within the large employer marketplace where AIG primarily operates continues to be soft, possibly resulting in margin pressure.
Revenue PerformanceTotal 2Q25 net premiums written declined by 1%, which compared unfavorably against the estimate of no change, largely due to an 11% decline in GP premiums.