The New York-based insurer also posted a sharp rise in fourth-quarter earnings and said it would continue to explore additional share-repurchase opportunities.
For its fourth quarter ended Dec. 31, AIG made $3.44 billion, or $1.31 a share, up from the year-ago $444 million, or 17 cents a share. On an adjusted basis, excluding realized capital gains and losses, earnings rose to $1.47 a share from 14 cents a year earlier.
Analysts surveyed by Thomson Financial were looking for $1.49.
Shares rose $1.34 to $68.75.