11:39 AM EST, 11/25/2025 (MT Newswires) -- American International Group's ( AIG ) balance sheet continues to transform as the company moves toward a full divestment of Corebridge Financial ( CRBG ) shares and completes recently announced deals, RBC Capital Markets said in a Monday note.

AIG's recent Onex/Convex and Everest Group ( EG ) deals enhance AIG's operating position moving forward, RBC said, adding that the deals come at the cost of buybacks at "highly attractive multiples" in 2026.

RBC said it is in-line with consensus expectations, with about 1% variance in 2026-2027, and that its growth estimates are modestly ahead of consensus.

"We sit at $1 billion of repurchases in 2026 and $1.5 billion in 2027, consistent with management commentary and inorganic capital opportunities in late 2026 for lingering CRBG ownership," RBC added.

The firm rated AIG as sector perform with an $85 price target.

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