BASIS OF PRESENTATION
American International Group, Inc. (AIG) is a leading global insurance organization serving customers in more than 100
countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through one of the most
extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life
insurance and retirement services in the United States. AIG Common Stock, par value $2.50 per share (AIG Common Stock),
is listed on the New York Stock Exchange (NYSE: AIG) and the Tokyo Stock Exchange. Unless the context indicates
otherwise, the terms “AIG,” “we,” “us” or “our” mean American International Group, Inc. and its consolidated subsidiaries and
the term “AIG Parent” means American International Group, Inc. and not any of its consolidated subsidiaries.
The consolidated financial statements include the accounts of AIG Parent, our controlled subsidiaries (generally through a
greater than 50 percent ownership of voting rights of a voting interest entity), and variable interest entities (VIEs) of which we
are the primary beneficiary. Equity investments in entities that we do not consolidate, including corporate entities in which we
have significant influence and partnership and partnership-like entities in which we have more than minor influence over
operating and financial policies, are accounted for under the equity method unless we have elected the fair value option.
Certain of our foreign subsidiaries included in the consolidated financial statements report on different annual fiscal year
bases, in most cases ending November 30. The effect on our consolidated financial condition and results of operations of all
material events occurring at these subsidiaries between such fiscal year end and December 31st for all periods presented in
these consolidated financial statements has been recorded.
The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally
accepted in the United States (GAAP). All material intercompany accounts and transactions have been eliminated.
Segment changes are discussed in Note 3 herein.