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View Our Q4 2011 Financial Supplement American International Group, Inc. Quarterly Financial Supplement Fourth Quarter 2011 This report should be read in conjunction with AIG’s Annual Report on Form 10-K for the year ended December 31, 2011 filed with the Securities and Exchange Commission. All financial information in this document is unaudited. American International Group, Inc. Quarterly Financial Supplement Contact: Liz Werner Investor Relations (212) 770-7074 Table of Contents . Page(s) Cautionary Statement Regarding Forward-Looking Information ........................................... 1 SunAmerica Financial Group Non-GAAP Financial Measures .................................................................................................. 2 SunAmerica Financial Group Operating Statistics .................................................................... 30 Consolidated Results Domestic Life Insurance (American General) Operating Statistics .......................................... 31 Consolidated Statement of Operations……. ................................................................................ 3 Domestic Life Insurance (American General) Sales, Deposits and In Force ............................ 32 Consolidated Statement of Segment Operations .................................................................... 4 – 5 Domestic Life Insurance (American General) Other Data ....................................................... 33 After-tax Operating Income (loss) Attributable to AIG ............................................................... 6 Domestic Retirement Services Operating Statistics .................................................................. 34 Summary of Non-Qualifying Derivative Hedging Activities ...................................................... 7 Domestic Retirement Services Product Statistics ..................................................................... 35 Condensed Consolidating Balance Sheet ............................................................................... 8 - 9 Domestic Retirement Services Account Value Rollforward ..................................................... 36 STAT to GAAP reconciliation .................................................................................................. 10 Domestic Retirement Services Spread Information ........................................................... 37 - 38 Debt and Capital ........................................................................................................................ 11 Domestic Retirement Services – Group Retirement Products (VALIC) ................................... 39 Understanding AIG’s Relationship with the U.S. Government ................................................. 12 Domestic Retirement Services – Individual Variable Annuities Book Value per Common Share ................................................................................................ 13 (SunAmerica Retirement markets) Guaranteed Benefits .................................................. 40 - 42 Chartis SunAmerica Financial Group Notes .................................................................................. 43 - 44 Chartis Operating Statistics ........................................................................................................ 14 Aircraft Leasing Chartis - Operating Statistics by Business ...........................................................................15 - 17 Aircraft Leasing Operating Statistics ........................................................................................ 45 Chartis - Operating Statistics (U.S. & International) .......................................................... 18 – 21 Other Revised Historical Chartis - Operating Statistics ................................................................ 22 – 26 Other Operations ........................................................................................................................ 46 Worldwide Net Premiums Written by Line of Business & Region ............................................ 27 Mortgage Guaranty Operating Statistics .................................................................................... 47 Net Premiums Written by Line of Business ................................................................................ 28 AIGFPAG dderivatives i i ..................................................................................................................... 4488 Chartis Notes .............................................................................................................................. 29 Parent Company Financial Statements ............................................................................... 49 - 51 Investment Information Other Invested Assets by Segment ............................................................................................ 52 Realized Capital Gains (Losses) ............................................................................................... 53 Return on Average Partnership and Mutual Funds Assets by Segment .................................... 54 Cautionary Statement Regarding Forward-Looking Information This Financial Supplement includes, and officers and representatives of American International Group, Inc. (AIG) may from time to time make, projections, goals, assumptions and statements that may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These projections, goals, assumptions and statements are not historical facts but instead represent only AIG’s belief regarding future events, many of which, by their nature, are inherently uncertain and outside AIG’s control. These projections, goals, assumptions and statements include statements preceded by, followed by or including words such as “believe”, “anticipate”, “expect”, “intend”, “plan”, “view”, “target” or “estimate”. These projections, goals, assumptions and statements may address, among other things: the timing of the disposition of the ownership position of the United States Department of the Treasury (the Department of the Treasury) in AIG; the timing and method of repayment of the preferred interests in AIA Aurora LLC held by the Department of the Treasury; the monetization of AIG’s interests in International Lease Finance Corporation (ILFC); AIG’s exposures to subprime mortgages, monoline insurers and the residential and commercial real estate markets, state and municipal bond issuers and sovereign bond issuers; AIG’s exposure to European governments and European financial institutions; AIG’s strategy for risk management; AIG’s ability to retain and motivate its employees; AIG’s generation of deployable capital; AIG’s return on equity and earnings per share long-term aspirational goals; AIG’s strategy to grow net investment income, efficiently manage capital and reduce expenses; AIG’s strategy for customer retention, growth, product development, market position, financial results and reserves; and the revenues and combined ratios of AIG’s subsidiaries. It is possible that AIG’s actual results and financial condition will differ, possibly materially, from the results and financial condition indicated in these projections, goals, assumptions and statements. Factors that could cause AIG’s actual results to differ, possibly materially, from those in the specific projections, goals, assumptions and statements include: actions by credit rating agencies; changes in market conditions; the occurrence of catastrophic events; significant legal proceedings; concentrations in AIG’s investment portfolios, including its municipal bond portfolio; judgments concerning casualty insurance underwriting and reserves; judgments concerning the recognition of deferred tax assets; judgments concerning deferred policy acquisition costs (DAC) recoverability; judgments concerning the recoverability of aircraft values in ILFC’s fleet; and such other factors as discussed in Part I, Item 1A. Risk Factors and throughout Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations in AIG’s Annual Report on Form 10-K for the year ended December 31, 2011. AIG is not under any obligation (and expressly disclaims any obligation) to update or alter any projections, goals, assumptions or other statements, whether written or oral, that may be made from time to time, whether as a result of new information, future events or otherwise. 1 Non-GAAP Financial Measures Throughout this financial supplement, AIG presents its operations in the way it believes will be most meaningful and useful, as well as most transparent, to the investing public and others who use AIG’s financial information in evaluating the performance of AIG. That presentation includes the use of certain non-GAAP financial measures. The reconciliations of such measures to the most comparable GAAP measures in accordance with Regulation G are included within the relevant tables. AIG believes that After-tax operating income (loss) permits a better assessment and enhanced understanding of the operating performance of its businesses by highlighting the results from ongoing operations and the underlying profitability of its businesses. After-tax operating income (loss) excludes net income (loss) from discontinued operations, net income (loss) from divested businesses that did not qualify for discontinued operations accounting treatment, deferred income tax valuation allowance charges and releases, amortization of the Federal Reserve
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