2007 Annual Report - AIG.com

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AIG’s goal is to make a difference with our philanthropic contributions in partnership with organizations that promote entrepreneurship, innovation, diversity and empowerment around the world. In 2007, AIG provided significant support to charitable organizations that address the needs of the communities where we do business—empowering women, promoting innovative education programs and providing opportunities for diverse populations. Reflecting AIG’s core value of entrepreneurship and legacy as a microinsurance pioneer, we continue to help the world’s working poor build businesses. AIG member companies have developed microinsurance markets in Africa, India, Latin America and Southeast Asia—benefitting more than 2.5 million clients in 12 countries (pictured, owner of a weaving business in Peru and her family). AIG demonstrated its commitment to the environment when it became the first insurance organization to join the U.S. Climate Action Partnership last year. This organization advocates mandatory greenhouse gas (GHG) emissions limits in the United States. AIG also formed a dedicated alternative energy practice, as well as an eco-practice focused on climate change risks. And AIG announced plans to fund agricultural projects in China to generate 310,000 metric tons of carbon offset credits, representing about half the GHG emissions attributable to our global operations. WE SEE THE CHANCE TO MAKE THE WORLD A MORE PROSPEROUS AND LIVABLE PLACE. One of the main points in AIG’s Vision is to contribute to the growth of sustainable, prosperous communities. We believe that corporate responsibility is essential to our long-term objective of creating value for our shareholders and serving the interests of our clients. In 2007, AIG took important steps to incorporate social, environmental and governance concerns into our underwriting, risk management and investment decision making. We also grew our philanthropic programs at both the corporate and local levels, leveraging our global reach and relationships with partners in the community. 20 AIG 2007 Annual Report
Since 2003, the AIG Disaster Relief Fund (DRF)—funded by donations from AIG and its employees—has contributed over $10 million to emergency relief organizations. In 2007, the DRF supported rebuilding and reconstruction efforts after the earthquake in Peru, and responded to the wildfires that burned through southern California. AIG also supports disaster preparedness organizations that focus on planned and coordinated responses to disasters. AIG’s commitment to diversity encompasses support for historically disadvantaged ethnic groups and women around the world. AIG is also recognized for reaching out to people with disabilities. In 2007, New York City Mayor Michael R. Bloomberg recognized AIG with the ADA (Americans with Disabilities Act) Employment Award for its disability initiatives. AIG 2007 Annual Report 21
Page 1 and 2: AMERICAN INTERNATIONAL GROUP, INC.
Page 3 and 4: FINANCIAL HIGHLIGHTS (in millions,
Page 5 and 6: overall financial condition, althou
Page 7 and 8: Group Executive Committee We are ad
Page 9 and 10: AIG’s life insurance network is t
Page 11 and 12: We have also begun to address the e
Page 13 and 14: WHAT WE SEE The ability to see and
Page 15 and 16: The Major Accounts Practice within
Page 17 and 18: Around the world, the middle class
Page 19 and 20: WE SEE GROWTH OPPORTUNITIES IN EMER
Page 21: To grow the strength of the AIG glo
Page 25 and 26: RESPECT Respect encompasses how we
Page 27 and 28: Life Insurance & Retirement Service
Page 29 and 30: Domestic Brokerage Group— Gross P
Page 31 and 32: In the summer of 2007, widespread f
Page 33 and 34: in gross premiums written. It launc
Page 35 and 36: It grew new business premiums from
Page 37 and 38: emerging markets for its services,
Page 39 and 40: ILFC—Revenues by Region Total = $
Page 41 and 42: AIG Investments acquired a 94 perce
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Page 45 and 46: American International Group, Inc.
Page 55 and 56: UNITED STATES SECURITIES AND EXCHAN
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American International Group, Inc.
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Index of Notes to Consolidated Fina
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SHAREHOLDER INFORMATION Corporate H
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