2007 Annual Report - AIG.com

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American International Group, Inc. and Subsidiaries CORPORATE DIRECTORY, CONTINUED Life Insurance & Retirement Services Bruce R. Abrams Senior Vice President Retirement Services Frank Chan Senior Vice President Life Insurance Matthew E. Winter Senior Vice President Life Insurance Jose L. Cuisia, Jr. Vice President Life Insurance Kevin T. Hogan Vice President Life Insurance Joyce A. Phillips Vice President Life Insurance Christopher J. Swift Vice President Life Insurance & Retirement Services Seiki Tokuni Vice President Life Insurance Andreas Vassiliou Vice President Life Insurance Gerald W. Wyndorf Vice President Life Insurance Asset Management Hans K. Danielsson Senior Vice President Investments Richard W. Scott Senior Vice President Investments Kevin P. Fitzpatrick Vice President Real Estate Investments Steven Guterman Vice President Asset Management Honorary Directors Houghton Freeman Retired Vice Chairman American International Group, Inc. Stowe, Vermont John I. Howell Retired Chairman J. Henry Schroder Bank & Trust Company Greenwich, Connecticut Edward E. Matthews Retired Senior Vice Chairman American International Group, Inc. New York, New York John J. Roberts Retired Vice Chairman American International Group, Inc. New York, New York Ernest E. Stempel Retired Vice Chairman American International Group, Inc. Hamilton, Bermuda Thomas R. Tizzio Retired Senior Vice Chairman General Insurance American International Group, Inc. New York, New York International Advisory Board Dr. Henry A. Kissinger Chairman International Advisory Board Former United States Secretary of State Chairman, Kissinger Associates, Inc. Abdlatif Al-Hamad Director General and Chairman of the Board of Directors Arab Fund for Economic and Social Development Dr. Leszek Balcerowicz Professor Warsaw School of Economics Chen Yuan Governor China Development Bank William S. Cohen Chairman and Chief Executive Officer The Cohen Group Former United States Secretary of Defense Sir Richard Dearlove Master of Pembroke College Cambridge Former Chief of the British Intelligence Service Carla A. Hills Chairman and Chief Executive Officer Hills & Company Former United States Trade Representative Dr. Otto Graf Lambsdorff Former German Minister of Economics Jacques de Larosiere Advisor to the Chairman BNP Paribas Lee Hong-Koo Chairman Seoul Forum for International Affairs Former Ambassador of Korea to the United States Erling S. Lorentzen Chairman Lorentzen Empreendimentos, S.A. Yoshihiko Miyauchi Chairman and Chief Executive Officer ORIX Corporation Ambassador Khun Anand Panyarachun Former Prime Minister of Thailand Chairman of the Council of Trustees Thailand Development Research Institute The Rt. Hon. Lord Christopher Patten Chancellor of Oxford University Moeen A. Qureshi Chairman EMP Global Washington Sycip Founder and Chairman The SGV Group Ratan N. Tata Chairman Tata Industries Limited 52 AIG 2007 Annual Report
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ¥ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2007 or n TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-8787 American International Group, Inc. (Exact name of registrant as specified in its charter) Delaware 13-2592361 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 70 Pine Street, New York, New York 10270 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code (212) 770-7000 Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Common Stock, Par Value $2.50 Per Share New York Stock Exchange 5.75% Series A-2 Junior Subordinated Debentures New York Stock Exchange 4.875% Series A-3 Junior Subordinated Debentures New York Stock Exchange 6.45% Series A-4 Junior Subordinated Debentures New York Stock Exchange 7.70% Series A-5 Junior Subordinated Debentures New York Stock Exchange NIKKEI 225˛ Index Market Index Target-Term Securities˛ due January 5, 2011 American Stock Exchange Securities registered pursuant to Section 12(g) of the Act: Title of each class None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes n No ¥ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes n No ¥ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ¥ No n Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. n Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of ‘‘large accelerated filer,’’ ‘‘accelerated filer’’ and ‘‘smaller reporting company’’ in Rule 12b-2 of the Exchange Act. (Check one): Large Accelerated Filer ¥ Accelerated Filer n Non-Accelerated Filer n Smaller Reporting Company n (Do not check if a smaller reporting company) Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes n No ¥ The aggregate market value of the voting and nonvoting common equity held by nonaffiliates of the registrant computed by reference to the price at which the common equity was last sold as of June 29, 2007 (the last business day of the registrant’s most recently completed second fiscal quarter), was approximately $152,287,000,000. As of January 31, 2008, there were outstanding 2,522,336,771 shares of Common Stock, $2.50 par value per share, of the registrant. Documents Incorporated by Reference: Portions of the registrant’s definitive proxy statement filed or to be filed with the Securities and Exchange Commission pursuant to Regulation 14A involving the election of directors at the Annual Meeting of Shareholders of the registrant scheduled to be held on May 14, 2008 are incorporated by reference in Part III of this Form 10-K. AIG 2007 Form 10-K 1
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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 and 22: To grow the strength of the AIG glo
Page 23 and 24: Since 2003, the AIG Disaster Relief
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
Page 43 and 44: and changing interest rates, as wel
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Index of Notes to Consolidated Fina
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SHAREHOLDER INFORMATION Corporate H
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