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ITEM 7 / INVESTMENTS.....................................................................................................................................................................................Other-than-temporary impairment charges by investment type and credit rating:Other Fixed Equities/Other(in millions) RMBS CDO/ABS CMBS Maturity Invested Assets * TotalFor the Year Ended December 31, 2012Rating:AAAAAABBBBelow investment gradeNon-ratedTotalFor the Year Ended December 31, 2011Rating:AAA $ 3 $ – $ – $ 9 $ – $ 12AA 24 – – 10 – 34A 7 – – 15 – 22BBB 6 5 – 1 – 12Below investment grade 749 15 150 14 – 928Non-rated – – – 1 271 272Total $ 789 $ 20 $ 150 $ 50 $ 271 $ 1,280For the Year Ended December 31, 2010Rating:AAA $ 5 $ – $ – $ 10 $ – $ 15AA 20 – – 3 – 23A 2 – 13 14 – 29BBB 47 – 41 10 – 98Below investment grade 1,207 30 784 108 – 2,129Non-rated – 9 – 34 702 745Total $ 1,281 $ 39 $ 838 $ 179 $ 702 $ 3,039* Includes other-than-temporary impairment charges on private equity funds, hedge funds and direct private equity investments.We recorded other-than-temporary impairment charges in the years ended December 31, 2012 and 2011 related to:• issuer-specific credit events;• securities for which we have changed our intent from hold to sell;• declines due to foreign exchange rates;• adverse changes in estimated cash flows on certain structured securities;• securities that experienced severe market valuation declines; and$ – $ – $ – $ 2 $ – $ 210 – – – – 10– 2 – 4 – 6– – – – – –432 5 208 26 – 671– – – 34 444 478$ 442 $ 7 $ 208 $ 66 $ 444 $ 1,167• other impairments, including equity securities, private equity funds, hedge funds, direct private equity investments,aircraft trusts and investments in life settlement contracts.There was no significant impact to our consolidated financial condition or results of operations fromother-than-temporary impairment charges for any one single credit. Also, no individual other-than-temporaryimpairment charge exceeded 0.11 percent, 0.20 percent and 0.20 percent of total equity at December 31, 2012, 2011or 2010, respectively.In periods subsequent to the recognition of an other-than-temporary impairment charge for available for sale fixedmaturity securities that is not foreign-exchange related, we generally prospectively accrete into earnings thedifference between the new amortized cost and the expected undiscounted recovery value over the remaining life ofthe security. The accretion that was recognized for these securities in earnings was $915 million in 2012, and..................................................................................................................................................................................................................................AIG 2012 Form 10-K 153