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Bring on tomorrow - AIG.com

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Valuati<strong>on</strong> and Qualifying AccountsFor the years ended December 31, 2012, 2011 and 2010Schedule VAdditi<strong>on</strong>sReclassifiedBalance, Charged to Activity of to Assets ofBeginning Costs and Disc<strong>on</strong>tinued Businesses Divested Other Balance,(in milli<strong>on</strong>s) of year Expenses Charge Offs Operati<strong>on</strong>s Held for Sale Businesses Changes * End of year2012Allowance for mortgage andother loans receivableAllowance for premiums andinsurances balancesreceivableAllowance for reinsuranceassetsFederal and foreignvaluati<strong>on</strong> allowance fordeferred tax assets2011Allowance for mortgage and$ 74048436411,047$ (103)174(4)(1,907)$ (43)(36)(1)–$ (205)–––$ ––––$ ––––$ 162(21)(1,104)$ 4056243388,036other loans receivable $ 878 $ (18) $ (125) $ 22 $ – $ (55) $ 38 $ 740Allowance for premiums andinsurances balancesreceivable 515 63 (94) – – – – 484Allowance for reinsuranceassets 492 (116) (63) – – – 51 364Federal and foreignvaluati<strong>on</strong> allowance fordeferred tax assets 27,548 (18,307) – – – – 1,806 11,0472010Allowance for mortgage andother loans receivable $ 2,444 $ 348 $ (354) $ 125 $ (58) $ (1,635) $ 8 $ 878Allowance for premiums andinsurances balancesreceivable 537 87 (113) (2) – (7) 13 515Allowance for reinsuranceassets 440 3 14 (4) – – 39 492Federal and foreignvaluati<strong>on</strong> allowance fordeferred tax assets 25,605 1,361 – 1,292 – – (710) 27,548* Includes recoveries of amounts previously charged off and reclassificati<strong>on</strong>s to/from other accounts...................................................................................................................................................................................................................................366 <strong>AIG</strong> 2012 Form 10-K

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