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ITEM 5 / MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS ANDISSUER PURCHASES OF EQUITY SECURITIES.....................................................................................................................................................................................Five-Year Cumulative Total Shareholder Returns$150Value of $100 Invested on December 31, 2007$100$50$02007 20082009 2010Years Ending2011 2012AMERICAN INTERNATIONAL GROUP S&P 500 INDEX NEW PEER GROUP OLD PEER GROUP15FEB201317493176As of December 31,2007 2008 2009 2010 2011 2012AIG $ 100.00 $ 2.91 $ 2.77 $ 5.33 $ 2.62S&P 500 100.00 63.00 79.67 91.68 93.61New Peer Group 100.00 55.09 64.18 69.34 60.13Old Peer Group 100.00 55.12 65.95 76.00 68.06$ 3.98108.5977.2185.32..................................................................................................................................................................................................................................AIG 2012 Form 10-K 47
ITEM 6 / SELECTED FINANCIAL DATA.....................................................................................................................................................................................ITEM 6 / SELECTED FINANCIAL DATA..............................................................................................................................................................................................The Selected Consolidated Financial Data should be read in conjunction with Management’s Discussion andAnalysis of Financial Condition and Results of Operations and the Consolidated Financial Statements andaccompanying notes included elsewhere herein.Years Ended December 31,(in millions, except per share data) 2012 2011 2010 (a) 2009 (a) 2008Revenues:Premiums $ 38,011 $ 38,990 $ 45,319 $ 48,583 $ 60,147Policy fees 2,791 2,705 2,710 2,656 2,990Net investment income 20,343 14,755 20,934 18,992 10,453Net realized capital gains (losses) 929 701 (716) (3,787) (50,426)Other income 3,582 2,661 4,582 3,729 (34,941)Total revenues 65,656 59,812 72,829 70,173 (11,777)Benefits, claims and expenses:Policyholder benefits and claims incurred 31,977 33,450 41,392 45,314 45,447Interest credited to policyholder account balances 4,362 4,467 4,487 4,611 5,582Amortization of deferred acquisition costs 5,709 5,486 5,821 6,670 6,425Other acquisition and insurance expenses 9,235 8,458 10,163 9,815 14,783Interest expense 2,319 2,444 6,742 13,237 14,440Net loss on extinguishment of debt 9 2,847 104 – –Net (gain) loss on sale of properties and divested businesses 2 74 (19,566) 1,271 –Other expenses 2,721 2,470 3,439 5,282 5,842Total benefits, claims and expenses 56,334 59,696 52,582 86,200 92,519Income (loss) from continuing operations before income taxes (b) 9,322 116 20,247 (16,027) (104,296)Income taxes expense (benefit) 1,570 (19,424) 6,993 (2,551) (8,097)Income (loss) from continuing operations 7,752 19,540 13,254 (13,476) (96,199)Income (loss) from discontinued operations, net of taxes (4,052) 1,790 (969) 3,750 (6,683)Net income (loss) 3,700 21,330 12,285 (9,726) (102,882)Net income (loss) attributable to AIG 3,438 20,622 10,058 (8,362) (101,784)Income (loss) per common share attributable to AIG commonshareholdersBasic and dilutedIncome (loss) from continuing operations 4.44 10.03 16.50 (98.52) (725.89)Income (loss) from discontinued operations (2.40) 0.98 (1.52) 27.15 (49.91)Net income (loss) attributable to AIG 2.04 11.01 14.98 (71.37) (775.80)Dividends declared per common share –– – – 8.40Year-end balance sheet data:Total investments 375,824 410,438 410,412 601,165 636,912Total assets 548,633 553,054 675,573 838,346 848,552Long-term debt 48,500 75,253 106,461 136,733 177,485Total liabilities 449,630 442,138 568,363 748,550 797,692Total AIG shareholders’ equity 98,002 101,538 78,856 60,585 40,844Total equity 98,669 102,393 106,776 88,837 48,939Book value per share (a) 66.38 53.53 561.40 448.54 303.71Book value per share, excluding Accumulated othercomprehensive income (loss) (a)(c) 57.87 50.11 498.25 400.90 353.97AIG Property Casualty combined ratio (d) 108.6 108.8 116.8 108.4 102.1Other data (from continuing operations):Other-than-temporary impairments 1,167 1,280 3,039 6,696 41,867Adjustment to federal and foreign deferred tax valuationallowance (1,907) (18,307) 1,361 2,986 22,172Amortization of prepaid commitment fee – 49 3,471 8,359 9,279Catastrophe-related losses $ 2,652 $ 3,307 $ 1,076 $ 53 $ 1,840(a) Comparability between 2010 and 2009 data is affected by the deconsolidation of AIA in the fourth quarter of 2010. Book value per share,excluding Accumulated other comprehensive income (loss) is a non-GAAP measure. See Item 7. MD&A – Use of Non-GAAP Measures foradditional information. Comparability of 2010, 2009 and 2008 is affected by a one for twenty reverse stock split.(b) Reduced by fourth quarter reserve strengthening charges of $4.2 billion and $2.2 billion in 2010 and 2009, respectively, related to the annualreview of AIG Property Casualty loss and loss adjustment reserves.(c) Amounts for periods after December 31, 2008 have been revised to reflect reclassification of income taxes from AOCI to additional paid incapital to correct the presentation of components of AIG Shareholders’ Equity. See Note 1 to the Consolidated Financial Statements for additionalinformation on the reclass.(d) See Item 7. MD&A – Results of Operations – AIG Property Casualty Operations for a reconciliation of the adjusted combined ratio...................................................................................................................................................................................................................................48 AIG 2012 Form 10-K
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American International Group, Inc.2
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KEY FACTS & FIGURES52,000+ $65.7 bi
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■We said we would return to profi
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Financial HighlightsYears Ended Dec
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~63,000AIG EMPLOYEES AROUND THE WOR
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$115.1 millionAVERAGE CLAIMS PAID E
Page 13 and 14: $10,000MAXIMUM DONATION MADE BY AIG
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Page 18 and 19: AMERICAN INTERNATIONAL GROUP, INC.A
Page 20 and 21: ITEM 1 / BUSINESS / AIG............
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ITEM 7 / RESULTS OF OPERATIONS.....
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ITEM 7 / LIQUIDITY AND CAPITAL RESO
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ITEM 7 / INVESTMENTS...............
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ITEM 7 / ENTERPRISE RISK MANAGEMENT
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ITEM 7 / CRITICAL ACCOUNTING ESTIMA
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ITEM 7 / GLOSSARY..................
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ITEM 7 / GLOSSARY..................
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ITEM 7A / QUANTITATIVE AND QUALITAT
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ITEM 8 / INDEX TO FINANCIAL STATEME
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AMERICAN INTERNATIONAL GROUP, INC.C
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ITEM 8 / NOTE 1. BASIS OF PRESENTAT
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ITEM 8 / NOTE 2. SUMMARY OF SIGNIFI
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ITEM 8 / NOTE 3. SEGMENT INFORMATIO
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ITEM 8 / NOTE 3. SEGMENT INFORMATIO
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ITEM 8 / NOTE 4. DIVESTED BUSINESSE
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ITEM 8 / NOTE 4. DIVESTED BUSINESSE
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ITEM 8 / NOTE 5. BUSINESS COMBINATI
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ITEM 8 / NOTE 6. FAIR VALUE MEASURE
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ITEM 8 / NOTE 7. INVESTMENTS.......
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ITEM 8 / NOTE 8. LENDING ACTIVITIES
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ITEM 8 / NOTE 9. REINSURANCE.......
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ITEM 8 / NOTE 10. DEFERRED POLICY A
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ITEM 8 / NOTE 10. DEFERRED POLICY A
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ITEM 8 / NOTE 11. VARIABLE INTEREST
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ITEM 8 / NOTE 11. VARIABLE INTEREST
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ITEM 8 / NOTE 12. DERIVATIVES AND H
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ITEM 8 / NOTE 13. LIABILITY FOR UNP
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ITEM 8 / NOTE 14. VARIABLE LIFE AND
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ITEM 8 / NOTE 15. DEBT OUTSTANDING.
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ITEM 8 / NOTE 15. DEBT OUTSTANDING.
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ITEM 8 / NOTE 16. CONTINGENCIES, CO
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ITEM 8 / NOTE 17. TOTAL EQUITY.....
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ITEM 8 / NOTE 18. NONCONTROLLING IN
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ITEM 8 / NOTE 19. EARNINGS (LOSS) P
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ITEM 8 / NOTE 20. STATUTORY FINANCI
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ITEM 8 / NOTE 21. SHARE-BASED COMPE
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ITEM 8 / NOTE 21. SHARE-BASED COMPE
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ITEM 8 / NOTE 22. EMPLOYEE BENEFITS
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ITEM 8 / NOTE 24. INCOME TAXES.....
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ITEM 8 / NOTE 26. QUARTERLY FINANCI
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ITEM 8 / NOTE 27. INFORMATION PROVI
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PART II............................
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PART IV............................
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SignatureTitle/s/ ARTHUR C. MARTINE
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ExhibitNumber Description Location(
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Condensed Financial Information of
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Condensed Financial Information of
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Notes to Condensed Financial Inform
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Supplementary Insurance Information
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Valuation and Qualifying AccountsFo
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Subsidiaries of RegistrantExhibit 2
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Percentageof VotingSecuritiesJurisd
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Percentageof VotingSecuritiesJurisd
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CONSENT OF INDEPENDENT REGISTERED P
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CERTIFICATIONSI, Robert H. Benmosch
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CERTIFICATIONExhibit 32In connectio
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SECURITIES REGISTERED PURSUANT TO S
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American International Group, Inc.1
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