AIG 2011 Annual Report Download - page 16

American International Group, Inc.
Annual Report on Form 10-K
For the Year Ended December 31, 2011
Table of Contents
Form 10-K
Item Number Description Page
PART I
Item 1. Business 4
Analysis of Consolidated Loss Reserve Development 14
Locations of Certain Assets 20
Regulation 20
Competition 26
Other Information about AIG 26
Directors and Executive Officers of AIG 27
Item 1A. Risk Factors 29
Item 1B. Unresolved Staff Comments 43
Item 2. Properties 43
Item 3. Legal Proceedings 43
Item 4. Mine Safety Disclosures 43
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases
of Equity Securities 44
Item 6. Selected Financial Data 47
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations 49
Cautionary Statement Regarding Forward-Looking Information 49
Use of Non-GAAP Measures 50
Executive Overview 50
Outlook 52
Results of Operations 61
Consolidated Results 62
Segment Results 71
Chartis Operations 71
Liability for Unpaid Claims and Claims Adjustment Expense 85
SunAmerica Operations 106
Aircraft Leasing Operations 113
Other Operations 115
Capital Resources and Liquidity 122
Overview 122
Liquidity Adequacy Management 122
Analysis of Sources and Uses of Cash 123
Liquidity of Parent and Subsidiaries 124
Debt 131
Credit Facilities 133
Contractual Obligations 135
Off-Balance Sheet Arrangements and Commercial Commitments 137
Dividends from Insurance Subsidiaries 138
Continued on next page
2 AIG 2011 Form 10-K