AIG 2015 Annual Report Download - page 243

ITEM 8 / NOTE 3. SEGMENT INFORMATION

243
independent agents and direct marketing. Personal insurance products are distributed primarily through agents and brokers,
as well as through direct marketing and partner organizations.
Corporate and Other
Our Corporate and Other consists of:
• Income from assets held by AIG Parent and other corporate subsidiaries;
• General operating expenses not attributable to specific reporting segments;
• Interest expense; and
• Run-off insurance lines.
Certain of our management activities, such as investment management, enterprise risk management, liquidity management
and capital management, and our balance sheet reporting, are conducted on a legal entity basis. We group our insurance-
related legal entities into two categories: Non-Life Insurance Companies, and Life Insurance Companies.
Non-Life Insurance Companies include the following major property casualty and mortgage guaranty companies: National
Union Fire Insurance Company of Pittsburgh, Pa.(National Union); American Home Assurance Company (American Home);
Lexington Insurance Company (Lexington); Fuji Fire and Marine Insurance Company Limited (Fuji Fire); American Home
Assurance Company, Ltd. (American Home Japan); AIG Asia Pacific Insurance, Pte, Ltd.; AIG Europe Limited and United
Guaranty Residential Insurance Company (UGRIC).
Life Insurance Companies include the following major operating companies: American General Life Insurance Company
(American General Life); The Variable Annuity Life Insurance Company (VALIC); The United States Life Insurance Company
in the City of New York (U.S. Life) and AIG Fuji Life Insurance Company Limited (Fuji Life).