AIG 2006 Annual Report Download - page 47

Annual Report 2006 AIG 454545
Domestic Mortgage
Brokerage Group Personal Lines Guaranty (UGC) Transatlantic Foreign General
2006 2005 2006 2005 2006 2005 2006 2005 2006 2005
$ 31,330 $ 29,812 $ 4,821 $4,783 $ 1,065 $829 $3,983 $ 3,888 $ 17,680 $15,793
24,345 23,128 4,654 4,653 866 628 3,633 3,466 11,368 9,997
23,936 22,602 4,645 4,634 740 533 3,604 3,385 10,526 9,655
2,476 (3,250) 206 (19) 191 241 143 (420) 1,641 1,398
3,411 2,403 225 217 140 123 435 343 1,484 944
5,887 (847) 431 198 331 364 578 (77) 3,125 2,342
98 201 1(3) (3) (1) 11 38 (37) 85
$ 5,985 $ (646) $ 432 $ 195 $ 328 $363 $ 589 $ (39) $ 3,088 $ 2,427
89.43 113.83 95.56 100.70 70.62 49.08 96.17 112.17 83.68 85.56
Premiums, Deposits and
(in millions) GAAP Premiums Other Considerations(a) Revenues(b)
Years Ended December 31, 2006 2005(c) 2006 2005(c) 2006 2005(c)
Life Insurance & Retirement Services by Major Product
Domestic:
Life insurance $ 2,127 $ 2,041 $ 3,034 $ 3,135 $ 3,504 $ 3,393
Home service 790 801 957 956 1,420 1,406
Group life/health 995 1,079 999 1,085 1,208 1,280
Payout annuities(d) 1,582 1,473 2,465 2,172 2,586 2,385
Retirement services
Group retirement products 386 351 5,464 5,532 2,665 2,584
Individual fixed annuities 126 100 5,854 7,337 3,784 3,493
Individual variable annuities 531 467 4,266 3,319 733 684
Individual annuities—runoff(e) 63 72 174 200 966 1,118
Total domestic 6,600 6,384 23,213 23,736 16,866 16,343
Foreign:
Life insurance 15,718 15,631 24,122 21,331 21,602 20,439
Personal accident and health 5,518 5,002 5,606 5,050 5,803 5,257
Group products 2,226 1,925 3,506 3,120 2,874 2,538
Retirement services
Individual fixed annuities 400 361 6,998 10,833 2,427 2,089
Individual variable annuities 174 97 3,144 2,378 503 868
Total foreign 24,036 23,016 43,376 42,712 33,209 31,191
Total $30,636 $29,400 $ 66,589 $ 66,448 $50,075 $47,534
(a) Premiums, deposits and other considerations represent aggregate business activity presented on a non-GAAP basis.
(b) Excludes realized capital gains (losses).
(c) Data for 2005 has been reclassified to conform to the 2006 presentation.
(d) Includes structured settlements, single premium immediate annuities and terminal funding annuities.
(e) Primarily represents runoff annuity business sold through discontinued distribution relationships.
2006 General Insurance and
Life Insurance & Retirement Services Revenues
Total = $99.2billion
Foreign Life 33.4%
Domestic Brokerage Group 27.6%
Domestic Life 17.0%
Foreign General 12.1%
Personal Lines 4.9%
Transatlantic 4.1%
Mortgage Guaranty (UGC) 0.9%
* Represents the sum of General Insurance
netpremiums earned, Life Insurance &
Retirement Services GAAP premiums,
andnet investment income.
*
Net Investment Income
(billions of dollars)
General Insurance
Life Insurance
&Retirement
Services
’02 ’03 ’04 ’05 ’06
2.4
11.2
3.2
15.3
4.0
18.1
5.7
19.4
2.6
12.9
American International Group, Inc. and Subsidiaries