AIG 2007 Annual Report Download - page 48

46 AIG 2007 Annual Report
(in millions, except ratios) Consolidated(a)
Years Ended December 31, 2007 2006
General Insurance Operating Results
Gross premiums written $ 58,798 $56,280
Net premiums written 47,067 44,866
Net premiums earned 45,682 43,451
Underwriting profit (loss) 4,500 4,657
Net investment income 6,132 5,696
Operating income (loss) before net realized capital gains (losses) 10,632 10,353
Net realized capital gains (losses) (106) 59
Operating income (loss) $ 10,526 $ 10,412
Combined ratio 90.33 89.06
(a) Consolidated column may not equal the sum of individual group totals due to consolidating adjustments.
2007 2006
Net Percent Net Percent
(in millions) Premiums of Premiums of
Years Ended December 31, Written Total Written Total
General Insurance Net Premiums Written
Domestic Brokerage Group $ 24,112 51.3% $ 24,312 54.2%
Foreign General 13,051 27.7 11,401 25.4
Domestic Personal Lines 4,808 10.2 4,654 10.4
Transatlantic 3,953 8.4 3,633 8.1
Mortgage Guaranty (UGC) 1,143 2.4 866 1.9
Total $ 47,067 100.0% $ 44,866 100.0%
SUPPLEMENTAL FINANCIAL INFORMATION
American International Group, Inc. and Subsidiaries
Domestic Brokerage Group 51.3%
Foreign General 27.7%
Personal Lines 10.2%
Transatlantic 8.4%
Mortgage Guaranty 2.4%
General Insurance Net Premiums Written
Total = $47.1 billion
General Insurance Premiums Written
(billions of dollars)
2003 2004 2005 2006 2007
35.0
46.9
52.7 56.3 58.8
52.0
40.6 41.9 44.9 47.1
Gross
Premiums
Written
Net
Premiums
Written