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48 AIG 2007 Annual Report
Premiums, Deposits and Premiums and Other
(in millions) Other Considerations(a) Considerations Revenues(b)
Years Ended December 31, 2007 2006 2007 2006 2007 2006
Domestic Life Insurance & Retirement Services by Major Product
Life Insurance $3,281 $3,034 $2,352 $2,127 $ 3,880 $3,504
Home service 938 957 767 790 1,407 1,420
Group life/health 854 999 842 995 1,042 1,208
Payout annuities(c) 2,612 2,465 1,820 1,582 2,973 2,586
Individual fixed and run off annuities 420 641 55 49 529 603
Retirement Services
Group retirement products 7,531 6,825 446 386 2,726 2,665
Individual fixed annuities 5,085 5,331 96 122 3,760 3,703
Individual variable annuities 4,472 4,266 627 531 793 733
Individual annuities—run off(d) 53 56 21 18 408 444
Total $ 25,246 $ 24,574 $7,026 $ 6,600 $17,518 $16,866
(a) Premiums, deposits and other considerations represent aggregate business activity presented on a non-GAAP basis.
(b) Excludes net realized capital gains (losses).
(c) Includes structured settlements, single premium immediate annuities and terminal funding annuities.
(d) Primarily represents run off annuity business sold through discontinued distribution relationships.
SUPPLEMENTAL FINANCIAL INFORMATION
American International Group, Inc. and Subsidiaries
Life Insurance 40.5%
Payout Annuities 32.2%
Home Service 11.6%
Group Life/Health 10.5%
Individual Annuities—Run off 5.2%
Domestic Life Insurance—Premiums, Deposits and Other
Considerations by Major Product
Total = $8.1 billion
Group Retirement Products 43.9%
Individual Fixed Annuities 29.7%
Individual Variable Annuities 26.1%
Individual Annuities—Run off 0.3%
Domestic Retirement Services—Premiums, Deposits and Other
Considerations by Major Product
Total = $17.1 billion
Life Insurance & Retirement Services Operating Income*
(billions of dollars)
2003 2004 2005 2006 2007
3.0
3.6
5.2
6.1 6.4
4.5
6.6
9.1
10.0 10.6
7.9
3.4
3.9
3.9 4.2
Domestic
Foreign
* Excludes net realized capital gains (losses).
Life Insurance & Retirement Services
(billions of dollars)
2003 2004 2005 2006 2007
57.6
23.6 29.5 30.8 33.6
28.2
73.1 75.7 81.0
92.7
(a) Represents aggregate business activity presented on a non-GAAP basis.
(b) Includes GAAP premiums and other Life Insurance revenue.
Premiums, Deposits
and Other
Considerations
Premiums and Other
Considerations
(a)
(b)