AIG 2010 Annual Report Download - page 22

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American International Group, Inc., and Subsidiaries
The following charts present the sources of AIG’s revenues for the years ended December 31, 2010 and 2009:
2010 2009
19%
19%
7%
49%
6%
26%
4%
9%
15%
46%
Chartis
SunAmerica Financial Group
Financial Services
Divested businesses
Other operations*
* Includes consolidation and eliminations, but excludes discontinued operations.
Additional information about AIG’s operations follows:
Chartis Operations
Chartis is a major global property and casualty insurance franchise built over 90 years and serving more than
45 million clients. Chartis wrote $31.6 billion in net premiums in 2010. Chartis is diversified both in terms of classes of
businesses and geographic locations. Chartis U.S. writes commercial and consumer products throughout the U.S. and
Canada. Chartis International writes commercial and consumer products outside the U.S. and Canada. For the year
ended December 31, 2010, Chartis U.S. and Chartis International comprised approximately 55 percent and 45 percent,
respectively, of the Chartis business, measured by net premiums written.
Chartis’ combination of global reach and scale, extensive range of products and services, diversified, multi-channel
distribution network and strong capital positions it to meet the demands of a broad range of customers worldwide.
Chartis is diversified both in terms of classes of business and geographic locations. During 2010, 6 percent and
5 percent of its direct premiums written (gross premiums less return premiums and cancellations, excluding insurance
assumed and before deducting reinsurance ceded) were written in the states of California and New York, respectively,
and 13 percent and 8 percent in Japan and the United Kingdom, respectively. No other state or foreign jurisdiction
accounted for more than five percent of such premiums.
The composition of Chartis net premiums written in 2010 is as follows:
NPW by Region. NPW by Line of Business
18%
54%
10%
18%
Growth Economies
Far East
Europe
U.S. and Canada
10% 28%
1%
17%
17%
27%
Accident & Health
Personal Lines
Casualty
Property
Specialty
Life
6 AIG 2010 Form 10-K