AIG 2012 Annual Report Download - page 18

AMERICAN INTERNATIONAL GROUP, INC.
ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 2012
TABLE OF CONTENTS
Item 1. Business 2
• AIG’s Global Insurance Operations 3
• A Review of Liability for Unpaid Claims and Claims Adjustment Expense 20
• Reinsurance Activities 23
• Generating Revenues: Investment Activities of Our Insurance Operations 24
• Regulation 24
• Our Competitive Environment 29
• Our Employees 29
• Directors and Executive Officers of AIG 30
• Available Information about AIG 31
Item 1A. Risk Factors 32
Item 1B. Unresolved Staff Comments 44
Item 2. Properties 44
Item 3. Legal Proceedings 44
Item 4. Mine Safety Disclosures 44
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities 45
Item 6. Selected Financial Data 48
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations 52
• Cautionary Statement Regarding Forward-Looking Information 52
• Use of Non-GAAP Measures 54
• Executive Overview 56
• Results of Operations 68
• Liquidity and Capital Resources 120
• Regulation and Supervision 137
• Investments 138
• Enterprise Risk Management 155
• Critical Accounting Estimates 172
• Glossary 195
• Acronyms 199
Item 7A. Quantitative and Qualitative Disclosures about Market Risk 200
Item 8. Financial Statements and Supplementary Data 201
Index to Financial Statements and Schedules 201
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 344
Item 9A. Controls and Procedures 344
Item 10. Directors, Executive Officers and Corporate Governance 345
Item 11. Executive Compensation 345
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters 345
Item 13. Certain Relationships and Related Transactions, and Director Independence 345
Item 14. Principal Accounting Fees and Services 345
Item 15. Exhibits, Financial Statement Schedules 346
347
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AIG 2012 Form 10-K 1
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FORM 10-K
Item Number Description Page
PART I
PART II
PART III
PART IV
SIGNATURES