AIG 2013 Annual Report Download - page 169

The following table presents AIG’s RMBS available for sale investments by year of vintage:
Total RMBS
2013 $–
2012 1,630
2011 7,545
2010 2,951
2009 378
2008 and prior*21,888
Total RMBS $ 34,392
Agency
2013 $–
2012 1,395
2011 5,498
2010 2,812
2009 321
2008 and prior 3,548
Total Agency $ 13,574
Alt-A
2010 53
2008 and prior 7,871
Total Alt-A $ 7,924
Subprime
2008 and prior $ 2,151
Total Subprime $ 2,151
Prime non-agency
2013 $–
2012 235
2011 2,047
2010 86
2009 58
2008 and prior 7,910
Total Prime non-agency $ 10,336
Total Other housing related $ 407
* Commencing in the second quarter of 2011, we began purchasing certain RMBS that had experienced deterioration in credit quality since their
origination. See Note 6 to the Consolidated Financial Statements, Investments — Purchased Credit Impaired (PCI) Securities, for additional
discussion. Includes approximately $11.3 billion and $8.8 billion at December 31, 2013 and 2012, respectively, of these securities.
Investments in RMBS
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AIG 2013 Form 10-K 151
ITEM 7 / INVESTMENTS
Fair Value at Fair Value at
December 31, December 31,
(in millions) 2013 2012
$ 2,371
2,375
5,736
1,843
198
23,625
$ 36,148
$ 2,259
2,164
3,860
1,797
157
1,979
$ 12,216
37
10,894
$ 10,931
$ 2,386
$ 2,386
$27
202
1,876
9
41
7,903
$ 10,058
$ 557
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