AIG 2013 Annual Report Download - page 176

Other-than-temporary impairment charges by investment type and impairment type:
Impairment Type:
Severity
Change in intent
Foreign currency declines
Issuer-specific credit events
Adverse projected cash flows
Total
For the Year Ended December 31, 2012
Impairment Type:
Severity $ – $ – $ – $ – $ 44 $ 44
Change in intent 4 – – 34 24 62
Foreign currency declines – – – 8 – 8
Issuer-specific credit events 433 7 208 24 376 1,048
Adverse projected cash flows 5 – – – – 5
Total $ 442 $ 7 $ 208 $ 66 $ 444 $ 1,167
For the Year Ended December 31, 2011
Impairment Type:
Severity $ – $ – $ – $ – $ 51 $ 51
Change in intent – – – 7 5 12
Foreign currency declines – – – 32 – 32
Issuer-specific credit events 769 20 150 11 215 1,165
Adverse projected cash flows 20 – – – – 20
Total $ 789 $ 20 $ 150 $ 50 $ 271 $ 1,280
* Includes other-than-temporary impairment charges on private equity funds, hedge funds and direct private equity investments.
..................................................................................................................................................................................................................................
AIG 2013 Form 10-K158
ITEM 7 / INVESTMENTS
Other Fixed Equities/Other
(in millions) RMBS CDO/ABS CMBS Maturity Invested Assets* Total
For the Year Ended December 31, 2013
$ – $ – $ – $ – $ 6 $ 6
1–– 46 148
––– 1 –1
36 5 50 27 147 265
7–– – –7
$ 44 $ 5 $ 50 $ 74 $ 154 $ 327
..................................................................................................................................................................................