AIG 2013 Annual Report Download - page 31

Retail Product Lines Institutional Product Lines
Life Insurance and A&H: Primary products include Group Retirement: Products are marketed under The
term life insurance, universal life insurance and A&H Variable Annuity Life Insurance Company (VALIC)
products. Life insurance and A&H products are brand and include fixed and variable group annuities,
primarily distributed through independent marketing group mutual funds, and group administrative and
organizations, independent insurance agents and compliance services. VALIC career financial advisors
career agents and financial advisors. AIG Direct is a and independent financial advisors provide retirement
proprietary direct-to-consumer distributor of term life plan participants with enrollment support and
insurance and A&H products. The Life Insurance and comprehensive financial planning services.
A&H product line will continue to focus on innovative Group Benefits: AIG Benefit Solutions markets a wide
product development and delivering differentiated life range of insurance and other benefit products through
insurance solutions to producers and customers. employer offerings (both employer-paid and voluntary)
Fixed Annuities: Products include single and flexible and affinity groups. Primary product offerings include
premium deferred fixed annuities and single premium life insurance, accidental death, business travel
immediate and delayed-income annuities. The Fixed accident, disability income, medical excess (stop loss)
Annuities business line maintains its industry-leading and worksite universal life and critical illness and
position in the bank distribution channel by designing accident coverage.
products collaboratively with banks and offering an Institutional Markets: Products primarily include
efficient and flexible administration platform. stable value wrap products, structured settlement and
Retirement Income Solutions: Primary products terminal funding annuities, high net worth products,
include variable and fixed index annuities that provide corporate- and bank-owned life insurance and GICs.
asset accumulation and lifetime income benefits. These products are marketed primarily through
Variable annuities are distributed through banks and specialized marketing and consulting firms and
national, regional and independent broker-dealer firms. structured settlement brokers. Institutional Markets has
Fixed index annuities are distributed through banks, a disciplined and opportunistic approach to growth in
broker dealers, independent marketing organizations these product lines.
and career and independent insurance agents.
Brokerage Services: Includes the operations of
Advisor Group, which is one of the largest networks of
independent financial advisors in the U.S. Brands
include Royal Alliance, SagePoint Financial, FSC
Securities and Woodbury Financial.
Retail Mutual Funds: Includes our mutual fund and
related administration and servicing operations.
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AIG 2013 Form 10-K 13
ITEM 1 / BUSINESS / AIG LIFE AND RETIREMENT
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