AIG 2015 Annual Report Download - page 127

ITEM 7 / INVESTMENTS
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127
The following tables present other-than-temporary impairment charges recorded in earnings on fixed maturity
securities, equity securities, private equity funds and hedge funds.
Other-than-temporary impairment charges by reportable segment and impairment type:
Non-Life Life Corporate
Insurance Insurance and Other
(in millions) Companies Companies Operations Total
For the Year Ended December 31, 2015
Impairment Type:
Severity $13 $- $ - $ 13
Change in intent 7145 81 233
Foreign currency declines 33 24 -57
Issuer-specific credit events 178 168 2348
Adverse projected cash flows 713 -20
Tot al $238 $350 $ 83 $671
For the Year Ended December 31, 2014
Impairment Type:
Severity $ 3 $ - $ - $ 3
Change in intent 8 32 - 40
Foreign currency declines 9 10 - 19
Issuer-specific credit events 60 109 - 169
Adverse projected cash flows 5 11 - 16
Total $ 85 $ 162 $ - $ 247
For the Year Ended December 31, 2013
Impairment Type:
Severity $ 6 $ - $ - $ 6
Change in intent 1 45 2 48
Foreign currency declines 1 - - 1
Issuer-specific credit events 43 127 - 170
Adverse projected cash flows 1 6 - 7
Total $ 52 $ 178 $ 2 $ 232
Other-than-temporary impairment charges by investment type and impairment type:
Other Fixed Equities/Other
(in millions) RMBS CDO/ABS CMBS Maturity Invested Assets*To tal
For the Year Ended December 31, 2015
Impairment Type:
Severity $ - $ - $ - $ - $13 $13
Change in intent 3 - 14 131 85 233
Foreign currency declines - - - 57 -57
Issuer-specific credit events 79 3 8 110 148 348
Adverse projected cash flows 20 - - - -20
Tot al $102 $ 3 $ 22 $ 298 $246 $671