AIG 2015 Annual Report Download - page 2

AMERICAN INTERNATIONAL GROUP, INC.
ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 2015
TABLE OF CONTENTS
FORM 10-K
Item Number Description Page
PART I
Item 1. Business 3
• AIG’s Global Insurance Operations 4
• Commercial Insurance 10
• Consumer Insurance 14
• Corporate and Other 17
• Our Employees 18
• A Review of Liability for Unpaid Losses and Loss Adjustment Expenses 19
• Reinsurance Activities 21
• Regulation 22
• Available Information about AIG 31
Item 1A. Risk Factors 32
Item 1B. Unresolved Staff Comments 45
Item 2. Properties 45
Item 3. Legal Proceedings 46
Item 4. Mine Safety Disclosures 46
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases
of Equity Securities 47
Item 6. Selected Financial Data 51
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations 54
• Cautionary Statement Regarding Forward-Looking Information 54
• Use of Non-GAAP Measures 57
• Executive Overview 60
• Results of Operations 74
• Investments 112
• Insurance Reserves 130
• Liquidity and Capital Resources 154
• Enterprise Risk Management 170
• Critical Accounting Estimates 190
• Glossary 220
• Acronyms 223
Item 7A. Quantitative and Qualitative Disclosures about Market Risk 224
Item 8. Financial Statements and Supplementary Data 225
Index to Financial Statements and Schedules 225
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 348
Item 9A. Controls and Procedures 348
PART III
Item 10. Directors, Executive Officers and Corporate Governance 350
Item 11. Executive Compensation 350
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters 350
Item 13. Certain Relationships and Related Transactions, and Director Independence 350
Item 14. Principal Accounting Fees and Services 350
PART IV
Item 15. Exhibits, Financial Statement Schedules 350
SIGNATURES 351