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American International Group, Incorporated (AIG)

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Robert B. Willumstad , Director/Chairman of the Board/CEO

www.aig.com

Industry: Finance

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Financials

Overview

A holding company, through its subsidiaries, is engaged in insurance and insurance related activities in the United States and abroad.

Portfolio Articles

Hank in the Middle
In A.I.G. shake-up and Lehman boost, Greenberg is a presence.
Jun 16 2008
A.I.Goodbye
Martin Sullivan bids a Father's Day farewell after allowing a costly mortgage misstep and letting Hank Greenberg mouth off.

Jun 15 2008
Pump and Dump
Now oil and inflation are scaring investors?
May 20 2008
Haunting G.E. and A.I.G.
The legacy of past C.E.O.'s burden the present.
May 15 2008
Buffett Gets "Spitzered"
His General Re chief quits amid reports of pressure from prosecutors.

Apr 14 2008

See more news on this company

News Feeds

Sector Wrap: Insurance stocks rise AP
Aug 27 2008
AIG makes 18 pct investment in MicroCred Nanchong AP
Aug 26 2008
AIG shares drop as Credit Suisse trims estimates AP
Aug 25 2008
Regions Financial shares fall with rest of markets AP
Aug 25 2008
Movers roundup: Healthways, AIG AP
Aug 25 2008
AIG at 13-year low as Credit Suisse forecasts loss Reuters
Aug 25 2008
AIG spent nearly $2.8M lobbying government in 2Q AP
Aug 25 2008
Fitch may downgrade AIG ratings AP
Aug 22 2008
American International Group shares rise AP
Aug 20 2008
Goldman Sachs analyst: Don't buy AIG AP
Aug 19 2008

Portfolio Blogs

Willumstad's Hard Choice
Aug 08 2008
And the Winner, er, Loser Is...
Aug 05 2008
Martin Sullivan, Minute by Minute
Jul 03 2008

Boards Keep Pay (Their Own) Under Control
Mar 19 2008
Damn the S.E.C.! Full Steam Ahead!
Nov 30 2007

Press Releases

AIG Activates Natural Disaster Hotline for Customers, Agents, Brokers to Report Claims Aug-29-2008, 01:34PM EDT
AIG Executive Vice President Nicholas C. Walsh to Present at the Keefe, Bruyette & Woods Insurance Conference on September 3, 2008 Aug-26-2008, 12:04PM EDT
AIG Announces Investment in MicroCred Nanchong Aug-26-2008, 10:00AM EDT
Seven Summits Research Releases Alerts on RIMM, AIG, NOK, HK, and ESRX Aug-26-2008, 09:31AM EDT
Fitch Lwrs CCN (Independence IV) LLC from 'F1' to 'F3'; Resolves Rtg Watch Aug-22-2008, 12:02PM EDT

News From Around the Web

News

Bracing for a Double Dip (Motley Fool)

Aug 29 2008
AIG Activates Natural Disaster Hotline for Customers, Agents, (MSN Money)

Aug 29 2008
Bonds cut on two AIG units (The Royal Gazette, Bermuda)

Aug 29 2008
Amica Tops Power's Auto Insurance Customer Satisfaction Rankings (Hartford Courant)

Aug 28 2008
AIG Gets Near-Term Boost (Yahoo! Finance)

Aug 28 2008
Credit concerns deflate stocks (Seacoast Online)

Aug 28 2008
Sector Wrap: Insurance stocks rise (Businessweek)

Aug 27 2008
SunAmerica Focused Alpha Large-Cap Fund Announces Declaration of (MSN Money)

Aug 27 2008
AIG, Banks Lead Market Tumble (New York Sun)

Aug 25 2008
Financials drag on market; Dow falls more than 240 (Businessweek)

Aug 25 2008

Blogs

AIG Falls as Analyst Predicts More Pain (DealBook)

Aug 25 2008
The Usual Suspects, AIG and Lehman, Falling (WSJ.com: MarketBeat Blog)

Aug 25 2008

Employees

Number of Employees: 116,000

Revenue per Employee: $1,147,396

Top Executives

Robert M. Sandler, Divisional Executive VP

William N. Dooley, Divisional Senior VP

Rodney O. Martin, Jr., Divisional Executive VP

Win J. Neuger, Executive VP/Other Executive Officer

Nicholas C. Walsh, Divisional Executive VP

Jay S. Wintrob, Divisional Executive VP

Brian T. Schreiber, Divisional Senior VP

Edmund S. W. Tse, Director/Other Corporate Officer

Anastasia D. Kelly, Executive VP/General Counsel/Other Corporate Officer

Andrew J. Kaslow, Other Executive Officer/Senior VP

Kristian P. Moor, Executive VP, Divisional

Robert E. Lewis, Chief Risk Officer/Senior VP

Steven J. Bensinger, CFO/Vice Chairman, Divisional

David L. Herzog, Senior VP/Controller

Board of Directors

Suzanne M. Nora Johnson, Director

Fred H. Langhammer, Director

Ellen V. Futter, Director

George L. Miles, Jr., Director

Marshall A. Cohen, Director

Frank G. Zarb, Director

James F. Orr, III, Director

Edmund S. W. Tse, Director/Other Corporate Officer

Micahel H. Sutton, Director

Dr.Martin S. Feldstein, Ph.D., Director

Morris W. Offit, Director

Virginia M. Rometty, Director

Dr. Jacob A. Frenkel, Divisional Vice Chairman

Steven J. Bensinger, CFO/Vice Chairman, Divisional

Frank G. Wisner, Divisional Vice Chairman

Stephen F. Bollenbach, Director

Financials

Quarterly

Annual

Income Statement	08/2008	05/2008	02/2008	11/2007
Sales	NA	NA	NA	NA
Gross Operating Profit	-8.76 Bil.	-11.26 Bil.	-8.44 Bil.	4.88 Bil.
Operating Income before D & A (EBITDA)	-8.76 Bil.	-11.26 Bil.	-8.44 Bil.	4.88 Bil.
Total Income Before Interest Expenses (EBIT)	-8.76 Bil.	-11.26 Bil.	-8.44 Bil.	4.88 Bil.
Total Net Income	-5.36 Bil.	-7.8 Bil.	-5.29 Bil.	3.08 Bil.
Basic EPS, Total	-2.06	-3.09	-2.03	1.2
Diluted EPS, Total	-2.06	-3.09	-2.01	1.19

BALANCE STATEMENT	08/2008	05/2008	02/2008	11/2007
Cash and Equivalents	NA	NA	NA	NA
Total Assets	NA	NA	NA	NA
Total Liabilities	NA	NA	NA	NA
Total Capitalization	NA	NA	NA	NA

Cash Flow	08/2008	05/2008	02/2008	11/2007
Net Cash From Continuing Operations	NA	NA	NA	NA
Net Cash From Investing Activities	-21.96 Bil.	3.53 Bil.	-68.01 Bil.	-65.93 Bil.
Net Cash From Financing Activities	5.27 Bil.	-11.68 Bil.	33.48 Bil.	39.52 Bil.
Net Change in Cash & Cash Equivalents	-55 Mil.	205 Mil.	694 Mil.	659 Mil.

Income Statement	2008	2007	2006	2005
Sales	NA	NA	NA	NA
Gross Operating Profit	8.94 Bil.	21.69 Bil.	15.21 Bil.	14.95 Bil.
Operating Income before D & A (EBITDA)	8.94 Bil.	21.69 Bil.	15.21 Bil.	14.95 Bil.
Total Income Before Interest Expenses (EBIT)	8.94 Bil.	21.69 Bil.	15.21 Bil.	14.95 Bil.
Total Net Income	6.2 Bil.	14.05 Bil.	10.48 Bil.	9.73 Bil.
Basic EPS, Total	2.4	5.39	4.03	3.73
Diluted EPS, Total	2.39	5.36	3.99	3.69

BALANCE STATEMENT	2008	2007	2006	2005
Cash and Equivalents	NA	NA	NA	NA
Total Assets	NA	NA	NA	NA
Total Liabilities	NA	NA	NA	NA
Total Capitalization	NA	NA	NA	NA

Cash Flow	2008	2007	2006	2005
Net Cash From Continuing Operations	NA	NA	NA	NA
Net Cash From Investing Activities	-68.01 Bil.	-67.04 Bil.	-57.32 Bil.	-80.49 Bil.
Net Cash From Financing Activities	33.48 Bil.	59.79 Bil.	33 Bil.	45.31 Bil.
Net Change in Cash & Cash Equivalents	694 Mil.	-307 Mil.	-112 Mil.	1.09 Bil.

American International Group, Incorporated (AIG)

Company Information

Overview

Employees

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Financials

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