SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2014

SEGMENT INFORMATION

SEGMENT INFORMATION

3. SEGMENT INFORMATION

We report the results of our operations consistent with the manner in which our chief operating decision makers review the business to assess performance and to allocate resources through two reportable segments: AIG Property Casualty and AIG Life and Retirement. We evaluate performance based on revenues and pre-tax income (loss), excluding results from discontinued operations, because we believe this provides more meaningful information on how our operations are performing.

The following tables present our operations by reportable segment:

		2014				2013
Three Months Ended June 30,				Pre-tax Income (Loss)				Pre-tax Income (Loss)
(in millions)		Total Revenues		from continuing operations		Total Revenues		from continuing operations
AIG Property Casualty
Commercial Insurance	$	5,889	$	863	$	5,696	$	535
Consumer Insurance		3,342		157		3,347		91
Other		719		470		758		579
Total AIG Property Casualty		9,950		1,490		9,801		1,205
AIG Life and Retirement
Retail		2,972		738		3,439		1,177
Institutional		1,598		511		2,609		542
Total AIG Life and Retirement		4,570		1,249		6,048		1,719
Other Operations
Mortgage Guaranty		260		211		243		75
Global Capital Markets		286		245		232		175
Direct Investment book		365		272		815		720
Corporate & Other		411		956		445		(738)
Aircraft Leasing		489		-		1,111		18
Consolidation and elimination		(7)		1		(10)		1
Total Other Operations		1,804		1,685		2,836		251
AIG Consolidation and elimination		(219)		56		(259)		(10)
Total AIG Consolidated	$	16,105	$	4,480	$	18,426	$	3,165
		2014				2013
Six Months Ended June 30,				Pre-tax Income (Loss)				Pre-tax Income (Loss)
(in millions)		Total Revenues		from continuing operations		Total Revenues		from continuing operations
AIG Property Casualty
Commercial Insurance	$	11,531	$	1,576	$	11,469	$	1,576
Consumer Insurance		6,600		184		6,853		244
Other		1,485		1,039		1,447		999
Total AIG Property Casualty		19,616		2,799		19,769		2,819
AIG Life and Retirement
Retail		5,738		1,403		6,442		2,173
Institutional		3,183		1,078		4,346		1,116
Total AIG Life and Retirement		8,921		2,481		10,788		3,289
Other Operations
Mortgage Guaranty		509		288		474		119
Global Capital Markets		345		274		505		402
Direct Investment book		830		627		1,226		1,032
Corporate & Other		793		132		906		(1,746)
Aircraft Leasing		1,602		17		2,185		61
Consolidation and elimination		(15)		2		(19)		2
Total Other Operations		4,064		1,340		5,277		(130)
AIG Consolidation and elimination		(384)		133		(446)		62
Total AIG Consolidated	$	32,217	$	6,753	$	35,388	$	6,040