SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2016

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

15.SUBSEQUENT EVENTS

Dividends Declared

On May 2, 2016, our Board of Directors declared a cash dividend on AIG Common Stock of $0.32 per share, payable on June 27, 2016 to shareholders of record on June 13, 2016.

Sale of PICC P&C Shares

On May 2, 2016, we announced the pricing of the sale of 740 million ordinary H shares of PICC P&C by means of a placing to institutional investors.  Upon the closing of the placing, which is scheduled for May 5, 2016, and is subject to customary closing conditions, we anticipate receiving gross proceeds of approximately $1.25 billion and recognizing a pre-tax realized capital gain of approximately $0.9 billion.