SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2017

Schedule of continuing operations by reportable segment

The following table presents AIG’s continuing operations by operating segment:

Three Months Ended June 30,	2017				2016
				Pre-Tax				Pre-Tax
		Total		Operating		Total		Operating
(in millions)		Revenues		Income (Loss)		Revenues		Income (Loss)
Commercial Insurance
Liability and Financial Lines	$	2,747	$	586	$	3,428	$	815
Property and Special Risks		1,786		130		2,116		126
Total Commercial Insurance		4,533		716		5,544		941
Consumer Insurance
Individual Retirement		1,383		558		1,509		505
Group Retirement		696		266		707		265
Life Insurance		1,030		106		988		26
Personal Insurance		2,871		330		2,928		152
Total Consumer Insurance		5,980		1,260		6,132		948
Other Operations		899		(302)		1,014		(162)
Legacy Portfolio		1,138		431		1,010		207
AIG Consolidation and elimination		(54)		28		(131)		(14)
Total AIG Consolidated revenues and pre-tax operating income		12,496		2,133		13,569		1,920
Reconciling Items from revenues and pre-tax operating income to
revenues and pre-tax income:
Changes in fair value of securities used to hedge guaranteed
living benefits		80		80		120		120
Changes in benefit reserves and DAC, VOBA and SIA related to
net realized capital gains		-		58		-		(64)
(Unfavorable) favorable prior year development and related amortization
changes ceded under retroactive reinsurance agreements		-		(251)		-		5
Gain (Loss) on extinguishment of debt		-		4		-		(7)
Net realized capital gains (losses)		(69)		(69)		1,042		1,042
Gain (loss) from divested businesses		-		(60)		-		225
Non-operating litigation reserves and settlements		6		80		7		7
Net loss reserve discount (benefit) charge		-		(260)		-		(300)
Pension expense related to a one-time lump sum payment to former employees		-		(1)		-		-
Restructuring and other costs		-		(47)		-		(90)
Other		(11)		-		(14)		-
Revenues and Pre-tax income	$	12,502	$	1,667	$	14,724	$	2,858

Six Months Ended June 30,	2017				2016
				Pre-Tax				Pre-Tax
		Total		Operating		Total		Operating
(in millions)		Revenues		Income (Loss)		Revenues		Income (Loss)
Commercial Insurance
Liability and Financial Lines	$	5,595	$	1,160	$	6,739	$	1,384
Property and Special Risks		3,621		405		4,103		219
Total Commercial Insurance		9,216		1,565		10,842		1,603
Consumer Insurance
Individual Retirement		2,756		1,097		3,002		807
Group Retirement		1,414		509		1,336		456
Life Insurance		2,043		160		1,941		27
Personal Insurance		5,709		542		5,744		362
Total Consumer Insurance		11,922		2,308		12,023		1,652
Other Operations		1,989		(548)		2,012		(401)
Legacy Portfolio		2,222		773		1,691		5
AIG Consolidation and elimination		(118)		76		(262)		6
Total AIG Consolidated revenues and pre-tax operating income		25,231		4,174		26,306		2,865

Reconciling Items from revenues and pre-tax operating income to
revenues and pre-tax income:
Changes in fair value of securities used to hedge guaranteed
living benefits		91		91		253		253
Changes in benefit reserves and DAC, VOBA and SIA related to
net realized capital gains		-		111		-		(24)
(Unfavorable) favorable prior year development and related amortization
changes ceded under retroactive reinsurance agreements		-		(265)		-		12
Gain (Loss) on extinguishment of debt		-		5		-		(90)
Net realized capital losses		(184)		(184)		(64)		(64)
Gain (loss) from divested businesses		-		(160)		-		223
Non-operating litigation reserves and settlements		16		86		41		38
Net loss reserve discount (benefit) charge		-		(235)		-		(291)
Pension expense related to a one-time lump sum payment to former employees		-		(1)		-		-
Restructuring and other costs		-		(228)		-		(278)
Other		(20)		-		(33)		-
Revenues and Pre-tax income	$	25,134	$	3,394	$	26,503	$	2,644