Exhibit 21

SUBSIDIARIES OF REGISTRANT

							% of Voting
							Securities
							Owned by
						Jurisdiction of	its
						Incorporation	Immediate
						or Organization	Parent(2)
American International Group, Inc. (Registrant)(1)						Delaware		(3)
	AIG Aviation, Inc.					Georgia		100%
	AIG Bulgaria Insurance and Reinsurance Company EAD					Bulgaria		100%
	AIG Capital Corporation					Delaware		100%
		AIG Consumer Finance Group, Inc.				Delaware		100%
			AIG Bank Polska S.A			Poland		97.23%
			AIG Credit S.A			Poland		80%
			Compania Financiera Argentina S.A			Argentina		92.7%
		AIG Global Asset Management Holdings Corp.				Delaware		100%
			AIG Capital Partners, Inc.			Delaware		100%
			AIG Global Investment Corp.			New Jersey		100%
			John McStay Investment Counsel, L.P.			Texas		82.84%
		International Lease Finance Corporation				California		64.85%	(4)
	AIG Claim Services, Inc.					Delaware		100%
	AIG Credit Corp.					Delaware		100%
		A.I. Credit Corp.				New Hampshire		100%
		Imperial Premium Finance, Inc.				California		100%
		Imperial Premium Finance, Inc.				Delaware		100%
	AIG Equity Sales Corp.					New York		100%
	AIG Federal Savings Bank					Delaware		100%
	AIG Finance Holdings, Inc.					New York		100%
		AIG Finance (Hong Kong) Limited				Hong Kong		100%
	AIG Financial Advisor Services, Inc.					Delaware		100%
		AIG Financial Advisor Services (Europe), S.A.				Luxembourg		100%
	AIG Financial Products Corp.					Delaware		100%
		AIG Matched Funding Corp.				Delaware		100%
		Banque AIG				France		90%	(5)
	AIG Funding, Inc.					Delaware		100%
	AIG Global Real Estate Investment Corp.					Delaware		100%
	AIG Global Trade & Political Risk Insurance Company					New Jersey		100%
	A.I.G. Golden Insurance Ltd.					Israel		50.01%
	AIG Life Insurance Company					Delaware		79%	(6)
	AIG Life Insurance Company of Canada					Canada		100%
	AIG Life Insurance Company of Puerto Rico					Puerto Rico		100%
	AIG Marketing, Inc.					Delaware		100%
	AIG Memsa, Inc.					Delaware		100%
		Tata AIG General Insurance Company Limited				India		26%
	AIG Private Bank Ltd.					Switzerland		100%
	AIG Retirement Services, Inc.					Delaware		100%	(7)
		SunAmerica Life Insurance Company				Arizona		100%
			SunAmerica Investments, Inc.			Georgia		70%	(8)
				AIG Advisor Group, Inc.		Maryland		100%
					Advantage Capital Corporation	New York		100%
					FSC Securities Corporation	Delaware		100%
					Sentra Securities Corporation	California		100%
					Spelman & Co., Inc.	California		100%
					SunAmerica Securities, Inc.	Delaware		100%
			AIG SunAmerica Life Assurance Company			Arizona		100%	(9)
			Saamsun Holdings Corp.			Delaware		100%
				SAM Holdings Corporation		California		100%
					AIG SunAmerica Asset Management Corp.	Delaware		100%
					AIG SunAmerica Capital Services, Inc.	Delaware		100%
				Sun Royal Holdings Corporation		California		100%

FORM 10-K : II- 7

SUBSIDIARIES OF REGISTRANT (continued)

						% of Voting
						Securities
						Owned by
					Jurisdiction of	its
					Incorporation	Immediate
					or Organization	Parent(2)
				Royal Alliance Associates, Inc.	Delaware		100%
		First SunAmerica Life Insurance Company			New York		100%
AIG Risk Management, Inc.					New York		100%
AIG Technologies, Inc.					New Hampshire		100%
AIGTI, Inc.					Delaware		100%
AIG Trading Group Inc.					Delaware		100%
	AIG International, Inc.				Delaware		100%
AIU Insurance Company					New York		52%	(10)
AIU North America, Inc.					New York		100%
American General Corporation					Texas		100%
	American General Bancassurance Services, Inc.				Illinois		100%
	AGC Life Insurance Company				Missouri		100%
		AIG Assurance Canada			Canada		100%	(11)
		AIG Life of Bermuda, Ltd.			Bermuda		100%
		American General Life and Accident Insurance Company			Tennessee		100%
		American General Life Insurance Company			Texas		100%
			American General Annuity Service Corporation		Texas		100%
			AIG Enterprise Services, LLC		Delaware		100%
			American General Equity Services Corporation		Delaware		100%
			American General Life Companies, LLC		Delaware		100%
			The Variable Annuity Life Insurance Company		Texas		100%
				VALIC Retirement Services Company	Texas		100%
				VALIC Trust Company	Texas		100%
		American General Property Insurance Company			Tennessee		51.85%	(12)
			American General Property Insurance Company of Florida		Florida		100%
		AIG Annuity Insurance Company			Texas		100%
		The United States Life Insurance Company in the City of New York			New York		100%
	American General Finance, Inc.				Indiana		100%
		AGF Investment Corp.			Indiana		100%
		American General Auto Finance, Inc.			Delaware		100%
		American General Finance Corporation			Indiana		100%
			Crossroads Mortgage, Inc.		Tennessee		100%
			ENM, Inc.		Tennessee		100%
			MorEquity, Inc.		Nevada		100%
				Wilmington Finance, Inc.	Delaware		100%
			Merit Life Insurance Co.		Indiana		100%
			Yosemite Insurance Company		Indiana		100%
				CommoLoCo, Inc.	Puerto Rico		100%
		American General Financial Services of Alabama, Inc.			Alabama		100%
		HSA Residential Mortgage Services of Texas, Inc.			Delaware		100%
	American General Investment Management Corporation				Delaware		100%
	American General Realty Investment Corporation				Texas		100%
	American General Assurance Company				Illinois		100%
		American General Indemnity Company			Illinois		100%
		USLIFE Credit Life Insurance Company of Arizona			Arizona		100%
	Knickerbocker Corporation				Texas		100%

FORM 10-K : II- 8

SUBSIDIARIES OF REGISTRANT (continued)

					% of Voting
					Securities
					Owned by
				Jurisdiction of	its
				Incorporation	Immediate
				or Organization	Parent(2)
American Home Assurance Company				New York		100%
	AIG Hawaii Insurance Company, Inc.			Hawaii		100%
		American Pacific Insurance Company, Inc.		Hawaii		100%
	American International Insurance Company			New York		100%
		American International Insurance Company of California, Inc.		California		100%
		American International Insurance Company of New Jersey		New Jersey		100%
		Minnesota Insurance Company		Minnesota		100%
	American International Realty Corp.			Delaware		31.5%	(13)
	Pine Street Real Estate Holdings Corp.			New Hampshire		31.47%	(13)
	Transatlantic Holdings, Inc.			Delaware		33.61%	(14)
		Transatlantic Reinsurance Company		New York		100%
			Putnam Reinsurance Company	New York		100%
			Trans Re Zurich	Switzerland		100%
American International Insurance Company of Delaware				Delaware		100%
American International Life Assurance Company of New York				New York		77.52%	(15)
American International Reinsurance Company, Ltd.				Bermuda		100%
	AIG Edison Life Insurance Company			Japan		90%	(16)
	American International Assurance Company, Limited			Hong Kong		100%
		American International Assurance Company (Australia) Limited		Australia		100%
	American International Assurance Company (Bermuda) Limited			Bermuda		100%
		American International Assurance Co. (Vietnam) Limited		Vietnam		100%
		Tata AIG Life Insurance Company Limited		India		26%
	Nan Shan Life Insurance Company, Ltd.			Taiwan		95%
American International Underwriters Corporation				New York		100%
American International Underwriters Overseas, Ltd.				Bermuda		100%
	AIG Europe (Ireland) Limited			Ireland		100%
	AIG Europe (U.K.) Limited			England		100%
	AIG Brasil Companhia de Seguros			Brazil		50%
	Universal Insurance Co., Ltd.			Thailand		100%
	La Seguridad de Centroamerica, Compania de Seguros S.A.			Guatemala		100%
	American International Insurance Company of Puerto Rico			Puerto Rico		100%
	A.I.G. Colombia Seguros Generales S.A.			Colombia		100%
	American International Underwriters GmBH			Germany		100%
	Underwriters Adjustment Company, Inc.			Panama		100%
American Life Insurance Company				Delaware		100%
	AIG Life (Bulgaria) Z.D. A.D			Bulgaria		100%
	ALICO, S.A			France		100%
	American Life Insurance Company (Kenya) Limited			Kenya		66.67%
	Pharaonic American Life Insurance Company			Egypt		71.63%
AIG Life Insurance Company (Switzerland) Ltd.				Switzerland		100%
American Security Life Insurance Company, Ltd.				Lichtenstein		100%
Birmingham Fire Insurance Company of Pennsylvania				Pennsylvania		100%
China America Insurance Company, Ltd.				Delaware		50%
Commerce and Industry Insurance Company				New York		100%
Commerce and Industry Insurance Company of Canada				Ontario		100%
Delaware American Life Insurance Company				Delaware		100%
Hawaii Insurance Consultants, Ltd.				Hawaii		100%
HSB Group, Inc.				Delaware		100%
	The Hartford Steam Boiler Inspection and Insurance Company			Connecticut		100%
		The Allen Insurance Company, Ltd.		Bermuda		100%
		The Hartford Steam Boiler Inspection and Insurance Company of Connecticut		Connecticut		100%
		HSB Engineering Insurance Limited		England		100%
			The Boiler Inspection and Insurance Company of Canada	Canada		100%
The Insurance Company of the State of Pennsylvania				Pennsylvania		100%
Landmark Insurance Company				California		100%
Mt. Mansfield Company, Inc.				Vermont		100%

FORM 10-K : II- 9

SUBSIDIARIES OF REGISTRANT (continued)

						% of Voting
						Securities
						Owned by
					Jurisdiction of	its
					Incorporation	Immediate
					or Organization	Parent(2)
National Union Fire Insurance Company of Pittsburgh, Pa					Pennsylvania		100%
	American International Specialty Lines Insurance Company				Alaska		70%	(17)
	Lexington Insurance Company				Delaware		70%	(17)
		GE Property & Casualty Insurance Company			Pennsylvania		100%
			GE Casualty Insurance Company		Pennsylvania		100%
				GE Indemnity Insurance Company	Pennsylvania		100%
			GE Auto & Home Assurance Company		Pennsylvania		100%
			Bayside Casualty Insurance Company		New Jersey		100%
		JI Accident & Fire Insurance Co. Ltd.			Japan		50%
	National Union Fire Insurance Company of Louisiana				Louisiana		100%
	National Union Fire Insurance Company of Vermont				Vermont		100%
	21st Century Insurance Group				California		33.03%	(18)
		21st Century Insurance Company			California		100%
		21st Century Casualty Company			California		100%
		21st Century Insurance Company of Arizona			Arizona		100%
	Starr Excess Liability Insurance Company, Ltd.				Delaware		100%
		Starr Excess Liability Insurance International Ltd.			Ireland		100%
NHIG Holding Corp.					Delaware		100%
	Audubon Insurance Company				Louisiana		100%
		Audubon Indemnity Company			Mississippi		100%
		Agency Management Corporation			Louisiana		100%
			The Gulf Agency, Inc.		Alabama		100%
	New Hampshire Insurance Company				Pennsylvania		100%
		AIG Europe, S.A			France		(19)
		AI Network Corporation			Delaware		100%
		American International Pacific Insurance Company			Colorado		100%
		American International South Insurance Company			Pennsylvania		100%
		Granite State Insurance Company			Pennsylvania		100%
		New Hampshire Indemnity Company, Inc.			Pennsylvania		100%
		AIG National Insurance Company, Inc.			New York		100%
		Illinois National Insurance Co.			Illinois		100%
		New Hampshire Insurance Services, Inc.			New Hampshire		100%
	AIG Star Life Insurance Co., Ltd				Japan		100%
Pharaonic Insurance Company, S.A.E					Egypt		89.98%
The Philippine American Life and General Insurance Company					Philippines		99.78%
	Pacific Union Assurance Company				California		100%
	Philam Equitable Life Assurance Company, Inc.				Philippines		95.31%
	The Philippine American General Insurance Company, Inc.				Philippines		100%
		Philam Insurance Company, Inc.			Philippines		100%
Risk Specialist Companies, Inc.					Delaware		100%

FORM 10-K : II- 10

SUBSIDIARIES OF REGISTRANT (continued)

				% of Voting
				Securities
				Owned by
			Jurisdiction of	its
			Incorporation	Immediate
			or Organization	Parent(2)
United Guaranty Corporation			North Carolina		36.31%	(20)
	United Guaranty Insurance Company		North Carolina		100%
	United Guaranty Mortgage Insurance Company		North Carolina		100%
	United Guaranty Mortgage Insurance Company of North Carolina		North Carolina		100%
	United Guaranty Partners Insurance Company		Vermont		80%
	United Guaranty Residential Insurance Company of North Carolina		North Carolina		100%
	United Guaranty Residential Insurance Company		North Carolina		75.03%	(21)
		United Guaranty Commercial Insurance Company of North Carolina	North Carolina		100%
		United Guaranty Mortgage Indemnity Company	North Carolina		100%
		United Guaranty Credit Insurance Company	North Carolina		100%
	United Guaranty Services, Inc.		North Carolina		100%

(1)	All subsidiaries listed are consolidated in the accompanying financial statements. Certain subsidiaries have been omitted from the tabulation. The omitted subsidiaries, when considered in the aggregate as a single subsidiary, do not constitute a significant subsidiary.
(2)	Percentages include directors’ qualifying shares.
(3)	The common stock is owned approximately 11.9 percent by Starr International Company, Inc., 1.8 percent by C.V. Starr & Co., Inc. and 2.0 percent by The Starr Foundation.
(4)	Also owned 35.15 percent by National Union Fire Insurance Company of Pittsburgh, Pa.
(5)	Also owned 10 percent by AIG Matched Funding Corp.
(6)	Also owned 21 percent by Commerce and Industry Insurance Company.
(7)	Formerly known as AIG SunAmerica Inc.
(8)	Also owned 30 percent by AIG Retirement Services, Inc.
(9)	Formerly known as Anchor National Life Insurance Company.

(10)	Also owned 8 percent by The Insurance Company of the State of Pennsylvania, 32 percent by National Union Fire Insurance Company of Pittsburgh, Pa. and 8 percent by Birmingham Fire Insurance Company of Pennsylvania.
(11)	Indirect wholly-owned subsidiary.
(12)	Also owned 48.15 percent by American General Life and Accident Insurance Company.
(13)	Also owned by 11 other AIG subsidiaries.
(14)	Also owned 26.06 percent by AIG.
(15)	Also owned 22.48 percent by American Home Assurance Company.
(16)	Also owned 10 percent by a subsidiary of American Life Insurance Company.
(17)	Also owned 20 percent by The Insurance Company of the State of Pennsylvania and 10 percent by Birmingham Fire Insurance Company of Pennsylvania.
(18)	Also owned 16.85 percent by American Home Assurance Company, 6.34 percent by Commerce and Industry Insurance Company and 6.34 percent by New Hampshire Insurance Company.
(19)	100 percent to be held with other AIG companies.
(20)	Also owned 45.88 percent by National Union Fire Insurance Company of Pittsburgh, Pa., 16.95 percent by New Hampshire Insurance Company and 0.86 percent by The Insurance Company of the State of Pennsylvania.
(21)	Also owned 24.97 percent by United Guaranty Residential Insurance Company of North Carolina.

FORM 10-K : II- 11