Exhibit 12

American International Group, Inc.

Computation of Ratios of Earnings to Fixed Charges

		Nine Months					Three Months
		Ended					Ended
		September 30,					September 30,
		2005			2004		2005			2004
(in millions, except ratios)		(Restated)								(Restated)
Income before income taxes, minority interest and cumulative effect of an accounting change		$	14,911		$	12,586	$	2,477		$	4,091
Less – Equity income of less than 50% owned persons			(115	)		93		(208	)		(13	)
Add – Dividends from less than 50% owned persons			143			18		17			8
			15,169			12,511		2,702			4,112
Add – Fixed charges			5,909			4,568		2,440			1,510
Less – Capitalized interest			45			42		15			15
Income before income taxes, minority interest, cumulative effect of an accounting change and fixed charges		$	21,033		$	17,037	$	5,127		$	5,607
Fixed charges:
	Interest costs	$	5,755		$	4,432	$	2,389		$	1,465
	Rental expense*		154			136		51			45
Total fixed charges		$	5,909		$	4,568	$	2,440		$	1,510
Ratio of earnings to fixed charges			3.56			3.73		2.10			3.71
Secondary Ratio
Interest credited to GIC and GIA policy and contract holders		$	3,739		$	2,816	$	1,677		$	900
Total fixed charges excluding interest credited to GIC and GIA policy and contract holders		$	2,170		$	1,752	$	763		$	610
Secondary ratio of earnings to fixed charges			7.97			8.12		4.52			7.72

* The proportion deemed representative of the interest factor.

The secondary ratio is disclosed for the convenience of fixed income investors and the rating agencies that serve them and is more comparable to the ratios disclosed by all issuers of fixed income securities. The secondary ratio removes interest credited to guaranteed investment contract (GIC) policyholders and guaranteed investment agreement (GIA) contractholders from total fixed charges. Such expenses are also removed from income before income taxes, minority interest, cumulative effect of an accounting change and fixed charges used in this calculation. GICs and GIAs are entered into by AIG’s insurance subsidiaries, principally SunAmerica Life Insurance Company and AIG Financial Products Corp. and its subsidiaries, respectively. The proceeds from GICs and GIAs are invested in a diversified portfolio of securities, primarily investment grade bonds. The assets acquired yield rates greater than the rates on the related policyholders obligation or agreement, with the intent of earning operating income from the spread.