Exhibit 12

American International Group, Inc.

Computation of Ratios of Earnings to Fixed Charges

		Three Months						Nine Months
		Ended						Ended
		September 30,						September 30,
(in millions, except ratios)		2007			2006			2007			2006
Income before income taxes, minority interest and cumulative effect of an accounting change		$	4,879		$	6,301		$	17,379		$	16,335
Less – Equity income of less than 50% owned persons			39			44			130			174
Add – Dividends from less than 50% owned persons			3			8			28			26
			4,843			6,265			17,277			16,187
Add – Fixed charges			3,153			2,306			8,267			6,302
Less – Capitalized interest			8			14			28			43
Income before income taxes, minority interest, cumulative effect of an accounting change and fixed charges		$	7,988		$	8,557		$	25,516		$	22,446
Fixed charges:
	Interest costs	$	3,093		$	2,254		$	8,086		$	6,145
	Rental expense*		60			52			181			157
Total fixed charges		$	3,153		$	2,306		$	8,267		$	6,302
Ratio of earnings to fixed charges			2.53			3.71			3.09			3.56
Secondary Ratio
Interest credited to GIC and GIA policy and contract holders		$	(1,949	)	$	(1,266	)	$	(4,796	)	$	(3,453	)
Total fixed charges excluding interest credited to GIC and GIA policy and contract holders		$	1,204		$	1,040		$	3,471		$	2,849
Secondary ratio of earnings to fixed charges			5.02			7.01			5.97			6.67

* 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. Such interest expenses are also removed from income before income taxes, minority interest and cumulative effect of an accounting change used in this calculation. GICs and GIAs are entered into by AIG’s insurance subsidiaries, principally Sun America 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.