XML 132 R59.htm IDEA: XBRL DOCUMENT v3.8.0.1
STATUTORY FINANCIAL DATA AND RESTRICTIONS (Tables)
12 Months Ended
Dec. 31, 2017
STATUTORY FINANCIAL DATA AND RESTRICTIONS  
Schedule of statutory capital and surplus and net income (loss) for AIG property casualty and AIG life and retirement operations in accordance with statutory accounting practices
(in millions)201720162015
Years Ended December 31,
Statutory net income (loss)(a)(b)(c):
General Insurance companies:
Domestic(c)$(622)$260$1,444
Foreign(333)(1,326)594
Total General Insurance companies$(955)$(1,066)$2,038
Life and Retirement companies:
Domestic$932$2,252$2,200
Foreign2147(5)
Total Life and Retirement companies$953$2,299$2,195
At December 31,
Statutory capital and surplus(a)(b)(c):
General Insurance companies:
Domestic(c)$21,514$21,665
Foreign11,69512,587
Total General Insurance companies$33,209$34,252
Life and Retirement companies:
Domestic$11,872$12,314
Foreign446490
Total Life and Retirement companies$12,318$12,804
Aggregate minimum required statutory capital and surplus:
General Insurance companies:
Domestic$5,307$5,183
Foreign6,1667,257
Total General Insurance companies$11,473$12,440
Life and Retirement companies:
Domestic$3,148$3,088
Foreign121234
Total Life and Retirement companies$3,269$3,322

(a) Excludes discontinued operations and other divested businesses. Statutory capital and surplus and net income (loss) with respect to foreign operations are as of November 30.

(b) In aggregate, the 2016 General Insurance companies and Life and Retirement companies statutory net income increased by $479 million and the 2016 General Insurance companies and Life and Retirement companies statutory capital and surplus decreased by $305 million, compared to the amounts previously reported in our Annual Report on Form 10-K for the year ended December 31, 2016, due to finalization of statutory filings.

(c) General Insurance companies recognized $200 million of capital contributions from AIG Parent in their statutory financial statements as of December 31, 2016 related to the reserve strengthening in the fourth quarter. This capital contribution was received in February 2017.