SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2019

Schedule of continuing operations by operating segment

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

Three Months Ended March 31,	2019				2018
				Adjusted				Adjusted
		Total		Pre-tax		Total		Pre-tax
(in millions)		Revenues		Income (Loss)		Revenues		Income (Loss)
General Insurance
North America	$	4,098	$	934	$	3,340	$	320
International		3,704		334		4,104		190
Total General Insurance		7,802		1,268		7,444		510
Life and Retirement
Individual Retirement		1,351		508		1,361		499
Group Retirement		709		232		761		282
Life Insurance		1,073		116		1,061		52
Institutional Markets		1,071		68		277		59
Total Life and Retirement		4,204		924		3,460		892
Other Operations		203		(387)		150		(342)
Legacy Portfolio		706		112		836		145
AIG Consolidation and elimination		(161)		(70)		(62)		11
Total AIG Consolidated adjusted revenues and adjusted pre-tax income		12,754		1,847		11,828		1,216
Reconciling Items from adjusted pre-tax income to pre-tax income:
Changes in fair value of securities used to hedge guaranteed
living benefits		105		96		(77)		(77)
Changes in benefit reserves and DAC, VOBA and SIA related to
net realized capital gains		-		99		-		(31)
Changes in the fair value of equity securities		79		79		-		-
Other income (expense) - net		7		-		(11)		-
Gain (Loss) on extinguishment of debt		-		2		-		(4)
Net realized capital losses^*		(489)		(474)		(29)		(19)
Income (loss) from divested businesses		-		6		-		8
Non-operating litigation reserves and settlements		-		(1)		1		(13)
(Unfavorable) favorable prior year development and related amortization
changes ceded under retroactive reinsurance agreements		-		27		-		(34)
Net loss reserve discount benefit (charge)		-		(473)		-		205
Integration and transaction costs associated with acquired businesses		-		(7)		-		-
Restructuring and other costs		-		(47)		-		(24)
Revenues and Pre-tax income	$	12,456	$	1,154	$	11,712	$	1,227

* Includes all net realized capital gains and losses except earned income (periodic settlements and changes in settlement accruals) on derivative instruments used for non-qualifying (economic) hedging or for asset replication.