SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2019

SEGMENT INFORMATION

Schedule of continuing operations by operating segment

Three Months Ended June 30,	2019				2018
				Adjusted				Adjusted
		Total		Pre-tax		Total		Pre-tax
(in millions)		Revenues		Income (Loss)		Revenues		Income (Loss)
General Insurance
North America	$	4,025	$	718	$	3,426	$	407
International		3,502		262		3,801		161
Total General Insurance		7,527		980		7,227		568
Life and Retirement
Individual Retirement		1,466		588		1,366		462
Group Retirement		790		293		730		250
Life Insurance		1,154		86		1,092		175
Institutional Markets		418		82		277		75
Total Life and Retirement		3,828		1,049		3,465		962
Other Operations		211		(415)		169		(374)
Legacy Portfolio		740		119		781		134
AIG Consolidation and elimination		(146)		(56)		(110)		(12)
Total AIG Consolidated adjusted revenues and adjusted pre-tax income		12,160		1,677		11,532		1,278
Reconciling items from adjusted pre-tax income to pre-tax income:
Changes in fair value of securities used to hedge guaranteed
living benefits		84		75		(27)		(36)
Changes in benefit reserves and DAC, VOBA and SIA related to
net realized capital gains (losses)		-		(73)		-		1
Changes in the fair value of equity securities		(22)		(22)		-		-
Professional fees related to regulatory or accounting changes		-		(2)		-		-
Other income (expense) - net		4		-		(14)		-
Loss on extinguishment of debt		-		(15)		-		(5)
Net realized capital gains*		335		351		139		155
Income (loss) from divested businesses		-		(1)		-		25
Non-operating litigation reserves and settlements		-		-		1		(12)
Favorable prior year development and related amortization
changes ceded under retroactive reinsurance agreements		-		125		-		32
Net loss reserve discount benefit (charge)		-		(212)		-		14
Integration and transaction costs associated with acquired businesses		-		(6)		-		-
Restructuring and other costs		-		(60)		-		(200)
Revenues and Pre-tax income	$	12,561	$	1,837	$	11,631	$	1,252

Six Months Ended June 30,	2019				2018
				Adjusted				Adjusted
		Total		Pre-Tax		Total		Pre-Tax
(in millions)		Revenues		Income (Loss)		Revenues		Income (Loss)
General Insurance
North America	$	8,123	$	1,652	$	6,766	$	727
International		7,206		596		7,905		351
Total General Insurance		15,329		2,248		14,671		1,078
Life and Retirement
Individual Retirement		2,817		1,096		2,727		961
Group Retirement		1,499		525		1,491		532
Life Insurance		2,227		202		2,153		227
Institutional Markets		1,489		150		554		134
Total Life and Retirement		8,032		1,973		6,925		1,854
Other Operations		414		(802)		319		(716)
Legacy Portfolio		1,446		231		1,617		279
AIG Consolidation and elimination		(307)		(126)		(172)		(1)
Total AIG Consolidated adjusted revenues and adjusted pre-tax income		24,914		3,524		23,360		2,494
Reconciling items from adjusted pre-tax income to pre-tax income:
Changes in fair value of securities used to hedge guaranteed
living benefits		189		171		(104)		(113)
Changes in benefit reserves and DAC, VOBA and SIA related to
net realized capital gains (losses)		-		26		-		(30)
Changes in the fair value of equity securities		57		57		-		-
Professional fees related to regulatory or accounting changes		-		(2)		-		-
Other income (expense) - net		11		-		(25)		-
Loss on extinguishment of debt		-		(13)		-		(9)
Net realized capital gains (losses)*		(154)		(123)		110		136
Income from divested businesses		-		5		-		33
Non-operating litigation reserves and settlements		-		(1)		2		(25)
(Unfavorable) favorable prior year development and related amortization
changes ceded under retroactive reinsurance agreements		-		152		-		(2)
Net loss reserve discount benefit (charge)		-		(685)		-		219
Integration and transaction costs associated with acquired businesses		-		(13)		-		-
Restructuring and other costs		-		(107)		-		(224)
Revenues and Pre-tax income	$	25,017	$	2,991	$	23,343	$	2,479

*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.