EXHIBIT 23.1

                        CONSENT OF INDEPENDENT ACCOUNTANTS

     We hereby consent to the incorporation by reference in this Registration
Statement on Form S-3 of American International Group, Inc. of our report dated
February 7, 2001 relating to the consolidated financial statements and
financial statement schedules, which appears in American International Group,
Inc.'s Annual Report on Form 10-K for the year ended December 31, 2000, and of
our report dated August 29, 2001 relating to the supplemental financial
statements and financial statement schedules, which appears in American
International Group, Inc.'s Current Report on Form 8-K dated October 9, 2001.
We also consent to the references to us under the heading "Experts" in such
Registration Statement.

                                        /s/ PRICEWATERHOUSECOOPERS LLP
                                        ------------------------------
                                        PricewaterhouseCoopers LLP

New York, New York
November 6, 2001