Exhibit 21

SUBSIDIARIES OF REGISTRANT

				Percentage
				of Voting
				Securities
		Jurisdiction of		Owned by its
		Incorporation		Immediate
		or Organization		Parent(2)
American International Group, Inc. (Registrant)(1)			Delaware			(3)
	AIG Aviation, Inc.		Georgia		100
	AIG Bulgaria Insurance and Reinsurance Company EAD		Bulgaria		100
	AIG Capital Corporation		Delaware		100
	AIG Consumer Finance Group, Inc.		Delaware		100
	AIG Bank Polska S.A.		Poland		97.23
	AIG Credit S.A.		Poland		80
	Compania Financiera Argentina S.A.		Argentina		92.7
	AIG Finance Holdings, Inc.		New York		100
	AIG Finance (Hong Kong) Limited		Hong Kong		100
	AIG Global Asset Management Holdings Corp.		Delaware		100
	AIG Asset Management Services, Inc.		Delaware		100
	Brazos Capital Management, L.P.		Delaware		92
	AIG Capital Partners, Inc.		Delaware		100
	AIG Equity Sales Corp.		New York		100
	AIG Global Investment Corp.		New Jersey		100
	International Lease Finance Corporation		California		64.85	(4)
	AIG Global Real Estate Investment Corp.		Delaware		100
	AIG Credit Corp.		Delaware		100
	A.I. Credit Corp.		New Hampshire		100
	Imperial Premium Finance, Inc.		California		100
	Imperial Premium Finance, Inc.		Delaware		100
	AIG Egypt Insurance Company, S.A.E.		Egypt		89.98
	AIG Federal Savings Bank		Delaware		100
	AIG Financial Advisor Services, Inc.		Delaware		100
	AIG Financial Advisor Services (Europe), S.A.		Luxembourg		100
	AIG Financial Products Corp.		Delaware		100
	AIG Matched Funding Corp.		Delaware		100
	Banque AIG		France		90	(5)
	AIG Funding, Inc.		Delaware		100
	AIG Global Trade & Political Risk Insurance Company		New Jersey		100
	A.I.G. Golden Insurance Ltd.		Israel		50.01
	AIG Life Insurance Company		Delaware		79	(6)
	AIG Life Insurance Company of Canada		Canada		100
	AIG Life Insurance Company of Puerto Rico		Puerto Rico		100
	AIG Liquidity Corp.		Delaware		100
	AIG Marketing, Inc.		Delaware		100
	AIG Memsa, Inc.		Delaware		100	(7)
	Tata AIG General Insurance Company Limited		India		26
	AIG Private Bank Ltd.		Switzerland		100
	AIG Retirement Services, Inc.		Delaware		100	(8)
	SunAmerica Life Insurance Company		Arizona		100
	SunAmerica Investments, Inc.		Georgia		70	(9)
	AIG Advisor Group, Inc.		Maryland		100
	Advantage Capital Corporation		New York		100
	FSC Securities Corporation		Delaware		100
	Royal Alliance Associates, Inc.		Delaware		100
	Sentra Securities Corporation		California		100
	Spelman & Co., Inc.		California		100
	SunAmerica Securities, Inc.		Delaware		100
	AIG SunAmerica Life Assurance Company		Arizona		100	(10)
	AIG SunAmerica Asset Management Corp.		Delaware		100
	AIG SunAmerica Capital Services, Inc.		Delaware		100
	First SunAmerica Life Insurance Company		New York		100
	AIG Risk Management, Inc.		New York		100
	AIG Technologies, Inc.		New Hampshire		100

220 : FORM 10-K

SUBSIDIARIES OF REGISTRANT (continued)

			Percentage
			of Voting
			Securities
	Jurisdiction of		Owned by its
	Incorporation		Immediate
	or Organization		Parent(2)
AIGTI, Inc.		Delaware		100
AIG Trading Group Inc.		Delaware		100
AIG International, Inc.		Delaware		100
AIU Insurance Company		New York		52	(11)
AIU North America, Inc.		New York		100
American General Corporation		Texas		100
American General Bancassurance Services, Inc.		Illinois		100
AGC Life Insurance Company		Missouri		100
AIG Assurance Canada		Canada		100	(7)
AIG Life of Bermuda, Ltd.		Bermuda		100
American General Life and Accident Insurance Company		Tennessee		100
American General Life Insurance Company		Texas		100
American General Annuity Service Corporation		Texas		100
AIG Enterprise Services, LLC		Delaware		100
American General Equity Services Corporation		Delaware		100
American General Life Companies, LLC		Delaware		100
The Variable Annuity Life Insurance Company		Texas		100
VALIC Retirement Services Company		Texas		100
VALIC Trust Company		Texas		100
American General Property Insurance Company		Tennessee		51.85	(12)
American General Property Insurance Company of Florida		Florida		100
AIG Annuity Insurance Company		Texas		100
The United States Life Insurance Company in the City of New York		New York		100
American General Finance, Inc.		Indiana		100
American General Auto Finance, Inc.		Delaware		100
American General Finance Corporation		Indiana		100
MorEquity, Inc.		Nevada		100
Wilmington Finance, Inc.		Delaware		100
Merit Life Insurance Co.		Indiana		100
Yosemite Insurance Company		Indiana		100
CommoLoCo, Inc.		Puerto Rico		100
American General Financial Services of Alabama, Inc.		Alabama		100
American General Investment Management Corporation		Delaware		100
American General Realty Investment Corporation		Texas		100
American General Assurance Company		Illinois		100
American General Indemnity Company		Illinois		100
USLIFE Credit Life Insurance Company of Arizona		Arizona		100
Knickerbocker Corporation		Texas		100
American Home Assurance Company		New York		100
AIG Domestic Claims, Inc.		Delaware		50	(13)
AIG Hawaii Insurance Company, Inc.		Hawaii		100
American Pacific Insurance Company, Inc.		Hawaii		100
American International Insurance Company		New York		100
American International Insurance Company of California, Inc.		California		100
American International Insurance Company of New Jersey		New Jersey		100
Minnesota Insurance Company		Minnesota		100
American International Realty Corp.		Delaware		31.5	(14)
Pine Street Real Estate Holdings Corp.		New Hampshire		31.47	(14)
Transatlantic Holdings, Inc.		Delaware		33.45	(15)
Transatlantic Reinsurance Company		New York		100
Putnam Reinsurance Company		New York		100
Trans Re Zurich		Switzerland		100
American International Insurance Company of Delaware		Delaware		100
American International Life Assurance Company of New York		New York		77.52	(16)

FORM 10-K :  221

SUBSIDIARIES OF REGISTRANT (continued)

			Percentage
			of Voting
			Securities
	Jurisdiction of		Owned by its
	Incorporation		Immediate
	or Organization		Parent(2)
American International Reinsurance Company, Ltd.		Bermuda		100
AIG Edison Life Insurance Company		Japan		90	(17)
American International Assurance Company, Limited		Hong Kong		100
American International Assurance Company (Australia) Limited		Australia		100
American International Assurance Company (Bermuda) Limited		Bermuda		100
American International Assurance Co. (Vietnam) Limited		Vietnam		100
Tata AIG Life Insurance Company Limited		India		26
Nan Shan Life Insurance Company, Ltd.		Taiwan		95
American International Underwriters Corporation		New York		100
American International Underwriters Overseas, Ltd.		Bermuda		100
AIG Europe (Ireland) Limited		Ireland		100
AIG Europe (U.K.) Limited		England		100
AIG Brasil Companhia de Seguros		Brazil		50
Universal Insurance Co., Ltd.		Thailand		100
La Seguridad de Centroamerica, Compania de Seguros S.A.		Guatemala		100
La Meridional Compania Argentina de Seguros		Argentina		100
American International Insurance Company of Puerto Rico		Puerto Rico		100
A.I.G. Colombia Seguros Generales S.A.		Colombia		100
American International Underwriters GmBH		Germany		100
Underwriters Adjustment Company, Inc.		Panama		100
American Life Insurance Company		Delaware		100
AIG Life (Bulgaria) Z.D. A.D		Bulgaria		100
ALICO, S.A		France		100
First American Polish Life Insurance and Reinsurance Company, S.A.		Poland		100
Inversiones Interamericana S.A. (Chile)		Chile		100
Pharaonic American Life Insurance Company		Egypt		71.63
Unibanco AIG Seguros S.A.		Brazil		47.81	(18)
AIG Life Insurance Company (Switzerland) Ltd.		Switzerland		100
American Security Life Insurance Company, Ltd.		Lichtenstein		100
Birmingham Fire Insurance Company of Pennsylvania		Pennsylvania		100
China America Insurance Company, Ltd.		Delaware		50
Commerce and Industry Insurance Company		New York		100
Commerce and Industry Insurance Company of Canada		Ontario		100
Delaware American Life Insurance Company		Delaware		100
Hawaii Insurance Consultants, Ltd.		Hawaii		100
HSB Group, Inc.		Delaware		100
The Hartford Steam Boiler Inspection and Insurance Company		Connecticut		100
The Hartford Steam Boiler Inspection and Insurance Company of Connecticut		Connecticut		100
HSB Engineering Insurance Limited		England		100
The Boiler Inspection and Insurance Company of Canada		Canada		100
The Insurance Company of the State of Pennsylvania		Pennsylvania		100
Landmark Insurance Company		California		100
Mt. Mansfield Company, Inc.		Vermont		100

222 : FORM 10-K

SUBSIDIARIES OF REGISTRANT (continued)

			Percentage
			of Voting
			Securities
	Jurisdiction of		Owned by its
	Incorporation		Immediate
	or Organization		Parent(2)
National Union Fire Insurance Company of Pittsburgh, Pa.		Pennsylvania		100
American International Specialty Lines Insurance Company		Alaska		70	(19)
Lexington Insurance Company		Delaware		70	(19)
AIG Centennial Insurance Company		Pennsylvania		100
AIG Premier Insurance Company		Pennsylvania		100
AIG Indemnity Insurance Company		Pennsylvania		100
AIG Preferred Insurance Company		Pennsylvania		100
AIG Auto Insurance Company of New Jersey		New Jersey		100
JI Accident & Fire Insurance Co. Ltd.		Japan		50
National Union Fire Insurance Company of Louisiana		Louisiana		100
National Union Fire Insurance Company of Vermont		Vermont		100
21st Century Insurance Group		California		33.03	(20)
21st Century Insurance Company		California		100
21st Century Casualty Company		California		100
21st Century Insurance Company of the Southwest		Texas		100
Starr Excess Liability Insurance Company, Ltd.		Delaware		100
Starr Excess Liability Insurance International Ltd.		Ireland		100
NHIG Holding Corp.		Delaware		100
Audubon Insurance Company		Louisiana		100
Audubon Indemnity Company		Mississippi		100
Agency Management Corporation		Louisiana		100
The Gulf Agency, Inc.		Alabama		100
New Hampshire Insurance Company		Pennsylvania		100
AIG Europe, S.A.		France		(21)
AI Network Corporation		Delaware		100
American International Pacific Insurance Company		Colorado		100
American International South Insurance Company		Pennsylvania		100
Granite State Insurance Company		Pennsylvania		100
New Hampshire Indemnity Company, Inc.		Pennsylvania		100
AIG National Insurance Company, Inc.		New York		100
Illinois National Insurance Co.		Illinois		100
New Hampshire Insurance Services, Inc.		New Hampshire		100
AIG Star Life Insurance Co., Ltd		Japan		100
The Philippine American Life and General Insurance Company		Philippines		99.78
Pacific Union Assurance Company		California		100
Philam Equitable Life Assurance Company, Inc.		Philippines		95.31
Philam Insurance Company, Inc.		Philippines		100
Risk Specialist Companies, Inc.		Delaware		100
United Guaranty Corporation		North Carolina		36.31	(22)
United Guaranty Insurance Company		North Carolina		100
United Guaranty Mortgage Insurance Company		North Carolina		100
United Guaranty Mortgage Insurance Company of North Carolina		North Carolina		100
United Guaranty Partners Insurance Company		Vermont		80
United Guaranty Residential Insurance Company of North Carolina		North Carolina		100
United Guaranty Residential Insurance Company		North Carolina		75.03	(23)
United Guaranty Commercial Insurance Company of North Carolina		North Carolina		100
United Guaranty Mortgage Indemnity Company		North Carolina		100
United Guaranty Credit Insurance Company		North Carolina		100
United Guaranty Services, Inc.		North Carolina		100

(1)	All subsidiaries listed are consolidated in the accompanying financial statements. Certain subsidiaries have been omitted from the tabulation. The omitted subsidiaries, when considered in the aggregate as a single subsidiary, do not constitute a significant subsidiary.
(2)	Percentages include directors’ qualifying shares.
(3)	The common stock is owned approximately 12.0 percent by Starr International Company, Inc., 1.8 percent by C.V. Starr & Co., Inc. and 2.0 percent by The Starr Foundation.
(4)	Also owned 35.15 percent by National Union Fire Insurance Company of Pittsburgh, Pa.
(5)	Also owned 10 percent by AIG Matched Funding Corp.
(6)	Also owned 21 percent by Commerce and Industry Insurance Company.
(7)	Indirect wholly-owned subsidiary.

FORM 10-K :  223

SUBSIDIARIES OF REGISTRANT (continued)

(8)	Formerly known as AIG SunAmerica Inc.
(9)	Also owned 30 percent by AIG Retirement Services, Inc.

(10)	Formerly known as Anchor National Life Insurance Company.
(11)	Also owned eight percent by The Insurance Company of the State of Pennsylvania, 32 percent by National Union Fire Insurance Company of Pittsburgh, Pa. and eight percent by Birmingham Fire Insurance Company of Pennsylvania.
(12)	Also owned 48.15 percent by American General Life and Accident Insurance Company.
(13)	Also owned 50 percent by The Insurance Company of the State of Pennsylvania.
(14)	Also owned by 11 other AIG subsidiaries.
(15)	Also owned 25.95 percent by AIG.
(16)	Also owned 22.48 percent by American Home Assurance Company.
(17)	Also owned ten percent by a subsidiary of American Life Insurance Company.
(18)	Also owned 1.7 percent by American International Underwriters Overseas, Ltd. and .48 percent by American Home Assurance Company.
(19)	Also owned 20 percent by The Insurance Company of the State of Pennsylvania and ten percent by Birmingham Fire Insurance Company of Pennsylvania.
(20)	Also owned 16.85 percent by American Home Assurance Company, 6.34 percent by Commerce and Industry Insurance Company and 6.34 percent by New Hampshire Insurance Company.
(21)	100 percent to be held with other AIG companies.
(22)	Also owned 45.88 percent by National Union Fire Insurance Company of Pittsburgh, Pa., 16.95 percent by New Hampshire Insurance Company and 0.86 percent by The Insurance Company of the State of Pennsylvania.
(23)	Also owned 24.97 percent by United Guaranty Residential Insurance Company of North Carolina.

224 : FORM 10-K