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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 xHu9VNPK+M6JdP4BvIofQA==

<SEC-DOCUMENT>0000950123-97-008948.txt : 19971029
<SEC-HEADER>0000950123-97-008948.hdr.sgml : 19971029
ACCESSION NUMBER:		0000950123-97-008948
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19971028
SROS:			NYSE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICAN INTERNATIONAL GROUP INC
		CENTRAL INDEX KEY:			0000005272
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				132592361
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		
		SEC FILE NUMBER:	033-60827
		FILM NUMBER:		97702117

	BUSINESS ADDRESS:	
		STREET 1:		70 PINE ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10270
		BUSINESS PHONE:		2127707000

	MAIL ADDRESS:	
		STREET 1:		70 PINE STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10270

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN INTERNATIONAL ENTERPRISES INC
		DATE OF NAME CHANGE:	19700507
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<DESCRIPTION>AMERICAN INTERNATIONAL GROUP, INC.
<TEXT>

<PAGE>   1
                                           For Filing Pursuant to Rule 424(b)(3)
                                           Registration Statement No. 33-60827

               PRICING SUPPLEMENT NO. 4 DATED OCTOBER 27, 1997
             (To Prospectus dated February 20, 1996 and Prospectus
                        Supplement dated June 11, 1996)

                       AMERICAN INTERNATIONAL GROUP, INC.

                          MEDIUM-TERM NOTES, SERIES E

                                                    INTEREST RATE
              RANGE OF MATURITIES                     PER ANNUM
              -------------------                   -------------
                    2 years                              6.00%


The Series E Notes to which this Pricing Supplement relates will bear interest
at the rate specified above and will be Fixed Rate Notes. Merrill Lynch & Co.
has purchased the Notes as principal in this transaction, at a discount of
 .053%, for resale to one or more investors at varying prices related to
prevailing market conditions at the time or times of resale as determined by
Merrill Lynch & Co.


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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