XML 119 R131.htm IDEA: XBRL DOCUMENT v2.4.0.6
COMMITMENTS, CONTINGENCIES AND GUARANTEES (Details)
12 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2011
USD ($)
Dec. 31, 2011
Maximum
Chartis U.S.
USD ($)
Dec. 31, 2011
Consolidated 2008 Securities Litigation
action
Mar. 20, 2009
Consolidated 2008 Securities Litigation
complaint
Mar. 31, 2011
ERISA Litigation II
plan
Mar. 19, 2009
ERISA Litigation II
complaint
Dec. 31, 2011
Canadian Securities Class Action claim
USD ($)
Dec. 31, 2011
Brookfield litigation related to AIGFP
USD ($)
Jun. 30, 2010
Securities lending dispute with Transatlantic Holdings Inc.
EUR (€)
May 31, 2010
Securities lending dispute with Transatlantic Holdings Inc.
USD ($)
Dec. 31, 2011
Securities lending dispute with Transatlantic Holdings Inc.
USD ($)
Jan. 26, 2012
Securities lending dispute with Transatlantic Holdings Inc.
USD ($)
Jun. 29, 2010
Securities lending dispute with Transatlantic Holdings Inc.
subsidiary
May 24, 2010
Securities lending dispute with Transatlantic Holdings Inc.
subsidiary
Dec. 31, 2011
Fitzpatrick matter
USD ($)
Dec. 31, 2011
Behm matter
USD ($)
Oct. 02, 2010
Behm matter
action
Dec. 31, 2011
False Claims Act complaint
multiple
Feb. 25, 2010
False Claims Act complaint
individual
Feb. 28, 2006
2006 Regulatory Settlements
USD ($)
Dec. 31, 2011
2006 Regulatory Settlements
USD ($)
Jan. 31, 2012
Consolidated 2004 Securities Litigation
USD ($)
Jul. 31, 2010
Consolidated 2004 Securities Litigation
USD ($)
Dec. 31, 2011
Consolidated 2004 Securities Litigation
Objector
fund
shareholder
Feb. 17, 2012
Consolidated 2004 Securities Litigation
plaintiff
Dec. 31, 2011
Consolidated 2004 Securities Litigation
Minimum
Apr. 30, 2011
Workers' compensation Premium Reporting
USD ($)
Jan. 31, 2011
Workers' compensation Premium Reporting
plaintiff
May 31, 2007
Workers' compensation Premium Reporting
USD ($)
Dec. 31, 2011
Workers' compensation Premium Reporting
USD ($)
Objector
Dec. 31, 2011
Workers' compensation Premium Reporting
Maximum
USD ($)
May 31, 2011
The Multi-District Litigation
USD ($)
Dec. 31, 2011
The Multi-District Litigation
action
conspiracy
complaint
D
case
class
defendant
state
May 20, 2011
The Multi-District Litigation
USD ($)
Dec. 31, 2011
The Multi-District Litigation
Florida
case
Dec. 31, 2011
The Multi-District Litigation
New Jersey
case
Dec. 31, 2011
The Multi-District Litigation
Texas
USD ($)
case
Dec. 31, 2011
The Multi-District Litigation
Kansas
USD ($)
claim
case
Dec. 31, 2011
Palm Tree Computer Systems, Inc. v. Ace USA
USD ($)
action
plaintiff
Dec. 31, 2011
The Heritage Corp. of South Florida v. National Union Fire Ins. Co.
USD ($)
Dec. 31, 2008
Other Regulatory Settlements
USD ($)
Apr. 30, 2010
Regulatory Settlement Ohio Attorney General
USD ($)
Dec. 31, 2010
NAIC Examination of Workers Compensation Premium Reporting
USD ($)
Dec. 17, 2010
NAIC Examination of Workers Compensation Premium Reporting
state
Dec. 31, 2011
Caremark
USD ($)
complaint
Dec. 31, 2011
Use of SSDMF
USD ($)
Dec. 31, 2011
Multi-state examination of regulatory issues in insurance products
USD ($)
state
Dec. 31, 2011
Starr International Litigation
LITIGATION AND INVESTIGATIONS                                                                                                
Increase in the estimated reserves for incurred but not reported death claims                                                                                           $ 202,000,000    
Damages sought per settlement objector, maximum                                                             1,000                                  
Number of states participating in the accident and health products examination                                                                                             38  
Number of objectors to class action suit settlement                                               2           2                                    
Number of purported class action complaints consolidated       8   8                                                                             2      
Shareholders maximum ownership percentage who have requested to opt out of the class                                               1.50%                                                
Number of shareholders who have submitted timely and valid requests to opt out of the class                                               25                                                
Number of investment funds controlled by the same investment group who have submitted timely and valid requests to opt out of the class                                               7                                                
Shares held by investment group who have submitted timely and valid requests to opt out of the class                                                   1,000                                            
Number of shareholders that filed a notice of appeal                                                 1                                              
Civil penalty payable   51,000,000                                                                                         250,000  
Number of actions brought against AIG                                 2                                                              
Number of securities actions brought against AIG     2                                                                                          
Motions to dismiss granted, plans at issue         1                                                                                      
Motions to dismiss denied, plans at issue         2                                                                                      
Damages claimed 306,000,000           500,000,000     350,000,000 500,000,000         33,000,000                                                         3,200,000,000      
Damages claimed                 17,600,000   22,800,000                                                                          
Punitive damages claimed             50,000,000                                                                                  
Percentage of ownership in AIG received by Department of the Treasury                                                                                               80.00%
Maximum contractual loss               1,500,000,000                                                                                
Transatlantic, number of subsidiaries named as Claimants                           2                                                                    
AIG, number of subsidiaries named as Respondents                         1 2                                                                    
Damages claimed, amount currently due                             196,000,000                                                                  
Damages claimed, potential future amounts                             78,000,000                                                                  
Range of loss, minimum                       45,000,000     0 0                                                                
Range of loss, maximum                       125,000,000     274,000,000 33,000,000                                                                
Counterclaim sought by AIG                               3,600,000                                                                
Accrued loss contingency                                                                   6,750,000                            
Number of individuals (Relators) seeking to assert claims                                     2                                                          
Damages sought, multiple of damages sustained                                   3                                                            
Payments made or placed in escrow accounts initial amount                                       1,640,000,000                                                        
Portion of payments which represented fines and penalties                                       225,000,000                                             100,000,000          
Deposits into fund under the supervision of the SEC, subsequently disbursed                                       800,000,000                                                        
Workers Compensation Fund escrow, included in Other Assets                                         597,000,000                                           338,000,000          
Settlement amount total                                             725,000,000                 37,000,000                 26,000,000 9,000,000            
Amount paid under the terms of the separate settlement agreement with Florida                                           4,000,000                                                    
Minimum number of conspiracies alleged                                                                 1                              
Settlement amount paid under previous settlement agreements                                                                                 4,400,000              
Settlement agreement, number of states                                                                                       50        
Settlement agreement, payment of outstanding premium taxes                                                                                     46,500,000          
Settlement agreement, maximum contingent fines                                                                                     150,000,000          
Settlement agreement, amount which can be paid out of the remaining balance in Workers Compensation Fund                                                           191,500,000                         146,500,000          
Settlement agreement, escrow                                                           450,000,000                                    
Settlement agreement, percentage of outstanding shares that have sought to opt out of the class                                               2.00%                                                
Number of parallel actions                                                                 2                              
Number of separate derivative actions filed                                                                 24                              
Number of defendants who have settled                                                                 3                              
Number of states asserted antitrust law violations                                                                 48                              
Employee Benefits Complaint, number of purported classes                                                                 2                              
Number of consolidated actions                                                                             1                  
Number of named plaintiffs                                                                             2                  
Maximum period to submit letter since date of order by court (in days)                                                                 30                              
Number of cases that have proceeded                                                                 4   1 1 1 1                    
Number of claims                                                                           3                    
Damages sought, maximum                                                                         125,000,000                      
Damages sought per claim, maximum                                                                             74,999                  
Damages sought, in excess                                                     3,000,000,000   1,000,000,000                     75,000                
Damages sought per claim, in excess                                                                           $ 75,000                    
Number of intervening plaintiffs                                                       7