SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2012

SEGMENT INFORMATION

SEGMENT INFORMATION

3. SEGMENT INFORMATION

    AIG reports the results of its operations through three reportable segments: Chartis, SunAmerica Financial Group (SunAmerica) and Aircraft Leasing. AIG evaluates performance based on pre-tax income (loss), excluding results from discontinued operations, because AIG believes this provides more meaningful information on how its operations are performing.

    Effective during the first quarter of 2012, in order to align financial reporting with the manner in which AIG's chief operating decision makers review the Chartis businesses to assess performance and make decisions about resources to be allocated, certain products previously reported in Commercial Insurance were reclassified to Consumer Insurance. These revisions did not affect the total Chartis reportable segment results previously reported.

The following table presents AIG's operations by reportable segment:

	Reportable Segment
												Consolidation and Eliminations
(in millions)	Chartis		SunAmerica		Aircraft Leasing*		Other Operations			Total					Consolidated
Three Months Ended June 30, 2012
Total revenues	$	10,020	$	4,213	$	1,121	$	1,869		$	17,223	$	(100	)	$	17,123
Pre-tax income (loss)		961		777		86		(116	)		1,708		43			1,751
Three Months Ended June 30, 2011
Total revenues	$	10,218	$	3,896	$	1,119	$	1,565		$	16,798	$	(118	)	$	16,680
Pre-tax income		826		766		87		87			1,766		28			1,794
Six Months Ended June 30, 2012
Total revenues	$	19,818	$	7,909	$	2,275	$	5,872		$	35,874	$	(308	)	$	35,566
Pre-tax income (loss)		1,871		1,639		206		2,620			6,336		(1	)		6,335
Six Months Ended June 30, 2011
Total revenues	$	20,098	$	7,735	$	2,260	$	4,297		$	34,390	$	(271	)	$	34,119
Pre-tax income (loss)		452		1,733		207		(1,910	)		482		2			484

*

AIG's Aircraft Leasing operations consist of a single operating segment.

The following table presents Chartis operations by operating segment:

(in millions)	Commercial Insurance		Consumer Insurance			Other		Total Chartis
Three Months Ended June 30, 2012
Total revenues	$	6,087	$	3,564		$	369	$	10,020
Pre-tax income		594		192			175		961
Three Months Ended June 30, 2011
Total revenues	$	6,437	$	3,482		$	299	$	10,218
Pre-tax income		629		59			138		826
Six Months Ended June 30, 2012
Total revenues	$	12,016	$	7,176		$	626	$	19,818
Pre-tax income		1,159		426			286		1,871
Six Months Ended June 30, 2011
Total revenues	$	12,503	$	6,916		$	679	$	20,098
Pre-tax income (loss)		245		(196	)		403		452

The following table presents SunAmerica operations by operating segment:

(in millions)	Domestic Life Insurance		Domestic Retirement Services		Total SunAmerica
Three Months Ended June 30, 2012
Total revenues	$	2,484	$	1,729	$	4,213
Pre-tax income		673		104		777
Three Months Ended June 30, 2011
Total revenues	$	2,146	$	1,750	$	3,896
Pre-tax income		369		397		766
Six Months Ended June 30, 2012
Total revenues	$	4,643	$	3,266	$	7,909
Pre-tax income		1,161		478		1,639
Six Months Ended June 30, 2011
Total revenues	$	4,108	$	3,627	$	7,735
Pre-tax income		702		1,031		1,733

The following table presents the components of AIG's Other operations:

(in millions)	Mortgage Guaranty		Global Capital Markets			Direct Investment Book		Retained Interests		Corporate & Other			Consolidation and Eliminations			Total Other Operations
Three Months Ended June 30, 2012
Total revenues	$	224	$	10		$	584	$	813	$	251		$	(13	)	$	1,869
Pre-tax income (loss)		48		(25	)		485		813		(1,435	)		(2	)		(116	)
Three Months Ended June 30, 2011
Total revenues	$	232	$	(105	)	$	136	$	854	$	458		$	(10	)	$	1,565
Pre-tax income (loss)		6		(169	)		73		854		(668	)		(9	)		87
Six Months Ended June 30, 2012
Total revenues	$	424	$	170		$	928	$	3,860	$	513		$	(23	)	$	5,872
Pre-tax income (loss)		56		63			733		3,860		(2,093	)		1			2,620
Six Months Ended June 30, 2011
Total revenues	$	470	$	281		$	599	$	2,503	$	469		$	(25	)	$	4,297
Pre-tax income (loss)		14		121			483		2,503		(5,015	)		(16	)		(1,910	)