AIG General Insurance and Life & Retirement Earnings
Non-GAAP Reconciliations
Accident Year Loss Ratio, as adjusted, and Accident Year Combined Ratio, as adjusted
General Insurance - International
General Insurance - International -
Quarterly
Commercial Lines
Quarterly
2Q20
2Q21
2Q20
2Q21
Loss ratio
59.7
56.7
Loss ratio
66.1
57.8
Catastrophe losses and reinstatement premiums
(5.7)
(1.5)
Catastrophe losses and reinstatement premiums
(11.4)
(1.4)
Prior year development
0.7
(0.1)
Prior year development
2.5
(0.4)
Accident year loss ratio, as adjusted
54.7
55.1
Accident year loss ratio, as adjusted
57.2
56.0
Acquisition ratio
23.0
21.8
Acquisition ratio
19.3
18.6
General operating expense ratio
14.4
13.3
General operating expense ratio
14.1
12.3
Expense ratio
37.4
35.1
Expense ratio
33.4
30.9
Combined ratio
97.1
91.8
Combined ratio
Accident year combined ratio, as adjusted
92.1
90.2
Accident year combined ratio, as adjusted
99.5
88.7
90.6
86.9
General Insurance - International -
Personal Insurance
General Insurance - Global Commercial Lines
Quarterly
Quarterly
2Q20
2Q21
2Q20
2Q21
Loss ratio
Catastrophe losses and reinstatement premiums
Prior year development
52.9
55.2
Loss ratio
81.6
63.8
0.4
(1.6)
Catastrophe losses and reinstatement premiums
(18.1)
(2.2)
(1.2)
0.4
Prior
year development
1.9
0.4
Accident year loss ratio, as adjusted
52.1
54.0
Accident year loss ratio, as adjusted
65.4
62.0
Acquisition ratio
26.8
25.6
Acquisition ratio
16.4
16.7
General operating expense ratio
14.6
14.4
General operating expense ratio
12.5
10.6
Expense ratio
41.4
40.0
Expense ratio
28.9
27.3
Combined ratio
94.3
95.2
Combined ratio
110.5
91.1
Accident year combined ratio, as adjusted
93.5
94.0
Accident year combined ratio, as adjusted
94.3
89.3
AIG
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