General Insurance Financial Overview
Gross investment income¹
(GII), APTI basis
Invested Assets & Gross Investment Income, APTI Basis
General Insurance
Life and Retirement
Gross Investment Income, APTI basis ($M)
■Interest & dividends
■ Alternative investments
■ All other
■ Other adjustments²
$9,178
$348
$9,753
$289
$591
$1,299
Other Operations
Total AIG
$12,863
$616
$1
$13,303
$579
$914
$2,579
$11,332
$10,266
$3,173
$188
$3,491
$8,239
$131
$8,165
$595
$1,232
$159
$48
$511
$2,390
$2,128
$703
$80 $180 ($27)
($272)
FY'20
FY'21
FY'20
FY'21
FY'20
FY'21
FY'20
FY'21
Interest & dividends
81.2
Alternative investments
All other
5.0
1.7
FY'21 Invested Assets ($B)
194.3
5.1
1.2
1) Includes Fortitude Re activity subsequent to the deconsolidation June, 2, 2020.
2) Other adjustments include net realized gains related to economic hedges and
other.
3) Interest and dividends include amounts related to commercial mortgage loan
prepayments and call and tender income; Life and Retirement annualized
yields include yield on collateral related to hedging program.
4) Alternative investment income includes income on hedge funds, private equity
funds and affordable housing partnerships.
FY'21 and FY'20 Annualized Investment Yields
Fixed Maturities³
3.18%
2.65%
4.49%
4.28%
4.01%
3.68%
* Refers to financial measure not calculated in accordance with generally
accepted accounting principles (Non-GAAP); definitions and abbreviations of Non-
GAAP measures and reconciliations to their closest GAAP measures can be found
in this presentation under the heading Glossary of Non-GAAP Financial Measures
and Non-GAAP Reconciliations.
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No part of this document may be reproduced, republished or reposted
without the permission of AIG.
10.4
(1.0)
6.1
285.9
9.1
9.0
Alternative Investments4
Total Alternative Investments
Consolidated AIG Hedge Funds &
Private Equity
29.49%
31.89%
28.37%
23.76%
18.65%
11.86%
14.14% 14.89%
11.80%
9.81%
General
Insurance
Life and
Retirement
Consolidated AIG
General
Insurance
Life and
Retirement
Consolidated
AIG
Hedge Funds
Private Equity
FY'20 FY'21
■FY'20 ■FY'21
($122)
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