Investor Presentaiton
Net Investment Income, APTI basis, decrease driven by the capital market
impact on FVO securities and alternative investments
($ in millions)
Interest and dividends
Annualized yield
Alternative investment income1
1Q20 Investment Income and Yield by Segment (APTI Basis)
General Insurance
$668
Life and Retirement
$1,960
Other and Legacy
$544
Total AIG
$3,172
4.27%
n/a
(23)
n/a
16
0.75%
(194)
$2,994
3.60%
4.55%
(73)
112
Annualized yield
(5.69%)
16.57%
Other investment income (loss)
45
17
(256)
Total AIG Investment Income
Investment expenses
$640
$2,089
$265
Consolidations and eliminations
1Q20 Net Investment Income
1Q19 Net Investment Income
Variance
$588
$1,089
($501)
$2,003
$2,042
($39)
148
(147)
$108
$2,699
$587
$3,718
($479)
($1,019)
Invested Assets as of March 31, 2020 - $332B
$185.0
$2.8
$4.6
General Insurance
Avg. Duration of
Fixed Maturities²
NA: 3.2 Years
Int'l: 3.6 Years
Life and Retirement
Other Investments
$83.1
Alternative Investments
$177.6
$4.8
$2.9
$56.4
■Fixed Income, AFS & loans
Avg. Duration of
Fixed Maturities²
$7.6
$0.6
8.1 Years
$75.4
$48.2
General Insurance
Life and Retirement
Other and Legacy
1) Hedge Funds are typically reported on the balance sheet date, while Private Equity funds typically have a 1 quarter lag due to the timing of receipt of financial reports.
AIG 2) Includes run-off businesses.
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