AIG General Insurance and Life & Retirement Earnings
Non-GAAP Reconciliations
Net Premiums Written - Change in Constant Dollar
General Insurance
Foreign exchange effect on worldwide premiums:
Change in net premiums written
Increase (decrease) in original currency
Foreign exchange effect
Increase (decrease) as reported in U.S. dollars
North America -
General
Insurance
Commercial
International -
Commercial
International -
Personal
Global -
Commercial
Global -
Personal
Lines
2Q21
2Q21
Lines
2Q21
Insurance
Lines
Insurance
2Q21
2Q21
2Q21
20 %
15
%
4
10 %
7
(2) %
13
%
41
%
3
3
4
24 %
15
0/
%
17 %
1
%
16
%
45
%
Reconciliation of Net Investment Income
(in millions)
Net investment income per Consolidated Statements of Operations
Changes in fair value of securities used to hedge guaranteed living benefits
Changes in the fair value of equity securities
Net investment income on Fortitude Re funds withheld assets
Net realized gains related to economic hedges and other
Total Net investment income -APTI Basis
Add: Investment expenses
AIG investment income, APTI basis
Net realized gains related to economic hedges and other
Gross investment income, APTI basis
Quarterly
2Q20
2Q21
$
3,366
$
3,675
(14)
(13)
(56)
13
(116)
(507)
18
14
$
3,198
$
3,182
139
105
$
3.337
$
3.287
(18)
(14)
$
3.319
$
3.273
(378)
Less: Impact of Fortitude Re prior to deconsolidation
Gross investment income, APTI basis, excluding the impact of
Fortitude Re for all periods, including periods prior to deconsolidation
$
2,941
$
3.273
Total Net investment income -APTI Basis
$
3,198
$
3,182
Less: Impact of Fortitude Re prior to deconsolidation
(378)
Total Net investment income - APTI Basis, excluding the impact of
Fortitude Re for all periods, including periods prior to deconsolidation
$
2,820
$
3,182
AIG
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