SEC Comment Letter for AMERICAN INTERNATIONAL GROUP, (AIG) — Dec 5, 2017
AMERICAN INTERNATIONAL GROUP, INC.
Date: Dec. 5, 2017 · CIK: 0000005272 · Accession: 0000000000-17-042539
AI Filing Summary & Sentiment
File numbers found in text: 001-08787
Letter
December 5, 2017 Siddhartha Sankaran Executive Vice President and Chief Financial Officer American International Group, Inc. 175 Water Street New York, NY 10038 Re:American International Group, Inc. Form 10-Q for the Quarterly Period Ended September 30, 2017 Filed November 3, 2017 File No. 001-08787 Dear Mr. Sankaran: We have limited our review of your filing to the issue we have addressed in our comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to the comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to the comment, we may have additional comments. Form 10-Q for the Quarterly Period Ended September 30, 2017 Management's Discussion and Analysis of Financial Condition and Results of Operations Use of Non-GAAP Measures, page 73 1."After-tax operating income attributable to AIG" and "pre-tax operating income" that you identify as non-GAAP measures appear to be titles that are the same as, or confusingly similar to, those used for GAAP financial measures and precluded by Item 10(e)(ii)(E) of Regulation S-K. As such, please confirm to us that you will revise the titles of these measures in future filings to provide an appropriate description for each measure that complies with Item 10(e).
FirstName LastNameSiddhartha Sankaran Comapany NameAmerican International Group, Inc. June 16, 2017 Page 2 FirstName LastName Siddhartha Sankaran American International Group, Inc. December 5, 2017 Page 2 In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Vanessa Robertson at 202-551-3649 or Kevin Vaughn at 202-551-3494 with any questions. Division of Corporation Finance Office of Healthcare & Insurance
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December 5, 2017
Siddhartha Sankaran
Executive Vice President and Chief Financial Officer
American International Group, Inc.
175 Water Street
New York, NY 10038
Re:American International Group, Inc.
Form 10-Q for the Quarterly Period Ended September 30, 2017
Filed November 3, 2017
File No. 001-08787
Dear Mr. Sankaran:
We have limited our review of your filing to the issue we have addressed in our
comment. In our comment, we may ask you to provide us with information so we may better
understand your disclosure.
Please respond to the comment within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe our
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to the comment, we may have additional comments.
Form 10-Q for the Quarterly Period Ended September 30, 2017
Management's Discussion and Analysis of Financial Condition and Results of Operations
Use of Non-GAAP Measures, page 73
1."After-tax operating income attributable to AIG" and "pre-tax operating income" that you
identify as non-GAAP measures appear to be titles that are the same as, or confusingly
similar to, those used for GAAP financial measures and precluded by Item 10(e)(ii)(E) of
Regulation S-K. As such, please confirm to us that you will revise the titles of these
measures in future filings to provide an appropriate description for each measure that
complies with Item 10(e).
FirstName LastNameSiddhartha Sankaran
Comapany NameAmerican International Group, Inc.
June 16, 2017 Page 2
FirstName LastName
Siddhartha Sankaran
American International Group, Inc.
December 5, 2017
Page 2
In closing, we remind you that the company and its management are responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or
absence of action by the staff.
You may contact Vanessa Robertson at 202-551-3649 or Kevin Vaughn at 202-551-3494
with any questions.
Division of Corporation Finance
Office of Healthcare & Insurance