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This excerpt taken from the AIG 10-Q filed May 7, 2009. Other
Operations
Other operations operating loss in the three months ended
March 31, 2009 increased compared to the same period in
2008 primarily due to the losses associated with the change in
fair value of AIG’s equity interest in ML III of
$1.9 billion and increased interest expense on the FRBNY
Facility, partially offset by interest income on intercompany
loans.
This excerpt taken from the AIG 10-K filed Mar 2, 2009. Other
Operations
AIG’s Other operations include interest expense,
restructuring costs, expenses of corporate staff not
attributable to specific business segments, expenses related to
efforts to improve internal controls, corporate initiatives,
certain compensation plan expenses and the settlement costs more
fully described in Note 14(a) to the Consolidated Financial
Statements.
Certain AIG subsidiaries provide insurance-related services such
as adjusting claims and marketing specialized products. Several
wholly owned foreign subsidiaries of AIG operating in countries
or jurisdictions such as Ireland, Bermuda, Barbados and
Gibraltar provide insurance and related administrative and back
office services to affiliated and unaffiliated insurance and
reinsurance companies, including captive insurance companies
unaffiliated with AIG.
For additional information regarding the business of AIG on a
consolidated basis, the contributions made to AIG’s
consolidated revenues and operating income and the assets held
by its General Insurance, Life Insurance & Retirement
Services, Financial Services and Asset Management operations and
Other operations, see Selected Financial Data, Management’s
Discussion and Analysis of Financial Condition and Results of
Operations and Notes 1 and 3 to the Consolidated Financial
Statements.
This excerpt taken from the AIG 10-K filed Feb 28, 2008. Other Operations
Certain AIG subsidiaries provide insurance-related services such
as adjusting claims and marketing specialized products. Several
wholly owned foreign subsidiaries of AIG operating in countries
or jurisdictions such as Ireland, Bermuda, Barbados and
Gibraltar provide insurance and related administrative and back
office services to affiliated and unaffiliated insurance and
reinsurance companies, including captive insurance companies
unaffiliated with AIG.
AIG has several other subsidiaries that engage in various
businesses. Mt. Mansfield Company, Inc. owns and operates the
ski slopes, lifts, a school and an inn located in Stowe,
Vermont. Also reported in AIG’s Other operations are
interest expense, expenses of corporate staff not attributable
to specific business segments, expenses related to efforts to
improve internal controls, corporate initiatives, certain
compensation plan expenses and the settlement costs more fully
described in Item 3. Legal Proceedings and Note 12(a)
to Consolidated Financial Statements.
This excerpt taken from the AIG 10-K filed Mar 1, 2007. Other Operations
Certain other AIG subsidiaries provide insurance-related
services such as adjusting claims and marketing specialized
products. Several wholly owned foreign subsidiaries of AIG
operating in countries or jurisdictions such as Ireland,
Bermuda, Barbados and Gibraltar provide insurance and related
administrative and back office services to a variety of
affiliated and unaffiliated insurance and reinsurance companies,
including captive insurance companies unaffiliated with AIG.
AIG also has several other subsidiaries which engage in various
businesses. Mt. Mansfield Company, Inc. owns and operates the
ski slopes, lifts, school and an inn located at Stowe, Vermont.
Also included in AIG’s Other operations are unallocated
corporate expenses, including interest expense and the
settlement costs more fully described in Item 3. Legal
Proceedings and Note 12(a) of Notes to Consolidated
Financial Statements.
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