Topic | Code/Metric |
Reference |
---|---|---|
Transparent Information & Fair Advice for Customers | FN-IN-270a.1: Total amount of monetary losses as a result of legal proceedings associated with marketing and communication of insurance product related information to new and returning customers |
AIG is in the process of revisiting this metric’s applicability and materiality to the organization. To the extent these disclosures are deemed relevant and applicable to the organization, we will continue to enhance our disclosures in future ESG reports |
FN-IN-270a.2: Complaints-to-claims ratio | AIG is in the process of revisiting this metric’s applicability and materiality to the organization. To the extent these disclosures are deemed relevant and applicable to the organization, we will continue to enhance our disclosures in future ESG reports | |
FN-IN-270a.3: Customer retention rate | AIG is in the process of revisiting this metric’s applicability and materiality to the organization. To the extent these disclosures are deemed relevant and applicable to the organization, we will continue to enhance our disclosures in future ESG reports | |
FN-IN-270a.4: Description of approach to informing customers about products | See the Sustainable Solutions and Innovation section of this report | |
Incorporation of Environmental, Social, and Governance Factors inInvestment Management | FN-IN-410a.1: Total invested assets, by industry and asset class | Total invested assets: $359 billion. See AIG’s 2021 Q4 Financial Supplement, p. 52–53 for breakdown by industry and asset class |
FN-IN-410a.2: Description of approach to incorporation of environmental, social, and governance (ESG) factors in investment management processes and strategies | See the Sustainable Solutions and Innovation section of this report; see AIG’s 2021 Form 10-K p. 116 | |
Policies Designed to Incentivize Responsible Behavior | FN-IN-410b.1: Net premiums written related to energy efficiency and low-carbon technology | See the Sustainable Solutions and Innovation section of this report |
FN-IN-410b.2: Discussion of products and/or product features that incentivize health, safety, and/or environmentally responsible actions and/or behaviors | See the Sustainable Solutions and Innovation section of this report | |
Environmental Risk Exposure | FN-IN-450a.1: Probable Maximum Loss (PML) of insured products from weather-related natural catastrophes | See AIG’s 2021 Form 10-K p. 165–166 |
FN-IN-450a.2: Total amount of monetary losses attributable to insurance payouts from (1) modeled natural catastrophes and (2) non-modeled natural catastrophes, by type of event and geographic segment (net and gross of reinsurance) | (1) See AIG’s 2021 Form 10-K p. 165–166 (2) N/A |
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FN-IN-450a.3: Description of approach to incorporation of environmental risks into (1) the underwriting process for individual contracts and (2) the management of firm-level risks and capital adequacy | See the Sustainable Solutions and Innovation and Management of Climate-Related Risks sections of this report | |
Systemic Risk Management | FN-IN-550a.1: Exposure to derivative instruments by category: (1) total potential exposure to noncentrally cleared derivatives, (2) total fair value of acceptable collateral posted with the Central Clearinghouse and (3) total potential exposure to centrally cleared derivatives | (1) $965,963,166 USD (2) 0 (3) $199,836,994 USD |
FN-IN-550a.2: Total fair value of securities lending collateral assets | $3.34 billion. See AIG’s 2021 Form 10-K p. 234 | |
FN-IN-550a.3: Description of approach to managing capital and liquidity-related risks associated with systemic non-insurance activities | See AIG’s 2021 Form 10-K: Investments p. 116, Liquidity and Capital Resources p. 139, Enterprise Risk Management p. 151 |