Political Activities and Contributions

As global leaders, we’re passionate about the issues that shape our industry and our world.

AIG Engagement

AIG may make political contributions and engage in political activities in support of candidates and parties at the federal and state levels where applicable laws and regulations permit. It is the policy of AIG that employees involved in lobbying, advocacy and political activities do so in accordance with the AIG Code of Conduct, AIG and AIG-related Entity Policies, Standards, Procedures, Guidelines or other policy-related documents, and in accordance with all applicable registration, disclosure and other laws, rules and regulations governing such activities.

All political activities carried out on behalf of AIG are managed by AIG’s U.S. Federal and State Government Affairs Groups, which work as appropriate with other company functions to determine which activities are permitted and consistent with AIG’s business strategy. Certain restrictions on political activities are detailed in the AIG Global Lobbying and Political Activity Policy. In the past, the Regulatory, Compliance and Public Policy Committee (“RCPPC”) of the AIG Board of Directors has reviewed the company’s policy on political expenditures and management has provided the RCPPC with a report on all political contributions that have been made since the last such report on at least an annual basis. Going forward, the Nominating and Corporate Governance Committee (“NCGC”) will perform such review and management will provide its report to the NCGC.

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Political Donations

AIG suspended corporate political contributions in October 2008, and has not made any corporate contributions since that time to political candidates, parties, or committees; to Super PACs; for Independent political expenditures in support of or opposition to a campaign; for support of or opposition to Ballot Measures; or to 527 groups. Any decision to renew making corporate contributions more broadly would be taken by AIG management, and subsequent corporate contributions of that kind would be disclosed on the AIG public website.

On January 13, 2021, AIG suspended its limited Political Action Committee (PAC ) activity for the foreseeable future.

All political contributions made by the AIG PAC are publicly disclosed and can be found in the Federal Election Commission’s publicly available campaign finance data. AIG does not make political donations outside the U.S.

For 2021, AIG received a “Trendsetter” designation for our political disclosure and accountability policies and practices for election-related spending in the annual CPA-Zicklin Index published by The Center for Political Accountability and Zicklin Center for Business Ethics Research at the Wharton School of the University of Pennsylvania. This designation was given to leading U.S. public companies that received a score of 90% or higher on the Index, and AIG received a score of 97.1%.

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Contributions to 501(c)4s in 2020

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aig-political-action-committee-contributions_2020.pdf
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2020 PAC Contributions

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aig-political-action-committee-contributions_2019.pdf
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2019 PAC Contributions

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aig-political-action-committee-contributions_2018.pdf
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2018 PAC Contributions

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2017 PAC Contributions

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2016 PAC Contributions

Lobbying and Public Policy

AIG regularly communicates with government and regulatory officials regarding the issues that impact our company. These include the regulation of insurance product design, pricing and taxation; market conduct; the regulation of underwriting and claims handling and retirement security.

We anticipate these traditional industry issues will continue to absorb most of our regulatory monitoring and advocacy efforts. Climate change is increasingly a focus area for regulators in recent years. We’ve engaged with government and regulatory officials to better understand the evolving policy frameworks regarding climate change.

These advocacy efforts reflect AIG’s belief that climate risk regulation is necessary, important and inevitable, and that insurers can play an important role in climate adaptation, mitigation and assisting with the transition to a low-carbon economy. Our engagement included providing feedback to policymakers based on our insurance expertise and communicating our position that regulations should be sensible, risk-based and consistent across jurisdictions to avoid a proliferation of competing standards that will overburden organizations and potentially yield an inconsistent impact across insurers.

All of our engagement is done in compliance with local regulations, disclosure requirements and reporting requirements.

Download Report

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Read the AIG 2021 Lobbying Report

Federal Lobbying Disclosure Act (FLDA) Compliance

The Lobbying Disclosure Act of 1995 (“LDA”), as amended by the Honest Leadership and Open Government Act of 2007, governs lobbying of both the Congress and the Executive Branch.  In compliance with the LDA, AIG files quarterly lobbying reports (LD 2s) which publicly disclose all federal lobbying activities. In accordance with the LDA guidelines administered by the Clerk of the House and the Secretary of the Senate, AIG reports all expenses related to lobbying, including:

1) overhead cost; 2) travel; 3) a portion of employee salaries that were spent on lobbying activities or preparing for lobbying contacts; 4) fees paid to outside lobbying consultants; and 5) portions of trade association dues that are deemed nondeductible and are related to lobbying activities. In addition, all issues that the company is currently lobbying and the entities lobbied are disclosed.

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4th Quarter 2020

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3rd Quarter 2020

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2nd Quarter 2020

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1st Quarter 2020

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4th Quarter 2019

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3rd Quarter 2019

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2nd Quarter 2019

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1st Quarter 2019

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4th Quarter 2018

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3rd Quarter 2018

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2nd Quarter 2018

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1st Quarter 2018

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4th Quarter 2017

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3rd Quarter 2017

External Organizations

AIG belongs to various external organizations and associations that advocate for or comment on public policies affecting AIG and the insurance sector. These external groups include trade groups and think tanks that participate in public policy discussions in different ways. 

Links below reflect the portion of AIG’s payments to trade associations (whose annual fees are $25,000 or more) that was allocated to lobbying activities.

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aig-year-end-trade-association-fees_2020.pdf
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AIG Year-End 2020 Trade Association Fees Attributable to Lobbying

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aig-mid-year-trade-association-fees_2020.pdf
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AIG Mid-Year 2020 Trade Association Fees Attributable to Lobbying

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aig-year-end-trade-association-fees_2019.pdf
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AIG Year-End 2019 Trade Association Fees Attributable to Lobbying

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aig-mid-year-trade-association-fees_2019.pdf
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AIG Mid-Year 2019 Trade Association Fees Attributable to Lobbying

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aig-year-end-trade-association-fees_2018.pdf
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AIG Year-End 2018 Trade Association Fees Attributable to Lobbying

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aig-mid-year-trade-association-fees_2018.pdf
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AIG Mid-Year 2018 Trade Association Fees Attributable to Lobbying

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aig-year-end-trade-association-fees_2017.pdf
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AIG Year-End 2017 Trade Association Fees Attributable to Lobbying

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aig-mid-year-trade-association-fees_2017.pdf
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AIG Mid-Year 2017 Trade Association Fees Attributable to Lobbying

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aig-year-end-trade-association-fees_2016.pdf
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AIG Year-End 2016 Trade Association Fees Attributable to Lobbying

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