Seal of Board of Governors of the Federal Reserve System 

B OAR D O F G OVERNOR S O F TH E F EDERA L R ESERV E S YSTE M 

WASHINGTON , D C 2Q55 1 

February 22, 2013 

Mr. Brian Morrissey 

Deputy Controller 

American International Group, Inc. 

180 Maiden Lane 

New York, New York 10038 

Dear Mr. Morrissey: 

This is in response to your letters dated January 11 and 

February 1, 2013, requesting that American International Group, Inc. 

("AIG"), New York, New York, be granted exemptions from the Board's 

regulatory reporting requirements for savings and loan holding companies. 

Specifically, you requested (1) confidential treatment and best efforts filing 

of AIG's December 31, 2012, and March 31, 2013, FR Y-9C and FR Y-9LP 

reports, and (2) additional relief during 2013 and 2014, as described in the 

attachment to this letter with respect to certain of AIG's regulatory reporting 

requirements. 

Based on all the facts of record, the Director of the Division of 

Banking Supervision and Regulation, acting pursuant to authority delegated 

by the Board, and after consulting with the General Counsel, has determined 

that it is appropriate to grant AIG's requests. AIG's FR Y-9C and FR Y9LP reports for the December 31, 2012, and March 31, 2013, reporting 

periods will be granted confidential treatment, and AIG may submit these 

forms on a best-efforts basis for these two reporting periods. In addition, the 

attachment to this letter details each of your other requests and the Director's 

response, on a report-by-report basis. 

Board and Reserve Bank staff believe this relief will allow AIG 

to rationalize data sources, design regulatory reporting tools, and establish a 

regulatory governance framework that will yield a more reliable and stable 

regulatory reporting infrastructure with better quality data. These terms are 

consistent with the regulatory reporting relief that the Board has granted to 

www.federaireserve.gov 
investment banks and other companies transitioning to depository institution holding company status.[Footnote 1. In 2009, the Board granted several investment banks and other companies that had recently converted to bank holding company status exemptions from, and permitted modifications to, the Board's reporting requirements. See, e.g., Board letters dated February 5, 2009, to Colm Kelleher (Morgan Stanley) and to Sarah Smith (The Goldman Sachs Group, Inc.) End footnote.] If you have any questions, please contact Lauren Hargraves of Very the Federal Reserve Bank of New York at (212) 720-1987. truly yours, 

(Signed by) Margaret McCloskey Shanks Deputy Secretary of the Board 

cc: Lauren Hargraves, Senior Vice President 

Federal Reserve Bank of New York 

Attachment 
Attachment 

1. FR Y-ll (Financial Statements of U.S. Nonbank Subsidiaries 

of U.S. Bank Holding Companies) and FR 2314 

(Financial Statements of Foreign Subsidiaries of U.S. Bank 

Holding Companies) 

AIG has requested a phased-in approach to filing these reports for 

those of its nonbank subsidiaries that would be required to file on a quarterly 

basis. AIG has requested that it be permitted to submit the first FR Y-l 1 and 

FR 2314 reports as of June 30, 2013, for approximately 43 percent of its 

nonbank subsidiaries meeting the quarterly requirements. The remaining 

nonbank subsidiaries meeting the quarterly filing requirements would begin 

reporting as of September 30, 2013. The required annual reporting for all 

other nonbank subsidiaries would begin as of December 31, 2013, as 

scheduled. AIG has stated that such relief would allow it to continue its 

planned transition towards a sustainable report-preparation process, while 

accommodating the Board's initial filing requirements for these reports. 

Response on FR Y-ll and FR 2314 

AIG is granted the requested reporting relief for the FR Y-l 1 and FR 

2314 reports. This phased-in approach is similar to that afforded other 

banking organizations that became bank holding companies during the 

financial crisis in 2008. 

2. FR Y-l2 (Consolidated Bank Holding Company Report of 

Equity Investments in Nonfinancial Companies) 

AIG has requested an extension to begin filing this report as of 

September 30, 2013. 

Response on FR Y-12 

AIG is granted an extension to begin filing the FR Y-12 report as of 

September 30, 2013. 

3. FR Y-10 (Report of Changes in Organizational Structure) 

AIG has requested a phased-in approach for submitting the required 

FR Y-10 reports. AIG would file initial FR Y-10 reports for significant 

nonbank subsidiaries required to submit quarterly financial reports over the 
course of the first half of 2013, with the goal of completing its initial filings 

by June 30, 2013. FR Y-10 reports for smaller, less significant nonbank 

subsidiaries, which are required to file financial reports annually, would be 

submitted by July 31, 2013. AIG also requested that it be allowed to submit 

approximately 250 FR Y-10 reports monthly from August 1, 2013, through 

March 31, 2014, for the approximately 2,200 entities remaining within the 

organization. 

Response on FR Y-10 

AIG is granted its request for a phased-in approach for submitting the 

FR Y-10 reports. However, AIG must coordinate with staff at the Federal 

Reserve Bank of New York to ensure there is sufficient structure 

information available to receive submission of financial reports when the 

financial report is due before the submission of the corresponding FR Y-10 

report. In addition, AIG must file FR Y-10 reports on a timely basis (in 

conformity with the filing requirements of the FR Y-10) for all subsidiaries 

formed or acquired during 2013.