EXHIBIT 99.1


                          ANNUAL SERVICER'S CERTIFICATE


         A.I. CREDIT CORP., AICCO, INC., IMPERIAL PREMIUM FINANCE, INC.,
         IMPERIAL PREMIUM FINANCE, INC., IMPERIAL PREMIUM FUNDING, INC.

                                ----------------


                        AIC PREMIUM FINANCE MASTER TRUST

                                ----------------

          The undersigned, duly authorized representatives of A.I. Credit Corp.
("AIC"), AICCO, Inc. ("AICCO"), Imperial Premium Finance, Inc. ("IP Finance I"),
(IP Funding"), as Servicer pursuant to the Sale and Servicing Agreement dated as
of November 8, 1999 (the "Sale and Servicing Agreement") by and among AIG Credit
Premium Finance Master Trust, ("Trust"), A.I. Receivables Transfer Corp., AIC,
AICCO, IP Finance I, IP Finance II, IP Funding and Bank One, National
Association, as trustee (the "Trustee"), do hereby certify that:

                1. AIC, AICCO, IP Finance I, IP Finance II and IP Funding are
        the sole Servicer under the Sale and Servicing Agreement (together,
        herein referred to as the "Servicer").

                2. The undersigned are duly authorized pursuant to the Sale and
        Servicing Agreement to execute and deliver this Certificate to the
        Indenture Trustee.

                3. This Certificate is delivered pursuant to Section 3.05 of the
        Sale and Servicing Agreement.

                4. A review of the activities of the Servicer during the period
        from January 1, 2002 through December 31, 2002 and of its performance
        under the Sale and Servicing Agreement, including any Supplement, was
        conducted under the supervision of the undersigned.

                5. Based on such review, the Servicer has, to the best of the
        knowledge of the undersigned, fully performed all its obligations under
        the Sale and Servicing Agreement, including any Series Supplement,
        throughout such period and no default in the performance of such
        obligations has occurred or is continuing except as set forth in
        paragraph 6 below.


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                6. The following is a description of each default in the
        performance of the Servicer's obligations under the provisions of the
        Sale and Servicing Agreement, including any Series Supplement, known to
        the undersigned to have been made during such period which sets forth in
        detail (i) the nature of each such default, (ii) the action taken by the
        Servicer, if any, to remedy each such default and (iii) the current
        status of each such default: None.













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          IN WITNESS WHEREOF, the undersigned have duly executed this
certificate this 31 day of March, 2003.


                                 A.I. Credit Corp.

                                 BY: /S/ JEFFREY LESNOY
                                     ------------------------------------------
                                     Name: Jeffrey Lesnoy
                                     Title: Senior Vice President, Controller



                                 AICCO, Inc.

                                 BY: /S/ JEFFREY LESNOY
                                     ------------------------------------------
                                     Name: Jeffrey Lesnoy
                                     Title: Senior Vice President, Controller



                                 Imperial Premium Finance, Inc.

                                 BY: /S/ JEFFREY LESNOY
                                     ------------------------------------------
                                     Name: Jeffrey Lesnoy
                                     Title: Senior Vice President, Controller



                                 Imperial Premium Finance, Inc.

                                 BY: /S/ JEFFREY LESNOY
                                     ------------------------------------------
                                     Name: Jeffrey Lesnoy
                                     Title: Senior Vice President, Controller

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                                 Imperial Premium Funding, Inc.

                                 BY: /S/ JEFFREY LESNOY
                                     ------------------------------------------
                                     Name: Jeffrey Lesnoy
                                     Title: Senior Vice President, Controller