UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Section 7 – Regulation FD
Item 7.01. Regulation FD Disclosure.
On January 1, 2023, American International Group, Inc. (the “Company”) adopted Accounting Standard Update 2018-12, Targeted Improvements to the Accounting for Long-Duration Contracts Issued by Insurance Companies (“LDTI”), with a transition date of January 1, 2021.
The Company has updated its Fourth Quarter 2022 Financial Supplement to include revised historical segment results for each of the twelve-month periods ended December 31, 2022 and 2021, and the quarters ended March 31, June 30 and September 30, 2022 to reflect the adoption of LDTI. Information provided in the Fourth Quarter 2022 Financial Supplement is unaudited.
The updated Fourth Quarter 2022 Financial Supplement is available on the Company’s website at www.aig.com. Information contained on the Company’s website or that can be accessed through the Company’s website is not incorporated by reference into this Current Report on Form 8-K. Reference to the Company’s website is made as an inactive textual reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AMERICAN INTERNATIONAL GROUP, INC. (Registrant) | |||
Date: May 4, 2023 | By: | /s/ Prabha Sipi Bhandari | |
Name: | Prabha Sipi Bhandari | ||
Title: | Senior Vice President, Deputy General Counsel and Corporate Secretary |