American International Group, Inc. New · NYSE:AIG
American International Group, Inc. New — American International Group — IPO Roadshow (September 2010)
6 slides from American International Group, Inc. New's IPO roadshow presentation, Sep 27, 2010
Slide 1: Financial Update September 2010
Financial Update September 2010 AIA confidential and proprietary information. Not for distribution.
Slide 2: Disclaimer
Disclaimer This document and any oral commentary, statements, questions, answers and responses at the 3Q10 results update (the “3Q10 Results Update”) held in connection with the proposed initial public offering of the Company (collectively, the “document”) has been prepared by AIA Group Limited (the
Slide 3: Continued Long-Term Premium Growth
Continued Long-Term Premium Growth New Record for 4-Quarter Average Renewals TWPI and Renewal Premium 4-Quarter Moving Average (US$ Bn) 3.1 3.1 3.1 3.0 3.0 3.0 2.9 2.9 2.9 2.8 2.8 2.8 2.7 2.6 2.4 2.4 2.5 2.4 2.4 2.4 2.4 2.4 2.3 2.2 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 TWPI Ren
Slide 4: Sustained Increase in Value of New Business
Sustained Increase in Value of New Business YTD ANP (US$ MM) 1,390 5% 1,325 VONB Margin (1) 33% 6 pps 27% 9M09 9M10 9M09 9M10 9M09 9M10 Source: AIA (1) HK stat basis; excludes corporate pension businesses from VONB in the calculation of VONB margin (2) HK stat basis; includes corporate pension busin
Slide 5: 3Q2010 New Business Trends
3Q2010 New Business Trends Quarterly ANP Grew 12%; VONB Impacted by Targeted Low-Margin Sales ANP (US$ MM) 503 450 12% VONB Margin (1) 34% 2pps 32% VONB (2) (US$ MM) 5% 160 152 2Q10 3Q10 2Q10 3Q10 2Q10 3Q10 Source: AIA (1) HK stat basis; excludes corporate pension businesses from VONB in the calcula
Slide 6: Key Highlights
Key Highlights Continued long-term premium growth ¯ New record for four-quarter average renewals at US$2.7 Bn ¯ TWPI growth across all markets both on a 9M and quarterly basis Upward new business momentum confirmed on a 9M basis ¯ Improved volume as well as profitability despite recent events ¯ 9M10
American International Group — IPO Roadshow (September 2010) on 6ix