American International Group, Inc. New · NYSE:AIG
American International Group, Inc. New — American International Group — Investor Presentation (September 2013)
16 slides from American International Group, Inc. New's investor presentation, Sep 19, 2013
Slide 1: AIG Property Casualty Asia Pacific
American International Group, Inc. AIG Property Casualty Asia Pacific September 19, 2013
Slide 2: Cautionary Statement Regarding Projections and Other Information About Future Events
Cautionary Statement Regarding Projections and Other Information About Future Events This document and the remarks made within this presentation may include, and officers and representatives of American International Group, Inc. (AIG) may from time to time make, projections, goals, assumptions and s
Slide 3: AIG Property Casualty – Business Overview
AIG Property Casualty – Business Overview AIG Property Casualty is a diversified global P&C market leader with 2012 NPW of over $34 billion. Segments Commercial Consumer Other Global Network – operations NPW – $20.3BN NPW – $14.1BN in over 90 countries with 44,000 employees worldwide Casualty Acci
Slide 4: Asia Pacific Region
AIG Property Casualty – Asia Pacific Region Leading insurer in the Asia Pacific region with approximately 20,000(1) employees across 16 jurisdictions. Pacific 1) Including agents. 4
Slide 5: Asia Pacific Business Overview
AIG Property Casualty – Asia Pacific Business Overview Large, diversified portfolio with NPW of $10.4BN in 2012. Segments Commercial Consumer Regional presence – NPW – $2.0BN NPW – $8.4BN expanding, vibrant and under- insured regional economies offer opportunities for growth Casualty Accident & He
Slide 6: Business Dimensions – Mature and Developing Markets
Business Dimensions – Mature and Developing Markets Strong and stable, positive market outlook expected for Asia Pacific region. (2012 GDP, $ bn) Mature Markets (2012-2017 CAGR) 7,000 8% $5,984 7.1% 7.2% 7% 6,000 6.7% 6% 5,000 5% 4,000 4.2% 3.0% 4% 3,000 3.1% 2012 GDP ($ bn) 3% 2,000 2.0% $1,542 201
Slide 7: Asia Pacific Distribution
AIG Property Casualty - Asia Pacific Distribution Diverse mix of business serviced through a variety of distribution channels. Full-time, professional agents often Distribution by GPW Independent Agency represent more than one insurer (i.e., co-registered) Employees recruited specifically for Dire
Slide 8: Business Dimensions – Asia Pacific Competitive Landscape
Business Dimensions – Asia Pacific Competitive Landscape Japan Singapore Korea Australia Hong Kong China* Year of AIG entry 1946 1953 1954 1957 1930s 1919 AIG Mkt position 4 1 13 9 3 7 AIG % Share 7.7% 12.9% 0.8% 1.5% 5.0% 2.0% Top 5 Mkt Share 93% 48% 77% 72% 26% 73% Territory Major Competitors Toki
Slide 9: Asia Pacific Strategic Focus
AIG Property Casualty – Asia Pacific Strategic Focus Vision: To be the most valued insurer Customers Business Underwriting Claims Operational Capital Mix Excellence Services Effectiveness Management Commercial Consumer Enablers Human Resources Science IT Data Management 9
Slide 10: Enablers for Customer Centricity
AIG Property Casualty – Enablers for Customer Centricity Segmentation Distribution PICC Agency Marketing JV Direct Marketing Partnerships Agency Expansion Manufacturing Life Insurance A&H / Travel Personal Lines Simplified Property/Liability (niche) Segmentation 10
Slide 11: History of AIG Japan
History of AIG Japan AIG has a long history of growth in Japan supported by both organic expansion and acquisition. 2010 2000 AIG sells AIG makes Star/Edison Life initial equity & ALICO 1960 investment in Expected 2015 1918 American Home Fuji F&M 2011 AIUI & Fuji F&M Merger Fuji Fire & Marine Assura
Slide 12: Japanese Insurance Market
Japanese Insurance Market The low penetration and density in the market provides numerous opportunities for selected growth and innovation. 2nd largest non-life and life market in the world Low penetration and density compared to leading Western markets Corporate Japan significantly under-insu
Slide 13: Japan Business Overview
AIG Property Casualty – Japan Business Overview 4th largest insurance group in the country with NPW of $8.0BN in 2012. History – 1st and largest Segments foreign non-life insurance group in Japan which started Commercial Consumer business in 1946 NPW – $1BN NPW – $7.0BN Recognition – 1st in Cust
Slide 14: Simplified & Customer Centric SME
AIG Property Casualty – Simplified & Customer Centric SME Product: Providing key coverages in a tailored combination using building blocks Distribution: Leveraging the “Captive (IS & ICON) Agency” relationship and “Hojinkai” relationship A B C Understanding your business Identifying the risks Fa
Slide 15: AIUI / FFM Merger
AIG Property Casualty – AIUI / FFM Merger The combination of AIG’s Japan agency companies to result in a cutting edge platform for agents, SME’s and consumers. • Worldwide network • Nationwide network of approx. 25,000 • High product development capability to agencies and PA. match segmented/target
Slide 16: AIG – Bring on tomorrow
AIG Bring on tomorrow
American International Group — Investor Presentation (September 2013) on 6ix