Political Activities and Contributions

AIG regularly communicates with government and regulatory officials regarding the issues that impact our company. These include the regulation of insurance product design, pricing and taxation; market conduct; the regulation of underwriting and claims handling and retirement security.

We anticipate these traditional industry issues will continue to absorb most of our regulatory monitoring and advocacy efforts. Climate change is increasingly a focus area for regulators in recent years. We’ve engaged with government and regulatory officials to better understand the evolving policy frameworks regarding climate change.

These advocacy efforts reflect AIG’s belief that climate risk regulation is necessary, important and inevitable, and that insurers can play an important role in climate adaptation, mitigation and assisting with the transition to a low-carbon economy. Our engagement included providing feedback to policymakers based on our insurance expertise and communicating our position that regulations should be sensible, risk-based and consistent across jurisdictions to avoid a proliferation of competing standards that will overburden organizations and potentially yield an inconsistent impact across insurers.

All of our engagement is done in compliance with local regulations, disclosure requirements and reporting requirements.