American International (AIG) 10-K 2007 FY Annual report

American International Group, Inc. and Subsidiaries

Subsidiaries of Registrant

Exhibit 21

			Percentage
			of Voting
			Securities
		Jurisdiction of	held by
		Incorporation or	Immediate
As of December 31, 2007		Organization	Parent1
American International Group, Inc.(2)		Delaware			(3)
	AIG Capital Corporation	Delaware		100
	AIG Capital India Private Limited	India		99.99	(4)
	AIG Global Asset Management Company (India) Private Limited	India		99	(5)
	AIG Consumer Finance Group, Inc.	Delaware		100
	AIG Bank Polska S.A.	Poland		99.92
	AIG Credit SA	Poland		100
	Compania Financiera Argentina S.A.	Argentina		100
	AIG Credit Corp.	Delaware		100
	A.I. Credit Consumer Discount Company	Pennsylvania		100
	A.I. Credit Corp.	New Hampshire		100
	AICCO, Inc.	Delaware		100
	AICCO, Inc.	California		100
	AIG Credit Corp. of Canada	Canada		100
	Imperial Premium Funding, Inc.	Delaware		100
	AIG Equipment Finance Holdings, Inc.	Delaware		100
	AIG Commercial Equipment Finance, Inc.	Delaware		100
	AIG Commercial Equipment Finance Company, Canada	Canada		100
	AIG Rail Services, Inc.	Delaware		100
	AIG Finance Holdings, Inc.	New York		100
	AIG Finance (Hong Kong) Limited	Hong Kong		100
	American General Finance, Inc.	Indiana		100
	American General Auto Finance, Inc.	Delaware		100
	American General Finance Corporation	Indiana		100
	Merit Life Insurance Co.	Indiana		100
	MorEquity, Inc.	Nevada		100
	Wilmington Finance, Inc.	Delaware		100
	Ocean Finance and Mortgages Limited	England		100
	Yosemite Insurance Company	Indiana		100
	CommoLoCo, Inc.	Puerto Rico		100
	American General Financial Services of Alabama, Inc.	Delaware		100
	AIG Global Asset Management Holdings Corp.	Delaware		100
	AIG Asset Management Services, Inc.	Delaware		100
	AIG Capital Partners, Inc.	Delaware		100
	AIG Equity Sales Corp.	New York		100
	AIG Global Investment Corp.	New Jersey		100
	AIG Global Real Estate Investment Corp.	Delaware		100
	AIG Securities Lending Corp.	Delaware		100
	Brazos Capital Management, L.P.	Delaware		100
	International Lease Finance Corporation	California		67.23	(6)
	AIG Egypt Insurance Company S.A.E.	Egypt		90.05	(7)
	AIG Federal Savings Bank	USA		100
	AIG Financial Advisor Services, Inc.	Delaware		100
	AIG Global Investment (Luxembourg) S.A.	Luxembourg		100
	AIG Financial Products Corp.	Delaware		100
	AIG Matched Funding Corp.	Delaware		100
	Banque AIG	France		90	(8)
	AIG Funding, Inc.	Delaware		100
	AIG Global Trade & Political Risk Insurance Company	New Jersey		100
	AIG Israel Insurance Company Ltd.	Israel		50.01
	AIG Kazakhstan Insurance Company	Kazakhstan		60

AIG 2007 Form 10-K        215

American International Group, Inc. and Subsidiaries

Subsidiaries of Registrant Continued

		Percentage
		of Voting
		Securities
	Jurisdiction of	held by
	Incorporation or	Immediate
As of December 31, 2007	Organization	Parent1
AIG Life Holdings (International) LLC	Delaware		100
AIG Star Life Insurance Co., Ltd.	Japan		100
American International Reinsurance Company, Ltd.	Bermuda		100
AIG Edison Life Insurance Company	Japan		90	(9)
American International Assurance Company, Limited	Hong Kong		100
American International Assurance Company (Australia) Limited	Australia		100
American International Assurance Company (Bermuda) Limited	Bermuda		100
American International Assurance Co. (Vietnam) Limited	Vietnam		100
Tata AIG Life Insurance Company Limited	India		26
Nan Shan Life Insurance Company, Ltd.	Taiwan		95.27
AIG Life Holdings (US), Inc.	Texas		100
AGC Life Insurance Company	Missouri		100
AIG Annuity Insurance Company	Texas		100
AIG Life Holdings (Canada), ULC	Canada		100
AIG Assurance Canada	Canada		100
AIG Life Insurance Company of Canada	Canada		100
AIG Life of Bermuda, Ltd.	Bermuda		100
AIG Life Insurance Company	Delaware		100
American General Life and Accident Insurance Company	Tennessee		100
Volunteer Vermont Holdings, LLC	Vermont		100
Volunteer Vermont Reinsurance Company	Vermont		100
American General Life Insurance Company	Texas		100
AIG Enterprise Services, LLC	Delaware		100
American General Annuity Service Corporation	Texas		100
American General Life Companies, LLC	Delaware		100
The Variable Annuity Life Insurance Company	Texas		100
AIG Retirement Services Company	Texas		100
American International Life Assurance Company of New York	New York		100
American General Bancassurance Services, Inc.	Illinois		100
American General Property Insurance Company	Tennessee		51.85	(10)
American General Property Insurance Company of Florida	Florida		100
The United States Life Insurance Company in the City of New York	New York		100
American General Assurance Company	Illinois		100
American General Indemnity Company	Illinois		100
American General Investment Management Corporation	Delaware		100
American General Realty Investment Corporation	Texas		100
Knickerbocker Corporation	Texas		100
AIG Life Insurance Company of Puerto Rico	Puerto Rico		100
AIG Life Insurance Company (Switzerland) Ltd.	Switzerland		100
AIG Liquidity Corp.	Delaware		100
AIG Privat Bank AG	Switzerland		100
AIG Property Casualty Group, Inc.	Delaware		100
AIG Commercial Insurance Group, Inc.	Delaware		100
AIG Aviation, Inc.	Georgia		100
AIG Casualty Company	Pennsylvania		100
AIG Risk Management, Inc.	New York		100
AIU Insurance Company	New York		52	(11)
AIG General Insurance Company China Limited	China		100
AIG General Insurance (Taiwan) Co., Ltd.	Taiwan		100

216        AIG 2007 Form 10-K

American International Group, Inc. and Subsidiaries

Subsidiaries of Registrant Continued

		Percentage
		of Voting
		Securities
	Jurisdiction of	held by
	Incorporation or	Immediate
As of December 31, 2007	Organization	Parent1
American Home Assurance Company	New York		100
AIG General Insurance (Malaysia) Berhad	Malaysia		100
AIG Hawaii Insurance Company, Inc.	Hawaii		100
American Pacific Insurance Company, Inc.	Hawaii		100
American International Realty Corp.	Delaware		31.5	(12)
Pine Street Real Estate Holdings Corp.	New Hampshire		31.47	(13)
Transatlantic Holdings, Inc.	Delaware		33.24	(14)
Transatlantic Reinsurance Company	New York		100
Putnam Reinsurance Company	New York		100
Trans Re Zurich	Switzerland		100
American International Surplus Lines Agency, Inc.	New Jersey		100
Audubon Insurance Company	Louisiana		100
Agency Management Corporation	Louisiana		100
The Gulf Agency, Inc.	Alabama		100
Audubon Indemnity Company	Mississippi		100
Commerce and Industry Insurance Company	New York		100
American International Insurance Company	New York		50	(15)
AIG Advantage Insurance Company	Minnesota		100
American International Insurance Company of California, Inc.	California		100
American International Insurance Company of New Jersey	New Jersey		100
Commerce and Industry Insurance Company of Canada	Canada		100
The Insurance Company of the State of Pennsylvania	Pennsylvania		100
Landmark Insurance Company	California		100
National Union Fire Insurance Company of Pittsburgh, Pa	Pennsylvania		100
AIG Domestic Claims, Inc.	Delaware		100
American International Specialty Lines Insurance Company	Illinois		70	(16)
Lexington Insurance Company	Delaware		70	(17)
AIG Centennial Insurance Company	Pennsylvania		100
AIG Auto Insurance Company of New Jersey	New Jersey		100
AIG Preferred Insurance Company	Pennsylvania		100
AIG Premier Insurance Company	Pennsylvania		100
AIG Indemnity Insurance Company	Pennsylvania		100
JI Accident & Fire Insurance Company, Ltd.	Japan		50
National Union Fire Insurance Company of Louisiana	Louisiana		100
National Union Fire Insurance Company of Vermont	Vermont		100
21st Century Insurance Group	Delaware		32	(18)
21st Century Casualty Company	California		100
21st Century Insurance Company	California		100
21st Century Insurance Company of the Southwest	Texas		100
AIG Excess Liability Insurance Company Ltd.	Delaware		100
AIG Excess Liability Insurance International Limited	Ireland		100
New Hampshire Insurance Company	Pennsylvania		100
AI Network Corporation	Delaware		100
AIG Europe, S.A.	France		70.48	(19)
American International Pacific Insurance Company	Colorado		100
American International South Insurance Company	Pennsylvania		100
Granite State Insurance Company	Pennsylvania		100
Illinois National Insurance Co.	Illinois		100
New Hampshire Indemnity Company, Inc.	Pennsylvania		100
AIG National Insurance Company, Inc.	New York		100
New Hampshire Insurance Services, Inc.	New Hampshire		100
Risk Specialists Companies, Inc.	Delaware		100
HSB Group, Inc.	Delaware		100
The Hartford Steam Boiler Inspection and Insurance Company	Connecticut		100

AIG 2007 Form 10-K        217

American International Group, Inc. and Subsidiaries

Subsidiaries of Registrant Continued

		Percentage
		of Voting
		Securities
	Jurisdiction of	held by
	Incorporation or	Immediate
As of December 31, 2007	Organization	Parent1
The Hartford Steam Boiler Inspection and Insurance Company of Connecticut	Connecticut		100
HSB Engineering Insurance Limited	England		100
The Boiler Inspection and Insurance Company of Canada	Canada		100
United Guaranty Corporation	North Carolina		36.31	(20)
A.I.G. Mortgage Holdings Israel, Ltd.	Israel		87.32
E.M.I. - Ezer Mortgage Insurance Company, Ltd.	Israel		100
AIG United Guaranty Agenzia Di Assirazione S.R.L	Italy		100
AIG United Guaranty Insurance (Asia) Limited	Hong Kong		100
AIG United Guaranty Mexico, S.A.	Mexico		100
AIG United Guaranty Mortgage Insurance Company Canada	Canada		100
AIG United Guaranty Re, Ltd.	Ireland		100
United Guaranty Insurance Company	North Carolina		100
United Guaranty Mortgage Insurance Company	North Carolina		100
United Guaranty Mortgage Insurance Company of North Carolina	North Carolina		100
United Guaranty Partners Insurance Company	Vermont		100
United Guaranty Residential Insurance Company	North Carolina		75.03	(21)
United Guaranty Credit Insurance Company	North Carolina		100
United Guaranty Commercial Insurance Company of North Carolina	North Carolina		100
United Guaranty Mortgage Indemnity Company	North Carolina		100
United Guaranty Residential Insurance Company of North Carolina	North Carolina		100
United Guaranty Services, Inc.	North Carolina		100
AIG Marketing, Inc.	Delaware		100
American International Insurance Company of Delaware	Delaware		100
Hawaii Insurance Consultants, Ltd.	Hawaii		100
AIG Retirement Services, Inc.	Delaware		100
SunAmerica Life Insurance Company	Arizona		100
SunAmerica Investments, Inc.	Georgia		70	(22)
AIG Advisor Group, Inc.	Maryland		100
AIG Financial Advisors, Inc.	Delaware		100
Advantage Capital Corporation	New York		100
American General Securities Incorporated	Texas		100
FSC Securities Corporation	Delaware		100
Royal Alliance Associates, Inc.	Delaware		100
AIG SunAmerica Life Assurance Company	Arizona		100
AIG SunAmerica Asset Management Corp.	Delaware		100
AIG SunAmerica Capital Services, Inc.	Delaware		100
First SunAmerica Life Insurance Company	New York		100
AIG Global Services, Inc.	New Hampshire		100
AIG Trading Group Inc.	Delaware		100
AIG International Inc.	Delaware		100
AIU Holdings LLC	Delaware		100
AIG Central Europe & CIS Insurance Holdings Corporation	Delaware		100
AIG Bulgaria Insurance and Reinsurance Company EAD	Bulgaria		100
AIG Czech Republic pojistovna, a.s.	Czech Republic		100
AIG Memsa Holdings, Inc.	Delaware		100
AIG Hayleys Investment Holdings (Private) Ltd.	Sri Lanka		80
Hayleys AIG Insurance Company Limited	Sri Lanka		100
AIG Iraq, Inc.	Delaware		100
AIG Lebanon S.A.L.	Lebanon		100
AIG Libya, Inc.	Delaware		100
AIG Sigorta A.S.	Turkey		100
Tata AIG General Insurance Company Limited	India		26

218        AIG 2007 Form 10-K

American International Group, Inc. and Subsidiaries

Subsidiaries of Registrant Continued

		Percentage
		of Voting
		Securities
	Jurisdiction of	held by
	Incorporation or	Immediate
As of December 31, 2007	Organization	Parent1
AIU Africa Holdings, Inc.	Delaware		100
AIG Kenya Insurance Company Limited	Kenya		66.67
AIU North America, Inc.	New York		100
American International Underwriters Corporation	New York		100
American International Underwriters Overseas, Ltd.	Bermuda		100
A.I.G. Colombia Seguros Generales S.A.	Colombia		94	(23)
AIG Brasil Companhia de Seguros S.A.	Brazil		50
AIG Europe (Ireland) Limited	Ireland		100
AIG General Insurance (Thailand) Ltd.	Thailand		100
AIG General Insurance (Vietnam) Company Limited	Vietnam		100
AIG MEMSA Insurance Company Limited	United Arab Emirates		100
AIG UK Holdings Limited	England		82.8	(24)
AIG Germany Holding GmbH	Germany		100
Wurttembergische und Badische Versicherungs-AG	Germany		100
DARAG Deutsche Versicherungs-und Ruckversicherungs-Aktiengesellschaft	Germany		100
AIG UK Financing Limited	England		100
AIG UK Sub Holdings Limited	England		100
AIG UK Limited	England		100
AIG UK Services Limited	England		100
AIG Takaful - Enaya B.S.C.	Bahrain		100
American International Insurance Company of Puerto Rico	Puerto Rico		100
Arabian American Insurance Company (Bahrain) E.C.	Bahrain		100
La Meridional Compania Argentina de Seguros S.A.	Argentina		100
La Seguridad de Centroamerica Compania de Seguros S.A.	Guatemala		100
Richmond Insurance Company Limited	Bermuda		100
Underwriters Adjustment Company, Inc.	Panama		100
American Life Insurance Company	Delaware		100
AIG Life Bulgaria Zhivotozastrahovatelna Druzhestvo .A.D.	Bulgaria		100
ALICO, S.A.	France		100
First American Polish Life Insurance and Reinsurance Company, S.A.	Poland		100
Inversiones Interamericana S.A.	Chile		99.99
Pharaonic American Life Insurance Company	Egypt		74.87	(25)
Unibanco AIG Seguros S.A.	Brazil		46.06	(26)
American Security Life Insurance Company, Ltd.	Lichtenstein		100
Delaware American Life Insurance Company	Delaware		100
Mt. Mansfield Company, Inc.	Vermont		100
The Philippine American Life and General Insurance Company	Philippines		99.78
Pacific Union Assurance Company	California		100
Philam Equitable Life Assurance Company, Inc.	Philippines		95
Philam Insurance Company, Inc.	Philippines		100

(1)	Percentages include directors’ qualifying shares.
(2)	All subsidiaries listed are consolidated in the accompanying financial statements. Certain subsidiaries have been omitted from the tabulation. The omitted subsidiaries, when considered in the aggregate as a single subsidiary, do not constitute a significant subsidiary.
(3)	The common stock is owned approximately 14.1 percent by C.V. Starr & Co., Inc., Edward E. Matthews, Maurice R. and Corinne P. Greenberg Joint Tenancy Company, LLC, Starr International Company, Inc., The Maurice R. Greenberg and Corinne P. Greenberg Family Foundation, Inc. and the Universal Foundation, Inc.
(4)	Also owned 0.01 percent by AIG Global Investment Corp.
(5)	Also owned 1 percent by AIG Capital Corporation.
(6)	Also owned 32.77 percent by National Union Fire Insurance Company of Pittsburgh, Pa.
(7)	Also owned 4.69 percent by AIG Memsa Holdings, Inc.
(8)	Also owned 10 percent by AIG Matched Funding Corp.
(9)	Also owned 10 percent by a subsidiary of American Life Insurance Company.

(10)  Also owned 48.15 percent by American General Life and Accident Insurance Company.

AIG 2007 Form 10-K        219

American International Group, Inc. and Subsidiaries

Subsidiaries of Registrant Continued

(11)	Also owned 8 percent by The Insurance Company of the State of Pennsylvania, 32 percent by National Union Fire Insurance Company of the Pittsburgh, Pa., and 8 percent by AIG Casualty Company.
(12)	Also owned by 11 other AIG subsidiaries.
(13)	Also owned by 11 other AIG subsidiaries.
(14)	Also owned 25.78 percent by AIG.
(15)	Also owned 25 percent by American Home Assurance Company and 25 percent by AIU Insurance Company.
(16)	Also owned 20 percent by the Insurance Company of the State of Pennsylvania and 10 percent by AIG Casualty Company.
(17)	Also owned 20 percent by the Insurance Company of the State of Pennsylvania and 10 percent by AIG Casualty Company.
(18)	Also owned 16.3 percent by American Home Assurance Company, 31.1 percent by Commerce and Industry Insurance Company and 20.6 percent by New Hampshire Insurance Company.
(19)	100 percent held together with AIG companies.
(20)	Also owned 45.88 percent by National Union Fire Insurance Company of Pittsburgh, Pa., 16.95 percent by New Hampshire Insurance Company and 0.86 percent by The Insurance Company of the State of Pennsylvania.
(21)	Also owned 24.97 percent by United Guaranty Residential Insurance Company of North Carolina.
(22)	Also owned 30 percent by AIG Retirement Services, Inc.
(23)	Also owned 3.24 percent by American International Underwriters de Colombia Ltd.
(24)	Also owned 5.6 percent by American International Company, Limited, 2.5 percent by AIG Europe (Ireland) Ltd., 8.5 percent by American International Underwriters Overseas Association and 0.6 percent by New Hampshire Insurance Company.
(25)	Also owned 7.5 percent by AIG Egypt Insurance Company.
(26)	Also owned 0.92 percent by American International Underwriters Overseas, Ltd.

220        AIG 2007 Form 10-K