American International (AIG) 8-K Other Events

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American International Group, Inc., and Subsidiaries

Exhibit 99.4

Computation of Ratios of Earnings to Fixed Charges

Years Ended December 31, (in millions, except ratios)		2009			2008			2007		2006		2005
Earnings:
	Pre-tax income (loss)(a):	$	(14,545	)	$	(105,329	)	$	5,892	$	18,281	$	12,620
	Add – Fixed charges		16,592			20,456			11,470		9,062		7,663
Adjusted Pre-tax income (loss)		$	2,047			(84,873	)		17,362		27,343		20,283
Fixed charges:
	Interest expense	$	15,136		$	17,665		$	4,553	$	3,715	$	2,704
	Portion of rent expense representing interest		244			299			257		219		199
	Interest credited to policy and contract holders		1,212			2,492			6,660		5,128		4,760
Total fixed charges		$	16,592		$	20,456		$	11,470	$	9,062	$	7,663
	Preferred stock dividend requirements	$	1,295		$	400		$	-	$	-	$	-
Total fixed charges and preferred stock dividend requirements		$	17,887		$	20,856		$	11,470	$	9,062	$	7,663
Total fixed charges, excluding interest credited to policy and contract holders		$	15,380		$	17,964		$	4,810	$	3,934	$	2,903
Ratio of earnings to fixed charges:
	Ratio		n/a			n/a			1.51		3.02		2.65
	Coverage deficiency		(14,545	)		(105,329	)		n/a		n/a		n/a
Ratio of earnings to fixed charges and preferred stock dividends:
	Ratio		n/a			n/a			1.51		3.02		2.65
	Coverage deficiency		(15,840	)		(105,729	)		n/a		n/a		n/a
Ratio of earnings to fixed charges, excluding interest credited to policy and contract holders(b):
	Ratio		n/a			n/a			3.61		6.95		6.99
	Coverage deficiency		(13,333	)		(102,837	)		n/a		n/a		n/a

^(a)

From continuing operations, excluding undistributed earnings (loss) from equity method investments and capitalized interest.

^(b)

The Ratio of earnings to fixed charges excluding interest credited to policy and contract holders removes interest credited to guaranteed investment contract (GIC) policyholders and guaranteed investment agreement (GIA) contract holders. Such interest expenses are also removed from earnings used in this calculation. GICs and GIAs are entered into by AIG's insurance subsidiaries, principally SunAmerica Life Insurance Company and AIG Financial Products Corp. and its subsidiaries, respectively. The proceeds from GICs and GIAs are invested in a diversified portfolio of securities, primarily investment grade bonds. The assets acquired yield rates greater than the rates on the related policyholders obligation or contract, with the intent of earning a profit from the spread.

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Exhibit 99.4