. . . EXHIBIT 21 Subsidiaries of Registrant % OF VOTING SECURITIES JURISDICTION OF OWNED BY ITS INCORPORATION IMMEDIATE OR ORGANIZATION PARENT((2) - ---------------------------------------------------------------------------------------------------------------------------- American International Group, Inc. (Registrant)(1) Delaware (3) AIG Assurance Canada Canada 100%(4) AIG Aviation, Inc. Georgia 100% AIG Bulgaria Insurance and Reinsurance Company AD Bulgaria 100% AIG Capital Corporation Delaware 100% International Lease Finance Corporation California 64.85%(5) AIG Capital Management Corp. Delaware 100% AIG Claim Services, Inc. Delaware 100% AIG Consumer Finance Group, Inc. Delaware 100% AIG Bank Polska S.A. Poland 97.23% AIG Credit S.A. Poland 80% Compania Financiera Argentina S.A. Argentina 92.7% AIG Credit Corp. Delaware 100% A.I. Credit Corp. New Hampshire 100% Imperial Premium Finance, Inc. California 100% Imperial Premium Finance, Inc. Delaware 100% AIG Equity Sales Corp. New York 100% AIG Federal Savings Bank Delaware 100% AIG Finance Holdings, Inc. New York 100% AIG Finance (Hong Kong) Limited Hong Kong 100% AIG Financial Products Corp. Delaware 100% AIG Matched Funding Corp. Delaware 100% Banque AIG France 90%(6) AIG Funding, Inc. Delaware 100% AIG Global Investment Group, Inc. Delaware 100% AIG Capital Partners, Inc. Delaware 100% AIG Global Investment Corp. New Jersey 100% John McStay Investment Counsel, L.P. Texas 83.84% AIG Global Real Estate Investment Corp. Delaware 100% AIG Global Trade & Political Risk Insurance Company New Jersey 100% A.I.G. Golden Insurance Ltd. Israel 50.01% AIG Life Insurance Company Delaware 78.9%(7) AIG Life Insurance Company of Canada Canada 100% AIG Life Insurance Company of Puerto Rico Puerto Rico 100% AIG Marketing, Inc. Delaware 100% AIG Memsa, Inc. Delaware 100% Tata AIG General Insurance Company Limited India 26% AIG Private Bank Ltd. Switzerland 100% AIG Risk Management, Inc. New York 100% AIG Star Life Insurance Co., Ltd. Japan 100%(4) AIGTI, Inc. Delaware 100% AIG Trading Group Inc. Delaware 100% AIG International Inc. Delaware 100% AIU Insurance Company New York 52%(8) AIU North America, Inc. New York 100% American General Corporation Texas 100% American General Bancassurance Services, Inc. Illinois 100% USMRP, Ltd. Turks & Caicos 100% AGC Life Insurance Company Missouri 100% AIG Life of Bermuda, Ltd. Bermuda 100% American General Life and Accident Insurance Company Tennessee 100% American General Life Insurance Company Texas 100% American General Annuity Service Corporation Texas 100% II-11 Subsidiaries of Registrant--(continued) % OF VOTING SECURITIES JURISDICTION OF OWNED BY ITS INCORPORATION IMMEDIATE OR ORGANIZATION PARENT((2) - ---------------------------------------------------------------------------------------------------------------------------- American General Enterprise Services, LLC Delaware 100% American General Equity Services Corporation Delaware 100% American General Life Companies, LLC Delaware 100% The Variable Annuity Life Insurance Company Texas 100% VALIC Retirement Services Company Texas 100% VALIC Trust Company Texas 100% American General Property Insurance Company Tennessee 51.85%(9) American General Property Insurance Company of Florida Florida 100% AIG Annuity Insurance Company Texas 100% North Central Life Insurance Company Minnesota 100% North Central Caribbean Life, Ltd. Nevis 100% The Old Line Life Insurance Company of America Wisconsin 100% The United States Life Insurance Company in the City of New York New York 100% American General Finance, Inc. Indiana 100% AGF Investment Corp. Indiana 100% American General Auto Finance, Inc. Delaware 100% American General Finance Corporation Indiana 100% MorEquity, Inc. Nevada 100% Wilmington Finance, Inc. Delaware 100% The National Life and Accident Insurance Company Texas 100% CommoLoCo, Inc. Puerto Rico 100% Merit Life Insurance Co. Indiana 100% Yosemite Insurance Company Indiana 100% American General Financial Services of Alabama, Inc. Alabama 100% HSA Residential Mortgage Services of Texas, Inc. Delaware 100% American General Investment Management Corporation Delaware 100% American General Realty Investment Corporation Texas 100% American General Assurance Company Illinois 100% American General Indemnity Company Nebraska 100% USLIFE Credit Life Insurance Company of Arizona Arizona 100% Knickerbocker Corporation Texas 100% American Home Assurance Company New York 100% AIG Hawaii Insurance Company, Inc. Hawaii 100% American Pacific Insurance Company, Inc. Hawaii 100% American International Insurance Company New York 100% American International Insurance Company of California, Inc. California 100% American International Insurance Company of New Jersey New Jersey 100% Minnesota Insurance Company Minnesota 100% American International Realty Corp. Delaware 31.47%(10) Pine Street Real Estate Holdings Corp. New Hampshire 31.47%(10) Transatlantic Holdings, Inc. Delaware 33.63%(11) Transatlantic Reinsurance Company New York 100% Putnam Reinsurance Company New York 100% Trans Re Zurich Switzerland 100% American International Group Data Center, Inc. New Hampshire 100% American International Insurance Company of Delaware Delaware 100% American International Life Assurance Company of New York New York 77.52%(12) American International Reinsurance Company, Ltd. Bermuda 100% 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% II-12 Subsidiaries of Registrant--(continued) % OF VOTING SECURITIES JURISDICTION OF OWNED BY ITS INCORPORATION IMMEDIATE OR ORGANIZATION PARENT((2) - ---------------------------------------------------------------------------------------------------------------------------- Nan Shan Life Insurance Company, Ltd. Taiwan 95% American International Underwriters Corporation New York 100% American International Underwriters Overseas, Ltd. Bermuda 100% AIG Europe (Ireland) Ltd. Ireland 100% AIG Europe (U.K.) Limited England 100% AIG Interamericana Compania de Seguros Gerais (Brazil) Brazil 50% Universal Insurance Co., Ltd. Thailand 100% La Seguridad de Centroamerica, Compania de Seguros, Sociedad Anonima Guatemala 100% American International Insurance Company of Puerto Rico Puerto Rico 100% La Interamerica Compania de Seguros Generales S.A. Colombia 100% American International Underwriters G.m.b.H Germany 100% Underwriters Adjustment Company, Inc. Panama 100% American Life Insurance Company Delaware 100% AIG Life (Bulgaria) Z.D. A.D. Bulgaria 100% AIG Participacoes do Brasil, S.A. Brazil 100% ALICO, S.A. France 100% American Life Insurance Company (Kenya) Limited Kenya 66.7% Pharaonic American Life Insurance Company Egypt 71.6% American Security Life Insurance Company, Ltd. Switzerland 100% American Security Life Insurance Company Lichtenstein 100% Birmingham Fire Insurance Company of Pennsylvania Pennsylvania 100% China America Insurance Company, Ltd. Delaware 50% Commerce and Industry Insurance Company New York 100% Commerce and Industry Insurance Company of Canada Ontario 100% Delaware American Life Insurance Company Delaware 100% Hawaii Insurance Consultants, Ltd. Hawaii 100% HSB Group, Inc. Delaware 100% The Hartford Steam Boiler Inspection and Insurance Company Connecticut 100% Allen Insurance Company Ltd. (Bermuda) Bermuda 100% 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% The Insurance Company of the State of Pennsylvania Pennsylvania 100% Landmark Insurance Company California 100% Mt. Mansfield Company, Inc. Vermont 100% National Union Fire Insurance Company of Pittsburgh, Pa. Pennsylvania 100% American International Specialty Lines Insurance Company Alaska 70%(13) Lexington Insurance Company Delaware 70%(13) JI Accident & Fire Insurance Co. 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 California 33.03%(14) 21st Century Insurance Company California 100% 21st Century Casualty Company California 100% 21st Century Insurance Company of Arizona Arizona 100% Starr Excess Liability Insurance Company, Ltd. Delaware 100% Starr Excess Liability Insurance International Limited Ireland 100% NHIG Holding Corp. Delaware 100% Audubon Insurance Company Louisiana 100% Audubon Indemnity Company Mississippi 100% Agency Management Corporation Louisiana 100% The Gulf Agency, Inc. Alabama 100% New Hampshire Insurance Company Pennsylvania 100% II-13 Subsidiaries of Registrant--(continued) % OF VOTING SECURITIES JURISDICTION OF OWNED BY ITS INCORPORATION IMMEDIATE OR ORGANIZATION PARENT((2) - ---------------------------------------------------------------------------------------------------------------------------- AIG Europe, S.A. France (15) AI Network Corporation Delaware 100% American International Pacific Insurance Company Colorado 100% American International South Insurance Company Pennsylvania 100% Granite State Insurance Company Pennsylvania 100% New Hampshire Indemnity Company, Inc. Pennsylvania 100% AIG National Insurance Company, Inc. New York 100% Illinois National Insurance Co. Illinois 100% New Hampshire Insurance Services, Inc. New Hampshire 100% Pharaonic Insurance Company, S.A.E. Egypt 90% The Philippine American Life and General Insurance Company Philippines 99% Pacific Union Assurance Company California 100% The Philippine American General Insurance Company, Inc. Philippines 100% Philam Insurance Company, Inc. Philippines 100% Risk Specialist Companies, Inc. Delaware 100% AIG SunAmerica Inc. Delaware 100% SunAmerica Investments, Inc. Georgia 50%(16) AIG Advisor Group, Inc. Maryland 100% Advantage Capital Corporation New York 100% FSC Securities Corporation Delaware 100% Sentra Securities Corporation California 100% Spelman & Co., Inc. California 100% SunAmerica Securities, Inc. Delaware 100% SunAmerica Life Insurance Company Arizona 100% AIG SunAmerica Life Assurance Company Arizona 100%(17) First SunAmerica Life Insurance Company New York 100% Saamsun Holdings Corp. Delaware 100% AIG SunAmerica Capital Services, Inc. Delaware 100% SAM Holdings Corporation California 100% AIG SunAmerica Asset Management Corp. Delaware 100% Sun Royal Holdings Corporation California 100% Royal Alliance Associates, Inc. Delaware 100% United Guaranty Corporation North Carolina 36.31%(18) 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 80% United Guaranty Residential Insurance Company of North Carolina North Carolina 100% United Guaranty Residential Insurance Company North Carolina 75%(19) United Guaranty Commercial Insurance Company of North Carolina North Carolina 100% United Guaranty Mortgage Indemnity Company North Carolina 100% United Guaranty Credit Insurance Company North Carolina 100% United Guaranty Services, Inc. North Carolina 100% II-14 Subsidiaries of Registrant--(continued) ================================================================================ (1) 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. (2) Percentages include directors' qualifying shares. (3) The common stock is owned approximately 12.0 percent by SICO, 1.8 percent by Starr and 2.2 percent by The Starr Foundation. (4) Indirect wholly-owned subsidiary. (5) Also owned 35.15 percent by National Union. (6) Also owned 10 percent by AIG Matched Funding Corp. (7) Also owned 21.1 percent by Commerce & Industry Insurance Company. (8) Also owned 8 percent by The Insurance Company of the State of Pennsylvania, 32 percent by National Union, and 8 percent by Birmingham. (9) Also owned 48.15 percent by American General Life and Accident Insurance Company. (10) Also owned by 11 other AIG subsidiaries. (11) Also owned 26.08 percent by AIG. (12) Also owned 22.48 percent by American Home. (13) Also owned 20 percent by The Insurance Company of the State of Pennsylvania and 10 percent by Birmingham. (14) Also owned 16.85 percent by American Home, 6.34 percent by Commerce & Industry Insurance Company and 6.34 percent by New Hampshire. (15) 100 percent to be held with other AIG companies. (16) Also owned 50 percent by SunAmerica Life Insurance Company. (17) Formerly known as Anchor National Life Insurance Company. (18) Also owned 45.88 percent by National Union, 16.95 percent by New Hampshire and 0.86 percent by The Insurance Company of the State of Pennsylvania. (19) Also owned 25 percent by United Guaranty Residential Insurance Company of North Carolina. II-15