<ARTICLE> 7
<LEGEND>
                                            Exhibit 27
      AMERICAN INTERNATIONAL GROUP, INC.
           Financial Data Schedule
For the twelve months ended December 31, 1994
    (In thousands, except per share amounts)
</LEGEND>
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1994
<PERIOD-END>                               DEC-31-1994
<DEBT-HELD-FOR-SALE>                        21,812,600
<DEBT-CARRYING-VALUE>                       13,041,807
<DEBT-MARKET-VALUE>                         13,109,700
<EQUITIES>                                   5,099,171
<MORTGAGE>                                   1,741,643
<REAL-ESTATE>                                1,256,504
<TOTAL-INVEST>                              76,714,248
<CASH>                                          76,237
<RECOVER-REINSURE>                          16,289,607
<DEFERRED-ACQUISITION>                       5,132,245
<TOTAL-ASSETS>                             114,346,117
<POLICY-LOSSES>                             48,867,577
<UNEARNED-PREMIUMS>                          6,318,754
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                        8,438,784
<NOTES-PAYABLE>                             11,984,159
<COMMON>                                       843,477
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                  15,578,184
<TOTAL-LIABILITY-AND-EQUITY>               114,346,117
<PREMIUMS>                                  17,011,152
<INVESTMENT-INCOME>                          3,183,520
<INVESTMENT-GAINS>                              86,853
<OTHER-INCOME>                                (68,591)
<BENEFITS>                                  13,788,162
<UNDERWRITING-AMORTIZATION>                  1,492,675
<UNDERWRITING-OTHER>                         2,465,448
<INCOME-PRETAX>                              2,951,979
<INCOME-TAX>                                   776,464
<INCOME-CONTINUING>                          2,175,515
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,175,515
<EPS-PRIMARY>                                     6.87
<EPS-DILUTED>                                     6.87
<RESERVE-OPEN>                              17,557,000
<PROVISION-CURRENT>                          8,158,400
<PROVISION-PRIOR>                            (152,800)
<PAYMENTS-CURRENT>                           1,997,400
<PAYMENTS-PRIOR>                             5,146,300
<RESERVE-CLOSE>                             18,418,900
<CUMULATIVE-DEFICIENCY>                      (122,700)