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                                                                      Exhibit 23

CONSENT OF INDEPENDENT ACCOUNTANTS



We consent to the incorporation by reference in the Registration Statements of
American International Group, Inc. on Forms S-3 and S-8 (No. 2-38768, No.
2-44043, No. 2-45346, No. 2-51498, No. 2-59317, No. 2-61858, No. 2-62760, No.
2-64336, No. 2-67600, No. 2-72058, No. 2-75874, No. 2-75875, No. 2-78291, No.
2-87005, No. 2-82989, No. 2-90756, No. 2-91945, No. 2-95589, No. 2-97439, No.
33-8495, No. 33-13874, No. 33-18073, No. 33-25291, No. 33-41643, No. 33-48996,
No. 33-57250, No. 33-60327, No. 33-60827 and No. 33-62821) of our report dated
February 22, 1996, on our audits of the consolidated financial statements and
financial statement schedules of American International Group, Inc. and
subsidiaries as of December 31, 1995 and 1994 and for each of the three years in
the period ended December 31, 1995, which report is included in the Annual
Report on Form 10-K of American International Group, Inc. for the year 1995, and
to the reference to our firm under the heading "Financial Statements" included
in the Prospectuses.

                                                        COOPERS & LYBRAND L.L.P.

New York, New York
March 29, 1996.

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