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*00124202320100100* PROPERTY AND CASUALTY COMPANIES ASSOCIATION EDITIONCOMBINED ANNUAL STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2023 OF THE CONDITION AND AFFAIRS OF THEAMERICAN INTERNATIONAL GROUP,
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What is aig combined annual statement?
The AIG Combined Annual Statement is a regulatory financial report that provides a comprehensive overview of the financial condition, performance, and operations of an insurance group under the AIG umbrella, specifically designed to meet the reporting requirements of state insurance regulators.
Who is required to file aig combined annual statement?
Insurance companies that are part of the AIG group and operate in multiple states are required to file the AIG Combined Annual Statement, as mandated by the insurance regulators to ensure transparency and compliance with financial standards.
How to fill out aig combined annual statement?
To fill out the AIG Combined Annual Statement, the reporting entity must collect and consolidate financial data from all member companies within the group, accurately complete the required sections outlined in the statement template, and ensure proper supporting documentation is attached before submission.
What is the purpose of aig combined annual statement?
The purpose of the AIG Combined Annual Statement is to provide a standardized format for insurance groups to report their financial status, ensuring regulatory compliance and enhancing the ability of regulators to assess the financial health and risk exposure of the insurance group as a whole.
What information must be reported on aig combined annual statement?
The AIG Combined Annual Statement must report various information including assets, liabilities, capital and surplus, income and expenses, loss reserves, investment income, premium writings, and other key financial metrics relevant to the overall performance and stability of the insurance group.
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