8-KRegulation FDExhibits & Filings

AMERICAN INTERNATIONAL GROUP, INC. 8-K Report, Regulation FD Disclosure (Dec 6, 2018)

Filed December 6, 2018For Securities:AIG

Summary

This 8-K filing from American International Group, Inc. (AIG) announces that its President and CEO, Brian Duperreault, provided supplemental information regarding the company's outlook for the fourth quarter of 2018 and the full year 2019 during a presentation at the Goldman Sachs U.S. Financial Services Conference on December 5, 2018. The furnished remarks, included as an exhibit, offer insights into AIG's forward-looking strategies and expectations. Investors should note that the information provided is not considered 'filed' for regulatory purposes and contains forward-looking statements that are subject to inherent uncertainties and risks, meaning actual results could differ materially. The filing also highlights that the remarks may include preliminary estimates of catastrophe losses. These estimates are based on significant judgment and are subject to change. AIG has not committed to updating or altering any projections or statements made, underscoring the speculative nature of these forward-looking remarks and the importance of AIG's regular SEC filings for comprehensive financial information.

Key Highlights

  • 1AIG CEO Brian Duperreault presented supplemental information on Q4 2018 and full-year 2019 outlook at the Goldman Sachs U.S. Financial Services Conference.
  • 2The furnished remarks (Exhibit 99.1) provide forward-looking insights into the company's performance and strategy.
  • 3Information provided is furnished and not deemed 'filed', meaning it doesn't carry the same regulatory liability as official filings.
  • 4Forward-looking statements are included, which are subject to inherent uncertainties and risks; actual results may differ materially.
  • 5Preliminary estimates of catastrophe losses may be included in the remarks, which are subject to significant judgment and potential revision.
  • 6AIG disclaims any obligation to update or alter forward-looking statements, emphasizing reliance on periodic SEC filings for definitive information.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report that AIG's President and CEO, Brian Duperreault, shared supplemental information about the company's expectations for the fourth quarter of 2018 and the full year 2019 at a conference. This information is provided to the public via furnished remarks.

When information is 'furnished' under Regulation FD (Item 7.01), it means it is being disclosed to the public but is not considered part of AIG's official SEC filings for purposes of liability under certain sections of the Securities Exchange Act (like Section 18). This is a common practice for disclosures made at conferences or non-regulatory events.

No, investors should not rely solely on the remarks. The filing explicitly states that these are forward-looking statements subject to uncertainties and risks. AIG also disclaims any obligation to update these statements. Investors should consult AIG's regular SEC filings (like 10-K and 10-Q reports) for comprehensive and regularly updated financial information and risk disclosures.

Preliminary estimates of catastrophe losses are AIG's initial assessments of the financial impact of major weather events or disasters on its insurance business. These estimates involve significant judgment and can change materially as more information becomes available and claims are processed. Investors watch these estimates as they can significantly impact a property and casualty insurer's quarterly and annual financial results.