AIG Executive Vice President Robert M. Sandler to Retire after 40 Years of Service

NEW YORK--(Business Wire)--
American International Group, Inc. (AIG) has announced that AIG
Executive Vice President, Domestic Personal Lines, Robert M. Sandler
is retiring from AIG after 40 years of service in key roles.

Kevin H. Kelley, Chairman and Chief Executive Officer of Lexington
Insurance Company, will succeed Mr. Sandler as President of Domestic
Personal Lines. Mr. Kelley is also Executive Vice President of the new
AIG Property Casualty Group, reporting to Kristian P. Moor, President
and Chief Executive Officer of the AIG Property Casualty Group.

Mr. Sandler joined AIG in 1968. He held various actuarial
positions in the foreign and domestic property-casualty operations
before being named Vice President and Casualty Actuary in 1980. In
1984, he was elected Senior Vice President, Senior Casualty Actuary
and Senior Claims Officer and, in 1990, he assumed responsibility for
developing AIG's domestic personal lines operations. Mr. Sandler
served as Chairman of American International Underwriters, AIG's
foreign property-casualty insurance organization, from 1994-2002. In
1995, he was elected Executive Vice President of AIG, and in 1999 was
named Chairman of the 21st Century Insurance Group Board of Directors.

Martin J. Sullivan, AIG President and Chief Executive Officer,
said, "Few executives have served AIG longer than Bob Sandler or in as
many different key roles. It has been my personal pleasure to work
with Bob these many years, and his colleagues at AIG join me in
expressing our deep appreciation for his 40 years of dedicated service
during an exceptional career. I am pleased that he will continue to
serve as a consultant to AIG through 2008."

American International Group, Inc. (AIG), a world leader in
insurance and financial services, is the leading international
insurance organization with operations in more than 130 countries and
jurisdictions. AIG companies serve commercial, institutional and
individual customers through the most extensive worldwide
property-casualty and life insurance networks of any insurer. In
addition, AIG companies are leading providers of retirement services,
financial services and asset management around the world. AIG's common
stock is listed on the New York Stock Exchange, as well as the stock
exchanges in Ireland and Tokyo.

AIG
Chris Winans
Media Relations
212-770-7083

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