| Statutory Accounting Practices Disclosure |
The following table presents statutory net income (loss) and capital and surplus for our General Insurance companies and our Life and Retirement companies in accordance with statutory accounting practices: | | | | | | | | | | | | | | | | | | | | | | (in millions) | | 2023 | | 2022 | | 2021 | | Years Ended December 31, | | | | | | | Statutory net income (loss)(a)(b): | | | | | | | | General Insurance companies: | | | | | | | | Domestic | $ | 1,912 | | $ | 2,272 | | $ | 2,649 | | | Foreign | | 1,867 | | | 1,047 | | | 1,573 | | | Total General Insurance companies | $ | 3,779 | | $ | 3,319 | | $ | 4,222 | | | Life and Retirement companies: | | | | | | | | Domestic | $ | 3,354 | | $ | 3,091 | | $ | 2,588 | | | Foreign | | (51) | | | 5 | | | 5 | | | Total Life and Retirement companies | $ | 3,303 | | $ | 3,096 | | $ | 2,593 | | | At December 31, | | | | | | | Statutory capital and surplus(a)(b): | | | | | | | | General Insurance companies: | | | | | | | | Domestic | $ | 18,703 | | $ | 19,563 | | | | | Foreign | | 11,527 | | | 13,913 | | | | | Total General Insurance companies | $ | 30,230 | | $ | 33,476 | | | | | Life and Retirement companies: | | | | | | | | Domestic | $ | 14,752 | | $ | 12,229 | | | | | Foreign | | 467 | | | 486 | | | | | Total Life and Retirement companies | $ | 15,219 | | $ | 12,715 | | | | | Aggregate minimum required statutory capital and surplus: | | | | | | | | General Insurance companies: | | | | | | | | Domestic | $ | 3,625 | | $ | 3,680 | | | | | Foreign | | 6,041 | | | 7,314 | | | | | Total General Insurance companies | $ | 9,666 | | $ | 10,994 | | | | | Life and Retirement companies: | | | | | | | | Domestic | $ | 4,025 | | $ | 4,057 | | | | | Foreign | | 223 | | | 194 | | | | | Total Life and Retirement companies | $ | 4,248 | | $ | 4,251 | | | |
(a)Excludes discontinued operations and other divested businesses. (b)The 2023 amounts reflect our best estimate of the statutory net income, capital and surplus as of the date of AIG’s Form 10-K filing.
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