FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   LITZKY ERIC N 2. Date of Event Requiring Statement (Month/Day/Year) 11/16/2005 3. Issuer Name and Ticker or Trading Symbol AMERICAN INTERNATIONAL GROUP INC [(AIG)] (Last) (First) (Middle) AMERICAN INTERNATIONAL GROUP, INC., 70 PINE STREET 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Vice President 5. If Amendment, Date Original Filed(Month/Day/Year) 12/16/2005 (Street) NEW YORK, NY 10270 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 1,071 D   Common Stock 100 I Held by wife (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	01/18/2000(2)	01/18/2006	Common Stock	1,054	$ 22.3704	D	Â
Employee Stock Option (Right to Buy)	12/11/2000(2)	12/11/2006	Common Stock	843	$ 25.9852	D	Â
Employee Stock Option (Right to Buy)	12/08/2001(2)	12/08/2007	Common Stock	843	$ 37.8667	D	Â
Employee Stock Option (Right to Buy)	12/14/2002(2)	12/14/2008	Common Stock	750	$ 46.5333	D	Â
Employee Stock Option (Right to Buy)	09/15/2003(2)	09/15/2009	Common Stock	750	$ 60.125	D	Â
Employee Stock Option (Right to Buy)	12/14/2004(3)	12/14/2010	Common Stock	600	$ 96.5625	D	Â
Employee Stock Option (Right to Buy)	12/13/2005(3)	12/13/2011	Common Stock	750	$ 79.61	D	Â
Employee Stock Option (Right to Buy)	12/16/2006(3)	12/16/2012	Common Stock	900	$ 61.3	D	Â
Employee Stock Option (Right to Buy)	02/10/2007(3)	02/10/2013	Common Stock	900	$ 47	D	Â
Employee Stock Option (Right to Buy)	12/17/2007(3)	12/17/2013	Common Stock	1,000	$ 63.95	D	Â
Employee Stock Option (Right to Buy)	12/16/2008(3)	12/16/2014	Common Stock	2,000	$ 64.47	D	Â
Employee Stock Option (Right to Buy)	09/01/2009(3)	09/01/2015	Common Stock	1,000	$ 59.35	D	Â
Employee Stock Purchase Plan	01/02/2006	01/02/2006	Common Stock	179	$ 55.82	D	Â
Restricted Stock Unit	09/01/2009(4)	09/01/2009	Common Stock	340	$ (4)	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
LITZKY ERIC N AMERICAN INTERNATIONAL GROUP, INC. 70 PINE STREET NEW YORK, NY 10270	Â	Â	  Vice President	Â

Signatures

/s/ Litzky, Eric N.		01/04/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Beneficial ownership is disclaimed.
(2)	These options were granted under the American International Group, Inc. 1991 Employee Stock Option Plan. Pursuant to the terms of the plan, 25% of the option becomes exercisable on the anniversary date of the grant in each of the four years following the grant.
(3)	These options were granted under the American International Group, Inc. Amended and Restated 1999 Stock Option Plan. Pursuant to the terms of the plan, 25% of the option becomes exercisable on the anniversary date of the grant in each of the four years following the grant.
(4)	Granted under the American International Group, Inc. Amended and Restated 2002 Stock Incentive Plan. Subject to the terms of the plan, the shares of common stock underlying these Restricted Stock Units will be deliverable, without the payment of any cash consideration, as soon as administratively feasible after September 1, 2009. The delivery of such shares shall be in consideration of services performed for AIG and its subsidiaries by the grantee.

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