UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): January 9, 2006
AMERICAN INTERNATIONAL GROUP, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 1-8787 13-2592361
(State or Other (Commission File Number) (IRS Employer
Jurisdiction of Identification No.)
Incorporation)
70 Pine Street
New York, New York 10270
(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (212) 770-7000
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(Former name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Section 8 - Other Events
Item 8.01. Other Events.
On January 9, 2006, C.V. Starr & Co., Inc. (Starr) announced that it had
completed its tender offer to purchase interests in Starr and that all eligible
shareholders had tendered their shares. As a result of completion of the tender
offer, no AIG executive officer currently holds any Starr interest. In addition,
AIG understands that Mr. Brian Schreiber, Senior Vice President - Strategic
Planning, has used the proceeds from the tender of his Starr interests to repay
a loan extended by a private entity that may be controlled by Mr. M. R.
Greenberg.
The Starr holdings of AIG's executive officers as of January 1, 2005 were
described in AIG's Proxy Statement, dated June 27, 2005. The tender offer price
was 1.42 times the liquidation value of the Starr interests. AIG previously
disclosed that its Compensation Committee adopted a Senior Partners compensation
plan. This plan is part of AIG's efforts to provide replacements for the
investment opportunity and related retention benefit historically provided by
the Starr holdings.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AMERICAN INTERNATIONAL GROUP, INC.
(Registrant)
Date: January 13, 2006 By /s/ KATHLEEN E. SHANNON
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Name: Kathleen E. Shannon
Title: Senior Vice President
and Secretary