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ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Private Client Group Unveils Yacht Insurance

December 5, 2003

ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Private Client Group, a division of the property and casualty subsidiaries of American International Group, Inc. (ÌìÃÀÍøÕ¾´«Ã½´«Ã½), announced the introduction of yacht insurance for high net worth individuals.

ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Private Client Group’s yacht offering provides customized coverage selections, including flexible deductible options. Additional product features include the capability to provide worldwide property and liability coverage; large limit coverage capacity; and access to ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Private Client Group’s concierge level claim services.

Yacht insurance is part of a growing list of personalized products offered through ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Private Client Group.

“We have responded to a significant demand for homeowners and excess liability coverage among high and ultra-high net worth clientele and will continue to provide coverage options that meet this market’s evolving insurance needs,” said Ross Buchmueller, president, ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Private Client Group. “To this end, because many of our insureds own yachts, we are pleased to provide them with a meaningful insurance solution.”

For more information, visit the ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Private Client Group Web site at www.aigpcg.com.

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