Shares of American International Group (NYSE:AIG) fell more than 10% during Tuesday trading after the company revised a 2008 annual report, adding a new risk factor, according to a Reuters report. The company now expects that it may recognize losses on a credit default swap portfolio held by the troubled AIG Financial Products unit with a notational value of $192.6 billion as of March 31, 2009. The company said that the fair value of derivative liability for CDS transactions was $393 million at March 31, 2009.

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