American International Group Inc. (AIG)

Offering a variety of property and liability insurance, life insurance, retirement plans, and other financial services to business and individual clients is the business of American International Group, Inc. It functions through the following divisions: Operations in general insurance, life and retirement. North American and international insurance companies make to the general insurance segment. Individual retirement, group retirement, life insurance, and institutional markets are all included in the life and retirement category. Revenue from assets owned by the corporation and its corporate subsidiaries is included in the area titled Other Operations. The company's headquarters are in New York, NY, and it was established in 1919 by Cornelius Vander Starr. That is one of the best general insurance companies.

With operations in more than 80 nations and jurisdictions, American International Group, Inc. (AIG) is an American global financial and insurance firm. 49,600 persons were employed by AIG firms as of January 1st, 2019. General Insurance, Life & Retirement, and a stand-alone subsidiary that specializes in technology are the three main divisions through which the corporation conducts business. Commercial, personal, as well as domestic and international field operations are all included in general insurance. Group retirement, individual retirement, life insurance, and institutional markets are all included in life & retirement. The AIG Women's Open golf tournament is sponsored by AIG.


AIG has offices all around the world in addition to its corporate office in New York City. 87% of the Fortune Global 500 and 83% of the Forbes 2000 are served by AIG. [9] On the Fortune 500 list for 2018, AIG came in at number 60. AIG is ranked as the 87th largest public corporation in the world by Forbes Global 2000 for 2016. AIG has $65.2 billion in shareholder equity as of December 31, 2017. AIG was saved by the Federal Reserve for $180 billion during the 2007–2008 financial crisis, and the Financial Crisis Inquiry Commission linked AIG's failure to the widespread sale of unhedged insurance. In 2012, AIG paid the US government $205 billion back.

• Founded: 1919
• Revenue: $59 billion (2022)
• Net Income: $13.8 billion (2022)
• Market Cap: $46.7 billion (2022)
• 1-Year Trailing Total Return: 21.4%
• Exchange: New York Stock Exchange
• Website: https://www.aig.com/