American International Group Inc
American International Group, Inc. (AIG) is known as a leader among global finance and insurance corporations. The AIG corporate umbrella covers multiple member companies, offering a full spectrum of general, life, and property casualty insurance, retirement solutions, and various financial services in roughly 70 countries. The company moved to establish its life and retirement insurance services as a separate company, Corebridge Financial, in the largest IPO of 2022. With a market cap of $46.93 billion, AIG has been a solid representative of the global insurance market since its founding over a century ago. The company has maintained a trend of acquisition in recent years, adding to its talent pool and diversifying its holdings. AIG is in the midst of a multi-year operations improvement plan to modernize and streamline processes, with continued growth projected by many experts.
Stock Market Guides is not a financial advisor. Our content is strictly educational and should not be considered financial advice.
Ticker Information for American International Group Inc
Industry Information for American International Group Inc
Company Description for American International Group Inc
American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: North America Commercial; International Commercial; and Global Personal. The company provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; and professional liability insurance. It also offers marine, energy-related property insurance, aviation, political risk, trade credit, trade finance, and portfolio solutions; voluntary and sponsor-paid personal accident, and supplemental health products; and personal auto and homeowners, extended warranty, device protection insurance, home warranty and related services, and insurance for high net-worth individuals. Further, the company provides mortgage and other loans receivable includes commercial mortgages, life insurance policy loans, and commercial loans, The company was founded in 1919 and is headquartered in New York, New York.