American International Group, Inc.
AIG-PA
New York Stock Exchange62.68
USD
+3.56
- -
American International Group, Inc.
AIG-PA
(New York Stock Exchange)
Recent
price
62.68
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- American International Group, Inc. (AIG) is a leading global insurance and financial services company, providing a broad range of property casualty insurance, life insurance, retirement solutions, and other financial services. Its core products and services include commercial property and casualty insurance; personal insurance products encompassing homeowner’s, automobile, and other personal lines; life insurance and retirement products; and institutional markets services such as mortgage insurance and reinsurance. AIG operates primarily in the United States, with significant operations across key international markets including Asia, Europe, Latin America, and the Middle East. Founded in 1919, the company is headquartered in New York, New York. In recent years, AIG has focused on strategic business optimization including divestitures of non-core assets and enhancing its technology capabilities to improve customer engagement and underwriting efficiency. As part of its latest major company changes, AIG has expanded its strategic partnerships and alliances to strengthen its position in specialty insurance and reinsurance markets. The company has also launched new insurance products tailored to emerging risks in cyber security and climate change, reflecting a shift toward innovative risk management solutions. Furthermore, AIG has taken steps to bolster its financial strength and operational resilience by updating risk management frameworks and reinforcing capital management strategies within the last 1-2 years. AIG serves diverse industries including manufacturing, energy, construction, healthcare, aviation, and financial institutions, targeting corporate, commercial, institutional, and individual customers worldwide. The company operates through multiple subsidiaries and maintains a strong presence in major financial centers globally. As a recognized leader in the insurance sector, AIG continues to evolve its business portfolio to address changing market dynamics and client needs while maintaining a robust global footprint.