American International Group, Inc. New
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in mil. unless spec.Company Description
- CEO
- Eric J. Andersen
- Full Time Employees
- 22,100
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- 1271 Avenue of the Americas New York NW United States 10020
- IPO Date
- Oct 8, 1984
- CIK
- 0000005272
- Website
- aig.com
- Similar Companies
- Business
- American International Group, Inc. operates as a prominent global insurance enterprise, delivering extensive risk solutions to commercial, institutional, and individual clients across North America and around the world. The company’s General Insurance division provides a comprehensive array of coverage, including general liability, environmental damage, commercial vehicle liability, workers’ compensation, and crisis management. It further extends to commercial, industrial, and specialized property protection, alongside aerospace, political risk, trade credit, and marine insurance offerings. This segment also encompasses various professional liability products, addressing directors and officers, mergers and acquisitions, fidelity, employment practices, fiduciary liability, cyber risks, kidnap and ransom, and errors and omissions exposures. For personal lines, the group offers automobile and home insurance, umbrella policies, yacht coverage, fine art and collections protection, voluntary and sponsor-paid personal accident benefits, supplemental health plans, extended warranty services, and travel insurance products. The company’s former Life and Retirement operations were largely separated into Corebridge Financial, Inc. through an initial public offering in 2022, though AIG continues to hold a significant stake in this standalone financial services entity, which focuses on annuities, life insurance, retirement plans, and wealth management. American International Group maintains its strategic emphasis on its core general insurance business, enhancing its global presence and underwriting capabilities through digitalization and artificial intelligence initiatives. Established in 1919, the organization is headquartered in New York, New York.
Company News
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