AIG Profile
American International Group, Inc. (AIG) provides a wide range of insurance products catering to commercial, institutional, and individual customers globally. Operating through its General Insurance and Life and Retirement segments, AIG offers diverse solutions tailored to various needs. The General Insurance segment covers commercial and industrial properties, business interruption, and package insurance against both man-made and natural disasters. It also provides liability, environmental, automobile, workers' compensation, excess casualty, and crisis management insurance. Additionally, AIG offers marine, energy-related property, aviation, political risk, trade credit, and portfolio solutions, along with reinsurance services. For individuals, the segment includes personal accident, supplemental health, auto, and property insurance.
AIG's Life and Retirement segment focuses on retirement and investment products, including variable, fixed index, and fixed annuities, as well as retail mutual funds. It serves both individual and group retirement markets, offering record-keeping, plan administration, compliance services, financial planning, and advisory solutions. The segment also provides life insurance products such as term and universal life insurance, and institutional markets products like wrap products, structured settlements, pension risk transfer annuities, corporate and bank-owned life insurance, high net worth, and guaranteed investment contract products.
Headquartered in New York City, AIG was established in 1919 and has grown into a globall insurance leader. The company distributes its products through a vast network of brokers, agents, advisors, banks, and other distributors, ensuring broad market reach and accessibility to its comprehensive suite of insurance and retirement solutions. AIG continues to innovate and adapt to meet evolving customer needs while maintaining a strong presence in the insurance industry worldwide.
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