Multinational finance and insurance corporation offering a range of property casualty insurance, life insurance, retirement products, and other financial services.
American International Group, Inc. (AIG) is a prominent provider of insurance solutions catering to commercial, institutional, and individual clients across North America and globally. The company operates through two main segments: General Insurance and Life and Retirement. Within the General Insurance segment, AIG offers a comprehensive range of products including property insurance covering business interruption and natural disasters, liability insurance, and specialized offerings such as marine and energy-related policies. Additionally, AIG provides professional liability insurance, reinsurance services, and a variety of personal insurance products like auto and property coverage.
The Life and Retirement segment focuses on offering retirement and life insurance products. This includes individual retirement plans such as variable, fixed index, and fixed annuities, as well as retail mutual funds. AIG also provides group retirement solutions, including plan administration services and financial advisory options. The segment further extends its offerings to include life insurance policies such as term and universal life coverage, along with institutional products like structured settlements and pension risk transfer annuities.
Founded in 1919 and headquartered in New York City, AIG operates globally through a network of brokers, agents, advisors, banks, and other distribution channels. The company's extensive portfolio and strategic market presence underscore its commitment to delivering innovative insurance solutions that meet the evolving needs of its diverse clientele, while maintaining a strong focus on financial security and customer satisfaction.