Profile: American International Group Inc (AIG.N)
24 May 2019
American International Group, Inc. (AIG), incorporated on June 9, 1967, is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other financial services to commercial and individual customers. Its segments include Commercial Insurance, Consumer Insurance, Other Operations and Legacy Portfolio. The Company's offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. Its Core businesses include Commercial Insurance and Consumer Insurance, as well as Other Operations. Commercial Insurance includes two modules: Liability and Financial Lines and Property and Special Risks. Consumer Insurance consists of four modules: Individual Retirement, Group Retirement, Life Insurance and Personal Insurance. It also reviews and assesses its core business through the locations of its insurance operations across three geographic modules: the United States, Europe and Japan.
The Commercial Insurance segment is a provider of insurance products and services for commercial customers. It includes property casualty networks. Commercial Insurance offers a range of products to customers through a multichannel distribution network.
The Consumer Insurance segment is a franchise that brings together a portfolio of retirement, life insurance and personal insurance products offered through multiple distribution networks. It holds market positions in many of its the United States product lines, and its global footprint provides the opportunity to leverage its multinational servicing capabilities and pursue select opportunities in markets.
The Other Operations segment consists of businesses and items not attributed to its Commercial and Consumer modules or its Legacy Portfolio. It includes AIG Parent, Institutional Markets, United Guaranty Residential Insurance Company (United Guaranty), deferred tax assets related to tax attributes and intercompany eliminations.
The Legacy Portfolio segment includes Legacy Property and Casualty Run-Off Insurance Lines. The segment also includes Legacy Life Insurance Run-Off Lines and Legacy Investments.
American International Group Inc
175 Water St
NEW YORK NY 10038-4918
Company Web Links
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