American International Group, Inc. (AIG) is a global insurance and financial services company. Here are some key details about AIG:
Overview
- Founded: 1919
- Founder: Cornelius Vander Starr
- Headquarters: New York City, New York, USA
- Industry: Insurance, Financial Services
- Products: Property and casualty insurance, life insurance, retirement products, mortgage insurance, and other financial services.
History
- Early Years: AIG began as a general insurance agency in Shanghai, China, founded by Cornelius Vander Starr. The company expanded to other regions, including Southeast Asia, Latin America, and Europe.
- Expansion: AIG moved its headquarters to New York City and grew through acquisitions and diversification into various insurance and financial services sectors.
- Financial Crisis: AIG was significantly affected by the 2008 financial crisis, receiving a substantial bailout from the U.S. government. The company has since restructured and repaid the bailout funds.
Global Presence
AIG operates in more than 80 countries and jurisdictions. It serves commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks.
Major Offices
While AIG’s headquarters are in New York City, it has significant offices in major cities around the world, including:
- New York, USA (Headquarters)
- London, UK
- Hong Kong
- Tokyo, Japan
- Shanghai, China
- Singapore
- Paris, France
Core Services and Products
- Property and Casualty Insurance:
- Commercial Insurance
- Consumer Insurance
- Life Insurance:
- Individual and Group Life Insurance
- Retirement Products and Services
- Mortgage Insurance:
- Private mortgage insurance
- Mortgage guaranty insurance
- Financial Services:
- Risk management
- Investment management
Website
For more detailed information, you can visit AIG’s official website: AIG
Contact Information
- Corporate Headquarters:
- Address: 175 Water Street, New York, NY 10038, USA
- Phone: +1 212-770-7000
AIG has a significant presence in both established and emerging markets, catering to a diverse range of customers and industries. The company’s resilience and adaptability have enabled it to navigate through challenging times, such as the 2008 financial crisis, and continue to be a major player in the global insurance industry.
