AIG 📈 American International - Overview

American International Group, Inc. is a multinational insurance corporation that provides a wide range of insurance products to commercial, institutional, and individual customers across North America and internationally. The company's operations are divided into three main segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment offers an array of products, including commercial and industrial property insurance, general liability insurance, and professional liability insurance, all of which are designed to protect businesses from various types of risks, such as natural disasters, environmental hazards, and workers' compensation claims.

The General Insurance segment also provides specialized insurance products, including marine, energy-related property insurance, aviation insurance, and trade credit insurance, which cater to the specific needs of businesses operating in these industries. Additionally, this segment offers reinsurance services, which enable other insurance companies to manage their risk exposure. Furthermore, American International Group, Inc. provides personal auto and personal property insurance, as well as voluntary and sponsor-paid personal accident and supplemental health products, to individuals and families. The company's extensive distribution network, which includes brokers, agents, advisors, banks, and other distributors, enables it to reach a broad customer base.

The Life and Retirement segment of American International Group, Inc. offers a diverse range of products, including individual retirement products, such as variable, fixed index, and fixed annuities, as well as retail mutual funds. This segment also provides group retirement products, including record-keeping, plan administrative and compliance services, financial planning, and advisory solutions, to help employers manage their retirement plans. Moreover, the company offers life insurance products, including term and universal life insurance, to provide individuals and families with financial protection. The institutional markets products offered by this segment include wrap products, structured settlement, pension risk transfer annuities, corporate and bank-owned life insurance, and guaranteed investment contract products, which cater to the needs of institutional clients.

American International Group, Inc. has a long history, dating back to 1919, and is headquartered in New York, New York. The company's website, https://www.aig.com, provides detailed information about its products and services. With a common stock listed on the New York Stock Exchange (NYSE) under the ticker symbol AIG, and an ISIN of US0268747849, American International Group, Inc. is a prominent player in the multi-line insurance industry, as classified by the Global Industry Classification Standard (GICS) Sub Industry. The company's diverse product offerings, extensive distribution network, and long history of operations have established it as a leading insurance provider in the global market.