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The group's principal office is in Karachi and it has branch offices in Lahore, Islamabad, Faisalabad and Sialkot. AIG has been selling automobile insurance in Pakistan since 1949. In March 2010, New Hampshire Insurance became the first company in Pakistan to offer terrorism insurance, in collaboration with Allied Bank Ltd. [5]
In 1975, Greenberg started working in insurance, initially working for New Hampshire Insurance Co. in its automobile policies department. [5] He began working for AIG later that year as an underwriter. [5] During the 25 years he worked for AIG, Greenberg held a number of senior management positions.
2017 [104] through early 2019 [105] saw AIG hire a number of new upper level executives. [104] [106] In 2017, Duperreault named Peter Zaffino [104] as AIG COO, [107] later also naming him CEO of AIG's General Insurance business. [108] Zaffino succeeded Duperreault as president of AIG in January 2020, with Duperreault remaining AIG's CEO. [109]
New Hampshire vehicle insurance rates jumped 28% in a two-year period ending in 2023, compared with 27% nationally, according to S&P Global Market Intelligence.
American International Group will always be associated with the fear and uncertainty most Americans felt during the 2008 financial crisis. but the AIG that was involved in myriad complicated ...
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