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The Holdings of American International Group include the operating entities and subsidiaries of insurance conglomerate American International Group (AIG) that operates in over 130 countries. [1] The company's business consists of four core areas: General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management. [2]
In 1952, Starr began to focus on the American market by acquiring Globe & Rutgers Fire Insurance Company and its subsidiary, American Home Fire Assurance Company. [26] By the end of the decade, C.V. Starr's general and life insurance organization included an extensive network of agents and offices in over 75 countries. [26]
The American General Insurance Company was formed on May 8, 1926 by Gus Sessions Wortham in Houston, Texas. Wortham worked for the Texas Fire Rating Board in Austin, Texas before moving to Houston in 1912. Before starting American General, he worked at his father's insurance company, John L. Wortham & Son Agency, until his death in 1924. [5]
He is chairman and chief executive officer of C.V. Starr, [14] a global insurance and investment organization that is named for the founder of AIG, Cornelius Vander Starr. . He joined C.V. Starr as vice president in 1960 and was given the additional responsibilities of president of American Home Assurance Company in 19
The American General Center is a complex of several office buildings in Neartown Houston, Texas located along Allen Parkway. [1] [2] It is the global headquarters for Corebridge Financial, formerly American General. The America Tower is a 590 ft (180m) tall skyscraper. It was completed in 1983 and has 43 floors. It is the 21st tallest building ...
However, on 2 March 2010, Prudential PLC, a UK-based financial services and securities company, announced that it would buy AIA for US$35.5 billion. [6] The purchase later fell through, and AIA held an IPO in October 2010, raising approximately HK$159.08 billion (US$20.51 billion), which at the time was the world's third largest IPO ever [ 7 ...
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