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American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. [6] As of 2023, AIG employed 25,200 people. [2] The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary.
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]
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]
(Reuters) - American International Group Inc <AIG.N> on Thursday promoted David McElroy to the post of chief executive officer of general insurance and executive vice president with immediate effect.
American International (AIG) witnesses a year-over-year Life and Retirement premiums increase of 34.9% in the third quarter. AIG Q3 Earnings Beat Estimates on General Insurance Strength Skip to ...
AIG, one of the largest insurers in the United States, posted an underwriting income of $12 million in its general insurance business, compared with a loss of $1.07 billion, a year earlier.
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