Company

American International Group, Inc.

Headquarters: New York, NY, United States

Founded: December 19, 1919

Employees: 36,600

CEO: Mr. Peter Salvatore Zaffino

NYSE: AIG +0.23%

Market Cap

$49.03 Billion

USD as of July 1, 2024

Market Cap History

Company Description

AIG is a global insurance company offering a diverse range of insurance products, including general liability, environmental, casualty, professional liability, and property insurance to commercial, institutional, and individual customers, alongside an array of specialized insurances and life and retirement services.

American International Group, Inc. market capitalization over time

Evolution of American International Group, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of American International Group, Inc.

Detailed Description

American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. The company's General Insurance segment provides general liability, environmental, commercial automobile liability, workers' compensation, casualty, and crisis management insurance products; commercial, industrial, and energy-related property insurance; and aerospace, political risk, trade credit, portfolio solutions, crop, and marine insurance. It also provides professional liability insurance products for a range of businesses and risks, including directors and officers, mergers and acquisitions, fidelity, employment practices, fiduciary liability, cyber risk, kidnap and ransom, and errors and omissions insurance. In addition, this segment offers personal auto and property insurance, such as auto, homeowners, umbrella, yacht, fine art, and collections; voluntary and sponsor-paid personal accident; supplemental health products; extended warranty insurance products; and travel insurance products. Its Life and Retirement segment offers variable annuities, index and fixed annuities, and retail mutual funds; and financial planning and advisory services; record-keeping, plan administrative, and compliance services; and term life and universal life insurance. It also provides stable value wrap products, and structured settlement and pension risk transfer annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent marketing organizations, independent insurance agents, financial advisors, direct marketing, banks, and broker-dealers. The company was founded in 1919 and is headquartered in New York, New York.

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Stocks & Indices

American International Group, Inc. has the following listings and related stock indices.


Stock: NYSE: AIG wb_incandescent

Stock: BCBA: AIG wb_incandescent

Stock: Bovespa: AIGB34 wb_incandescent

Stock: FSX: AINN wb_incandescent

Stock: NYSE: AIG.PR.A wb_incandescent

Product & Services

General insuranceHealth insuranceVehicle insuranceTravel insuranceHome insuranceLife insuranceMortgage loansInvestment managementMutual fund

Key People

Founder(s): Cornelius Vander Starr

Brian Duperreault (Executive Chairman) Peter Zaffino (President and CEO)

Financials

Revenue: US$52.06 billion (2021)

Operating income: US$5.92 billion (2021)

Net income: US$9.359 billion (2021)


Total assets: US$596.11 billion (2021)

Total equity: US$65.96 billion (2021)

Details

Headquarters:

175 Water Street

New York, NY 10038

United States

Phone: 212-770-7000