Description

American International Group, Inc. (AIG) operates globally and across North America, providing a diverse array of insurance solutions to businesses, institutions, and private individuals. AIG's General Insurance division delivers comprehensive coverage spanning numerous categories. This includes various liability protections like general, environmental, commercial vehicle, workers' compensation, casualty, and crisis management. It also covers property risks for commercial, industrial, and energy sectors. Specialized offerings encompass aerospace, political risk, trade credit, portfolio solutions, agricultural, and marine insurance. Furthermore, the segment addresses professional liability concerns for diverse enterprises and exposures, such as directors and officers, mergers and acquisitions, fidelity, employment practices, fiduciary, cyber, kidnap and ransom, and errors and omissions. For individuals, this division supplies personal insurance plans, including auto, homeowners, umbrella, yacht, fine art, and collections coverage. It also extends to voluntary and sponsored personal accident, supplementary health plans, extended warranties, and travel insurance policies. The Life and Retirement unit focuses on financial security and planning. Its offerings include various annuity products, such as variable, index, fixed, structured settlement, and pension risk transfer annuities. Clients can also access retail mutual funds, alongside financial planning, advisory, record-keeping, plan administration, and compliance support services. Life insurance options feature term and universal life policies, in addition to corporate-owned, bank-owned life insurance, and guaranteed investment contracts. Stable value wrap products are also available. Distribution of these solutions occurs via a broad network, including independent marketing organizations, agents, financial advisors, direct channels, banks, and broker-dealers. Established in 1919, the company maintains its main operational base in New York, New York.