Description

American International Group, Inc. (AIG) operates as a prominent global insurance enterprise, providing a diverse array of protection products for commercial clients, institutions, and individual consumers across North America and internationally. Its General Insurance division delivers a comprehensive suite of policies spanning various risk categories. This includes coverage for general liability, environmental damage, commercial auto accidents, workers' compensation, casualty events, and crisis management, alongside property insurance tailored for commercial, industrial, and energy-related assets. Further specialized offerings cover aerospace, political risk, trade credit, bespoke portfolio solutions, crop protection, and marine insurance. The segment also addresses professional exposures with products such as directors and officers (D&O), mergers and acquisitions (M&A), fidelity, employment practices liability, fiduciary liability, cyber risk, kidnap and ransom, and errors and omissions (E&O) insurance. For individual customers, AIG offers personal auto and homeowners' insurance, umbrella coverage, yacht policies, fine art and collections protection, voluntary and sponsored personal accident plans, supplemental health products, extended warranties, and travel insurance. AIG's Life and Retirement segment focuses on delivering a broad spectrum of financial and insurance solutions designed for long-term planning and wealth management. These offerings encompass variable, indexed, and fixed annuities, as well as retail mutual funds. The company additionally provides financial planning and advisory services, record-keeping, plan administration, and compliance support. Life insurance options feature both term and universal life policies. Complementary products include stable value wrap solutions, structured settlement annuities, pension risk transfer annuities, corporate- and bank-owned life insurance, and guaranteed investment contracts. This segment distributes its products through a wide network of channels, including independent marketing organizations, independent insurance agents, financial advisors, direct marketing initiatives, banks, and broker-dealers. Established in 1919, American International Group, Inc. maintains its headquarters in New York, New York.