American International Group (NYSE:AIG) (NYSE: AIG) is a leading global insurance organization that provides a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 70 countries and jurisdictions. Through its General Insurance segment, AIG offers commercial and personal insurance products, including casualty, property, and specialty coverages designed to meet the needs of individuals, small businesses, and large corporate clients. Its Life & Retirement segment delivers life insurance, annuities, mutual funds, and other retirement solutions for individuals, institutions, and pension plans.
Founded in Shanghai in 1919 by Cornelius Vander Starr, AIG has evolved into one of the world’s most recognizable insurance brands, with a presence in Asia Pacific, Europe, the Middle East, Latin America, and North America. The company expanded rapidly in the latter half of the 20th century, establishing key operations across major financial centers and emerging markets. Today, AIG combines a robust international footprint with local underwriting expertise to serve diverse industries such as construction, aviation, energy, and healthcare.
In recent years, AIG has undertaken significant strategic initiatives to streamline its operations, enhance capital efficiency, and invest in digital platforms that improve customer experience and underwriting analytics. The company leverages advanced data science and risk modeling to develop tailored solutions for complex risks, while also focusing on sustainable and socially responsible insurance practices. AIG’s mortgage insurance business provides credit enhancement to homeowners and lenders, supporting housing market stability in various regions.
Under the leadership of President and Chief Executive Officer Peter Zaffino, AIG emphasizes disciplined risk management, operational excellence, and strong corporate governance. The board and executive team continue to prioritize long-term value creation for policyholders, shareholders, and communities alike. With a legacy of more than a century in the insurance industry, AIG remains committed to providing innovative coverage solutions and financial security to clients around the globe.
