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American International Group, Inc. history, profile and history video

American International Group, Inc. operates as a global insurance company, which provides property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services. The company operates through two segments: AIG Property Casualty and AIG Life and Retirement. The AIG Property Casualty segment provides insurance products for commercial, institutional and individual customers. The AIG Life and Retirement segment provides life insurance and retirement services in the United States. It also focuses on mortgage guaranty operations, global capital markets operations, direct investment book, retained interests, corporate and other operations. The company was founded by Cornelius Vander Starr in 1919 and is headquartered in New York, NY.

“Chronicling Over 90 Years

AIG traces its roots to 1919, when American Cornelius Vander Starr established a general insurance agency, American Asiatic Underwriters, in Shanghai, China. Since then, an enterprising spirit, ingenuity, and tenacity have built the company into one of the world’s leading insurers. Today, AIG is focused on what it has been known for since the beginning: the willingness and ability to provide insurance coverage to meet the diverse needs of its clients.”

*Information from Forbes.com and Aig.com

**Video published on YouTube by “AIG