AIG
- American International Group, Inc.
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Overview
Company Summary
American International Group, Inc. (AIG) is a multinational insurance corporation that provides a wide range of insurance and financial services to clients around the world. The company operates through various subsidiaries and offers property casualty insurance, life insurance, retirement products, mortgage insurance, and other related services.
AIG caters to both individuals and businesses, offering tailor-made insurance solutions to meet their diverse needs. The company's property casualty insurance segment provides coverage for risks such as property damage, liability, and accident, serving industries such as commercial, industrial, and personal lines.
In addition to property casualty insurance, AIG has a strong presence in life insurance and retirement services. The company offers products like term life insurance, universal life insurance, and annuities to individuals seeking financial protection and savings options for their futures. AIG's retirement services division assists individuals and businesses in planning for retirement through various retirement savings and investment options.
Furthermore, AIG has a dedicated division called AIG Mortgage Insurance, which specializes in providing mortgage insurance to homeowners and lenders. This insurance coverage helps protect lenders against mortgage default risks and enables homebuyers to secure mortgages with lower down payments.
Besides core insurance products, AIG also offers a range of specialized coverages, such as specialty lines insurance for unique risks faced by businesses, and travel insurance for individuals traveling internationally.
AIG's global presence allows it to serve clients in over 80 countries, making it one of the largest and most recognized insurance companies globally. The company's focus on risk management and underwriting expertise positions it as a leader in the insurance industry, providing customers with financial security and peace of mind.