Dow Up0.25% Nasdaq Up0.65%

American International Group, Inc. (AIG)

58.32 Up 0.57(0.99%) May 27, 4:00PM EDT
ProfileGet Profile for:
American International Group, Inc.
175 Water Street
New York, NY 10038
United States - Map
Phone: 212-770-7000

Index Membership:N/A
Industry:Property & Casualty Insurance
Full Time Employees:66,400

Business Summary 

American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through two segments, Commercial Insurance and Consumer Insurance. The company’s Commercial Insurance segment offers general liability, commercial automobile liability, workers’ compensation, excess casualty, and crisis management causality insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance products; aerospace, environmental, political risk, trade credit, surety, and marine insurance products; various insurance products for small and medium sized enterprises; and professional liability insurance products. It also provides mortgage guaranty insurance; stable value wrap products, and structured settlement and terminal funding annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent retail and wholesale brokers, agency network, specialized marketing and consulting firms, and structured settlement brokers. Its Consumer Insurance segment offers retirement products, such as fixed annuities, and immediate and deferred income annuities; variable and fixed index annuities; and mutual funds, and plan administrative and compliance services. This segment’s products also include term and whole life, cancer, and critical illness insurance products; personal accident and supplemental health products; travel insurance products and services; automobile and homeowners, and extended warranty insurance; and identity theft and credit card protection products. It sells its products through agents, direct marketing, independent marketing organizations, financial advisors, banks, wirehouses, and broker-dealers. The company was founded in 1919 and is based in New York, New York.

Key Statistics

Company Websites 
Home Page
Search Yahoo! for:
More on American International Group, Inc.

Corporate Governance 
American International Group, Inc.’s ISS Governance QuickScore as of May 1, 2016 is 2. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 5; Compensation: 2.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Peter D. Hancock , 57
Chief Exec. Officer, Pres and Director
Mr. Philip Fasano , 58
Chief Information Officer and Exec. VP
Mr. David Lawrence Herzog , 56
Chief Financial Officer and Exec. VP
Mr. Kevin T. Hogan , 54
Exec. VP and Chief Exec. Officer of Global Consumer Insurance
Mr. Siddartha Sankaran , 38
Chief Financial Officer and Exec. VP
Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
View Insiders