American International Group Inc (AIG) - Company Profile
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American International Group Inc (AIG) is a global insurance organization. The group provides insurance solutions to help businesses and individuals protect their assets and manage risks. AIG's major products include commercial and industrial property insurance, casualty insurance, financial lines, and global specialty insurance. AIG serves a diverse customer base, including individuals, small and medium-sized businesses, and multinational corporations across various industries. The group maintains broad distribution relationships with brokers, agents, and other distributors. AIG operates in various countries and jurisdictions, with significant presence in North America, Europe, Asia Pacific, and other regions. AIG is headquartered in New York, the US.
American International Group Inc (AIG) premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| General Insurance: | Claims Management Services | AIG |
| General Liability Insurance | ||
| Directors and Officers Liability Insurance | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In May, the group entered into an agreement to acquire Everest Compania de Seguros Generales Colombia SA from Everest Group Ltd, an insurance company. |
| 2026 | Contracts/Agreements | In May, the group agreed to sell remaining stake in Corebridge Financial Inc. |
| 2026 | Contracts/Agreements | In March, the group collaborated with McGill and Partners for the subscription market to offer clients access to exceptional insurance solutions. |
Competitor Comparison
| Key Parameters | American International Group Inc (AIG) | Berkshire Hathaway Inc | The Progressive Corp | The Allstate Corp | Liberty Mutual Holding Company Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | New York | Omaha | Mayfield Village | Northbrook | Boston |
| State/Province | New York | Nebraska | Ohio | Illinois | Massachusetts |
| No. of Employees | 22,100 | 387,800 | 70,000 | 53,000 | 40,000 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Peter Zaffino | Chairman | Executive Board | 2022 | 59 |
| Eric Andersen | President; Director; Chief Executive Officer | Executive Board | 2026 | - |
| Keith Walsh | Chief Financial Officer; Executive Vice President | Senior Management | 2024 | 51 |
| Roshan Navagamuwa | Executive Vice President; Chief Information Officer | Senior Management | 2024 | 48 |
| Melissa Twiningdavis | Executive Vice President; Chief Administrative Officer | Senior Management | 2024 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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