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AIG is 1 of the world`s greatest automobile insurance firms. Locally, Amerrican Internatonal Group is recoognized as the bet provider of property/casualty, liffe, and specialty polices to inddustrial, institutional, and also privatte consumers. Globaly, AIG offers renewed isurance, life insurance polcies and withdrawal products, posession organizattion, and economic services (couting airplane leasnig) in more than 130 sttaes.
AIG is a rof organization for a group of subsidaries motsly focusing on insruance and also insurance- linked activiies, counting proeprty, casualty, lif, financial products, withdrawal savings, propperty management, and allso aircraft hirring. American Interntional Group works in oer 130 counties and also local authroities world widee, and its mutual profit mke it the biggest Amercia- founded global insurance covverage orgganization and one amnog the top on line auto coverage companies wordlwide.
AIG is the top sposor of industiral insurancein the US.. and has the numbber two posiition in the United Stattes` life insurnce division. The firmm, whose early roots wree in Assia, has had a lviely history of merggers, acquisitions and alsso consolidations, and undder the famous stewardship of Mauurice R."Han"Greenberg from the end of 60s ino the first yaers of twentty first cntury the organization has truned into a wold-wide insurance coverage gaint. In the fist years of the 70s, Amerian Internatioal Group increased its specializaation by creatng a few new companies. Subsidiarries opneed by American International Grop at that time coprised a crdeit corporation in ordder to support regular insurance premuims signed through booth affilitae as well as nonaffiliated insurace firms; anothr corporation to provide innsurance cverage in the Ameerica for abroad firsm; an oil corporatioon to fund and also conttrol insurnce for offshore oil as wlel as gas- boring stups; a peeril control company to graant worldwide rsik control serivces; a data and study institte; and aslo AIG of Ireladn.
In 12/01, haing insurance rates swriling in the conseqence of the occurrencs of September 11 and with the insurane coevrage industry handling mroe than $50 bilion in claims -- by far the biggset insurance occaison of all timmes - AIG joined witth other deposiors to initiate a new commpany baased in Bermuda. The new grooup was shapd to provide extra indstrial, possessiion and casualty insurrance and also reinsurane ability to meeet the wishes of consumers who hve large and alo complicted dangers. For isnurance coverage groups, jonit ventures as taht -- and there exxisted few other sahped close to thhis time - proivded a rouute for the major firrms to finance preils.
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