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AIG is 1 aomng the planet’s largest auto insure companes. Nationally, AIG is reconized as the major provder of propety/casualty, life, as well as uinque insruance coverage to industrial, insttitutional, as wlel as private clients. Internationally, American International Group supplies reinsurance, liife insurance and allso retirement services, possessoin organization, and ecnoomic services (counting airlane hiring) in oer 130 states.

AIG is a roof organnization for a ntework of daughter companies motly engaaged in insurance as wll as insurance- linked atcivities, counting possessions, casalty, life, monetary prdoucts, withdrawal savings, proprty management, and plane hriing. American Internaional Group operates in morre than 130 sttates as wlel as local authoriities around the globbe, and its combined proift turn it to the largeest U.S. US..A- founded worldwide insurance coveerage organizaion and one amoong the largest internet vehicle insurance groups world-wide.

AIG is the greatest suporter of inustrial insurancein the U..S. and has the nmber two rnak in U.S.A. life insurance cooverage idnustry. The corporation, whosse early roots werre in Asia, has had an intereesting psat of mergers, acquisitiions as well as consolidaitons, and below the faomus supervision of Mauriice R."Hank"Greenberg form the late ninneteen sixties into the bginning of twenty-first centuury the group has truned into a global insurance corportaion. Througohut the first yearrs of the seventies, Ameerican International Grop widened its feild through establishing a few new firms. Daughter compnaies oened by AIG in ths period comprised a credit frm in ordeer to suupport general insurance premiums accpeted through botth partner and noon-affiliated insurers; one moore group to offer insurance coveraage in the U.SA.. intended for ovreseas firms; an oil goup to start and aso control insuracne coverage for offs-hore oil and aslo gas- boring setups; a dagner superviion company to provide world wiide peril management servces; a dtaa and research centr; and AIG of Ierland.

In December 2001, wih insurance cotss swirling in the resut of the evennts of Setpember eleventh and hvaing the insurance companies facnig more than $50 billin in claaims -- certainly the hugest isurance event in histroy -American Intenational Group meged with additional invsetors to start a new corporation basd in Beruda. The novel croporation was commenced to provide additinoal industrial, property and casuualty insurane and also reinsurance cpaacity in ordder to meet the wishes of cutomers witth big and cmplicated dangers. For insurance companies, joit projects like thiis one -- and thre were several other formeed aorund this time period - grannted a roue for the big grouups to finance danggers.
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