VALIC Company Description
Its name may make your eyes glaze over, but to the teachers and nurses who depend on it for retirement security, The Variable Annuity Life Insurance Company (VALIC) is anything but boring. The firm is a major provider of group retirement plan services to elementary and high schools, colleges, and hospitals. It provides annuities and life insurance to more than 25,000 client groups (representing some 2 million investors) throughout the US. VALIC is part AIG American General, the domestic life insurance operations of American International Group. AIG has announced that it will sell all of its domestic life insurance operations, including VALIC.
View the Comprehensive Company Description for VALIC
The Company Description provides a historical perspective of VALIC's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of VALIC's evolution in the marketplace.
