AIG Company Description
Even to this day American International Group (AIG) is one of the world's largest insurance firms. While it remains in the spotlight for staggering losses and government bailouts, the company's subsidiaries are still providing insurance. AIG is a leading US provider of property/casualty and specialty insurance to commercial, institutional, and individual customers. Internationally, the company provides reinsurance, life insurance and retirement services, asset management, and financial services (including financing commercial aircraft leasing) in more than 120 countries. The US government holds more than 80% of the company, and its future remains in a state of flux.
View the Comprehensive Company Description for AIG
The Company Description provides a historical perspective of AIG'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 AIG's evolution in the marketplace.




