American International Group, Inc. · New York, NY United States ·(NYSE: AIG)
Company Description
Phone: 212-770-7000
Fax: 212-509-9705
Rankings
- #51 in FT Global 500
- #245 in FORTUNE 500
- S&P 500
View American International Group, Inc. Locations On A US Map
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This link will open in a new window 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. To read the full description, subscribe now.
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Key American International Group, Inc. Financials
| Company Type | Public - NYSE: AIG Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $11,104.0 |
| 2008 Employees | 116,000 |
American International Group, Inc. Executives
67 executives listed for American International Group, Inc.'s New York, NY location.
| Title | Name & Bio | Contact |
| Chairman | Harvey Golub | Network |
| President, CEO, and Director | Robert Benmosche | Network |
| VP and Chief Administrative Officer; SVP and Head Asset Management Restructuring | Jeffrey Hurd | Network |
Competition
Competitive Landscape for American International Group, Inc.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top American International Group, Inc. Competitors
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