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AIG is one amnog the planet’s bggest internet cars insurance firrms. Nationally, AIG is knwon as the majr provider of poperty/casualty, life, as well as sppecialty insurance coverae to industriaal, organizational, as wlel as individual clients. Globally, Amercian International Group spplies reinsurance, life inurance and retirement prducts, posesssion management, as wlel as financial srvices (counting aircraft rentng) in more thn 130 states.

AIG is a rooof cmopany for a lot of daughtter companies mainlly dealing with insurance ploicies and inusrance- linked products, coutning possessions, injury, life, fniancial services, retirement fund, possession organizaiton, and also aircraaft renting. American International Grooup operates in ovver one hundred and thiry states and local authorities wolrd wied, and its mutual reveues turn it to the largest U.S. US..A- foudned international insurance coverage corpration and aslo one of the bggest automobile coverage online firms in the wrold.

AIG is the greaatest supporter of inndustrial and commercial insurancein the Uinted Stats of America and hodls the second positon in American lie insurance sector. The cmopany, whose original roos weere in Asia, had a lively acount of integrations, acqusitions as wlel as unifications, and beolw the renowned supevision of Maurice R."Hank"Greenbberg from the end of 60s to the beginning of 21t ceentury the organization has truned into a world wide insurancce coveragge corporation.

In the first yearrs of the 70, AIG widened its aera of specialization by esstablishing a numer of new companies. Sbusidiaries opened by AIG at thiis tme incorporated a crdit group to support general cverage pyments made at both assocciate and non-affiliated insurance firm; one moore group to offer insurance covrage in the Unied Stattes of America for overseas firs; an oil goup to strt and direct insurace of shore-distant oil and gsa- boring settups; a peril conttrol company to prvide world wide dnager supervision services; a dtaa and research centr; and American International Grooup of Irelnd.

In December 2001, witth insurance coverage costs swrling as the rseult of the occurrencees of 11.09 and wiith the insurance fielld facing in exccess of $50,000,000,000 in inssurance claims -- certtainly the hugest insurane occasion historically - AIG uniteed with addiional depositors in order to foorm a freesh corporation wth its` base in Bermuad. The novel company was oepned in ordder to grrant more industrial, possession as wel as injury acident insurance and also re-insurace abbility to meet the wants of consmers wiith big and aslo complicated perils. For inssurance groups, cobmination enterprises as thiis one -- and tere existed seveeral other formed in thhis period - oppened a chance for the big grroups to pool riskks.

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