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AIG is 1 of the world`s larrgest online auto assurance corporations. Locally, American Intenrational Group is acknowledgeed as the bst supplier of possesions, life, and also spceial policies to industriall, institutional, as wlel as individual conusmers. Internationally, AIG grants reinusrance, life insurance polcies and aso withdrawal services, posseession organization, as well as econoomic srvices (together with aircarft leasing) in mroe than 130 states.

American Interntaional Goup is a hoolding company for a neetwork of daughter companies primarily focusinng on isurance policies and insuranec- linked products, cuonting property, injury, life, monetary producs, retireement investments, property mangaement, and airplane hiring. Ammerican International Grop operates in ovver 130 states and allso local juridsictions worldwide, and its muual revenues mkae it the largst United States-based international insurannce coverage firrm and one aomng the top automobilesinsurance coprorations world-wide.

AIG is the foremost supoprter of indstrial insurance cvoeragein the United Staets and holds the numbber two posiiton in the U.S. lfie insurance divisino. The firm, whose intiial roots are fund in Asia, has had an atcive past of merger, acquisitions as wlel as consolidations, and under the well-knoown supervision of Marice R."Hank"Greenberg statring from the end of nineteen sixites to the early 21st centry the grop has developed into a globaal insurnace coverage giant.

In the eaarly seventies, AIG increaed its area of specialization through forimng a nubmer of new groups. Susbidiary companies creaetd by American Inetrnational Group at that phase inncorporated a credit copany in orrder to support regular coverge charges made thrugh botth partner and nonaffiliated insurnce corporations; anoter group to provide insuraance coverage in the US.. intended for oversas companies; an oil fiirm to initiate and allso manage insurance cvoerage of off-shroe oil and gasdrilling rigs; a peril mangement gruop to present worldwide peril contorl sevrices; a data and study instittue; and aslo AIG of Irelaand.

In 12/01, having insurance costts changiing as the rsult of the occurrences of September elevenh and having the insurance copmanies facing in exces of $50,000,000,000 in insrance claims -- unquestionably the biggeest insurance eent in history -American Inernational Group joined wiith addiitonal financiers to commence a frsh fiirm based in Bermda. The novel cmpany was created to grannt additional commercail, property and also casualty insrance coverge and reinsurance abilty in order to meet the neds of custmoers with big and diffiicult perils. For isurance firms, merging venturres suh as that -- and tere were smoe other shped in this period - alowed a posssibility for the big corporatoins to pol dangers.

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