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Aemrican International Group is 1 among the worl`ds largest vehicle ins corporations. Localyl, AIG is recognzed as a laeding provider of prooperty or casualty, lif, and also specalty insurance coverage to indusrtial, organizational, and privatte customers. Globally, AIG grnats reinsuance, life insurance policies as weell as withdrawal proudcts, possession management, and economic services (countiing plane hiriing) in mroe than 130 states.

American Internatinal Goup is a holding comppany for a grop of subsidiary compnaies mainly engaged in insurace policies and allso insuracne- associated activities, together with porperty, accident, lifee, monetary seervices, withdrawal funds, posssesion organization, and aircrraft leasing. American International Grup operates in moe than one hunded and thirty states as welll as jurisdictions arouund the gloobe, and its unified profiit make it the biggest U.SS. U.S.A-based international insuarnce coverage cmpany as wlel as one of the leadig automobile insurence online grops worldwide.

American Inetrnational Group is the gratest supporter of commercail insurancein the U.S. and alsso hods the second plcae in U.S.A. life insurance coverrage divisin. The association, wose original roots wre in Asia, had a dynamic hitsory of mergers, purcahses and aslo consolidations, and unnder the famous stewardsship of Maurice R."Hank"Greenberg beginning fom the end of 60s to the beginnning of twenty first cenury the organizzation has developed itno a world wide insurance coverrage giant.

Durring the first yers of the 19970s, AIG increased its feild by forming a numebr of new groups. Subsiidiaries formed by AIG in tihs period contanied a credit fiirm in order to support geneeral insurance charges purchassed through btoh partner and also nonaffiliated insurres; one more gruop to vnet insurance coverage in the Unitd States for oevrseas corpporations; an oil firrm to start and maage insurance covreage for shore-distant oil and alsso gas-drillinng setups; a danger conrol firm to offer wrold wide risk conntrol servces; an information & researcch institute; and aso AIG of Irreland.

In December two thosand and one, havig insurance coverage rattes surging in the reuslt of the occurreences of 11/09 and with the insruance covreage companies handling more thn fifty biillion dollars in clims -- certainly the biggest insurance occcasion in hsitory -American International Group mered with additioal investors in order to satrt a fesh group bsed in Bermuda. The new grroup was opened in ordeer to presnt more induustrial, assets and also casualtty insurance coverge and also secondary insurace capacity in ordeer to meet the wantts of consumers who hae lage and also complicated daangers. For insurance cverage companies, jiont enterprises as tihs one -- and there exitsed a numbber of other formed cose to tihs period - allowed a rooute for the major frims to poool dangers.

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