American International Group, or AIG for short, is a Manhattan-based, publicly traded finance and insurance corporation that operates in over 80 countries and boasts over 50,000 employees worldwide. Composed of three major business units—general insurance, life and retirement, and investments—AIG provides property and life insurance as well as retirement solutions and other financial services. The company took a hit from the coronavirus pandemic as many policyholders filed claims for lost business after more than a year of worldwide economic hardship. In March 2021, AIG’s retirement services branch launched new capabilities in its mobile app, specially designed to help nonprofit and public service employees establish plans to save for retirement.
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Latest news for AIG
- FinanceAIG Investors Want to Know Who Will Replace CEO Peter HancockMay 2, 2017 1:30 PM UTC
- LeadershipAIG Denies Its CEO a Cash Bonus After the Company’s Dismal Performance in 2016April 14, 2017 12:41 PM UTC
- TechThis Insurance Giant Just Added Coverage for Cybersecurity BreachesApril 3, 2017 1:37 PM UTC
- FinanceEight Years After the Financial Crisis AIG Is Still a Train WreckMarch 11, 2017 3:25 PM UTC