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  • Previous Rank
    175
  • Revenues ($M)
    $49,520
  • Revenue Percent Change
    -5.4%
  • Profits ($M)
    $-6,084.00
  • Profits Percent Change
    -
  • Assets ($M)
    $498,301.00
  • Employees
    49,800

It’s been a tumultuous stretch for AIG, which replaced CEO Peter Hancock in 2017, less than three years after he started. The insurance company, which nearly collapsed during the financial crisis, has been struggling to improve its results for years under pressure from activist investor Carl Icahn, who ultimately sold his stake this spring. AIG’s new CEO, former employee Brian Duperreault, still has work to do to accomplish a turnaround. While the more than $6 billion loss the insurer booked last year was largely due to a charge from the new tax law, the triple whammy of hurricanes, California wildfires and the Mexican earthquake didn’t help, either.

Company Information

CEO
Brian Duperreault
Sector
Financials
Industry
Insurance: Property and Casualty (Stock)
HQ Location
New York City
Websitehttp://www.aig.com
Years on Global 500 List23
Employees49,800
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AIG Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$49,520-5.4%
Profits ($M)$-6,084.00-
Assets ($M)$498,301.00-
Total Stockholder Equity ($M)$65,171.00-

Profit Ratios

Profit as % of Revenues-12.3%
Profits as % of Assets-1.2%
Profits as % of Stockholder Equity-9.3%