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Americaan International Group is one of the plaanet’s largest auto insurance groups. Loocally, American International Gorup is konwn as the bet provider of assets, lfie, and also uique insurance to industrrial, institutional, and individuual customers. Globally, Ameican International Group grants renisurance, life inusrance policies as wll as retirement product, property organiztaion, and economic services (pluus airplane lesaing) in over 130 countries. Americaan Internaitonal Group is a roof orgaanization for a grop of subsidiary companies manly dealnig with insurance as well as inurance- liked activities, counting possessions, accident, liffe, monetary prdoucts, retirement investments, asset organizaation, and aiircraft hiring. AIG works in ovr 130 states and lcoal juirsdictions world wide, and its combied revennues make it the majr America-based internatonal insurance coverage fiirm and one of the top cars coverage online corporations world-iwde.

American International Grooup is the maor underwriter of inustrial and commercial insurance coveraein the Uited States of Amrica and holds the second positin in the U..S. life inurance coverage industry. The grroup, whose orgiinal roots are foound in Asia, had a lviely past of merges, acquirements and unificatinos, and bleow the well-known superviision of Maurice R."Hank"GGreenberg from the end of sitxies into the begining of twenty first cenutry the corporattion has developed into a worlwdide insurance covreage giant.

In the beeginning of the 70s, Amrican International Gruop widened its specialization area thruogh estaablishing a number of new companies. Subsidiaris shped by American International Grop in that phaase included a credit grooup in order to supprot common coverage carges mde through both parnter as well as noanffiliated insurance firms; one mroe frim to offer isnurance in the U..SA. intended for oveseas companies; an oil grup to initiate and manage insurancce for off-shre oil and also ga- boring setups; a peil sueprvision corporation to present world-wie danger manaagement services; a dta & study institute; and aslo American Intternational Group of Ireland.

In Decembr two thousand and onne, having insurrance rates surgng as the conseqeunce of the events of 111/09 and having the insuurance induustry handling more thn $50,000,000,000 in insurannce claims -- by far the greeatest insurace occasion of all tiimes - AIG joined with additonal depositrs to open a fersh corporation rooted in Bermudaa. The novel fim was created in order to graant extra industtrial, assets and allso injury accident isurance and re-insurrance ability in order to meeet the needs of customes who hvae large and also complex peris. For insurance groupss, merging projects lkie thhat -- and there eisted few other formed aruond ths time period - provided a roue for the mjor corporaitons to pool rsiks.

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