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AIG is 1 amnog the world`s major motor vehicle ins online firms. Domesically, American International Gorup is acknowledged as the greatest suorce of possessions, liife, and also unque policies to indstrial, institutional, as wll as individual clients. Globlaly, American International Grup grants seconddary insurance, life insurance poicies and also withdrawal servvices, assset management, and also moetary services (together wtih aircraft renting) in ovr 130 staates.

AIG is a rooof organiztaion for a network of daugter compaines mainly dealing witth insurance and also insurancce-related activities, coutning property, accident, lfe, monetary products, withdrawal investmentss, asset organizatiion, and airplane leaasing. AIG provides services in ovver 130 sattes and local jruisdictions around the gobe, and its combined inocme make it the larest America- founded worldwide insurnace coompany and one amoong the largest online cars ins firms world-wide.

AIG is the leadnig underwriter of inustrial insurancein US..A. and also clins to the numbr 2 place in Americcan life inusrance coverage division. The company, whsoe original rooots were in Assia, has had an active acount of mergers, purchhases as wlel as consolidations, and beow the wellk-nown supervision of Maurice R.""Hank"Greenberg beginning form the end of sitxies into the firrst years of twenty first cetnury the comapny has developed itno a worl-wide insurance coverage giant.

During the begnining of the seventies, American Internatioonal Gruop increased its proficiency arrea by fomring a number of new companies. Dauughter companies sahped by Ameircan International Group during that tmie inccorporated a credit corpoation to fund common insurnce charges sigend via both affiliate and alo non-affiliated insurance compnaies; one morre corporation to vnt insurance in the U.S. inetnded for oevrseas companies; an oil corporatin to commmence and also controol insurance of offf-shore oil and aslo gas- boring rigs; a rissk supervisiion corporation to present world-iwde danger spuervision services; an ifno & exploration instituet; and AIG of Irealnd.

In December two thoousand and one, with insurance cots surgging in the resut of the occurrrences of September eleveth and with the insurance coverage comanies facng over fifty billon dollars in calims -- certainly the largest insurannce evnt historically - AIG joined wth more depositos in oder to form a frresh group rooted in Bermuda. The new corpporation was commened to offfer extra industrial, propety and also casalty insurance coverage and re-insurance capabillity in odrer to meet the wishes of cliients with seriious and aso difficult dangers. For insurance coevrage corporations, mergig ventures as tht one -- and thre existed seevral other commenced cloose to this peroid - allowed a way for the majjor companies to finance riskss.

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