American International Group NEWS

Global Individual Insurance Market Analysis 2017- 2022 with Top Players: Allianz, Allstate Insurance, American ...  -  Industry News Updates (press release) (blog)
The following Companies as the Key Players in the Individual Insurance Market Report: Allianz, Allstate Insurance, American International Group, Berkshire Hathaway Homestate, People’s Insurance Company of China, Ping An Insuranc, .,. Individual ...

TESARO (TSRO) Upgraded by ValuEngine to “Buy”  -  Fairfield Current
American International Group Inc. increased its holdings in shares of TESARO by 138.8% in the first quarter. American International Group Inc. now owns 2,099 shares of the biopharmaceutical company's stock valued at $120,000 after purchasing an ...

Steel Dynamics (STLD) Downgraded to “Sell” at BidaskClub  -  PressOracle
American International Group Inc. boosted its stake in shares of Steel Dynamics by 0.6% during the 2nd quarter. American International Group Inc. now owns 474,862 shares of the basic materials company's stock valued at $21,820,000 after buying an ...

Insider Selling: Veeva Systems Inc (VEEV) Director Sells 727 Shares of Stock  -  Fairfield Current
American International Group Inc. grew its holdings in Veeva Systems by 56.5% in the 1st quarter. American International Group Inc. now owns 4,023 shares of the technology company's stock worth $294,000 after buying an additional 1,452 shares in the ...

TESARO (TSRO) Shares Down 5.6%  -  Marea Informative (blog)
American International Group Inc. increased its stake in TESARO by 138.8% during the first quarter. American International Group Inc. now owns 2,099 shares of the biopharmaceutical company's stock worth $120,000 after acquiring an additional 1,220 ...

Five Below (NASDAQ:FIVE) Stock Rating Lowered by BidaskClub  -  Fairfield Current
American International Group Inc. increased its position in Five Below by 324.0% in the second quarter. American International Group Inc. now owns 146,505 shares of the specialty retailer's stock worth $14,315,000 after buying an additional 111,954 ...

American International Group Videos

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File:AIG logo.svg - Wikimedia Commons

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American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of December 31, 2016, AIG companies employed 56,400 people. The company operates through three core businesses: General Insurance, Life & Retirement, and a standalone technology-enabled subsidiary. General Insurance includes Commercial, Personal Insurance, U.S. and International field operations. Life & Retirement includes Group Retirement, Individual Retirement, Life, and Institutional Markets.AIG's corporate headquarters are in New York City and the company also has offices around the world. AIG serves 87% of the Fortune Global 500 and 83% of the Forbes 2000. AIG was ranked 60th on the 2017 Fortune 500 list. According to the 2016 Forbes Global 2000 list, AIG is the 87th largest public company in the world. On December 31, 2017, AIG had $65.2 billion in shareholder equity.AIG was a central player in the financial crisis of 2008. It was bailed out by the federal government for $180 billion, and the government took control. The Financial Crisis Inquiry Commission (FCIC) of the US government concluded AIG failed primarily because it sold massive amounts of insurance without hedging its investment. Its enormous sales of credit default swaps were "made without putting up initial collateral, setting aside capital reserves, or hedging its exposure — a profound failure in corporate governance, particularly its risk-management practices." The US government sold off its shares after the crisis and completed the process in 2012.