AIG, one of the world’s most(prenominal) popular amends companies, stands for American International Group, Inc and was founded by the enterpriser C.V Starr. What started as a small business in ingrain named American Asiatic Undererwriters (AAU) grew to become one of the worlds largest companies. Originally, this business represented a number of American redress companies in move providing fire and marine coverage’s. By 1926 Starr opened his front office in New York. It was only 10 historic period before Starr decided to make New York the main headquarters. AIG provides damages and finance services in the United States and Internationally to both(prenominal) businesses and individuals in more than 130 countries and jurisdictions. These services include: popular Insurance, Life Insurance and Retirement Services, Financial Services and addition Management.
AIG’s General Insurance subsidiaries are multiple fund companies writing substantially all lines of property and casualty indemnification, and diverse personal lines both domestically and abroad.
(Google/Finance Pg 2) This segment of insurance takes on various business products such as, large moneymaking(prenominal) or industrial property insurance, excess liability, inland marine, environmental workers compensation, and excess and umbrella coverage’s. AIG’s General Insurance policy also offers specialized forms of insurance as well. These dwell of aviation, accident and health, equipment breakdown,
directors and officer’s liability, difference-in-conditions, kidnap-ransom, export credit and political risk, and professional errors and omissions coverage’s. Just as you think AIG has through enough regarding General Insurance, the company takes it one step further. In addition, this segment of insurance proves property and casualty reinsurance products to insurers, automobile insurance products, residential mortgage guaranty, and commercial and consumer products....If you want to get a full essay, order it on our website: Orderessay
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