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AIG

AIG is a provider of life insurance and retirement services for commercial, institutional and individual customers. Read more

Peter S Zaffino's photo - President & CEO of AIG

President & CEO

Peter S Zaffino

CEO Approval Rating

68/100

Founded:

1919

Status:

PublicIndependent CompanyNYSEAIG

AIG TOP COMPETITORS OR ALTERNATIVES

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New York Life is the top competitor of AIG. New York Life is headquartered in New York, New York, and was founded in 1845. New York Life competes in the Life & Health Insurance field. New York Life generates 100% the revenue of AIG.

Prudential is perceived as one of AIG's biggest rivals. Prudential was founded in Newark, New Jersey} in 1875. Like AIG, Prudential also operates in the Life & Health Insurance industry. Compared to AIG, Prudential generates $13.9B more revenue.

Travelers is seen as one of AIG's top competitors. Travelers is a Public company that was founded in Hartford, Connecticut in 1853. Like AIG, Travelers also works within the Insurance Brokers industry. Travelers has 19,200 fewer employees vs. AIG.

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Is The Hartford a competitor of AIG?

AIG Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$43.7B

AIG's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 30.3B. Over the last four quarters, AIG's revenue has grown by 53.8%. Specifically, in Q1 2021's revenue was $14.5B; in Q4 2020, it was $9.7B; in Q3 2020, it was $10.2B; in Q2 2020, AIG's revenue was $9.4B.

AIG Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Glatfelter Insurance Group

Sep 2018

Source »
undisclosed
Glatfelter provides property, casualty, life and health insurance products and services for businesses and individuals.
Validus Holdings Ltd

Jan 2018

Source »
$5.6B
Validus is a provider of reinsurance, insurance and asset management services for businesses and organizations.
NSM Insurance Group

Mar 2015

Source »
undisclosed
NSM is a provider of insurance program administration services for real estate, sports, and healthcare sectors.
Laya Healthcare Limited

Jan 2015

Source »
undisclosed
Laya Healthcare offers health insurance products and services in Ireland.

-

Ageas Protect Limited

Aug 2014

Source »
$305.3M
-

These are all the companies that AIG has acquired. AIG has acquired 6 companies and its latest acquisition was Glatfelter Insurance Group in Sep 2018. Glatfelter provides property, casualty, life and health insurance products and services for businesses and individuals.

AIG Funding History

No recent funding data found related to AIG

AIG Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

DMG is a real estate investment firm that acquires, develops and manages commercial and residential properties.
$64M
Oct 05, 2019
Debt
-
BridgeBio is a biotechnology company that researches and develops drugs to treat patients with genetic diseases.
$299.2M
Jan 22, 2019
Equity
Jun 27, 2019
Azur is a managing digital agency that designs, builds and underwrites digital insurance products for brokers, clients and insurers.
$17.3M
Oct 22, 2018
Series B
-
Fortitude Re is a provider of competitive reinsurance and run-off management solutions to the insurance industry.
-
Jul 31, 2018
Equity
Nov 01, 2019
BridgeBio is a biotechnology company that researches and develops drugs to treat patients with genetic diseases.
$135M
Sep 12, 2017
Series C
Jun 27, 2019

These are all the companies that AIG has invested in. AIG has invested 6 companies and its latest investment was Glatfelter Insurance Group in Sep 2018. Glatfelter provides property, casualty, life and health insurance products and services for businesses and individuals.

AIG News

June 10, 2021IFA Magazine

AIG and Amaiz sponsor Guinness World Record attempt in aid of Motor Neurone Disease

Insurance company AIG and banking services app Amaiz back Guinness World Record attempt to raise mone... See more »
June 1, 2021Chief Investment Officer

AIG CIO Douglas Dachille to Step Down

The insurance giant has tapped Deputy CIO Greg Cornell to helm its $350 billion investment portfolio.... See more »
May 27, 2021Deccan Chronicle

AIG takes up study of efficacy of monoclonal antibodies on double mutant B.1.617

AIG is planning to use the drug cocktail on 100 patients if they agree to its use and fall in the age... See more »
May 25, 2021MarketScreener

AIG Announces Reference Yields for its Tender Offers for Certain Outstanding Notes (Form 8-K)

(marketscreener.com) AIG Announces Reference Yields for its Tender Offers for Certain Outstanding Not... See more »
May 25, 2021Markets Insider

AIG to Participate in the Bernstein Strategic Decisions Conference

American International Group, Inc. (NYSE: AIG) today announced that Peter Zaffino, AIG's President & ... See more »
May 13, 2021MarketScreener

Read our 2020 Schedule P Disclosure

(marketscreener.com) 2020 Statutory Combined Annual Statement Schedule P Disclosure This disclosure p... See more »
May 11, 2021Reinsurance News

AIG anticipates margin expansion throughout 2021/22

Mark Lyons, Chief Financial Officer (CFO) and Peter Zaffino, President and Chief Executive Officer (C... See more »

AIG Press Releases

December 9, 2020Business Wire

AIG Life & Retirement Announces Leadership Changes

NEW YORK--(BUSINESS WIRE)--AIG Life & Retirement, a division of American International Group Inc. (NY... See more »
December 7, 2020Business Wire

AIG to Participate in the UBS Virtual Specialty Insurance/Reinsurance Conference

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Mark L... See more »
June 2, 2020PR Newswire

DALBAR Awards AIG Life & Retirement For Variable Annuity Customer Experience Excellence

MARLBOROUGH, Mass., June 2, 2020 /PRNewswire/ -- DALBAR, Inc., the financial community's leading inde... See more »
April 20, 2020centralcharts

AIG to Report First Quarter 2020 Results on May 4, 2020 and Host Conference Call on May 5

American International Group, Inc. (NYSE: AIG) will report financial results for the first quarter en... See more »
April 17, 2020O'Dwyer's PR News

AIG's Juarez Shifts to DWS

AIG's Kenneth Juarez, a Burson-Marsteller and Abernathy MacGregor veteran, joins DWS Group, an asset ... See more »
March 13, 2020centralcharts

AIG Announces Adjustments to Warrant Exercise Price and Shares Receivable upon Warrant Exercise

American International Group, Inc. (NYSE:AIG) today announced that in accordance with the terms of th... See more »
February 13, 2020centralcharts

AIG Board of Directors Declares Common Stock Dividend and Series A Preferred Stock Dividend

American International Group, Inc. (NYSE: AIG) today announced that its Board of Directors declared a... See more »

AIG Videos

Social Media

AIG Headquarters

175 Water Streeet 24th Floor

New York, New York10038

212-770-7000

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AIG Summary

ABOUT

Overview

American International Group, Inc. (NYSE: AIG), also known as AIG, offers a complete range of general insurance products including insurance for Motor Insurance, Health Insurance and Lifestyle Insurance. It was founded by Cornelius Vander Starr in 191...

CEO

AIG's President & CEO, Peter S Zaffino, currently has an approval rating of 68%. AIG's primary competitors are New York Life, Prudential & Travelers.

Website

aig.com

Frequently Asked Questions about AIG

  1. When was AIG founded?

    AIG was founded in 1919
  2. Who is AIG's CEO?

    AIG's CEO is Peter S Zaffino
  3. How much revenue does AIG generate?

    AIG generates $43.7B in revenue
  4. How much funding does AIG have?

    AIG has historically raised $0 in funding
  5. Where is AIG's headquarters?

    AIG's headquarters is in New York New York, USA
  1. How many employees does AIG have?

    AIG has 49,800 employees
  2. What sector does AIG operate in?

    AIG is in Insurance Brokers, Life & Health Insurance, Property & Casualty Insurance
  3. Who are AIG's competitors?

    AIG's top competitors are New York Life, Prudential, Travelers
  4. Who has AIG invested in?

    AIG's has invested in companies such as DMG, BridgeBio, Azur Underwriting Limited