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American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. [ 6 ] As of 2023, AIG employed 25,200 people. [ 2 ] The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled ...
In August 2017, the firm announced the acquisition of employee benefits insurance agency Ballard Benefit Works, Inc., based in Howell, Michigan. [ 20 ] In September 2023, it was announced Arthur J. Gallagher & Co. had agreed to acquired the Natick, Massachusetts -headquartered, Eastern Insurance Group, a subsidiary of Eastern Bank .
The AIG bonus payments controversy began in March 2009, when it was publicly disclosed that the American International Group (AIG) insurance corporation was going to pay approximately $218 million (~$301 million in 2023) [ 1] in bonus payments to employees of its financial services division. AIG is notable for having received taxpayer bailouts ...
Late last year, American International Group reached a deal to sell its aircraft leasing unit to AerCap Holdings for the equivalent of $5.4 billion. But AIG's stake in the aircraft leasing ...
AIA Central in Hong Kong. The Holdings of American International Group include the operating entities and subsidiaries of insurance conglomerate American International Group (AIG) that operates in over 130 countries. [1] The company's business consists of four core areas: General Insurance, Life Insurance & Retirement Services, Financial ...
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Website. www.corebridgefinancial.com. Corebridge Financial is an American multinational financial services company. It provides annuities, life insurance, asset management, retirement planning, and other services. Corebridge was formed after AIG performed a spin-off of the company via an IPO in 2022.
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