Where is the AIG headquarters?
Where is the AIG headquarters?
New York, NY
American International Group/Headquarters
What countries is AIG in?
Worldwide
- Americas. AIG Facultative Desk Latam. Bermuda. Brazil. Canada. Ecuador. Mexico. Puerto Rico and The Caribbean. United States. Venezuela.
- Europe. Austria. Bulgaria. Belgium. Cyprus. Czech Republic. Denmark. Finland. France. Hungary.
- Middle East. Israel. Kuwait. Lebanon. Oman. Qatar. United Arab Emirates.
- Africa. Egypt. Kenya. South Africa.
What kind of company is AIG?
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 January 1, 2019, AIG companies employed 49,600 people.
Is AIG in Germany?
Company Description: AIG Europe S.A., Direktion für Deutschland is located in Heilbronn, Baden-Württemberg, Germany and is part of the Agencies, Brokerages, and Other Insurance Related Activities Industry. There are 1,663 companies in the AIG Europe S.A., Direktion für Deutschland corporate family.
Is AIG and American General the same company?
American General Life Insurance Company was established in 1960. As American General expanded its national presence and added new financial products and services over the years, the company was acquired by American International Group (AIG) in 2001.
What did AIG do wrong?
AIG was accruing unpaid debts—collateral it owed its credit default swap partners, but did not have to hand over due to the agreements’ collateral provisions. But when AIG’s credit rating was lowered, those collateral provisions kicked in—and AIG suddenly owed its counterparties a great deal of money.
Is AIG still around?
You may be surprised to learn that the American International Group Inc., better known as AIG (NYSE: AIG), is still alive and kicking, and is no longer considered a threat to the financial stability of the United States.
Is AIG owned by China?
As one of the first foreign investors in China — AIG was founded nearly 80 years ago in China, and returned in 1975, after leaving during the country’s civil war in the 1940s — the company has long been astute at cultivating official goodwill.
Is AIG a Chinese company?
AIG Insurance Company China Limited (AIG China), a subsidiary of American International Group (AIG), is a licensed insurance company in China, with branches operating in Beijing, Shanghai, Guangdong Province, Shenzhen, Jiangsu Province, Zhejiang Province, and marine insurance operation center in Shanghai.
How many AIG offices are there?
AIG Operating Metrics
| FY, 2017 | FY, 2018 | |
|---|---|---|
| Countries (Customers) | 80 | 80 |
| Countries (Offices) | 61 | 57 |
| Customers | 90 m | |
| Offices (Overseas) | 380 | 351 |
What was the AIG scandal?
AIG was one of the beneficiaries of the 2008 bailout of institutions that were deemed “too big to fail.” The insurance giant was among many that gambled on collateralized debt obligations and lost. AIG survived the financial crisis and repaid its massive debt to U.S. taxpayers.
What caused the collapse of AIG?
The company’s credit default swaps are generally cited as playing a major role in the collapse, losing AIG $30 billion. But they were not the only culprit. Securities lending, a less-discussed facet of the business, lost AIG $21 billion and bears a large part of the blame, the authors concluded.
