Submit a claim online or call our assistance hotline at 877-244-0304.Our Task Force on Climate-related Financial Disclosures report highlights our sustainability strategy.As more people are living longer lives, we want to help them prepare for longer retirements. Read about our significant foundational work positioning AIG for sustainable, profitable growth.Learn more about how AIG is handling affirmative cyber and what changes are being made to policies.Use your creativity, problem-solving skills and passion toward a rewarding career. Luxembourg number B 218806. This letter was the latest volley in what On June 15, 2008, after disclosure of financial losses and subsequent to a falling stock price, Sullivan resigned and was replaced by In late 2008, the federal government bailed out AIG for $180 billion, and technically assumed control, because many believed its failure would endanger the financial integrity of other major firms that were its trading partners--Illustrating the danger of an AIG bankruptcy, a September 17, 2008, AIG had sold credit protection through its London unit in the form of In March 2009, AIG compounded public cynicism concerning the "too big to fail" firm's bailout by announcing that it would pay its executives over $165 million in executive bonuses.AIG began selling some assets to pay off its government loans in September 2008 despite a global decline in the valuation of insurance businesses, and the weakening financial condition of potential bidders.AIG then sold its American Life Insurance Co. (ALICO) to MetLife Inc. for $15.5 billion in cash and MetLife stock in March 2010.AIG sold its Taiwanese life insurance company Nan Shan Life to a consortium of buyers for $2.16 billion in January 2011.Nine years after the initial bailout, in 2017, the U.S. Financial Stability Oversight Council removed AIG from its list of too-big-to-fail institutions.On October 12, 2012, AIG announced a five and a half year agreement to sponsor six New Zealand-based rugby teams, including the world champion The U.S. Department of the Treasury in December 2012 published an itemized list of the loans, stock purchases, special purpose vehicles (SPVs) and other investments engaged in with AIG, the amount AIG paid back and the positive return on the loans and investments to the government.AIG began an advertising campaign on January 1, 2013, called "Thank You America," in which several company employees, including AIG President and CEO Robert Benmosche, talked directly to the camera and offered their thanks for the government assistance.Brian Duperreault was appointed CEO of AIG on May 15, 2017.In Australia and China, AIG is identified as a large financial institution and provider of financial services including credit security mechanisms.AIG offers property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services.Hank Greenberg, with lead lawyer David Boies, independently sued the U.S. Government for money damages in the United States Court of Federal Claims in 2011.Greenberg and the U.S. Government appealed to the Court of Appeals for the Federal Circuit, which ruled that Greenberg had no legal right to challenge the bailout because that right belonged to AIG, which in this case, chose not to sue.AIG filed suit against the Federal Reserve Bank of New York in January 2013 in order to maintain the former's right to sue Bank of America and other issuers of bad mortgage debt.On May 7, 2013, Los Angeles U.S. District Judge, Mariana Pfaelzer, ruled in a case between AIG and Bank of America concerning possible misrepresentations by Merrill Lynch and Countrywide as to the quality of the mortgage portfolio, that $7.3 billion of the disputed claims had not been assigned. AIG Retirement Services represents AIG member companies - The Variable Annuity Life Insurance Company (VALIC), Houston, TX and its subsidiaries, VALIC Financial Advisors, Inc. (VFA) and VALIC Retirement Services Company (VRSCO).â¯All companies are members ofâ¯American International Group, Inc. (AIG).â¯â¯Products and services may not be available in all states and product features may vary by state. Get yourDiscover how an annuity can help you get ready for retirement and secure protected lifetime income.You can make a one-time electronic payment or request a recurring draft through eService. We've helped American families guard their financial futures for almost 100 years. Take steps today to prepare for the uncertainties of tomorrow. After World War II, American International Underwriters (AIU) entered JapanThe 1970s presented many challenges for AIG as operations in the Middle East and Southeast Asia were curtailed or ceased altogether due to the changing political landscape. Policies and annuities â¯issued by American General Life Insurance Company (AGL), Houston, TX except in New York, where issued by The United States Life Insurance Company in the City of New York (US Life). Variable annuities are distributed by AIG Capital Services, Inc. (ACS).â¯Issuing companies AGL and US Life are responsible for financial obligations of insurance products.
AIG Europe S.A. is an insurance undertaking with R.C.S. American International Group UK Limited is registered in England: company number 10737370. AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig… Please upgrade to IE 11 or above; or try using a different browserHelping you prepare for times of uncertainty is at the heart of what we do.For important information from AIG, please visit our Coronavirus Updates page.
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. Helping clients stay ahead of risk and serving as their partner in times of need is WHY AIG is here. Help protect your loved ones with term life insurance.Guaranteed acceptance permanent coverage, ages 50 â 85, with no medical exams.Our 2019 financial results reflect significant progress in positioning AIG for sustainable, profitable growth.Zaffino to continue as Global Chief Operating Officer and Chief Executive Officer of General Insurance.
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