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AIG Insurance Ratings and Company Information
Best Insurance Reports: A
Url of page where rating was collected:
Type of Insurance Company: Stock
Name of Parent Company:
American Insurance Group, Inc.
AIG Mortgage Insurance
SunAmerica Focused Alpha Growth Fund Inc
American General Finance
And several others
Company History: In 1919 American Asiatic Underwriters was founded by Cornelius Vander Starr in Shanghai, China. In 1939 the company's headquarters relocated to New York City with operations spreading internationally in the 1940's. From 1960 to 1969 AIG was formed as a unifying umbrella organization. Now AIG's General Insurance operations include the largest U.S. underwriters of commercial and industrial insurance, the most extensive international property-casualty network, a personal lines business with an emphasis on auto insurance and high-net-worth clients and mortgage guaranty insurance operations. AIG is a publicly traded insurance group, with a holding company structure, headquartered in New York City and operating in the United States and internationally. AIG does business in more than 130 countries and jurisdictions through more than 100 U.S. and foreign subsidiaries.
Principle Sales Methods: AIG sells insurance via www.aigdirect.com.
Life Annuity Business: AIG offers Term Life Insurance, Quality of Life Insurance, Index Universal Life Insurance, Variable Universal Life Insurance, Universal Life Insurance, and AIG Whole Life Insurance.
Auto Business: AIG offers a Travel Guard's Rental Collision Insurance plan for $9 a day
Homeowners Business: AIG coverage includes: rebuilding costs, contents replacement, additional living expenses, back-up of sewers and drains, landscaping coverage, cash settlement options, and damage caused by domestic pets. They also offer a private client Wildfire Protection Unit for those who live in areas prone to wildfires.
Health Business: AIG offers college student health insurance. The company also offers Direct Accidental Death and Direct Accident Expense insurance, along with disability insurance.
Special Business: AIG provides numerous lines of insurance including multiple types of travel insurance.
Company Financial Status:
Ticker Symbol: AIG
Assets & Premiums: 2013 Results:
Total Assets: $541.3 billion
Total Liabilities: $443.251 billion
Total Stockholder Equity: $100.5 billion
Lines of Insurance:
Health, Long Term Care, Life, Disability, Homeowners
States licensed to sell insurance in:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY