American Intl Group Net Worth is$50.3 B
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Type: Public company

Traded As: AIG, S&P 500

Industry: Insurance, Financial services

Foundation: Shanghai, China (1919)date

Founder: Cornelius Vander Starr

Location City: 180 Maiden Lane, New York City

Location Country: , New York, United States

Key People: Bob Benmosche, [

Area Served: Worldwide

Products: Annuity (US financial products), mutual funds

Revenue: 077.301 1000000000 (number) (2010)
Operating Income: 017.936 billion (2010)
Net Income: 007.786 billion (2010)
Assets: {{Decrease US$ 683.443 billion (2010)}}
Equity: num employees

Homepage: {{URL/

American International Group, Inc. NYSE: AIG, also known as AIG, is an American multinational insurance corporation. Its corporate headquarters is reported as 180 Maiden Lane in New York City (was formerly in the American International Building in New York City). The British headquarters office is on Fenchurch Street in London, continental Europe operations are based in La DA(C)fense, Paris, and its Asian headquarters office is in Hong Kong. According to the 2011 Forbes Global 2000 list, AIG was the 29th-largest public company in the world. It was listed on the Dow Jones Industrial Average from April 8, 2004 to September 22, 2008.
AIG suffered from a liquidity crisis when its credit ratings were downgraded below "AA" levels in September 2008. The United States Federal Reserve Bank on September 16, 2008 created an $85 billion credit facility to enable the company to meet increased collateral obligations consequent to the credit rating downgrade, in exchange for the issuance of a stock warrant to the Federal Reserve Bank for 79.9% of the equity of AIG. The Federal Reserve Bank and the United States Treasury by May 2009 had increased the potential financial support to AIG, with the support of an investment of as much as $70 billion, a $60 billion credit line and $52.5 billion to buy mortgage-based assets owned or guaranteed by AIG, increasing the total amount available to as much as $182.5 billion. AIG subsequently sold a number of its subsidiaries and other assets to pay down loans received, and continues to seek buyers of its assets.
AIG history dates back to 1919, when Cornelius Vander Starr established an insurance agency in Shanghai, China. Starr was the first Westerner in Shanghai to sell insurance to the Chinese, which he continued to do until AIG left China in early 1939a??as Mao Zedong led the advance of the Communist People's Liberation Army on Shanghai. Starr then moved the company headquarters to its current home in New York City. The company went on

American Intl Group Latest News

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Posted: August 18, 2017, 1:49 pm

Hartford Financial Services Group, Inc. (The) (HIG) versus American International Group (AIG) Financial Analysis

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Posted: August 21, 2017, 7:34 pm

Trademark Application for “LEXINGTON” Filed by American International Group

The international trademark goods and services class code for this trademark application is 036. The serial number for this application is 73692767. As submitted by the applicant, this trademark application relates to the following goods and services ...
Posted: August 9, 2017, 1:00 am

American International Group Inc

29 days at current score. Upgraded from Neutral on July 13th 2017 View full report here! Bearish sentiment Short interest | Positive Short interest is extremely low for AIG with fewer than 1% of shares on loan. This could indicate that investors who seek ...
Posted: August 10, 2017, 9:39 pm

The New #150 Most Shorted S&P 500 Component: American International Group

In our new rank based on the most recent short interest data, American International Group Inc (NYSE:AIG) has taken over the position of #150 most shorted S&P 500 component, from Darden Restaurants, Inc. (NYSE:DRI) which is now in the #151 spot. The "days ...
Posted: August 10, 2017, 1:05 pm
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