Stock Report: American International Group Inc. (AIG) Report Updated: May 13, 2013 | Print This Page

American International Group, Inc. engages in the provision of insurance products and services for the commercial, institutional, and individual customers in the United States and internationally. The company operates in three segments: Chartis, SunAmerica Financial Group, and Aircraft Leasing. The Chartis segment offers casualty insurance products that cover general liability, commercial automobile liability, workers' compensation, excess casualty, and crisis management coverages; industrial and commercial property insurance products and energy, which covers man-made and natural disaster exposures; environmental, political risk, trade credit, surety, marine, and aerospace insurance products; and various forms of professional liability insurance products. It also provides personal accidental and supplemental health products, including accidental death and disability, accidental medical reimbursement, hospital indemnity, and medical excess; travel insurance products and services; automobile, homeowners, and extended warranty insurance; and life insurance products. This segment distributes its insurance products and services through brokers, agents, and wholesalers. The SunAmerica Financial Group segment offers term life, universal life, accident & health, fixed and variable deferred annuities, fixed payout annuities, mutual funds, and financial planning products and services. It distributes its products through banks, broker-dealers, financial advisors, independent marketing organizations, insurance agents, structured settlement brokers, benefit consultants, and direct-to-consumer platforms. The Aircraft Leasing segment acquires and leases commercial jet aircraft to airlines. The company is also involved in the issuance of residential mortgage guaranty insurance that covers mortgage lenders, as well as derivatives intermediary activities. American International Group, Inc. was founded in 1919 and is based in New York, New York.