Monday, January 11, 2016

AIG - American International Group Insurance Company

AIG’s corporate headquarters are in New York City, its Europe, Middle East, and Africa (EMEA) headquarters are in London, and its Asian headquarters are in Hong Kong. The company serves 98% of the Fortune 500 companies, 96% of Fortune 1000, and 90% of Fortune Global 500, and insures 40% of Forbes 400 Richest Americans. AIG was ranked 40th largest company in the 2014 Fortune 500 list.According to the 2014 Forbes Global 2000 list, AIG is the 42nd-largest public company in the world.On March 31, 2015, AIG had a market capitalization of $75.04 billion.


  AIG records its origins back to 1919, when America Cornelius Vander Starr (1892-1968) established a general insurance policy company, America Asiatic Underwriters (AAU), in Shanghai, Chinese suppliers. The company grew rapidly, and two years later, Starr established an insurance policy coverage operation. By the delayed Twenties, AAU had divisions throughout Chinese suppliers and Southeast Japan, including the Malaysia, Malaysia, and Malaysia.In 1926, Mr. Starr opened his first office in the United States, America International Underwriters Corporation (AIU).He also focused on opportunities in Latina America and, in the delayed Thirties, AIU joined Havana, Cuba. The steady growth of the Latina America agencies proved significant as it would counterbalance the decline operating from Japan due to the upcoming World War II. In 1939, Mr. Starr moved his head office from Shanghai, Chinese suppliers, to New York City.
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