AIG Insurance Home | AIG US (2024)

FAQs

Is AIG still too big to fail? ›

Now that American International Group Inc. is no longer too big to fail, it has a goal: Get bigger. The U.S. freed the New York-based insurer from enhanced regulation, removing the scarlet letter it wore since the 2008 financial crisis.

AIG reports net loss of $3.97bn in Q2 2024

The company's performance was hit by the recognition of a $4.7bn loss following the deconsolidation of Corebridge Financial.

We provide an initial response to claims within 48 hours. You will have a single point of contact throughout the lifecycle of the claim. We allocate our claims to a centre of excellence based on complexity.

AIG has a solid financial strength rating of A from A.M. Best, a credit rating agency that gives insurance companies financial strength ratings.

What Was AIG's Accounting Scandal? But the glint began to fade from AIG's untarnished reputation in 2005, when auditors discovered that the company had overstated its earnings by $3.9 billion.

American International Group, Inc.

(AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.

"AIG Announces Plan to Rebrand its Life & Retirement Business as Corebridge Financial." Accessed February 13, 2023.

Based on 16 Wall Street analysts offering 12 month price targets for American International Group in the last 3 months. The average price target is $84.86 with a high forecast of $93.00 and a low forecast of $77.00. The average price target represents a 18.01% change from the last price of $71.91.

Your approval is guaranteed. Because approval is guaranteed, there is a two-year waiting period. If you die in the first 24 months, AIG will only refund 110% of your premiums. Accidental death is the only exception to the waiting period.

How do I check the status of my AIG claim? ›

Find your claim

Please enter your policy number and vehicle number to check your claims status. Please enter your policy number and claim number to check your claims status.

American General Life Insurance Company is a wholly-owned subsidiary of AGC Life Insurance Company (AGC Life or the Parent), an indirect, wholly-owned subsidiary of American International Group, Inc. (AIG Parent).

AIG is one of a handful of stocks that have increased their value in each of the last 3 years, but that still wasn't enough for it to consistently beat the market. Returns for the stock were 50% in 2021, 11% in 2022, and 7% in 2023.

The AIG bonus payments controversy began in March 2009, when it was publicly disclosed that the American International Group (AIG) insurance corporation was going to pay approximately $218 million (~$301 million in 2023) in bonus payments to employees of its financial services division.

As a leader in commercial and personal insurance solutions, we are one of the world's most far-reaching property-casualty networks, offering a broad range of products, including Liability, Financial Lines, Property, Global Specialty, Crop Risk Services, Personal Lines and Accident & Health.

AIG also repaid $459 million aggregate principal amount of maturing debt. AIG parent liquidity was $5.1 billion as of March 31, 2024. Total debt and preferred stock to total capital at March 31, 2024 was 28.1%, down from 28.5% at December 31, 2023, primarily driven by debt repayment and the preferred stock redemption.

If AIG failed, it would trigger a domino effect globally as the insurance giant had provided protections worth more than half a trillion dollars, including $300 billion to banks in the U.S. and in Europe.