What does AIG mean?

American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.

What is the abbreviation for American International Group?

For other uses, see AIG (disambiguation). American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of January 1, 2019

When did AIG go public?

In 1967, American International Group, Inc. (AIG) was incorporated as a unifying umbrella organization for most of C.V. Starr's general and life insurance businesses. In 1968, Starr named Greenberg his successor. The company went public in 1969. AIG Headquarters in New York

What did AIG do to reduce its debt?

In December 2009, AIG formed international life insurance subsidiaries, American International Assurance Company, Limited (AIA) and American Life Insurance Company (ALICO) which were transferred to the Federal Reserve Bank of New York to reduce its debt by US$25 billion.