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American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of 2023, AIG employed 25,200 people. The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary.
On 1 January 2020, Zaffino was promoted to president of AIG and continued as global COO. On March 1, 2021, he became AIG's CEO. Later that year, Zaffino was appointed chairman of the AIG board of directors, effective January 1, 2022. Prior to joining AIG, he was with Marsh & McLennan Companies (MMC) for 16 years.
Duperreault's entire career has been in the insurance industry, beginning in 1973 as an actuary at AIG. He quickly rose through the ranks to become one of AIG's most senior executives, eventually heading all of AIG's international operations.
Career. In 1962, Greenberg was named by AIG's founder, Cornelius Vander Starr, as the head of AIG's North American holdings after working for Continental Casualty Company, a unit of CNA in Chicago. In 1968 Starr picked Greenberg as his successor.
The Holdings of American International Group include the operating entities and subsidiaries of insurance conglomerate American International Group (AIG) that operates in over 130 countries. [1] The company's business consists of four core areas: General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management.
He was elected to the board of AIG in May 2002 and was groomed as a potential CEO. Sullivan succeeded Maurice R. Greenberg, who stepped down as AIG's CEO amidst an accounting scandal. His career and accomplishments at AIG prior to his appointment as CEO were viewed positively.
Corebridge Financial. Corebridge Financial is an American multinational financial services company. It provides annuities, life insurance, asset management, retirement solutions [buzzword], and other services. Corebridge was formed after AIG performed a spin-off on the company via an IPO in 2022. [4]
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.
Tata AIG General Insurance Company Limited (Tata AIG General) is a business collaboration of the Tata Group and American International Group, Inc. ( AIG ). This joint venture has started its operations in India from 22 January 2001. The company provides corporate and personal insurance services and automotive insurance as well.
Thomas A. Russo. Thomas A. Russo (born November 6, 1943) is an American attorney and former Wall Street executive. He served as vice chairman and chief legal officer of Lehman Brothers Holdings Inc. and as general counsel for American International Group (AIG), two of the companies central to the 2008-2009 global financial crisis.