Even to this day American International Group (AIG) is one of the world's largest insurance firms. While it held the spotlight for staggering losses and government bailouts, the company's subsidiaries have steadily provided general property/casualty insurance, life insurance and retirement services, financial services, and residential mortgage guaranty insurance to commercial, institutional, and individual customers in the US and more than 130 countries around the world. In exchange for $161.3 billion in bailouts, at one point the US government held more than 90% of AIG. An exit plan of repayments and stock sales gradually shrunk that number. By 2013 the US Treasury had sold all of its AIG shares.
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| | Contact Information |
Address: |
175 Water St New York, NY 10038-4969
| Phone: | 212-770-7000 | Fax: | |
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Financial
Highlights | Fiscal Year End: | December | Revenue (2014): | 64406.00 M | Revenue Growth (1 yr): | (-6.20%) | Employees (2014): | 65,000 | Employee Growth (1 yr): | 1.60% |
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Key People
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Director:
Douglas M. Steenland
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Vice Chairman:
Stephen Wong
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Senior Vice Chairman:
Thomas R Tizzio
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