About AIG: A Global Leader in Insurance and Risk Management

American International Group, Inc. (AIG) is a premier global insurance organization, renowned for delivering innovative insurance solutions and underwriting excellence across various industries, including aviation. With a legacy spanning over a century, AIG combines deep industry knowledge with a commitment to helping clients manage risk and achieve their goals.

✈️ AIG in Aviation Insurance

AIG’s Aviation division offers specialized coverage tailored to the unique needs of the aviation sector. Their offerings encompass:

Aircraft Hull and Liability Insurance: Protecting against physical damage to aircraft and third-party liabilities.
Hangar and Ground Operations Coverage: Safeguarding ground facilities and operations.
Specialized Operations Insurance: Catering to aerial photography, charter services, and more.

AIG’s aviation underwriters are seasoned professionals who understand the complexities of the aviation industry, making them a trusted partner for brokers and insurance providers alike.

🏢 Company Overview

Founded: 1919 in Shanghai, China, by Cornelius Vander Starr
Headquarters: 1271 Avenue of the Americas, New York, NY 10020, USA
Global Presence: Operations in over 80 countries and jurisdictions
Employees: Approximately 25,200 as of 2023
Leadership: Peter Zaffino serves as Chairman and CEO

📈 Financial Strength and Market Presence

Stock Listing: Traded on the New York Stock Exchange under the ticker symbol AIG
Financial Highlights (2024):
- Operating Income: $3.87 billion
- Net Income: -$1.43 billion
- Equity: $45.52 billion
Clientele: Serves 87% of the Fortune Global 500 and 83% of the Forbes 2000 companies

🕰️ Historical Milestones

1939: Relocated headquarters from Shanghai to New York City
1969: Became a publicly traded company
2008: Received a U.S. government bailout during the financial crisis; fully repaid by 2012
2022: Spun off its Life and Retirement business as Corebridge Financial

🌍 Commitment to Diversity and Innovation

AIG is dedicated to fostering a diverse and inclusive workplace, recognized by DiversityInc as one of the Top 50 Companies for Diversity for six consecutive years. The company continues to invest in technological advancements and innovative solutions to meet the evolving needs of its clients.

Partnering with AIG ensures access to a wealth of experience, financial stability, and a comprehensive suite of insurance solutions tailored to the aviation industry.