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AIG's AIU Insurance unit has run a P&C insurance in the country since 1946, and is now the largest foreign nonlife insurer with 14,000 agents nationwide. [3] In retail auto and L&H space, AIG owns American Home and Fuji Fire and Marine Insurance company. [4] Since Jan 2018 AIU and FFM business units merged in AIG Sonpo.
AIG's corporate headquarters are in New York City and the company also has offices around the world. AIG serves 87% of the Fortune Global 500 and 83% of the Forbes 2000. [11] AIG was ranked 60th on the 2018 Fortune 500 list. [12] According to the 2016 Forbes Global 2000 list, AIG is the 87th largest public company in the world. [13]
At the age of 26 in 1973, shortly after completing his military service, Duperreault was hired at AIG as an actuary. [12] [10] AIG at the time was a midsize property-casualty insurer, and was in the early stages of its transformation by CEO Maurice R. "Hank" Greenberg into one of the world's largest financial-services firms.
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CareerBuilder was founded by Robert J. McGovern [12] in 1995 under the name NetStart Inc. [11] They originally sold software allowing companies to list job openings on their Web sites and to manage the incoming e-mails those listings created. In 1996, Netstart raised $2 million in investment. [13] [14]
In 2000, Noel, David LaFayette, and Nathan LaFayette created Travel Guard-Canada to offer travel insurance and travel services to Canadians. In May 2006, New York-based American International Companies, Inc. (AIG) acquired Travel Guard. In July 2009, the company moved to its new home in a business park located off I-39 in Stevens Point.
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The market value of the 79.9% of AIG common stock the government acquired on the day the government agreed to loan AIG up to $85 billion was $55.4 billion. By the end of 2012, AIG had repaid all of its loans and the government had made a $17.7 billion profit on the AIG equity it had acquired as a result, plus $6.7 billion in interests and fees ...
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