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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. [2]
Retrieved from "https://en.wikipedia.org/w/index.php?title=American_General_Life_Insurance_Company&oldid=455649295"
The American General Insurance Company was formed on May 8, 1926 by Gus Sessions Wortham in Houston, Texas. Wortham worked for the Texas Fire Rating Board in Austin, Texas before moving to Houston in 1912. Before starting American General, he worked at his father's insurance company, John L. Wortham & Son Agency, until his death in 1924. [5]
In March 2003 American General merged with Old Line Life Insurance Company. [37] In the early 2000s, AIG made significant investments in Russia as the country recovered from the 1998 Russian financial crisis. In July 2003, Maurice Greenberg met with Putin to discuss AIG's investments and improving U.S.-Russia economic ties, in anticipation of ...
He moved with his father to Houston and opened John L. Wortham and Son, an insurance agency. Eleven years later he founded the American General Insurance Company with Jesse H. Jones, James A. Elkins, and John W. Link. [2] American General was acquired by American International Group on August 29, 2001. [1]
Robert B. "Bob" Willumstad is a former chairman and CEO of the American International Group (AIG). He was born on August 22, 1945, in Brooklyn and grew up in Elmont on Long Island. His alma mater is Adelphi University. He and his wife Carol reside in New York City, and have two adult daughters and three grandchildren.
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