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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]
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.
Peter Zaffino (born 1967) [1] is an American insurance industry executive. [2] [3] He is the chairman and CEO of the American International Group (AIG).[4] [5]Zaffino joined AIG in August 2017 as executive vice president and global chief operating officer. [6]
His new book, The AIG Story, chronicles the rise and growth of AIG, including the fall and bailout in 2008. Mr. Greenberg, thank you for taking the time to talk to us today. Hank Greenberg: Thank you.
He was appointed President & Chief Executive Officer by the US Department of Treasury and AIG Board of Directors to succeed Edward M. Liddy. [2] [3] Benmosche is known for his leadership at AIG, where he led a turnaround, improved profits 60% year over year, and paid down government aid pledged by the Bush and Obama Administrations. [4] [5]
Greenberg and Lawrence A. Cunningham wrote The AIG Story, published in 2013. [61] Greenberg's career is chronicled in the 2006 book Fallen Giant: The Amazing Story of Hank Greenberg and the History of AIG. [62] He and his son, Jeffrey, are also discussed in the 2011 book All the Devils Are Here: The Hidden History of the Financial Crisis. [63]
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He began working for AIG later that year as an underwriter. [5] During the 25 years he worked for AIG, Greenberg held a number of senior management positions. He ran AIG's Japan and Korea operations from 1991 to 1994. [4] He then oversaw all international property-casualty operations from AIG's New York offices. [4]
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