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VALIC's headquarters are in Houston, Texas. VALIC ranks in the top 10 of all U.S. and Canadian life insurance companies, [citation needed] based on more than $86 billion in total customer assets under management as of December 31, 2014. The company is a certified member of the Insurance Marketplace Standards Association (IMSA).
In 2020, AIG announced plans to perform the spin-off with a 2022 IPO. In July 2021, the company announced that Blackstone Group would acquire 9.9% of the new unit for $2.2 billion cash. Blackstone and AIG also entered a long-term asset management agreement for about one quarter of AIG's life and retirement portfolio, set to increase in ...
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. [6] As of 2023, AIG employed 25,200 people. [2] The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary.
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.
The firm was founded by American International Group (AIG) in 2002. In 2016, Lightyear Capital, LLC and PSP Investments bought the then named AIG Advisor Group from AIG. [ 5 ] In 2019, Reverence Capital Partners bought Advisor Group for $2.3 billion.
The American General Center is a complex of several office buildings in Neartown Houston, Texas located along Allen Parkway. [1] [2] It is the global headquarters for Corebridge Financial, formerly American General.
In July 2009, the company moved to its new home in a business park located off I-39 in Stevens Point. AIG subsidiary, National Union Fire Insurance Company, underwrites Travel Guard policies. In 2012, Travel Guard became the product range name for all travel-related products and services of AIG.
Equitable Holdings, Inc. (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde.