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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.
Founder of C.V. Starr & Co. and the American International Group AIA Group Cornelius Vander Starr (October 15, 1892 – December 20, 1968), sometimes known as Neil Starr , was an American businessman and founder of C.V. Starr & Co. (later known as Starr Companies ) in Shanghai, China, which became insurance giant AIG and AIA Group .
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.
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The Starr Foundation was established in 1955 by Cornelius Vander Starr, an insurance entrepreneur who founded C.V. Starr & Co. and other companies later combined by his successor, Maurice R. Greenberg, into what became the American International Group. Starr, a pioneer of globalization, set up his first insurance venture in Shanghai in 1919.
American General, AIG Life Insurance: Founded: March 8, 1926; ... American General would later merge into New York-based American International Group (AIG).
AIA Group Limited, [3] often known as AIA (Chinese: 友邦保險; pinyin: Yǒubāng Bǎoxiǎn; Jyutping: Jau5 bong1 bou2 him2), is an American-Hong Kong–based multinational insurance and finance corporation. It is the largest publicly traded life insurance group in the Asia-Pacific region. It offers insurance and financial services, writing ...
This group, on May 5, 2016, sold MultiPlan Inc. to Hellman & Friedman for approximately $7.5 billion. [18] Under Greenberg’s leadership, Starr has invested more than $1 billion in China since 2005. Starr led the IPO for the People's Insurance Company of China (PICC), and acquired Dazhong Insurance, the first privatization of a state-owned ...