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American International Group, also known as AIG, is an American multinational finance and insurance corporation. The Company operates through three core businesses: General Insurance, Life & Retirement, and a standalone technology-enabled subsidiary. General Insurance includes Commercial, Personal Insurance, U.S. and International field operations. Life & Retirement includes Group Retirement, Individual Retirement, Life, and Institutional Markets.
TypePublic
Founded1919
HQNew York, US
Websiteaig.com
Employee Ratings3

Latest Updates

Employees (est.) (Dec 2018)49,600
Job Openings1,132
Revenue (FY, 2018)$47.4 B(-4%)
Share Price (Mar 2019)$42.5

Key People/Management at AIG

Brian Duperreault

Brian Duperreault

President and Chief Executive Officer
Robert Schimek

Robert Schimek

Executive Vice President and Chief Executive Officer of Commercial
Seraina Macia

Seraina Macia

EVP
Martha Gallo

Martha Gallo

Executive Vice President and Chief Information Officer
Jeffrey Hurd

Jeffrey Hurd

Executive Vice President AIG Chief Operating Officer
Claudine Macartney

Claudine Macartney

Executive Vice President Chief Human Resources Officer
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AIG Office Locations

AIG has offices in New York, West Des Moines, Albuquerque, Colorado Springs and in 152 other locations
New York, US (HQ)
175 Water St
Show all (156)
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AIG Financials and Metrics

AIG Revenue

AIG's revenue was reported to be $47.39 b in FY, 2018
USD

Revenue (FY, 2018)

47.4b

Net income (FY, 2018)

61.0m

Market capitalization (25-Mar-2019)

36.9b

Closing stock price (25-Mar-2019)

42.5

Cash (31-Dec-2018)

2.9b

EV

68.6b
AIG's current market capitalization is $36.9 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

68.7b64.4b58.3b52.4b49.5b47.4b

Revenue growth, %

(6%)(9%)(10%)

Interest expense

2.1b1.7b1.3b1.3b1.2b1.3b

Income tax expense

360.0m2.9b1.1b185.0m7.5b154.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

14.8b16.1b16.1b16.7b16.0b15.7b12.8b11.8b14.7b12.9b12.6b12.5b11.8b11.7b11.6b

Interest expense

516.0m479.0m463.0m430.0m340.0m316.0m321.0m306.0m320.0m329.0m298.0m292.0m290.0m277.0m299.0m

Income tax expense

(993.0m)614.0m1.5b820.0m1.3b777.0m65.0m(58.0m)924.0m304.0m516.0m557.0m(1.1b)277.0m321.0m

Net Income

2.1b1.6b3.0b2.2b2.5b1.8b(197.0m)(203.0m)1.9b436.0m1.2b1.1b(1.7b)949.0m931.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.2b1.8b1.6b1.9b2.4b2.9b

Inventories

328.2b322.3b314.2b

Total Assets

541.3b515.6b496.9b498.3b498.3b492.0b

Accounts Payable

2.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

2.1b2.5b1.8b1.9b1.8b1.9b1.6b1.5b1.8b2.5b1.9b2.5b2.4b2.1b2.1b

Inventories

358.0b358.0b370.0b366.0b357.0b348.6b346.0b342.8b350.7b346.4b315.5b320.7b321.1b322.4b319.8b

Total Assets

541.0b547.0b529.0b527.0b521.0b510.0b502.0b502.8b510.3b514.6b500.2b499.8b503.1b499.1b496.8b

Long-term debt

42.2b39.5b38.4b36.2b32.0b30.4b30.7b32.0b33.3b32.3b30.7b31.8b31.0b33.6b33.8b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

9.1b7.5b2.2b(349.0m)

Cash From Operating Activities

5.9b5.0b2.9b2.4b

Cash From Investing Activities

7.1b14.3b8.5b4.7b

Long-term Borrowings

(14.2b)(16.2b)(9.8b)(4.1b)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Net Income

2.1b1.6b3.0b2.2b2.5b4.3b(197.0m)(203.0m)1.7b2.2b1.2b2.3b949.0m1.9b

Cash From Operating Activities

493.0m(968.0m)571.0m1.8b(10.4b)(9.3b)(938.0m)(340.0m)

Cash From Investing Activities

5.3b385.0m(264.0m)325.0m14.5b14.9b(2.0b)(1.5b)

Long-term Borrowings

(3.7b)(958.0m)(2.9b)(7.7b)(602.0m)(1.6b)(1.3b)(2.0b)
USDY, 2018

EV/CFO

-201.7 x

Revenue/Employee

955.4k

Financial Leverage

8.6 x
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AIG Operating Metrics

AIG's Customers was reported to be 90 m in FY, 2017. AIG's Transactions' Volume was reported to be $13b in FY, 2016.
FY, 2014FY, 2015FY, 2016FY, 2017

Claims Processed, units

11.60 k8.45 k

Customers

90 m90 m

Insurance Policies Owned

38.29 k31.29 k

Transactions' Volume

$13 b
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AIG Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Validus HoldingsJanuary 22, 2018$5.56 b

AIG Revenue Breakdown

Embed Graph

AIG revenue breakdown by business segment: 9.6% from Legacy Portfolio, 44.0% from Consumer Insurance, 7.3% from Other Operations and 39.1% from Commercial Insurance

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AIG Online and Social Media Presence

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AIG News and Updates

Stocks making the biggest moves midday: MGM Resorts, AIG, Marathon Oil & more

Names on the move ahead of the open.

Stocks making the biggest moves after hours: Cisco, AIG, Yelp and more

See which stocks are posting big moves after the bell.

AIG swings to loss, hit by catastrophes and volatile market

American International Group Inc on Wednesday reported a quarterly loss as the insurer was hit with catastrophe losses and made a lower return on investments in a volatile market.

AIG posts loss as market volatility hits investment income

American International Group Inc posted a fourth-quarter adjusted loss on Wednesday, as the insurer's net investment income fell 18 percent due to volatility in the financial markets.

Investors taking stock of whether AIG will hit profit target

As American International Group Inc reports its fourth-quarter results on Wednesday, investors will be looking to see if the insurer is closing in on an elusive profit target.

Oscar Health taps former AIG executive Sid Sankaran as CFO

Oscar's announcement credits Sankaran with being a "key member" of the executive team which helped the insurer through its restructuring and relisting in an IPO, after the financial crisis.
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AIG Frequently Asked Questions

  • When was AIG founded?

    AIG was founded in 1919.

  • Who are AIG key executives?

    AIG's key executives are Brian Duperreault, Robert Schimek and Seraina Macia.

  • How many employees does AIG have?

    AIG has 49,600 employees.

  • What is AIG revenue?

    Latest AIG annual revenue is $47.4 b.

  • What is AIG revenue per employee?

    Latest AIG revenue per employee is $955.4 k.

  • Who are AIG competitors?

    Competitors of AIG include Marsh & McLennan Companies, Brighthouse Financial and Allianz.

  • Where is AIG headquarters?

    AIG headquarters is located at 175 Water St, New York.

  • Where are AIG offices?

    AIG has offices in New York, West Des Moines, Albuquerque, Colorado Springs and in 152 other locations.

  • How many offices does AIG have?

    AIG has 156 offices.