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American International Group, Inc. (AIG)

NYSE - NYSE Delayed price. Currency in USD
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71.32+0.44 (+0.62%)
At close: 04:00PM EST
71.82 +0.50 (+0.70%)
After hours: 06:07PM EST

American International Group, Inc.

1271 Avenue of the Americas
New York, NY 10020
United States
212 770 7000
https://www.aig.com

Sector(s)Financial Services
IndustryInsurance - Diversified
Full-time employees25,000

Key executives

NameTitlePayExercisedYear born
Mr. Peter Salvatore ZaffinoChairman, CEO & President9.67MN/A1967
Mr. David Hughes McElroyExecutive VP & Chairman of General Insurance5.19MN/A1959
Mr. Kevin Timothy HoganPresident & CEO of Corebridge Financial, Inc.3.74MN/A1962
Ms. Sabra Rose Purtill C.F.A.Executive VP & CFON/AN/A1964
Mr. Claude E. WadeExecutive VP, Chief Digital Officer & Global Head of Business OperationsN/AN/A1969
Ms. Elaine Ann RochaGlobal Chief Investment OfficerN/AN/A1973
Ms. Kathleen CarboneVP & Chief Accounting OfficerN/AN/A1973
Mr. Roshan NavagamuwaExecutive VP & Chief Information OfficerN/AN/A1978
Mr. Ted T. DevineExecutive VP & Chief Administrative OfficerN/AN/A1963
Mr. Quentin John McMillanVP, MD & Head of Investor RelationsN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; and professional liability insurance. This segment offers marine, energy-related property insurance, aviation, political risk, trade credit, trade finance, and portfolio solutions, as well as operates reinsurance business; voluntary and sponsor-paid personal accident, and supplemental health products; and personal auto and personal property insurance. Its Life and Retirement segment offers individual retirement products, including variable, fixed index, and fixed annuities, as well as retail mutual funds; group retirement products comprising record-keeping, plan administrative and compliance services, financial planning, and advisory solutions; life insurance, including term and universal life insurance; and institutional markets products, which includes wrap products, structured settlement, pension risk transfer annuities, corporate and bank-owned life insurance, high net worth, and guaranteed investment contract products. It distributes its products through a network of brokers, agents, advisors, banks, and other distributors. The company was founded in 1919 and is headquartered in New York, New York.

Corporate governance

American International Group, Inc.’s ISS governance QualityScore as of 1 February 2024 is 2. The pillar scores are Audit: 4; Board: 2; Shareholder rights: 6; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.