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${Instrument_CompanyName} ${Instrument_Ric} Company Profile |

American International Group, Inc. (AIG), incorporated on June 9, 1967, is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in over 100 countries and jurisdictions. The Company operates through two segments: Commercial Insurance and Consumer Insurance, as well as a Corporate and Other category. Commercial Insurance has three operating segments: Property Casualty, Mortgage Guaranty and Institutional Markets. Consumer Insurance also has three operating segments: Retirement, Life and Personal Insurance. The Company's Corporate and Other includes the Company, as well as certain legacy assets and run-off insurance businesses. The Company groups its insurance-related legal entities into two categories: Non-Life Insurance Companies and Life Insurance Companies. The Company's Non-Life Insurance Companies include property casualty and mortgage guaranty companies, including National Union Fire Insurance Company of Pittsburgh, Pa. (National Union); American Home Assurance Company (American Home); Lexington Insurance Company (Lexington); Fuji Fire and Marine Insurance Company Limited (Fuji Fire); American Home Assurance Company, Ltd. (American Home Japan); AIG Asia Pacific Insurance, Pte, Ltd.; AIG Europe Limited, and United Guaranty Residential Insurance Company (UGRIC). Life Insurance Companies include American General Life Insurance Company (American General Life); The Variable Annuity Life Insurance Company (VALIC); The United States Life Insurance Company in the City of New York (U.S. Life), and AIG Fuji Life Insurance Company Limited (Fuji Life).

Commercial Insurance

The Company's Commercial Insurance segment is a provider of insurance products and services for commercial and institutional customers. It includes property casualty networks, a mortgage guaranty insurer, and an institutional retirement and savings business. Commercial Insurance offers a range of products to customers through a multichannel distribution network. Property Casualty conducts its business primarily through Non-Life Insurance Companies. Mortgage Guaranty conducts its business primarily through United Guaranty Residential Insurance Company. Institutional Markets conducts its business primarily through Life Insurance Companies.

The Company's Property Casualty Product Lines include Casualty, Property, Specialty and Financial. Its Casualty products include general liability, commercial automobile liability, workers' compensation, excess casualty and crisis management insurance products. Casualty also includes risk-sharing and other customized structured programs for large corporate and multinational customers. Property products include commercial, industrial and energy-related property insurance products and services that cover exposures to man-made and natural disasters, including business interruption. Specialty products include aerospace, environmental, political risk, trade credit, surety and marine insurance, and various small and medium sized enterprises insurance lines. Financial products include professional liability insurance for a range of businesses and risks, including directors and officers liability (D&O), fidelity, employment practices, fiduciary liability, cybersecurity risk, kidnap and ransom, and errors and omissions insurance (E&O). Property Casualty products are distributed through a network of independent retail and wholesale brokers, through the United States managing general agent and insurance program administrator.

The Company's Mortgage Guaranty Product Lines include Mortgage insurance and Mortgage Guaranty. Its Mortgage insurance protects mortgage lenders and investors against the increased risk of borrower

default related to high loan-to-value (LTV) mortgages. Mortgage Guaranty products and services are directly distributed to a range of mortgage originators, including national mortgage, community and money center banks, as well as through builder-owned, regional mortgage and Internet-sourced lender and credit unions.

The Company's Institutional Markets Products include stable value wrap products, structured settlement and terminal funding annuities, high net worth products, corporate- and bank-owned life insurance and guaranteed investment contracts (GICs). Institutional Markets products are distributed through marketing and consulting firms and structured settlement brokers.

Consumer Insurance

Consumer Insurance is a franchise that offers a portfolio of retirement, life insurance and property casualty products through multiple distribution networks. The Retirement and Life segments conduct their business primarily through Life Insurance Companies. The Personal Insurance operating segment conducts its business primarily through Non-Life Insurance Companies.

The Company's Retirement Product Lines include Fixed Annuities, Retirement Income Solutions, Group Retirement and Retail Mutual Funds. Its Fixed Annuities products include single and flexible premium fixed annuities, and single premium immediate and deferred income annuities. Retirement Income Solutions' products include variable and fixed index annuities that provide both asset accumulation and lifetime income benefits, as well as investment-focused variable annuities. Variable annuities are distributed through banks, wirehouses, and regional and independent broker-dealers. Fixed index annuities are distributed through banks, broker dealers, independent marketing organizations and independent insurance agents. Group Retirement products are marketed under the VALIC brand and include fixed and variable annuities, mutual funds, and plan administrative and compliance services. VALIC career financial advisors and independent financial advisors provide retirement plan participants with enrollment support and financial planning services. Retail Mutual Funds includes mutual fund sales, and related administration and servicing operations.

The Company's Life Products in the United States include term life and universal life insurance. International products include term and whole life insurance, supplemental health, cancer and critical illness insurance. Life products are distributed through independent marketing organizations, independent insurance agents, financial advisors and direct marketing. The Life segment also offers group products distributed through employers (both employer-paid and voluntary) and sponsored organizations, with the products being basic and supplemental term life, universal life and disability insurance.

The Company's Personal Insurance Product Lines include Accident and Health, and Personal Lines. Its Accident and Health products include voluntary and sponsor-paid personal accident, and supplemental health products for individuals, employees, associations and other organizations, as well as a range of travel insurance products and services for leisure and business travelers. Accident and Health (A&H) products are distributed through various channels, including agents, brokers, affinity partners, airlines and travel agents. Its Personal Lines' products include automobile and homeowners' insurance, extended warranty, and consumer specialty products, such as identity theft and credit card protection. Products are distributed through various channels, including agents, brokers and direct marketing. Personal Insurance also provides insurance for high net worth individuals offered through AIG Private Client Group, including auto, homeowners, umbrella, yacht, fine art and collections insurance.

Category: American mortgage

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