The Holdings of American International Group includes operating entities and subsidiaries of the American International Group (AIG) insurance conglomerate operating in more than 130 countries. The Company's business consists of four core areas: General Insurance, Life Insurance & Pension Services, Financial Services, and Asset Management.
Video Holdings of American International Group
International ownership
China
AIG owns 19.8% of China People's Insurance Company (PICC) through direct and indirect ownership. PICC & amp; C is the largest accident insurance insurance in China.
AIG has controlling shareholder package of Beijing Panam International Aviation Academy or BPIAA. BPIAA was founded in 2004 as the largest private aviation training academy in China. Its base is located in Wuhai, Bautou, Shijajuan, and Handan. In 2008, following the global crisis and economic recession, BPIAA has ceased operations while awaiting repurchase of companies from other more capable investors.
Japanese
AIU AIG Insurance Unit has run P & amp; C in the country since 1946, and is now the largest non-foreign insurance company with 14,000 agents across the country. In automated retail space and L & amp; H, AIG has American Home and Fuji Fire and Marine insurance company. Since Jan 2018, AIU and FFM business units have joined AIG Sonpo.
Indonesia
AIU, which sells general insurance, operates in Indonesia.
Pakistan
AIG operates in Pakistan through the New Hampshire Insurance Company. The group's main office is in Karachi and has branch offices in Lahore, Islamabad, Faisalabad and Sialkot. AIG has been selling auto insurance in Pakistan since 1949. In March 2010, New Hampshire Insurance became the first company in Pakistan to offer terrorism insurance, in collaboration with Allied Bank Ltd.
United Kingdom
AIG operates in the United Kingdom under the Chartis and Chartis Direct brands. It has about 3,000 employees, and sponsors Manchester United football club, paying them the largest amount by sponsors in history.
Maps Holdings of American International Group
Insurance ownership by country
California
AIG has more than two dozen companies licensed to offer insurance in California, according to the California Insurance Commissioner. They include AIG Casualty Co.; AIG Centennial Insurance Co.; AIG Premier Insurance Co.; AIU Insurance Co.; American General Indemnity Co.; American Home Assurance Co; American International Insurance Co. from California Inc.; Birmingham Fire Insurance Co. from Pennsylvania; Trade And Insurance Industry Co.; GE Auto & amp; Home Assurance Co; GE Indemnity Insurance Co; Granit State Insurance Co.; Hartford Steam Boiler Inspection and Insurance Co; Insurance Co. from the State of Pennsylvania; Landmark Insurance Co.; National Union Fire Insurance Co. from Pittsburgh, Pa; New Hampshire Insurance Co.; Pacific Assurance; United Guaranty Commercial Insurance Co. from North Carolina; United Guaranty Credit Insurance Co.; United Guaranty Residential Insurance Co; and Yosemite Insurance Co.
Pennsylvania
Twenty AIG subsidiaries are licensed to do business in Pennsylvania, including National Union Fire Insurance Co. in Pittsburgh, believed to be the second largest AIG insurer in the country. Other subsidiaries include New Hampshire Insurance, Pennsylvania State Insurance Company, Granite State Insurance, and New Hampshire Rewards.
West Virginia
AIG writes property and accident insurance, life and life benefits, and worker compensation insurance in West Virginia.
Holdings
Aerospace
AIG owns International Lease Finance Corporation (ILFC), the world's largest aircraft leasing company, with hundreds of aircraft including various Boeing and Airbus jets, as well as McDonnell Douglas MD-11 and MD-80 Series. Total assets in the lease are $ 55 billion as of June 30, 2008. The estimated range of values ​​is from $ 5 billion to $ 14 billion based on comparison with rivals.
Real estate
AIG/Lincoln was established in 1997 as a strategic partnership between AIG Global Real Estate Investment Corporation, New York, a subsidiary of AIG - American International Group, New York, and Lincoln Property Company, a Dallas-based commercial real estate manager... has developed or currently develops more than 2.2 million square meters of real estate in Poland, Hungary, Romania, Czech Republic, Germany, Italy, Spain, Switzerland, Austria and Russia.
Ski
AIG owns Stowe Mountain Resort until February 2017. At the time of ownership, it was the only AIG ski business.
AIG Connection to Stowe begins when C.V. Starr, founder of the company, invested in the resort in 1946. Expansion of $ 300 million, 10 years started in 2005.
Other ownership
AIG has Ocean Finance, a homeowner loan provider, mortgages and remortgages from the UK.
AIG is the main sponsor of English football team Manchester United and Japan Open Tennis Championship.
Ownership of a subsidiary
- AIG Advisor Group
- AIG American General Life Companies
- AIG UK Limited
- AIG Financial Products Corp., based in London, UK, is registered in Delaware, USA
- Banque AIG, a subsidiary of AIG Financial Products, based in Paris
- AIG Retirement
- Chartis, properties & amp; victim ownership
- International Leasing Company
- Lexington Insurance Company
- FSC Securities Corporation
- Royal Alliance
- SagePoint Financial
- United Guaranty Corporation
- VALIC
- AIG SunAmerica Life Assurance Company
- Variable Life Insurance Company
- West National Life Insurance Company, officially AIG Annual Insurance Company
See also
- Bailout (finance)
- The global financial crisis of 2008-2009
- Lemon's Socialism
- List of US insurance companies
References
Source of the article : Wikipedia
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