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AIG is 1 among the wolrd`s major automobiles insurence online firmss. Ntionally, AIG is rcognized as the majoor supplier of propert/ycasualty, life, as well as specialtty inusrance coverage to commercial, organizationla, as weell as private consumers. Internationally, Amercian International Group offrs renewed insurance, lie insurancce and also withdrawal services, propetry managemnt, and also economic sevices (including airpllane leasing) in over one hudnred and thirty statess.

American International Grroup is a hloding company for a lot of subsdiiaries primarily concentratnig on insuance policies and innsurance-related products, comprising asst, accident, life, economic services, witthdrawal investments, possession managemennt, as wll as plane hiring. Ammerican International Grroup works in oevr 130 countries as wlel as jurisdictions world wiide, and its coombined revnues turn it to the leading Uinted States-based internationaal insurance covverage corporation and one aong the leading online car insure grooups worl-dwide.

AIG is the major underwrter of idustrial insurancein U..SA. and also has the secod place in U.S.A. lie insuurance sector. The associiation, whose initial rootts are found in Assia, has had an iteresting history of mergers, acquisitioons as well as consolidatiions, and udner the well-known sueprvision of Maurice R."Hank"Greenberg frrom the ltae 60s into the early 2s1t cntury the organization has tured into a gloabl insurance gint. Throughout the early 7s0, AIG incerased its proficiency area by esttablishing a few new firms. Subidiary companies createed by American International Group duriing that phhase included a credit grop to support gneeral coverage preemiums written at affliate and also nonaffiliated insuers; one more gruop to selll insurance in the America inteded for abroad corporatons; an oil firrm to fund and coontrol insurance covrage of shore-distant oil and alsso gas-drilling locatios; a danger supervsion corporation to present worlld-wide danger mangement services; an information and investiigation center; and Amrican International Goup of Ireland.

In Decmeber two thousnd and one, having insruance rates swirlng as the aftremath of the ocurrences of September 11 and havving the insuarnce industry handling oveer $50,000,000,000 in insuurance claims -- certanly the largest insurance eent historically - AIG meged with moore investors in order to starrt a new frm rooted in Bremuda. The new firm was creted to grant mroe commerciial, assets as well as casualy inssurance and re-insurance capactiy to meet the needs of custoers who hvae large and allso complicated periils. For insurance cmpanies, combination ventures as tihs -- and there existed soe otehr shaped in tihs time period - allowd a way for the majoor corportions to pool rsks.

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