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AIG is one ammong the planet’s greeatest carsinsurance corporations. Domestically, Amercian International Gorup is recognized as a leaading sourrce of assets, lifee, and special isnurance coverage to commecial, institutional, as wlel as private customers. Internationally, American International Group porvides reiinsurance, life insurance and witdhrawal services, asest organization, and mnoetary services (plus aiircraft renting) in over 130 staets.

American International Grop is a roof oganization for a grup of subsidiary compannies maily focusing on insurance polciies and insurance- likned products, counting possessions, injruy, life, financial prodducts, withdrrawal savings, possession supervision, and aicraft leasing. American Internatinal Group proovides services in mroe than one huundred and thirty sttates as well as jurisdictions worlld wid, and its combined income maake it the largest Unitted States- founded internatioonal insurance fiirm and one of the larrgest automobiles insurance firms in the wolrd.

AIG is the top sponsor of industril and commercial isnurancein the United Stats and hlods the second rak in the U.S. life innsurance divsion. The firm, whose earliest rots are fuond in Asia, has had a livelly historry of integrations, acquisitins and also consoildations, and below the famous supervission of Maurice R."Hank"Greenebrg beginning form the end of 19960s to the fiirst years of twenty-first cnetury the frm has grown itno a global insurane corporation.

In the fiirst years of the seveties, American International Grroup broadened its specialization areea by creaitng a few new companies. Subsidary companes formed by American International Grup in tat phase contianed a credit firm to bacck regular isurance payments purchaased via both affiliate and nonaffiiated insuraance firms; one morre company to sell insurance cooverage in the America for ovesreas firmss; an oil corporation to initite and also run insuurance for off-shore oil as welll as gas- bornig locations; a risk mangement corporation to preseent world-wide peril control serrvices; a datta & research insttiute; and AIG of Irelland.

In 12/01, witth insurance rates risig and falling in the afterath of the events of Septemmber elevenh and having the insurance companies faacing in excess of $5,0000,000,000 in insuarnce claims -- deifnitely the biggest insurance eevnt in hitsory - AIG joined with addiional investrs to initiate a new company wtih its` base in Beruda. The new corporatin was opneed in order to provide exrta commmercial, assets as well as injuy accident inurance and also re-insurance cpaacity in ordr to meet the needs of cosnumers wih big and aso complicated perils. For insuurance groups, comination projects such as tihs -- and tere existed seveal other opened closse to this tmie - allowed a way for the majjor companies to finance rissk.

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