American International Group, Inc. Essay

Introduction American International Group Inc. or simply AIG specializes in the insurance industry. It is engaged in a range of insurance related businesses in the United States and across the borders. It maintains and operates four main business segments: General Insurance, Domestic Life Insurance & Retirement Services, and Foreign Life Insurance & Retirement Services. AIG also offers financial services to its customers (one source, 2011). The company holds 11th position in the Forbes 1000 companies

American International Group, Inc. is a multinational insurance organization with more than 88 million customers in over 130 countries. AIG currently has over 64,000 employees that help consumers protect and secure their future with their insurance services. The services and products include property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services (AIG.com). AIG is one of the most recognizable insurance organizations worldwide. AIG’s success

environment, companies often send their employees across the world in order to improve the organization 's performance and stay competitive. American International Group, Inc (AIG) is a leading international insurance organization serving customers in more than 100 countries. AIG was first found in Shanghai, China in 1919. A several years later, American International Underwriters of AIG established the first headquarter in New York City. Expanded steadily, AIG’s operations began in new markets across

Introduction I received my full-time job offer letter from American International Group, Inc. (AIG), the company where I interned from June 2015- August 2015, on September 23, 2015. I had already received a verbal offer on September 15, 2015. I was offered the role of Technology Analyst based in Houston with a base salary of $68,000, transition bonus of $2500 and other comprehensive benefits with a joining date of 25th July, 2016. I was given 14 days to accept this exploding offer; the deadline being

Merger, Acquisition, and International Strategies Merger and acquisition is a corporate strategy entailing the selling, buying, and combining or dividing business entities in a bid to facilitate rapid recovery or growth. A merger is distinguished from an acquisition in the sense that an acquisition entails a take-over. A merger involves a combination of business assets of two companies forming an entirely new one ADDIN EN.CITE Mehnert2008259(Mehnert, 2008)2592596Mehnert, M.Negotiation: Definition

B720140716) (http://www.propertycasualty360.com/2015/11/03/moodys-warns-of-negative-impact-in-proposed-aig-br ) (life Insurance)http://www.vault.com/company-profiles/insurance/american-general-life-insurance-company/company-overview.aspx, http://www.vault.com/company-profiles/insurance/american-international-group,-inc/company-overview.aspx Property & Casualty : (http://www.trefis.com/stock/aig/articles/237266/aigs-property-and-casualty-business/2014-04-30#footnote_0_237266 ) (http://marketrealist

“Too Big to fail” was first known in a 1984 Congressional hearing where Congressman Stewart McKinney discussed the Federal Deposit Insurance Corporation’s intervention with Continental IIIinois. The idea interprates that certain financial institutions are so large, if any of them fails, it will bring an unexpected disastrous effect to the economy. As we all known, the 2008 financial crisis had arose the “too big to fail” problem to the peak controversial point. Banks, insurance companies, auto companies

another $47 billion committed to help families avoid foreclosure. The other two program areas were efforts to provide stability to the U.S. auto industry in the amount of $82 billion, and approximately $70 billion was committed to stabilize American International Group (AIG). In addition, the U.S. Treasury implemented standards of executive compensation for financial institutions that were rescued by the TARP program (Department of Treasury, n.d.). The U.S. Department of Treasury publishes TARP reports

Bailout Ethics Americans are outraged. Billions of taxpayer dollars were committed last year to rescuing firms such as Citigroup and the American International Group (AIG). Earlier this year, several companies who received Troubled Asset Relief Program (TARP) assistance were awarding top executives with extravagant bonuses. According to the Wall Street Journal, the U.S. government lent $238 billion in TARP taxpayer funds to almost 700 banks; 44 of these banks have repaid a $71 billion (Johnston

The Lehman Brothers scandal is what many consider to be the catalyst that started the financial meltdown of 2008. This paper is meant to look at what took place during the start of the meltdown and what caused Lehman to fail. Who was involved? What caused one of the largest banking institutions in history to fail? What could have been done differently? These are a few of the questions I’d like to address in the next few pages. In the Fall of 2008 things were starting to look bad for Lehman Brothers