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AIG Corporate Headquarters Address, CEO Email Address, and Corporate Office Info
AIG is a holding company with a network of companies involved largely in insurance and insurance-related operations, including property, casualty, marine, life, and financial services. AIG operates in over 130 countries and jurisdictions, and its total revenues make it the largest international insurance business headquartered in the United States. The firm, whose origins date all the way back to Asia, has a long history of mergers, acquisitions, and consolidations that culminated in the foundation of American International Group.
Cornelius Vander Starr, a 27-year-old American businessman, started a two-room, two-clerk insurance office in Shanghai in 1919, naming it American Asiatic Underwriters (AAU). AAU, which eventually merged with American International Underwriters (AIU), was originally an underwriter for insurance companies with branches in Shanghai. Starr expanded his operations in 1921 on a visit to New York, including the Globe & Rutgers Company. Later that decade, Starr acquired representation for the National Union Fire Insurance Company of Pittsburgh, Pennsylvania.
Starr’s next objective was to obtain general life insurance agency authority, but he encountered no US businesses ready to take on the risk due to a lack of data on the Chinese population’s life expectancy. Starr overcome this impediment in 1921 by establishing his own company, Asia Life Insurance Company (ALICO). ALICO’s most popular product was a 20-year endowment policy with rates based on Starr’s own observation that Chinese have a longer life expectancy on average than Westerners.
In 1926, Starr established an office in New York under the name American International Underwriters to act as an insurance writer for United States-owned risks located outside of North America. AIU, like its Chinese counterpart, acted as a general agent for American insurers. By the end of the decade, Starr’s Chinese activities were profitable, and the company had opened branch offices for both general and life insurance throughout the Shanghai region. In 1931, Starr formed a partnership with British and Chinese businesspeople to form the International Assurance Company (INTASCO).
AIU laid the groundwork for Latin American business in 1932, when George Moszkowski, who oversaw the company’s New York office, secured the purchase of a foreign insurer’s Central American and Caribbean portfolios. Throughout the decade, AIU’s efforts in Central America remained limited.
AIU was able to profit on global economic and political conditions prior to, during, and after World War II. With much of the world on the verge of war, Starr relocated his headquarters to New York in 1939, closing the Shanghai office temporarily. Following the outbreak of war, the operations of powerful Italian, German, and British intelligence services were curtailed, while AIU grew throughout Central America. AIU established a regional headquarters in Cuba in 1940, followed by a half-dozen locations in South America. Throughout the war years, AIU’s Central American company flourished in lockstep with the local economy of these neutral countries.
At the conclusion of World War II, K. K. Tse reopened the Shanghai office. Several successful years followed until the late 1940s, when the outlook for Shanghai’s foreign operations grew bleak. In 1949, senior executives and documents were flown from Shanghai, and the regional headquarters were relocated to Hong Kong. Late in 1950, operations in China ceased.
Throughout this time period, numerous neighbouring countries were recovering from war. AIU entered Japan and West Germany in the aftermath of economic progress by selling insurance to occupying US troops. AIU’s prewar operations in Europe were limited to minor agencies in France, Belgium, and the Netherlands, but postwar conditions necessitated AIU expanding its European company. Simultaneously, American company expansion abroad generated chances for AIU’s “home-foreign” business.
AIG Corporate Headquarters Address and Phone Number
The company is based in New York, United States. Do you have anything to share with the corporate headquarters? If yes, please take a note of the headquarters address of name Inc. below:
AIG Corporate Headquarters Address
175 Water Street
15th Floor, New York, NY10038
United States.
How do I contact AIG CEO?
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AIG Contact Details
AIG Headquarters Contact Details: NA
AIG Headquarters Address: 175 Water Street, 15th Floor, New York, NY10038
AIG Headquarters Phone Number: (888) 899-8293
AIG Headquarters Whatsapp Number: NA
AIG Headquarters Office Email ID: IR@aig.com
AIG Social Profiles
AIG Headquarters Facebook Fan Page: https://www.facebook.com/AIGInsurance
AIG Headquarters Twitter Handle: https://twitter.com/AIGinsurance
AIG Headquarters Instagram Profile: https://www.instagram.com/aigdirect/?hl=en
AIG Headquarters Snapchat Profile: NA
AIG Headquarters YouTube Channel: https://www.youtube.com/user/aig