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AIG: Corporate History, Crisis, and Restructuring


Episode 881


This extensive text is an excerpt from a Wikipedia article detailing the American International Group (AIG), a major multinational finance and insurance corporation. The source provides a comprehensive historical timeline of AIG, tracing its origins in Shanghai in 1919 through decades of expansion, reorganization, and specialization, culminating in its involvement in the 2008 financial crisis and subsequent government bailout and recovery. Beyond history, the article outlines AIG's current business structure, including its core operations in general insurance and life & retirement, and covers various corporate aspects like sponsorships, subsidiaries, major legal actions following the bailout, and corporate governance. Overall, the text serves as a detailed reference document covering the life cycle, corporate identity, and critical events of this globally significant financial entity.


Published on 2 weeks, 2 days ago






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