Celebrating A History of Innovation 100 Years At the heart ... · American Asiatic Underwriters...
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AIG | 2018 Annual Report 9 AIG | 2018 Annual Report 8 1919 American Asiatic Underwriters opened for business by Cornelius Vander Starr in Shanghai, China — one of the first Western insurers to sell directly to local Chinese clients 1937 Operations established in Havana, Cuba — later to become regional headquarters during World War II AIG traces its roots from a humble, two-room insurance agency in Shanghai, China, to the leading global insurance organization it is today. Time and time again, the deep expertise of AIG’s people has allowed the company to pioneer new markets, products and services to help clients address their most challenging risks. Looking ahead, the most important part of AIG’s history is yet to be written. We remain committed to the principles that have guided us: excellence at understanding risk, commitment to keeping our promises and dedication to exemplary corporate citizenship. 1926 First U.S. office opened in New York 1925 National Life and Accident Insurance Company, later to become part of AIG, recognized the marketing potential of radio and in an unorthodox move, launched radio station WSM along with what has become the longest-running radio program in U.S. history, “The Grand Ole Opry” 1948 American International Reinsurance Company formed in Bermuda, leading to the development of captive insurance for a broader market 1946 First foreign insurance company to enter Japan after World War II A History of Innovation At the heart of AIG’s success has been its vision, ingenuity and willingness to seek out new markets and develop new ways to help our clients manage their risk. Celebrating 100 Years 1919 2006 Acquired Travel Guard ® , a provider of travel insurance programs and emergency travel assistance 1992 First foreign insurer licensed to operate in the People’s Republic of China 1964 VALIC, later to join AIG and become AIG Retirement Services, enrolls the first public school district in a 403(b) retirement program — an American first 2001 Acquired American General Corporation, a leading life insurer 2001 Led the insurance effort to protect the aviation industry following the 9/11 terror attacks 2017 Debuted fixed annuity product with a guaranteed living benefit nationwide, including the first-ever of its kind in the state of New York: the Assured Edge Income Builder ® 1984 Listed on the New York Stock Exchange 1993 SunAmerica, later to become part of AIG, introduced Polaris ® — one of the nation’s first multi-managed variable annuities 1967 American International Group, Inc. incorporated in Delaware 1969 Celebrated 50 th anniversary and stock began publicly trading 2015 Participated in the formation of the consortium Blue Marble Microinsurance 2018 Acquired Validus Holdings, Ltd., a leading provider of reinsurance, primary insurance and asset management services 1999 Provided one of the first cyber security insurance protection programs 1999 Acquired SunAmerica, Inc., a leading retirement and financial services company 2018 Blackboard Insurance began its technology- and analytics-driven business serving commercial customers in the middle market The official Centennial website — 100.aig — tells more of AIG’s story, celebrating the value we deliver to our clients, to our stakeholders and to the world.
Transcript of Celebrating A History of Innovation 100 Years At the heart ... · American Asiatic Underwriters...
AIG | 2018 Annual Report 9AIG | 2018 Annual Report8
1919American Asiatic Underwriters opened for business by Cornelius Vander Starr in Shanghai, China — one of the fi rst Western insurers to sell directly to local Chinese clients
1937Operations established in Havana, Cuba — later to become regional headquarters during World War II
AIG traces its roots from a humble, two-room insurance agency in Shanghai, China, to the leading global insurance organization it is today. Time and time again, the deep expertise of AIG’s people has allowed the company to pioneer new markets, products and services to help clients address their most challenging risks.
Looking ahead, the most important part of AIG’s history is yet to be written. We remain committed to the principles that have guided us: excellence at understanding risk, commitment to keeping our promises and dedication to exemplary corporate citizenship.
1926First U.S. offi ce opened in New York
1925National Life and Accident Insurance Company, later to become part of AIG, recognized the marketing potential of radio and in an unorthodox move, launched radio station WSM along with what has become the longest-running radio program in U.S. history, “The Grand Ole Opry”
1948American International Reinsurance Company formed in Bermuda, leading to the development of captive insurance for a broader market
1946First foreign insurance company to enter Japan after World War II
A History of InnovationAt the heart of AIG’s success has been its vision, ingenuity and willingness to seek out new markets and develop new ways to help our clients manage their risk.
Celebrating100 Years
1919
2006Acquired Travel Guard®, a provider of travel insurance programs and emergency travel assistance
1992First foreign insurer licensed to operate in the People’s Republic of China
1964VALIC, later to join AIG and become AIG Retirement Services, enrolls the fi rst public school district in a 403(b) retirement program — an American fi rst
2001Acquired American General Corporation, a leading life insurer
2001Led the insurance effort to protect the aviation industry following the 9/11 terror attacks
2017Debuted fi xed annuity product with a guaranteed living benefi t nationwide, including the fi rst-ever of its kind in the state of New York: the Assured Edge Income Builder®
1984Listed on the New York Stock Exchange
1993SunAmerica, later to become part of AIG, introduced Polaris® — one of the nation’s fi rst multi-managed variable annuities
1967American International Group, Inc. incorporated in Delaware
1969Celebrated 50th anniversary and stock began publicly trading
2015Participated in the formation of the consortium Blue Marble Microinsurance
2018Acquired Validus Holdings, Ltd., a leading provider of reinsurance, primary insurance and asset management services
1999Provided one of the fi rst cyber security insurance protection programs
1999Acquired SunAmerica, Inc., a leading retirement and fi nancial services company
2018Blackboard Insurance began its technology- and analytics-driven business serving commercial customers in the middle market
The official Centennial website —100.aig — tells more of AIG’s story, celebrating the value we deliver to our clients, to our stakeholders and to the world.
