American International Group Inc

NYSE AIG

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American International Group Inc Gross Profit Margin for the year ending December 31, 2023: 80.97%

American International Group Inc Gross Profit Margin is 80.97% for the year ending December 31, 2023, a -19.03% change year over year. Gross Profit Margin represents the percentage of revenue that represents gross profit, indicating the efficiency of a company's production and pricing.
  • American International Group Inc Gross Profit Margin for the year ending December 31, 2022 was 100.00%, a 0.00% change year over year.
  • American International Group Inc Gross Profit Margin for the year ending December 31, 2021 was 100.00%, a 0.00% change year over year.
  • American International Group Inc Gross Profit Margin for the year ending December 31, 2020 was 100.00%, a 22.31% change year over year.
  • American International Group Inc Gross Profit Margin for the year ending December 31, 2019 was 81.76%, a 1.68% change year over year.
NYSE: AIG

American International Group Inc

CEO Mr. Peter Salvatore Zaffino
IPO Date Sept. 7, 1984
Location United States
Headquarters 1271 Avenue of the Americas, New York, NY, United States, 10020
Employees 25,000
Sector Financial Services
Industry Insurance - diversified
Description

American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; and professional liability insurance. This segment offers marine, energy-related property insurance, aviation, political risk, trade credit, trade finance, and portfolio solutions, as well as operates reinsurance business; voluntary and sponsor-paid personal accident, and supplemental health products; and personal auto and personal property insurance. Its Life and Retirement segment offers individual retirement products, including variable, fixed index, and fixed annuities, as well as retail mutual funds; group retirement products comprising record-keeping, plan administrative and compliance services, financial planning, and advisory solutions; life insurance, including term and universal life insurance; and institutional markets products, which includes wrap products, structured settlement, pension risk transfer annuities, corporate and bank-owned life insurance, high net worth, and guaranteed investment contract products. It distributes its products through a network of brokers, agents, advisors, banks, and other distributors. The company was founded in 1919 and is headquartered in New York, New York.

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StockViz Staff

September 8, 2024

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