American International Group Inc (AIG), founded in 1919 and headquartered in New York City, is a leading global insurance organization dedicated to providing a broad range of insurance products and services. AIG operates in multiple sectors, including property and casualty insurance, life insurance, and retirement solutions, aiming to support individuals and businesses in managing risks effectively.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
AIG has a robust history of bond issuances dating back to the late 20th century, with notable issuances such as the $1 billion debt offering in 2010, which helped fund its post-financial crisis recovery. Currently, AIG's bond yields are competitive within the insurance industry, especially in the investment-grade sector, with noteworthy features like callable options that enhance their attractiveness to investors. Recently, AIG has been focusing on consolidating its debt structure while maintaining a strong credit rating, reflective of its commitment to financial stability and performance.