A holding company which, through its subsidiaries, is engaged in a range of insurance and insurance-related activities in the United States and abroad. Its primary activities include General Insurance and Life Insurance & Retirement Services operations.
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Fool UK
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Legal problems, corruption, questionable underwriting practices should undercut the companies solid profits. i see more trouble ahead in the short-run. Long run all depends on how the company correct itself. The company is efficient but worke's morale is lower, as well as the wages. ( i used to work for AIG) not sure if lower wages are a good cost cut in the long-run.