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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To be a good investment AIG simply needs to be an average insurer in the business lines it has left. It's current CEO seems to be expertly painting his final masterpiece and has AIG trimmed down, healthy, and back on the right path.