zaro

How Long Has AIG Been in Business?

Published in Company History 2 mins read

AIG, through its foundational roots, has been in business for 105 years, tracing its origins back to 1919.

A Legacy of Over a Century

The extensive history of AIG began in 1919 when Cornelius Vander Starr established American Asiatic Underwriters in a two-room office in Shanghai, China. This innovative insurance agency laid the groundwork for what would evolve into American International Group, Inc. (AIG), marking the start of a proud and expansive heritage in the global insurance industry.

AIG's journey from a small office in Shanghai to a prominent global insurer is a testament to its enduring presence and adaptation within the financial landscape. The company's commitment to its founding principles and continuous evolution has allowed it to navigate various economic and market shifts over more than a century.

Key Foundational Details of AIG

To understand AIG's longevity, it's helpful to look at its initial establishment:

Detail Description
Founding Year 1919
Founder Cornelius Vander Starr
Original Company Name American Asiatic Underwriters
Founding Location Shanghai, China
Current Duration 105 years (as of 2024)

Explore AIG's Rich History

For a more in-depth exploration of AIG's journey, including significant milestones and its evolution throughout the decades, you can visit their official history page. This resource provides a detailed timeline of the company's growth and contributions to the insurance sector.