The American international groups (AIG) are a leading international organization in insurance and finance. It is a worldwide insurance organization operated around 130 countries and jurisdiction. Corporate head quarters of AIG insurance in America is American international building, New York City.
Fenchurch Street in London is the British head quarters of British AIG insurance. La Defence, Paris is the European headquarters and Hong Kong is the Asian head quarters of AIG insurance. Forbes Global 2000 list in the year 2008 reports that they are the 18th –world’s largest public company. They are the leading providers of financial service, asset management and retirement services. The financial reimbursement to cover the expenses and losses are provided by the insurance. There are various categories which include: life insurance, health insurance plans, vision insurance, auto and motor vehicle insurance, high net worth insurance, home and property insurance, identity theft insurance and travel insurance. AIG insurance also offers employment based insurance practices with many different features.
Tata insurance is a leading insurance company of India It is a joint venture of American international Group, Inc. (AIG) and Tata Groups in the ratio of 26:74.It is started on 1st April, 2001 and acquired its license on February 12, 2001 to carry out their operations in India.
