American International Group, commonly referred to as AIG, is an insurance organization with a longstanding history in the financial services industry. AIG sells annuities, life insurance, general property insurance and casualty insurance.

Sheena Zimmermann, Financial Writer for
  • Written By
    Sheena Zimmermann, M.Ed.

    Sheena Zimmermann, M.Ed.

    Financial Writer

    As a professional who values lifelong learning, Sheena Zimmermann joined the team with a deep commitment to connecting readers with resources designed to improve their financial literacy and strengthen their financial health.

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    Kim Borwick
    Kim Borwick, Financial Editor for

    Kim Borwick

    Financial Editor

    Kim Borwick is a writer and editor who studies financial literacy and retirement annuities. She has extensive experience with editing educational content and financial topics for

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    Timothy Li, MBA
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    Timothy Li, MBA

    Business Finance Manager

    Timothy Li, MBA, has dedicated his career to increasing profitability for his clients, including Fortune 500 companies. Timothy currently serves as a business finance manager where he researches ways to increase profitability within the supply chain, logistics and sales departments.

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  • Updated: January 24, 2023
  • 8 min read time
  • This page features 5 Cited Research Articles
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How to Cite's Article

APA Zimmermann, S. (2023, January 24). AIG. Retrieved February 4, 2023, from

MLA Zimmermann, Sheena. "AIG.", 24 Jan 2023,

Chicago Zimmermann, Sheena. "AIG." Last modified January 24, 2023.

Why Trust
Why You Can Trust has provided reliable, accurate financial information to consumers since 2013. We adhere to ethical journalism practices, including presenting honest, unbiased information that follows Associated Press style guidelines and reporting facts from reliable, attributed sources. Our objective is to deliver the most comprehensive explanation of annuities and financial literacy topics using plain, straightforward language.

Our Partnerships, Vision and Goals

We pride ourselves on partnering with professionals like those from Senior Market Sales (SMS) — a market leader with over 30 years of experience in the insurance industry — who offer personalized retirement solutions for consumers across the country. Our relationships with partners including SMS and Insuractive, the company’s consumer-facing branch, allow us to facilitate the sale of annuities and other retirement-oriented financial products to consumers who are looking to purchase safe and reliable solutions to fill gaps in their retirement income. We are compensated when we produce legitimate inquiries, and that compensation helps make an even stronger resource for our audience. We may also, at times, sell lead data to partners in our network in order to best connect consumers to the information they request. Readers are in no way obligated to use our partners’ services to access the free resources on carefully selects partners who share a common goal of educating consumers and helping them select the most appropriate product for their unique financial and lifestyle goals. Our network of advisors will never recommend products that are not right for the consumer, nor will Additionally, operates independently of its partners and has complete editorial control over the information we publish.

Our vision is to provide users with the highest quality information possible about their financial options and empower them to make informed decisions based on their unique needs.
AIG Logo

AIG offers a broad range of insurance products to meet the needs of consumers in more than 80 countries worldwide. The insurer boasts a comprehensive product portfolio with a range of solutions for clients seeking financial security today and peace of mind in retirement.

About AIG

In 1919, AIG originated as the American Asiatic Underwriters Agency in Shanghai. After founder Cornelius Vander Starr extended the organization’s services worldwide and established its U.S. base in New York City, he changed the company’s name to American International Underwriters.

In the decades that followed, AIU acquired several insurance groups and expanded its market presence, officially incorporating as AIG in 1967. In 1984, AIG began trading on the New York Stock Exchange.

Today, AIG serves its clients through three business units:
  • General Insurance
  • Life & Retirement
  • Investments

On its website AIG emphasizes the common thread that connects its business units and their singular mission.

“What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty.”

Each of AIG’s business units achieves this goal through specialized product offerings, including property and casualty insurance, life insurance and annuities.

If you have an annuity currently with AIG, you can reach them at one of the following phone numbers:
For Fixed, immediate and deferred income annuities:
For Variable and Index annuities:

American General

American General Corporation was founded in Houston in 1926. Once a leading life insurance company in its own right, today American General is a wholly-owned subsidiary under AIG. AIG acquired American General in a 2001 stock bid, paying $46 per share for a total of over $23 billion.

Annuity products are no longer sold under the American General name, as AIG has absorbed all annuity business lines. Current American General annuity owners who have any questions or issues with their contract should contact AIG’s customer service support at the numbers listed above.

Credit Ratings

As you compare annuity providers and their products, it is important to note which insurance companies have a reputation for reliability and a track record of financial stability.

Credit rating agencies such as S&P, Moody’s, Fitch and AM Best rank insurers based on their financial strength and claims-paying abilities (CPAs)

Credit Ratings for AIG’s Core Insurance Companies
S&PMoody'sFitchA.M Best
AIG Senior DebtBBB+Baa2BBB+NR
AIG Non-Life Financial StengthA+A2AA
AIG Life Financial StrengthA+A2A+A

According to a white paper prepared by Fitch Ratings and published on the NAIC website, “As part of their regulatory oversight, the CRAs must report to regulators on an annual basis the performance of their ratings. Such default and impairment studies are a key way ratings users can judge ratings comparability.”

Annuity Products Offered by AIG

AIG issues a variety of annuities with specific features based on your needs. Current product options include variable annuities, fixed annuities and indexed annuities.

Variable Annuities

AIG offers the Polaris Variable Annuity as an option for retirement income. Variable annuities offer growth potential while protecting income and beneficiary payments. While the rate of return is not guaranteed, earnings can grow tax-deferred over time.

Fixed Annuities

For anyone looking for the security of a guaranteed interest rate and predictable payments, AIG’s American Pathway Solutions MYG is a multi-year guaranteed annuity with four guarantee periods to choose from — five, six, seven or 10 years.

Indexed Annuities

Indexed annuities, sometimes referred to as hybrids because they share the features of fixed and variable annuities, are tied to the performance of the financial markets. The Power Series Index Annuity blends upside market potential with downside protection.

Interested in Buying an Annuity?
Learn about the different types of annuities and find out which one is right for you.

Client Resources

With any annuity provider, you should receive high quality service and support throughout your purchasing journey. AIG has a professional team dedicated to helping clients prepare financially for what’s next.

AIG is also committed to their clients’ safety. The company has published a fraud warning resource on its website with helpful tips for protecting yourself and your accounts from phishing and other scams.

AIG protects your information by implementing several security measures, including:
  • Login security with secure sockets layer (SSL) technology
  • Encryption of sensitive information
  • Online security monitoring
  • Firewalls to block unauthorized access
  • Anti-virus and anti-malware protection

In addition to these protections, AIG points visitors to consumer advocacy organizations, including the Coalition Against Insurance Fraud and the National Consumers League.

If you have an annuity with AIG, you can log into your account at:


About has provided reliable, accurate and trustworthy financial information to readers since 2013. We partner with professionals like those from Senior Market Sales (SMS), a market leader with over 30 years of experience in the insurance industry, to offer personalized retirement solutions for consumers across the country.

Any information offered about the company above is provided free of charge and individual product offerings are verified and accurate as of publication.

Our partners work with the provider companies mentioned on our site. However, is not a service provider. Actual products, terms and rates offered through the above company are subject to in-state availability and a variety of other factors. Visit the Our Partners page for additional information.

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Please seek the advice of a qualified professional before making financial decisions.
Last Modified: January 24, 2023

5 Cited Research Articles writers adhere to strict sourcing guidelines and use only credible sources of information, including authoritative financial publications, academic organizations, peer-reviewed journals, highly regarded nonprofit organizations, government reports, court records and interviews with qualified experts. You can read more about our commitment to accuracy, fairness and transparency in our editorial guidelines.

  1. American International Group, Inc. (n.d.). About Us. Retrieved from
  2. American International Group, Inc. (n.d.). Explore AIG’s Timeline. Retrieved from
  3. American International Group, Inc. (n.d.). Fraud Warning. Retrieved from
  4. FINRA. (2010, September 13). Equity-Indexed Annuities: A Complex Choice. Retrieved from
  5. FitchRatings. (2016, July). Not All Insurer Financial Strength Ratings Are Created Equal. Retrieved from