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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  • Edited By
    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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  • Financially Reviewed By
    Timothy Li, MBA
    Timothy Li, MBA Headshot

    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.

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

APA Zimmermann, S. (2023, May 5). AIG. Retrieved June 9, 2023, from

MLA Zimmermann, Sheena. "AIG.", 5 May 2023,

Chicago Zimmermann, Sheena. "AIG." Last modified May 5, 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 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

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.

AIG offers a broad range of insurance products to meet the needs of consumers in more than 70 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.

 The company was founded in 1919 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 (AIU).

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

AIG announced it was rebranding its Life & Retirement business as Corebridge Financial, Inc. in March 2022 and spinning it off as its own company.

“As Corebridge, we will continue to proudly partner with financial and retirement professionals to help their clients feel confident and motivated today, and in control of their tomorrow,” Kevin Hogan, executive vice president and chief executive officer of Life & Retirement, stated.

Credit Ratings

Credit ratings, also called financial strength ratings, offer consumers insight into the financial stability of an annuity provider. These scores are issued by independent credit rating agencies.

If you’re interested in purchasing an annuity, 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). The higher the rating, the more you can trust that the insurance company can uphold its end of an annuity contract.

Credit Ratings for AIG’s Core Insurance Companies

S&P Moody’s Fitch A.M Best
AIG Senior Debt BBB+ Baa2 BBB+ NR
AIG Non-Life Financial Stength A+ A2 A+ A
AIG Life Financial Strength A+ A2 A+ A
Corebridge Senior Debt BBB+ Baa2 BBB+ NR
Sources: AIG Investor Relations

Annuity Products Offered by AIG

While AIG has traditionally offered many types of annuities directly, it now offers its annuities through Corebridge Financial.

Current annuity products through Corebridge include variable, fixed and indexed. Understand the details of each product before determining which one is right for you.

Variable Annuities

Deferred variable annuities allow clients and advisors to determine how assets are invested across a range of investment options, including stocks, bonds and money markets.

As the value of these investments is variable, the value of the contract will fluctuate over time. For this reason, variable annuities are best suited to investors who can withstand some market risk in exchange for potentially higher returns over the long term.

AIG Variable Annuity Products

  • Polaris Variable Annuity
  • Polaris Income Plus Daily Flex
  • Advanced Outcomes Annuity

Fixed Annuities

Fixed annuities are not subject to market volatility, so they offer a potentially safer way to grow your money.

Fixed annuities let you save for retirement with a tax deferral on earnings, meaning you won’t get a yearly tax bill on your earnings until you begin drawing an income from them. A fixed annuity can also guarantee income for life no matter how long you live.

AIG’s fixed annuity product is called Assured Edge Income Builder.

Indexed Annuities

Indexed annuities provide a source of guaranteed income that balances growth potential and protection. Like a fixed annuity, indexed annuities offer long-term savings options, tax deferral on earnings and principal protection in a down market.

Your money can grow based on the performance of an underlying index, such as the S&P 500. And while the benchmark index follows the market, your principle is never directly exposed to the stock market. As a result, fixed indexed annuities may offer less potential return than a variable annuity.

AIG Indexed Annuity Products

  • Power Series Index Annuity with Lifetime Income Max
  • Power Series Index Annuity with Lifetime Income Plus Multiplier Flex

Interested in Buying an Annuity?

Learn about the different types of annuities and find out which one is right for you.

Client Resources

Customers of AIG can log in to their accounts online with their username and password to pay bills, manage policies, view company news, materials and more.

AIG customers with annuities through Corebridge Financial can access information on those investments through either the AIG login page or Corebridge Financial’s official website.

In addition to managing your accounts, AIG also offers a Newsroom where users can stay up to date on the latest happenings, as well as sign up for their digital newsletter.

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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Last Modified: May 5, 2023

8 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. AIG. (n.d.). Investor Relations. Retrieved from
  2. AIG. (n.d.). Log In. Retrieved from
  3. AIG. (n.d.). Our History. Retrieved from
  4. Business Wire. (n.d.). AIG Announces Plan to Rebrand its Life & Retirement Business as Corebridge Financial. Retrieved from
  5. Corebridge Financial. (n.d.). Fixed Annuities. Retrieved from
  6. Corebridge Financial. (n.d.). Index Annuities. Retrieved from
  7. Corebridge Financial. (n.d.). Variable Annuities. Retrieved from
  8. Corebridge Financial. (n.d.). Variable Annuities with Structured Outcome Investments. Retrieved from