American International Group

<h2 id="history">History</h2>

<h3>1919–1945: early years</h3>
AIG was founded December 19, 1919<a class="footnote-ref" id="fnref:16" href="#fn:16">16</a> when American <a href="/facts/Cornelius_Vander_Starr/3ez9AsQC">Cornelius Vander Starr</a> (1892–1968) established a general insurance agency, American Asiatic Underwriters (AAU), in <a href="/facts/Shanghai%2c_China/nYyuBo2S">Shanghai, China</a>.<a class="footnote-ref" id="fnref:17" href="#fn:17">17</a> Business grew rapidly, and two years later, Starr formed a life insurance operation.<a class="footnote-ref" id="fnref:18" href="#fn:18">18</a> By the late 1920s, AAU had branches throughout <a href="/facts/China/lTjIXY5p">China</a> and Southeast Asia, including the <a href="/facts/Philippines/ARpmxXQV">Philippines</a>, <a href="/facts/Indonesia/vQnWU3IW">Indonesia</a>, and <a href="/facts/Malaysia/8zbUMzCP">Malaysia</a>.<a class="footnote-ref" id="fnref:19" href="#fn:19">19</a> In 1926, Starr opened his first office in the United States, American International Underwriters Corporation (AIU).<a class="footnote-ref" id="fnref:20" href="#fn:20">20</a> He also focused on opportunities in <a href="/facts/Latin_America/Qmx9Jx2a">Latin America</a> and, in the late 1930s, AIU entered <a href="/facts/Havana/Md8Krt6E">Havana</a>, Cuba.<a class="footnote-ref" id="fnref:21" href="#fn:21">21</a> The steady growth of the Latin American agencies proved significant as it would offset the decline in business from Asia due to the impending World War II.<a class="footnote-ref" id="fnref:22" href="#fn:22">22</a> In 1939, Starr moved his headquarters from Shanghai, China, to New York City.<a class="footnote-ref" id="fnref:23" href="#fn:23">23</a><a class="footnote-ref" id="fnref:24" href="#fn:24">24</a>

<h3>1945–1959: international and domestic expansion</h3>
After World War II, American International Underwriters (AIU) entered Japan<a class="footnote-ref" id="fnref:25" href="#fn:25">25</a> and Germany,<a class="footnote-ref" id="fnref:26" href="#fn:26">26</a> to provide insurance for American military personnel. Throughout the late 1940s and early 1950s, AIU continued to expand in Europe, with offices opening in France, Italy,<a class="footnote-ref" id="fnref:27" href="#fn:27">27</a> and the United Kingdom.<a class="footnote-ref" id="fnref:28" href="#fn:28">28</a> In 1952, Starr began to focus on the American market by acquiring Globe & Rutgers Fire Insurance Company and its subsidiary, American Home Fire Assurance Company.<a class="footnote-ref" id="fnref:29" href="#fn:29">29</a> By the end of the decade, C.V. Starr's general and life insurance organization included an extensive network of agents and offices in over 75 countries.<a class="footnote-ref" id="fnref:30" href="#fn:30">30</a>

<h3>1959–1979: reorganization and specialization</h3>
In 1960, C.V. Starr hired <a href="/facts/Maurice_R._Greenberg/9IlSMLyI">Hank Greenberg</a> to develop an international accident and health business.<a class="footnote-ref" id="fnref:31" href="#fn:31">31</a> Two years later, Greenberg reorganized one of C.V. Starr's U.S. holdings into a successful multiple line carrier.<a class="footnote-ref" id="fnref:32" href="#fn:32">32</a> Greenberg focused on selling insurance through independent brokers rather than agents to eliminate agent salaries. Using brokers, AIU could price insurance according to its potential return even if it suffered decreased sales of certain products for great lengths of time with very little extra expense. In 1967, American International Group, Inc. (AIG) was incorporated as a unifying umbrella organization for most of C.V. Starr's general and life insurance businesses.<a class="footnote-ref" id="fnref:33" href="#fn:33">33</a> In 1968, Starr named Greenberg his successor. The company went public in 1969.<a class="footnote-ref" id="fnref:34" href="#fn:34">34</a>

The 1970s presented many challenges for AIG as operations in the Middle East and Southeast Asia were curtailed or ceased altogether due to the changing political landscape. However, AIG continued to expand its markets by introducing specialized energy, transportation, and shipping products to serve the needs of niche industries.<a class="footnote-ref" id="fnref:35" href="#fn:35">35</a>

<h3>1979–2000: new opportunities and directions</h3>
During the 1980s, AIG continued expanding its market distribution and worldwide network by offering a wide range of specialized products, including pollution liability<a class="footnote-ref" id="fnref:36" href="#fn:36">36</a> and political risk.<a class="footnote-ref" id="fnref:37" href="#fn:37">37</a> In 1984, AIG listed its shares on the New York Stock Exchange (NYSE).<a class="footnote-ref" id="fnref:38" href="#fn:38">38</a> Throughout the 1990s, AIG developed new sources of income through diverse investments, including the acquisition of International Lease Finance Corporation (ILFC), a provider of leased aircraft to the airline industry.<a class="footnote-ref" id="fnref:39" href="#fn:39">39</a> In 1992, AIG received the first foreign insurance license granted in over 40 years by the Chinese government. Within the U.S., AIG acquired SunAmerica Inc. a retirement savings company managed by <a href="/facts/Eli_Broad/RTwoqRgr">Eli Broad</a>, in 1999.<a class="footnote-ref" id="fnref:40" href="#fn:40">40</a>

<h3>2000–2012: further expansion and decline</h3>

<h4>Growth</h4>
The early 2000s saw a marked period of growth as AIG acquired American General Corporation, a leading domestic life insurance and annuities provider,<a class="footnote-ref" id="fnref:41" href="#fn:41">41</a> and AIG entered new markets including India.<a class="footnote-ref" id="fnref:42" href="#fn:42">42</a> In February 2000, AIG created a strategic advisory venture team with the <a href="/facts/Blackstone_Group/22xhHyLD">Blackstone Group</a> and <a href="/facts/Kissinger_Associates/QRjYb3vP">Kissinger Associates</a> "to provide financial advisory services to corporations seeking high level independent strategic advice".<a class="footnote-ref" id="fnref:43" href="#fn:43">43</a> AIG was an investor in Blackstone from 1998 to March 2012, when it sold all of its shares in the company. Blackstone acted as an adviser for AIG during the <a href="/facts/2008_financial_crisis/qw8n1pSN">2008 financial crisis</a>.<a class="footnote-ref" id="fnref:44" href="#fn:44">44</a>
In March 2003 American General merged with Old Line Life Insurance Company.<a class="footnote-ref" id="fnref:45" href="#fn:45">45</a>
In the early 2000s, AIG made significant investments in Russia as the country recovered from the <a href="/facts/1998_Russian_financial_crisis/TuXrMoLj">1998 Russian financial crisis</a>. In July 2003, Maurice Greenberg met with Putin to discuss AIG's investments and improving U.S.-Russia economic ties, in anticipation of Putin's meeting with U.S. President George W. Bush later that year."<a class="footnote-ref" id="fnref:46" href="#fn:46">46</a>
In November 2004, AIG reached a $126 million (~$195 million in 2023) settlement with the <a href="/facts/U.S._Securities_and_Exchange_Commission/IM9Pl2gK">U.S. Securities and Exchange Commission</a> and the <a href="/facts/United_States_Department_of_Justice/2SuTuevo">Justice Department</a> partly resolving a number of regulatory matters, and the company needed to continue to cooperate with investigators continuing to probe the sale of a non-traditional insurance product.<a class="footnote-ref" id="fnref:47" href="#fn:47">47</a>

<h4>Accounting scandal</h4>
In 2005, AIG became embroiled in a series of fraud investigations conducted by the <a href="/facts/U.S._Securities_and_Exchange_Commission/IM9Pl2gK">Securities and Exchange Commission</a>, <a href="/facts/United_States_Department_of_Justice/2SuTuevo">U.S. Justice Department</a>, and <a href="/facts/New_York_State_Attorney_General/yruJJfHg">New York State Attorney General</a>'s Office. Greenberg was ousted amid an accounting scandal in February 2005.<a class="footnote-ref" id="fnref:48" href="#fn:48">48</a><a class="footnote-ref" id="fnref:49" href="#fn:49">49</a> The New York Attorney General's investigation led to a $1.6 billion fine for AIG and criminal charges for some of its executives.<a class="footnote-ref" id="fnref:50" href="#fn:50">50</a>
On May 1, 2005, investigations conducted by outside counsel at the request of AIG's Audit Committee and the consultation with AIG's independent auditors, <a href="/facts/PricewaterhouseCoopers/4AuXcnh0">PricewaterhouseCoopers LLP</a> resulted in AIG's decision to restate its financial statements for the years ended December 31, 2003, 2002, 2001 and 2000, the quarters ended March 31, June 30 and September 30, 2004, and 2003 and the quarter ended December 31, 2003.<a class="footnote-ref" id="fnref:51" href="#fn:51">51</a>
On November 9, 2005, the company was said to have delayed its third-quarter earnings report because it had to restate earlier financial results, to correct accounting errors.<a class="footnote-ref" id="fnref:52" href="#fn:52">52</a>

<h4>Expansion to the credit default insurance market</h4>
<a href="/facts/Martin_J._Sullivan/8xNFcXUS">Martin J. Sullivan</a> became CEO of the company in 2005. He began his career at AIG as a clerk in its London office in 1970.<a class="footnote-ref" id="fnref:53" href="#fn:53">53</a> AIG then took on tens of billions of dollars of risk associated with mortgages. It insured tens of billions of dollars of derivatives against default, but did not purchase reinsurance to hedge that risk. Secondly, it used collateral on deposit to buy mortgage-backed securities. When losses hit the mortgage market in 2007–2008, AIG had to pay out insurance claims and also replace the losses in its collateral accounts.<a class="footnote-ref" id="fnref:54" href="#fn:54">54</a>
AIG purchased the remaining 39% that it did not own of online auto insurance specialist <a href="/facts/21st_Century_Insurance/1VL6wcPQ">21st Century Insurance</a> in 2007 for $749 million.<a class="footnote-ref" id="fnref:55" href="#fn:55">55</a> With the failure of the parent company and the continuing recession in late 2008, AIG rebranded its insurance unit to 21st Century Insurance.<a class="footnote-ref" id="fnref:56" href="#fn:56">56</a><a class="footnote-ref" id="fnref:57" href="#fn:57">57</a>
On June 11, 2008, three stockholders, collectively owning 4% of the outstanding stock of AIG, delivered a letter to the Board of Directors of AIG seeking to oust CEO Martin Sullivan and make certain other management and Board of Directors changes.<a class="footnote-ref" id="fnref:58" href="#fn:58">58</a>
On June 15, 2008, after disclosure of financial losses and subsequent to a falling stock price, Sullivan resigned and was replaced by <a href="/facts/Robert_B._Willumstad/P3lNd7ng">Robert B. Willumstad</a>, Chairman of the AIG Board of Directors since 2006. Willumstad was forced by the US government to step down and was replaced by <a href="/facts/Ed_Liddy/RzH6B36j">Ed Liddy</a> on September 17, 2008.<a class="footnote-ref" id="fnref:59" href="#fn:59">59</a> AIG's board of directors named <a href="/facts/Bob_Benmosche/2BPLcwpS">Bob Benmosche</a> CEO on August 3, 2009, to replace Liddy, who earlier in the year announced his retirement.<a class="footnote-ref" id="fnref:60" href="#fn:60">60</a>

<h4>2008 liquidity crisis and government bailout</h4>
Further information: <a href="/facts/Subprime_mortgage_crisis/E42h1pSY">Subprime mortgage crisis</a> and <a href="/facts/2008_financial_crisis/qw8n1pSN">2008 financial crisis</a>
In late 2008, the federal government bailed out AIG for $180 billion, and technically assumed control, because many believed its failure would endanger the financial integrity of other major firms that were its trading partners--<a href="/facts/Goldman_Sachs/cKeyh6CP">Goldman Sachs</a>, <a href="/facts/Morgan_Stanley/7obWgtJF">Morgan Stanley</a>, <a href="/facts/Bank_of_America/fXUQI9vp">Bank of America</a> and <a href="/facts/Merrill_Lynch/bwWt2DSs">Merrill Lynch</a>, as well as dozens of European banks.<a class="footnote-ref" id="fnref:61" href="#fn:61">61</a><a class="footnote-ref" id="fnref:62" href="#fn:62">62</a> In January 2011, the Financial Crisis Inquiry Commission issued one of many critical governmental reports, deciding that AIG failed and was rescued by the government primarily because its enormous sales of <a href="/facts/Credit_default_swaps/PPsAwQhs">credit default swaps</a> were made without putting up the initial collateral, setting aside capital reserves, or hedging its exposure, which one analyst considered a profound failure in corporate governance, particularly its risk management practices.<a class="footnote-ref" id="fnref:63" href="#fn:63">63</a> Other analysts believed AIG's failure was possible because of the sweeping deregulation of over-the-counter (OTC) derivatives, including credit default swaps, which effectively eliminated federal and state regulation of these products, including capital and margin requirements that would have lessened the likelihood of AIG's failure.<a class="footnote-ref" id="fnref:64" href="#fn:64">64</a><a class="footnote-ref" id="fnref:65" href="#fn:65">65</a>
Illustrating the danger of an AIG bankruptcy, a September 17, 2008, CNN Money article stated, "But in AIG's case, the situation is even more serious. The company is much larger and complex than <a href="/facts/Lehman_Brothers/bJRIyEpS">Lehman Brothers</a> and its assets hitting the market all at once would likely cause worldwide chaos and send values plummeting. Experts question whether there are even enough qualified buyers out there to digest the company and its subsidiaries."<a class="footnote-ref" id="fnref:66" href="#fn:66">66</a>
AIG had sold credit protection through its London unit in the form of <a href="/facts/Credit_default_swap/PPsAwQhs">credit default swaps</a> (CDSs) on <a href="/facts/Collateralized_debt_obligation/TljvC7qr">collateralized debt obligations</a> (CDOs) but by 2008, they had declined in value.<a class="footnote-ref" id="fnref:67" href="#fn:67">67</a><a class="footnote-ref" id="fnref:68" href="#fn:68">68</a> <a href="/facts/AIG_Financial_Products/Lho7vqrj">AIG's Financial Products division</a>, headed by <a href="/facts/Joseph_Cassano/hU5BWKhs">Joseph Cassano</a> in London, had entered into credit default swaps to insure $441 billion worth of securities originally rated AAA. Of those securities, $57.8 billion were structured debt securities backed by subprime loans.<a class="footnote-ref" id="fnref:69" href="#fn:69">69</a><a class="footnote-ref" id="fnref:70" href="#fn:70">70</a> As a result, AIG's credit rating was downgraded and it was required to post additional collateral with its trading counter-parties, leading to a liquidity crisis that began on September 16, 2008, and essentially bankrupted all of AIG. The New York United States Federal Reserve Bank (led by <a href="/facts/Timothy_Geithner/uRko6oFt">Timothy Geithner</a> who would later become Treasury secretary) stepped in, announcing creation of a secured credit facility, initially of up to $85 billion to prevent the company's collapse, enabling AIG to deliver additional collateral to its credit default swap trading partners. The credit facility was secured by the stock in AIG-owned subsidiaries in the form of warrants for a 79.9% equity stake in the company and the right to suspend dividends to previously issued common and preferred stock.<a class="footnote-ref" id="fnref:71" href="#fn:71">71</a><a class="footnote-ref" id="fnref:72" href="#fn:72">72</a> The AIG board accepted the terms of the Federal Reserve rescue package that same day, making it the largest government bailout of a private company in U.S. history.<a class="footnote-ref" id="fnref:73" href="#fn:73">73</a><a class="footnote-ref" id="fnref:74" href="#fn:74">74</a>
In March 2009, AIG compounded public cynicism concerning the "<a href="/facts/Too_big_to_fail/c5xwuWDu">too big to fail</a>" firm's bailout by announcing that it would pay its executives over $165 million in executive bonuses.<a class="footnote-ref" id="fnref:75" href="#fn:75">75</a> Total bonuses for the financial unit could reach $450 million, and bonuses for the entire company could reach $1.2 billion. Newly inaugurated President Barack Obama, who had voted for <a href="/facts/Troubled_Asset_Relief_Program/oGtszDyw">TARP</a> as a Senator<a class="footnote-ref" id="fnref:76" href="#fn:76">76</a> responded to the planned payments by saying "[I]t's hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay. How do they justify this outrage to the taxpayers who are keeping the company afloat?"<a class="footnote-ref" id="fnref:77" href="#fn:77">77</a> Both Democratic and Republican politicians reacted with similar outrage to the planned bonuses, as did political commentators and journalists in the <a href="/facts/AIG_bonus_payments_controversy/aK71bkTM">AIG bonus payments controversy</a>.
AIG began selling some assets to pay off its government loans in September 2008 despite a global decline in the valuation of insurance businesses, and the weakening financial condition of potential bidders.<a class="footnote-ref" id="fnref:78" href="#fn:78">78</a> In December 2009, AIG formed international life insurance subsidiaries, <a href="/facts/American_International_Assurance_Company%2c_Limited/qPlPxNjU">American International Assurance Company, Limited</a> (AIA) and <a href="/facts/American_Life_Insurance_Company/JhYj5xqW">American Life Insurance Company</a> (ALICO), which were transferred to the <a href="/facts/Federal_Reserve_Bank_of_New_York/fmy7nvsF">Federal Reserve Bank of New York</a>, to reduce its debt by $25 billion.<a class="footnote-ref" id="fnref:79" href="#fn:79">79</a> AIG sold its <a href="/facts/Hartford_Steam_Boiler_Inspection_and_Insurance_Company/3p8bXocX">Hartford Steam Boiler</a> unit on March 31, 2009, to <a href="/facts/Munich_Re/VwHEjWKp">Munich Re</a> for $742 million.<a class="footnote-ref" id="fnref:80" href="#fn:80">80</a><a class="footnote-ref" id="fnref:81" href="#fn:81">81</a> On April 16, 2009, AIG announced plans to sell its 21st Century Insurance subsidiary to <a href="/facts/Farmers_Insurance_Group/1VL6wcPQ">Farmers Insurance Group</a> for $1.9 billion.<a class="footnote-ref" id="fnref:82" href="#fn:82">82</a> In June 2009 AIG sold its majority ownership of reinsurer Transatlantic Re.<a class="footnote-ref" id="fnref:83" href="#fn:83">83</a> <a href="/facts/The_Wall_Street_Journal/9Pkf2cYK">The Wall Street Journal</a> reported on September 7, 2009, that Pacific Century Group had agreed to pay $500 million for a part of AIG's asset management business, and that they also expected to pay an additional $200 million to AIG in carried interest and other payments linked to future performance of the business.<a class="footnote-ref" id="fnref:84" href="#fn:84">84</a>
AIG then sold its American Life Insurance Co. (ALICO) to MetLife Inc. for $15.5 billion in cash and MetLife stock in March 2010.<a class="footnote-ref" id="fnref:85" href="#fn:85">85</a> <a href="/facts/Bloomberg_L.P./2NCtubRH">Bloomberg L.P.</a> reported on March 29, 2010, that after almost three months of delays, AIG had completed the $500 million sale of a portion of its asset management business, branded <a href="/facts/PineBridge_Investments/l32M3Rut">PineBridge Investments</a>, to the Asia-based Pacific Century Group.<a class="footnote-ref" id="fnref:86" href="#fn:86">86</a> <a href="/facts/Fortress_Investment_Group/Aq1lzpcd">Fortress Investment Group</a> purchased 80% of the interest in financing company <a href="/facts/Springleaf/8jmK9nL4">American General Finance</a> in August 2010.<a class="footnote-ref" id="fnref:87" href="#fn:87">87</a> In September 2010 AIG sold AIG Starr and AIG Edison, two of its Japan-based companies, to <a href="/facts/Prudential_Financial/gDK66e3u">Prudential Financial</a> for $4.2 billion in cash and $600 million in assumption of third party AIG debt by Prudential.<a class="footnote-ref" id="fnref:88" href="#fn:88">88</a> On November 1, 2010, AIG raised $36.71 billion from both the sale of ALICO and its IPO of AIA. Proceeds went to repay some of the aid it received from the government during the <a href="/facts/2008_financial_crisis/qw8n1pSN">2008 financial crisis</a>.<a class="footnote-ref" id="fnref:89" href="#fn:89">89</a>
AIG sold its Taiwanese life insurance company Nan Shan Life to a consortium of buyers for $2.16 billion in January 2011.<a class="footnote-ref" id="fnref:90" href="#fn:90">90</a> Due to the Q3 2011 net loss widening, on November 3, 2011, AIG shares plunged 49 percent year to date. The insurer's board approved a share buyback of as much as $1 billion.<a class="footnote-ref" id="fnref:91" href="#fn:91">91</a>
Nine years after the initial bailout, in 2017, the U.S. Financial Stability Oversight Council removed AIG from its list of too-big-to-fail institutions.<a class="footnote-ref" id="fnref:92" href="#fn:92">92</a>

<h3>2012–2016: modern era</h3>
The <a href="/facts/United_States_Department_of_the_Treasury/lDmua740">United States Department of the Treasury</a> announced an offering of 188.5 million shares of AIG for a total of $5.8 billion on May 7, 2012. The sale reduced Treasury's stake in AIG to 61 percent, from 70 percent before the transaction.<a class="footnote-ref" id="fnref:93" href="#fn:93">93</a> Four months later, on September 6, 2012, AIG sold $2 billion of its investment in <a href="/facts/AIA_Group/qPlPxNjU">AIA</a> to repay government loans. The board also approved a $5 billion stock repurchase of government-owned shares in AIA.<a class="footnote-ref" id="fnref:94" href="#fn:94">94</a> The next week, on September 14, 2012, the Department of Treasury completed its fifth sale of AIG common stock, with proceeds of approximately $20.7 billion, reducing the Treasury's ownership stake in AIG to approximately 15.9 percent from 53 percent. Government commitments were fully recovered, and Treasury and the <a href="/facts/Federal_Reserve_Bank_of_New_York/fmy7nvsF">FRBNY</a> to date had received a combined positive return of approximately $15.1 billion.<a class="footnote-ref" id="fnref:95" href="#fn:95">95</a>
On October 12, 2012, AIG announced a five and a half year agreement to sponsor six New Zealand–based rugby teams, including the world champion <a href="/facts/All_Blacks/bj4jtf4c">All Blacks</a>. The AIG logo and the Adidas logo, the league's primary sponsor, were displayed on the league's team jerseys.<a class="footnote-ref" id="fnref:96" href="#fn:96">96</a>
The U.S. Department of the Treasury in December 2012 published an itemized list of the loans, stock purchases, special purpose vehicles (SPVs) and other investments engaged in with AIG, the amount AIG paid back and the positive return on the loans and investments to the government.<a class="footnote-ref" id="fnref:97" href="#fn:97">97</a> The Treasury said that it and the Federal Reserve Bank of New York provided a total $182.3 billion to AIG, which paid back a total $205 billion, for a total positive return, or profit, to the government of $22.7 billion. In addition, AIG sold off a number of its own assets to raise money to pay back the government. On December 14, 2012, the Treasury Department sold the last of its AIG stock in its sixth stock sale for a total of approximately $7.6 billion. In total, the Treasury Department realized a gain of more than $22 billion from the sale of AIG common stock and $0.9 billion from the sale of AIG preferred stock.<a class="footnote-ref" id="fnref:98" href="#fn:98">98</a> The same month, Robert Benmosche announced that he would be stepping down from his position as president and CEO due to his advancing lung cancer.<a class="footnote-ref" id="fnref:99" href="#fn:99">99</a><a class="footnote-ref" id="fnref:100" href="#fn:100">100</a>
AIG began an advertising campaign on January 1, 2013, called "Thank You America," in which several company employees, including AIG President and CEO Robert Benmosche, talked directly to the camera and offered their thanks for the government assistance.<a class="footnote-ref" id="fnref:101" href="#fn:101">101</a> <a href="/facts/Peter_Hancock_(businessman)/tcGahkUY">Peter Hancock</a> succeeded Benmosche as president and CEO of AIG in September 2014.<a class="footnote-ref" id="fnref:102" href="#fn:102">102</a> While Benmosche stayed on in an advisory role,<a class="footnote-ref" id="fnref:103" href="#fn:103">103</a> he died in February the following year.<a class="footnote-ref" id="fnref:104" href="#fn:104">104</a>
In June 2015, <a href="/facts/Taiwan/VcJoUD8w">Taiwan</a>'s Nan Shan Life Insurance acquired a stake in AIG's subsidiary in Taiwan for a fee of $158 million.<a class="footnote-ref" id="fnref:105" href="#fn:105">105</a> Later that year, activist investor <a href="/facts/Carl_Icahn/xVA7M2TJ">Carl Icahn</a> called for a breakup of AIG, describing the company as "too big to succeed".<a class="footnote-ref" id="fnref:106" href="#fn:106">106</a> AIG announced plans for an <a href="/facts/Initial_public_offering/2NntDhrG">initial public offering</a> of 19.9 percent of United Guaranty Corp., a <a href="/facts/Greensboro%2c_North_Carolina/FcWCY6PC">Greensboro, North Carolina</a>–based provider of <a href="/facts/Lenders_mortgage_insurance/SxrjLgSt">mortgage insurance for lenders</a> in January 2016.<a class="footnote-ref" id="fnref:107" href="#fn:107">107</a> Later that year, Icahn won a seat on the board of directors and continued to pressure the company to split up its major divisions.<a class="footnote-ref" id="fnref:108" href="#fn:108">108</a> AIG also began a <a href="/facts/Joint_venture/f2Fv8QqA">joint venture</a> with <a href="/facts/Brian_Duperreault/XD9Qdadn">Hamilton Insurance Group</a> and Two Sigma Investments to serve the insurance needs of small- to medium-sized enterprises. Industry veteran <a href="/facts/Brian_Duperreault/XD9Qdadn">Brian Duperreault</a> became the chairman of the new entity, and Richard Friesenhahn, the executive vice president of U.S. casualty lines at AIG, became CEO.<a class="footnote-ref" id="fnref:109" href="#fn:109">109</a> In August 2016, AIG sold off United Guaranty, its mortgage-guarantee unit, to <a href="/facts/Arch_Capital_Group/bL6nmJD2">Arch Capital Group</a>, a <a href="/facts/Bermuda/dYgp0TF4">Bermuda</a>-based insurer, for $3.4 billion.<a class="footnote-ref" id="fnref:110" href="#fn:110">110</a>

<h3>2017</h3>
Brian Duperreault was appointed CEO of AIG on May 15, 2017.<a class="footnote-ref" id="fnref:111" href="#fn:111">111</a> Duperreault, who previously worked at AIG from 1973 until 1994,<a class="footnote-ref" id="fnref:112" href="#fn:112">112</a> was hired as CEO from Hamilton Insurance Group<a class="footnote-ref" id="fnref:113" href="#fn:113">113</a> following Hancock's announcement in March 2017 that he would step down as AIG CEO under pressure after a period of disappointing financial results.<a class="footnote-ref" id="fnref:114" href="#fn:114">114</a> Due to previous calls in 2015 and 2016 to shrink or break up AIG, Duperreault announced his intention to grow AIG and maintain its multiline structure<a class="footnote-ref" id="fnref:115" href="#fn:115">115</a> as a provider of life and retirement solutions and non-life insurance,<a class="footnote-ref" id="fnref:116" href="#fn:116">116</a> outlining a strategy to focus on technology, "<a href="/facts/Underwriting/75rr1GD7">underwriting</a> discipline," and diversification.<a class="footnote-ref" id="fnref:117" href="#fn:117">117</a>
2017<a class="footnote-ref" id="fnref:118" href="#fn:118">118</a> through early 2019<a class="footnote-ref" id="fnref:119" href="#fn:119">119</a> saw AIG hire a number of new upper level executives.<a class="footnote-ref" id="fnref:120" href="#fn:120">120</a><a class="footnote-ref" id="fnref:121" href="#fn:121">121</a> In 2017, Duperreault named <a href="/facts/Peter_Zaffino/PtQrbuNk">Peter Zaffino</a><a class="footnote-ref" id="fnref:122" href="#fn:122">122</a> as AIG <a href="/facts/Chief_operating_officer/2tbaQsmn">COO</a>,<a class="footnote-ref" id="fnref:123" href="#fn:123">123</a> later also naming him CEO of AIG's General Insurance business.<a class="footnote-ref" id="fnref:124" href="#fn:124">124</a> Zaffino succeeded Duperreault as president of AIG in January 2020, with Duperreault remaining AIG's CEO.<a class="footnote-ref" id="fnref:125" href="#fn:125">125</a> The company announced plans in 2017 to reorganize its Commercial and Consumer segments into General Insurance and Life & Retirement, respectively.<a class="footnote-ref" id="fnref:126" href="#fn:126">126</a><a class="footnote-ref" id="fnref:127" href="#fn:127">127</a> In September 2017, the <a href="/facts/Financial_Stability_Oversight_Council/5nEkjfbV">Financial Stability Oversight Council</a><a class="footnote-ref" id="fnref:128" href="#fn:128">128</a> determined that AIG was no longer considered a nonbank systemically important financial institution (<a href="/facts/SIFI/3osfC6Q8">SIFI</a>).<a class="footnote-ref" id="fnref:129" href="#fn:129">129</a> Duperreault commented in response that the development reflected "the progress made since 2008 to de-risk the company."<a class="footnote-ref" id="fnref:130" href="#fn:130">130</a>

<h3>2018–2023</h3>
AIG made a number of acquisitions in 2018.<a class="footnote-ref" id="fnref:131" href="#fn:131">131</a><a class="footnote-ref" id="fnref:132" href="#fn:132">132</a> That July, AIG acquired Validus Holdings Ltd., a provider of reinsurance based in <a href="/facts/Bermuda/dYgp0TF4">Bermuda</a>. The company was also a <a href="/facts/Lloyd%2527s_of_London/D5o3q5Hr">Lloyd's of London</a> syndicate, involved in insurance-linked securities,<a class="footnote-ref" id="fnref:133" href="#fn:133">133</a> a specialist in US small commercial excess and surplus underwriting, and a provider of <a href="/facts/Crop_insurance/Krax3eNn">crop insurance</a>.<a class="footnote-ref" id="fnref:134" href="#fn:134">134</a><a class="footnote-ref" id="fnref:135" href="#fn:135">135</a> The deal "brought in fresh underwriting talent," particularly in property risk and catastrophe risk.<a class="footnote-ref" id="fnref:136" href="#fn:136">136</a> Also in 2018 AIG acquired Ellipse, a UK life insurance business,<a class="footnote-ref" id="fnref:137" href="#fn:137">137</a> from <a href="/facts/Munich_Re/VwHEjWKp">Munich Re</a>.<a class="footnote-ref" id="fnref:138" href="#fn:138">138</a> In 2018, AIG established Fortitude Re to hold most of its run-off portfolios and late in 2018 sold a minority stake to <a href="/facts/The_Carlyle_Group/gTPw8a9I">The Carlyle Group</a>.<a class="footnote-ref" id="fnref:139" href="#fn:139">139</a> In November 2019, a Carlyle-managed fund and <a href="/facts/T%2526D_Holdings/aKUorW7j">T&D Holdings</a> acquired a majority interest in Fortitude Re, leaving AIG with a 3.5% stake "subject to required regulatory approvals and other customary closing conditions."<a class="footnote-ref" id="fnref:140" href="#fn:140">140</a>
Duperreault and Zaffino set out a turnaround strategy for the General Insurance business in 2017 and began execution. In 2019,<a class="footnote-ref" id="fnref:141" href="#fn:141">141</a> Duperreault stated that the new executive team had restructured the business, implemented new risk and underwriting guidelines, and "overhauled its reinsurance buying strategy."<a class="footnote-ref" id="fnref:142" href="#fn:142">142</a>
In 2019, Duperreault and Zaffino announced "AIG 200", a multi-year program to improve operations by shedding legacy processes and excess manual interventions, modernizing and digitizing workflows, and unifying operations.<a class="footnote-ref" id="fnref:143" href="#fn:143">143</a> Also during that month, AIG reported its second consecutive quarter of underwriting profits,<a class="footnote-ref" id="fnref:144" href="#fn:144">144</a> and AIG's Life and Retirement business, led by CEO Kevin Hogan, delivered "solid growth" and returns despite a volatile credit and equity market.<a class="footnote-ref" id="fnref:145" href="#fn:145">145</a> In January 2020, AIG announced it was ending its decade-long sponsorship of the <a href="/facts/All_Blacks/bj4jtf4c">All Blacks</a> in 2021.<a class="footnote-ref" id="fnref:146" href="#fn:146">146</a>
On March 1, 2021, Peter Zaffino succeeded Brian Duperreault as AIG's CEO, with Duperreault becoming executive chairman of the board.<a class="footnote-ref" id="fnref:147" href="#fn:147">147</a> Then, in January 2022, Zaffino also became chairman of the AIG board.<a class="footnote-ref" id="fnref:148" href="#fn:148">148</a>
As part of AIG's 2020 plan to <a href="/facts/Corporate_spin-off/AAdmMr3u">form an independent company</a> of its life and retirement insurance business with a 2022 IPO, the company announced, in July 2021, that <a href="/facts/Blackstone_Group/22xhHyLD">Blackstone Group</a> would acquire 9.9% of the new unit for $2.2 billion cash. Blackstone and AIG also entered a long-term asset management agreement for about one quarter of AIG's life and retirement portfolio, set to increase in subsequent years.<a class="footnote-ref" id="fnref:149" href="#fn:149">149</a> After the spin-off, <a href="/facts/Corebridge_Financial/twC6Fm0c">Corebridge Financial</a> became an independent entity, raising $1.68 billion in the largest U.S. IPO of 2022.<a class="footnote-ref" id="fnref:150" href="#fn:150">150</a><a class="footnote-ref" id="fnref:151" href="#fn:151">151</a>
In February 2023, AIG and Stone Point Capital entered into an agreement to establish an independent managing general agency and relocate AIG's current private client group to the independent new company, Private Client Select Insurance Services (PCS).<a class="footnote-ref" id="fnref:152" href="#fn:152">152</a><a class="footnote-ref" id="fnref:153" href="#fn:153">153</a> That May, AIG agreed to sell subsidiary Crop Risk Services to <a href="/facts/American_Financial_Group/jVjF5gLs">American Financial Group</a> for $240 million,<a class="footnote-ref" id="fnref:154" href="#fn:154">154</a> as well as Validus Re, including AlphaCat and the Talbot Treaty reinsurance business, to <a href="/facts/RenaissanceRe/vRsP6e8j">RenaissanceRe</a> for $2.985 billion, in cash and RenaissanceRe common shares.<a class="footnote-ref" id="fnref:155" href="#fn:155">155</a>

<h3>2024</h3>
In March 2024, British regulators cleared the sale of the UK arm of AIG Life Ltd to British insurer <a href="/facts/Aviva/t4mgUA5r">Aviva</a> for £460 million.<a class="footnote-ref" id="fnref:156" href="#fn:156">156</a>

<h2 id="business">Business</h2>
In Australia and China, AIG is identified as a large financial institution and provider of financial services including credit security mechanisms.<a class="footnote-ref" id="fnref:157" href="#fn:157">157</a><a class="footnote-ref" id="fnref:158" href="#fn:158">158</a> In the United States, AIG is the largest <a href="/facts/Underwriting/75rr1GD7">underwriter</a> of commercial and industrial insurance.<a class="footnote-ref" id="fnref:159" href="#fn:159">159</a>
AIG offers property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services.<a class="footnote-ref" id="fnref:160" href="#fn:160">160</a> In the third quarter of 2012, the global property-and-casualty insurance business, Chartis, was renamed AIG Property Casualty. SunAmerica, life-insurance and retirement-services division, was renamed AIG Life and Retirement; other existing brands continue to be used in certain geographies and market segments.<a class="footnote-ref" id="fnref:161" href="#fn:161">161</a><a class="footnote-ref" id="fnref:162" href="#fn:162">162</a>

<h2 id="sponsorships">Sponsorships</h2>
AIG was the shirt sponsor of the English football club <a href="/facts/Manchester_United_F.C./wmNVnVtQ">Manchester United F.C.</a> between 2006 and 2010. AIG was the first American shirt sponsor of the club and AIG shirts were worn for one of the most concentrated periods of success in the club's history, coinciding with <a href="/facts/Alex_Ferguson/PXMf5ISI">Sir Alex Ferguson</a>'s third great United team, which won three Premier League titles, as well as the Champions League, in the space of four seasons.<a class="footnote-ref" id="fnref:163" href="#fn:163">163</a>
In 2019, AIG signed a five-year contract to be the title sponsor of Women's British Open, its first deal in golf.<a class="footnote-ref" id="fnref:164" href="#fn:164">164</a> In 2020, the contract was extended to 2025 and the championship was rebranded as the <a href="/facts/AIG_Women%2527s_Open/ljLwGGlz">AIG Women's Open</a>,<a class="footnote-ref" id="fnref:165" href="#fn:165">165</a> with the largest major women's golf prize fund in 2021, totaling $US5.8 million.<a class="footnote-ref" id="fnref:166" href="#fn:166">166</a> The AIG Women's Open set a new benchmark in 2022 of $7.3 million for women's major championship golf prize payouts,<a class="footnote-ref" id="fnref:167" href="#fn:167">167</a><a class="footnote-ref" id="fnref:168" href="#fn:168">168</a> increasing the tournament's purse 125% since 2018.<a class="footnote-ref" id="fnref:169" href="#fn:169">169</a>
In 2023, AIG announced it will continue as the title sponsor of the event through 2030, along with another increase in the total purse to $9 million.<a class="footnote-ref" id="fnref:170" href="#fn:170">170</a>

<h2 id="subsidiaries">Subsidiaries</h2>
Main article: <a href="/facts/Holdings_of_American_International_Group/gG77aYPR">Holdings of American International Group</a>
<ul><li>AIG Europe S.A.<a class="footnote-ref" id="fnref:171" href="#fn:171">171</a></li>
<li><a href="/facts/American_General_Life_Insurance_Company/1WRBxEfb">American General Life Insurance Company</a><a class="footnote-ref" id="fnref:172" href="#fn:172">172</a></li>
<li><a href="/facts/American_Home_Assurance_Company/1WRBxEfb">American Home Assurance Company</a><a class="footnote-ref" id="fnref:173" href="#fn:173">173</a></li>
<li><a href="/facts/Lexington_Insurance_Company/0tuxNQEl">Lexington Insurance Company</a><a class="footnote-ref" id="fnref:174" href="#fn:174">174</a></li>
<li><a href="/facts/National_Union_Fire_Insurance_Company_of_Pittsburgh%2c_PA/1WRBxEfb">National Union Fire Insurance Company of Pittsburgh, PA</a><a class="footnote-ref" id="fnref:175" href="#fn:175">175</a></li>
<li><a href="/facts/The_United_States_Life_Insurance_Company_in_the_City_of_New_York/1WRBxEfb">The United States Life Insurance Company in the City of New York</a><a class="footnote-ref" id="fnref:176" href="#fn:176">176</a><a class="footnote-ref" id="fnref:177" href="#fn:177">177</a></li>
<li><a href="/facts/VALIC/roeJ7MHE">The Variable Annuity Life Insurance Company (VALIC)</a><a class="footnote-ref" id="fnref:178" href="#fn:178">178</a></li>
<li>American International Group UK Ltd.<a class="footnote-ref" id="fnref:179" href="#fn:179">179</a></li>
<li>AIG General Insurance Co. Ltd.<a class="footnote-ref" id="fnref:180" href="#fn:180">180</a></li>
<li>Validus Reinsurance, Ltd.<a class="footnote-ref" id="fnref:181" href="#fn:181">181</a></li></ul>
<h2 id="aig-bailout-litigation">AIG Bailout Litigation</h2>
<ul><li>Starr International Co v U.S. Federal Circuit Court of Appeals</li></ul>
Maurice ("Hank") Greenberg, with lead lawyer <a href="/facts/David_Boies/5Jf5u224">David Boies</a>, independently sued the U.S. Government for $40 billion (US) in the United States Court of Federal Claims in 2011.<a class="footnote-ref" id="fnref:182" href="#fn:182">182</a><a class="footnote-ref" id="fnref:183" href="#fn:183">183</a> In Starr v. United States, the plaintiffs argued that the government denied AIG access to discounted federal loans that would have enabled the company to pay off creditors; instead, AIG was forced to pay a high interest rate and hand the government an 80 percent equity stake in the company.<a class="footnote-ref" id="fnref:184" href="#fn:184">184</a> The AIG board had announced on January 9 that the company would not join the lawsuit.<a class="footnote-ref" id="fnref:185" href="#fn:185">185</a> 
The trial judge was Thomas Wheeler.<a class="footnote-ref" id="fnref:186" href="#fn:186">186</a> In his opening, David Boies called the United States' demand for a 79.9% equity stake a "grab" at "an extortion rate."<a class="footnote-ref" id="fnref:187" href="#fn:187">187</a><a class="footnote-ref" id="fnref:188" href="#fn:188">188</a> In response, government lawyer Kenneth Dintzer sought to paint Mr. Greenberg and the A.I.G. shareholders as ingrates with a sense of “entitlement” that "knows no bounds."<a class="footnote-ref" id="fnref:189" href="#fn:189">189</a> The trial lasted thirty-seven days and included testimony from Former Chairman of the Federal Reserve <a href="/facts/Ben_Bernanke/XPVRJRWT">Ben Bernanke</a>, and former Secretaries of the Treasury <a href="/facts/Timothy_Geithner/uRko6oFt">Timothy Geithner</a>, <a href="/facts/Henry_Paulson/3wLx9IBN">Henry Paulson</a>.<a class="footnote-ref" id="fnref:190" href="#fn:190">190</a><a class="footnote-ref" id="fnref:191" href="#fn:191">191</a> <a href="/facts/Jimmy_Lee_(banker)/KvUQgIJg">Jimmy Lee (banker)</a> testified that AIG had no hope of obtaining private financing.<a class="footnote-ref" id="fnref:192" href="#fn:192">192</a><a class="footnote-ref" id="fnref:193" href="#fn:193">193</a> Former secretary Paulson testified that the terms of the bail out were meant to be punitive.<a class="footnote-ref" id="fnref:194" href="#fn:194">194</a> <a href="/facts/John_J._Studzinski/o4klVFAe">John J. Studzinski</a> testified that he advised the AIG Board when it decided to accept the bailout.<a class="footnote-ref" id="fnref:195" href="#fn:195">195</a> After closing arguments by Boies and Dintzer,<a class="footnote-ref" id="fnref:196" href="#fn:196">196</a><a class="footnote-ref" id="fnref:197" href="#fn:197">197</a> Judge <a href="/facts/Thomas_C._Wheeler/Xn6R1WL2">Thomas C. Wheeler</a> ruled that the terms of the <a href="/facts/Federal_Reserve/VaCV51ne">Federal Reserve</a> loan to AIG had been an illegal exaction, as the <a href="/facts/Federal_Reserve_Act/rqj82Itt">Federal Reserve Act</a> did not authorize the New York Fed to nationalize a corporation by owning its stock.<a class="footnote-ref" id="fnref:198" href="#fn:198">198</a><a class="footnote-ref" id="fnref:199" href="#fn:199">199</a> Judge Wheeler did not award compensation to the plaintiffs, ruling that they did not suffer economic damage because "if the government had done nothing, the shareholders would have been left with 100 percent of nothing."<a class="footnote-ref" id="fnref:200" href="#fn:200">200</a> 
Greenberg and the U.S. Government appealed to the Court of Appeals for the Federal Circuit, which ruled that Greenberg had no legal right to challenge the bailout because that right belonged to AIG, which in this case, chose not to sue.<a class="footnote-ref" id="fnref:201" href="#fn:201">201</a>

<ul><li>AIG Inc. et al. v. Maiden Lane II LLC</li></ul>
AIG filed suit against the Federal Reserve Bank of New York in January 2013 in order to maintain the former's right to sue Bank of America and other issuers of bad mortgage debt.<a class="footnote-ref" id="fnref:202" href="#fn:202">202</a> The specific issue was whether the Federal Reserve Bank of New York transferred $18 billion in litigation claims on troubled mortgage debt through Maiden Lane Transactions, entities created by the Fed in 2008.<a class="footnote-ref" id="fnref:203" href="#fn:203">203</a> This transaction, AIG argued, prevented them from recouping losses from insured banks. Owing to events which allowed AIG to proceed in another related case, AIG Inc. v. Bank of America Corporation LLC, AIG withdrew the Maiden Lane case "without prejudice" on May 28, 2013.<a class="footnote-ref" id="fnref:204" href="#fn:204">204</a>

<ul><li>AIG Inc. v. Bank of America Corporation LLC</li></ul>
On May 7, 2013, Los Angeles U.S. District Judge, Mariana Pfaelzer, ruled in a case between AIG and Bank of America concerning possible misrepresentations by Merrill Lynch and Countrywide as to the quality of the mortgage portfolio, that $7.3 billion of the disputed claims had not been assigned.<a class="footnote-ref" id="fnref:205" href="#fn:205">205</a> The two parties settled in July 2014, with Bank of America paying out $650 million to AIG, who in turn dismissed their litigation.<a class="footnote-ref" id="fnref:206" href="#fn:206">206</a>

<h2 id="corporate-governance">Corporate governance</h2>
<h3>Board of directors</h3>
In July 2023, the AIG board includes:<a class="footnote-ref" id="fnref:207" href="#fn:207">207</a><a class="footnote-ref" id="fnref:208" href="#fn:208">208</a><a class="footnote-ref" id="fnref:209" href="#fn:209">209</a>

<ul><li>Paola Bergamaschi – former executive at <a href="/facts/State_Street_Corporation/fRbAPUpN">State Street</a>, <a href="/facts/Credit_Suisse/uzwg4qM1">Credit Suisse</a> and <a href="/facts/Goldman_Sachs/cKeyh6CP">Goldman Sachs</a></li>
<li><a href="/facts/James_Cole_Jr./v2GflxsU">James Cole Jr.</a> – chairman and CEO, The Jasco Group</li>
<li>John Rice – former vice chairman of <a href="/facts/General_Electric/bBm5CzVY">GE</a>, former president and CEO of the GE Global Growth Organization<a class="footnote-ref" id="fnref:210" href="#fn:210">210</a></li>
<li><a href="/facts/W._Don_Cornwell/ArsN9aoe">W. Don Cornwell</a> – former chairman and CEO, <a href="/facts/Granite_Broadcasting/NmX1hTLR">Granite Broadcasting Corporation</a></li>
<li>Linda A. Mills – former vice president of operations, <a href="/facts/Northrop_Grumman/M6keKE1A">Northrop Grumman Corporation</a></li>
<li>Diana M. Murphy – managing director, Rocksolid Holdings; former president, <a href="/facts/United_States_Golf_Association/RXn3rV1U">USGA</a><a class="footnote-ref" id="fnref:211" href="#fn:211">211</a></li>
<li>Peter R. Porrino – former executive <a href="/facts/Vice_president/Vw7SgL7T">vice president</a> and <a href="/facts/Chief_Financial_Officer/MUJ9Cggg">CFO</a>, <a href="/facts/Axa_XL/8PRJNkyA">XL Group Ltd</a></li>
<li>Therese M. Vaughn – former CEO, the <a href="/facts/National_Association_of_Insurance_Commissioners/l0QREdPn">National Association of Insurance Commissioners</a></li>
<li>Vanessa A. Wittman – former CFO, <a href="/facts/Glossier/dNTIH0Fy">Glossier</a>, <a href="/facts/Dropbox/7D2Rhh32">Dropbox</a>, <a href="/facts/Marsh_McLennan/oQrENDK5">Marsh McLennan</a><a class="footnote-ref" id="fnref:212" href="#fn:212">212</a></li>
<li><a href="/facts/Peter_Zaffino/PtQrbuNk">Peter Zaffino</a> – chairman and CEO, AIG</li></ul>
<h2 id="see-also">See also</h2>
<ul>
<li>Companies portal</li></ul>
<ul><li><a href="/facts/Bailout/GhEhGMRS">Bailout</a></li>
<li><a href="/facts/2008_financial_crisis/qw8n1pSN">2008 financial crisis</a></li>
<li><a href="/facts/List_of_United_States_insurance_companies/YXzgIHdF">List of United States insurance companies</a></li></ul>

<h2 id="further-reading">Further reading</h2>
<ul><li>Angelides, Phil (2011). <a href="https://books.google.com/books?id=QIKfTVrhNfMC&pg=PA352">Financial Crisis Inquiry Report</a>. DIANE Publishing. <a href="/facts/ISBN_(identifier)/15AdSPa9">ISBN</a> 978-1-4379-8072-1.</li>
<li>Cunningham, Lawrence A.; Greenberg, Maurice R. (2013). The AIG story. Hoboken, N.J.: John Wiley & Sons. <a href="/facts/ISBN_(identifier)/15AdSPa9">ISBN</a> 978-1118345870.</li>
<li>Sjostrom, William K. Jr. (November 2009). "The AIG Bailout". Washington and Lee Law Review. 66. <a href="/facts/SSRN_(identifier)/njd3WRzR">SSRN</a> <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1346552">1346552</a>.</li>
<li><a href="https://www.nytimes.com/imagepages/2008/09/27/business/20080928_MELT_GRAPHIC.html">"An Insurance Giant, Brought Down"</a>. <a href="/facts/The_New_York_Times/T9marWVX">The New York Times</a>. September 27, 2008. <a href="https://web.archive.org/web/20080930071745/http://www.nytimes.com/imagepages/2008/09/27/business/20080928_MELT_GRAPHIC.html">Archived</a> from the original on September 30, 2008. Retrieved September 27, 2008. (Graphic)</li>
<li><a href="https://graphics8.nytimes.com/images/2008/09/17/business/17aig-graf01.jpg">"Losses in Perspective"</a> New York Times. September 17, 2008. (Graphic of AIG quarterly net profit & losses over five years, comparing Finance vs. Insurance activities.)</li>
<li>Marsh, Bill (September 28, 2008). <a href="https://www.nytimes.com/imagepages/2008/09/28/weekinreview/20080928_MARSH_GRFK.html">"A Tally of Federal Rescues"</a>. <a href="/facts/The_New_York_Times/T9marWVX">The New York Times</a>. <a href="https://web.archive.org/web/20081001202707/http://www.nytimes.com/imagepages/2008/09/28/weekinreview/20080928_MARSH_GRFK.html">Archived</a> from the original on October 1, 2008. Retrieved September 28, 2008.</li>
<li>Schneiderman, R.M; Caulfield, Philip; Fang, Celena; Goodridge, Elisabeth; Bajaj, Vikas (September 15, 2008). <a href="https://www.nytimes.com/interactive/2008/09/15/business/20080915_TURMOIL_TIMELINE.html">"How a Market Crisis Unfolded: Some of the key events in the upheaval"</a>. <a href="/facts/The_New_York_Times/T9marWVX">The New York Times</a>. <a href="https://web.archive.org/web/20080916231720/http://www.nytimes.com/interactive/2008/09/15/business/20080915_TURMOIL_TIMELINE.html">Archived</a> from the original on September 16, 2008. Retrieved September 17, 2008. (Graphic and interactive timeline.)</li>
<li>Boyd, Roddy (2011). Fatal Risk: A Cautionary Tale of AIG's Corporate Suicide. Hoboken, NJ: Wiley. <a href="/facts/ISBN_(identifier)/15AdSPa9">ISBN</a> 978-0-470-88980-0.</li>
<li><a href="/facts/Ronald_Shelp/CbPEaVL2">Shelp, Ron</a> (2006). <a href="https://archive.org/details/fallengiantamazi00rons">Fallen Giant: The Amazing Story of Hank Greenberg and the History of AIG</a>. Hoboken, NJ: Wiley. <a href="/facts/ISBN_(identifier)/15AdSPa9">ISBN</a> 0-471-91696-X.</li>
<li>For a list of counterparties receiving U.S. taxpayer dollars, see: <a href="https://web.archive.org/web/20100110204144/http://www.businessweek.com/the_thread/economicsunbound/archives/2009/03/german_and_fren.html#more">Business Week – List of Counterparties and Payouts</a></li></ul>
<h2 id="external-links">External links</h2>

Wikimedia Commons has media related to American International Group.

<ul><li><a href="https://www.aig.com">Official website</a></li>
<li>Business data for American International Group, Inc.: <ul><li><a href="https://www.google.com/finance/quote/AIG:NYSE">Google</a></li><li><a href="https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=5272">SEC filings</a></li><li><a href="https://finance.yahoo.com/quote/AIG">Yahoo!</a></li></ul></li></ul>

<h2 id="references">References</h2>

<ol>
<li id="fn:1">"2016 10-K American International Group, Inc" (PDF). AIG.com. UNITED STATES SECURITIES AND EXCHANGE COMMISSION. December 31, 2016. p. 8. Archived from the original (PDF) on March 29, 2017. Retrieved March 3, 2017. <a href="https://web.archive.org/web/20170329061330/http://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/december-31-2016-10k.pdf" target="_blank">https://web.archive.org/web/20170329061330/http://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/december-31-2016-10k.pdf</a> <a href="#fnref:1" class="footnote-back-ref">↩</a></li>
<li id="fn:2">"2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 14, 2024. <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0000005272/000000527224000023/aig-20231231.htm" target="_blank">https://www.sec.gov/ix?doc=/Archives/edgar/data/0000005272/000000527224000023/aig-20231231.htm</a> <a href="#fnref:2" class="footnote-back-ref">↩</a></li>
<li id="fn:3">Barlyn, Suzanne; Singh, Sweta (2017). "AIG to restructure into three new units, marking CEO's first big move". Reuters. Archived from the original on September 25, 2017. Retrieved September 25, 2017. <a href="https://www.reuters.com/article/us-aig-restructure/aig-to-restructure-into-three-new-units-marking-ceos-first-big-move-idUSKCN1C01ER" target="_blank">https://www.reuters.com/article/us-aig-restructure/aig-to-restructure-into-three-new-units-marking-ceos-first-big-move-idUSKCN1C01ER</a> <a href="#fnref:3" class="footnote-back-ref">↩</a></li>
<li id="fn:4">Scism, Leslie (September 25, 2017). "AIG Retools Operating Structure Following Pledge From CEO". The Wall Street Journal. Archived from the original on September 29, 2017. Retrieved September 25, 2017. <a href="https://www.wsj.com/articles/aig-retools-operating-structure-following-pledge-from-ceo-1506342939" target="_blank">https://www.wsj.com/articles/aig-retools-operating-structure-following-pledge-from-ceo-1506342939</a> <a href="#fnref:4" class="footnote-back-ref">↩</a></li>
<li id="fn:5">"AIG Restructures Again; Commercial Lines CEO Schimek to Leave". Insurance Journal. September 25, 2017. Archived from the original on September 25, 2017. Retrieved September 26, 2017. <a href="http://www.insurancejournal.com/news/national/2017/09/25/465340.htm" target="_blank">http://www.insurancejournal.com/news/national/2017/09/25/465340.htm</a> <a href="#fnref:5" class="footnote-back-ref">↩</a></li>
<li id="fn:6">Barlyn, Suzanne; Singh, Sweta (2017). "AIG to restructure into three new units, marking CEO's first big move". Reuters. Archived from the original on September 25, 2017. Retrieved September 25, 2017. <a href="https://www.reuters.com/article/us-aig-restructure/aig-to-restructure-into-three-new-units-marking-ceos-first-big-move-idUSKCN1C01ER" target="_blank">https://www.reuters.com/article/us-aig-restructure/aig-to-restructure-into-three-new-units-marking-ceos-first-big-move-idUSKCN1C01ER</a> <a href="#fnref:6" class="footnote-back-ref">↩</a></li>
<li id="fn:7">Scism, Leslie (September 25, 2017). "AIG Retools Operating Structure Following Pledge From CEO". The Wall Street Journal. Archived from the original on September 29, 2017. Retrieved September 25, 2017. <a href="https://www.wsj.com/articles/aig-retools-operating-structure-following-pledge-from-ceo-1506342939" target="_blank">https://www.wsj.com/articles/aig-retools-operating-structure-following-pledge-from-ceo-1506342939</a> <a href="#fnref:7" class="footnote-back-ref">↩</a></li>
<li id="fn:8">"AIG Restructures Again; Commercial Lines CEO Schimek to Leave". Insurance Journal. September 25, 2017. Archived from the original on September 25, 2017. Retrieved September 26, 2017. <a href="http://www.insurancejournal.com/news/national/2017/09/25/465340.htm" target="_blank">http://www.insurancejournal.com/news/national/2017/09/25/465340.htm</a> <a href="#fnref:8" class="footnote-back-ref">↩</a></li>
<li id="fn:9">"AIG Recognized as One of DiversityInc's Top 50 Companies for Diversity for Sixth Consecutive Year". BusinessWire. Retrieved October 3, 2023. <a href="https://www.businesswire.com/news/home/20230503005553/en/AIG-Recognized-as-One-of-DiversityInc%E2%80%99s-Top-50-Companies-for-Diversity-for-Sixth-Consecutive-Year" target="_blank">https://www.businesswire.com/news/home/20230503005553/en/AIG-Recognized-as-One-of-DiversityInc%E2%80%99s-Top-50-Companies-for-Diversity-for-Sixth-Consecutive-Year</a> <a href="#fnref:9" class="footnote-back-ref">↩</a></li>
<li id="fn:10">"2016 10-K American International Group, Inc" (PDF). AIG.com. UNITED STATES SECURITIES AND EXCHANGE COMMISSION. December 31, 2016. p. 4. Archived from the original (PDF) on April 6, 2017. Retrieved March 3, 2017. <a href="https://web.archive.org/web/20170406111920/http://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/december-31-2016-10k.pdf" target="_blank">https://web.archive.org/web/20170406111920/http://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/december-31-2016-10k.pdf</a> <a href="#fnref:10" class="footnote-back-ref">↩</a></li>
<li id="fn:11">"Fortune 500". Fortune. Archived from the original on May 2, 2019. Retrieved August 1, 2018. <a href="https://web.archive.org/web/20190502115903/http://fortune.com/fortune500/list/" target="_blank">https://web.archive.org/web/20190502115903/http://fortune.com/fortune500/list/</a> <a href="#fnref:11" class="footnote-back-ref">↩</a></li>
<li id="fn:12">"The World's Biggest Public Companies". Forbes. Archived from the original on December 5, 2017. Retrieved March 15, 2017. <a href="https://www.forbes.com/global2000/list/2/#tab:overall" target="_blank">https://www.forbes.com/global2000/list/2/#tab:overall</a> <a href="#fnref:12" class="footnote-back-ref">↩</a></li>
<li id="fn:13">"SEC Filing American International Group, Inc. Annual Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2017". aig.gcs-web.com. Item 6, page 35. Archived from the original on February 22, 2022. Retrieved July 27, 2018. <a href="https://aig.gcs-web.com/node/41611/html" target="_blank">https://aig.gcs-web.com/node/41611/html</a> <a href="#fnref:13" class="footnote-back-ref">↩</a></li>
<li id="fn:14">Phil Angelides (2011). Financial Crisis Inquiry Report. DIANE Publishing. p. 352. ISBN 9781437980721. Archived from the original on July 16, 2023. Retrieved March 25, 2016. <a href="9781437980721" target="_blank">9781437980721</a> <a href="#fnref:14" class="footnote-back-ref">↩</a></li>
<li id="fn:15">"Treasury Sells Final Shares of AIG Common Stock, Positive Return on Overall AIG Commitment Reaches $22.7 Billion". Department of Treasury. Archived from the original on February 22, 2013. Retrieved February 6, 2013. <a href="http://www.treasury.gov/press-center/press-releases/Pages/tg1796.aspx" target="_blank">http://www.treasury.gov/press-center/press-releases/Pages/tg1796.aspx</a> <a href="#fnref:15" class="footnote-back-ref">↩</a></li>
<li id="fn:16">"Trent Goblin 1892–1968" (PDF). p. 6. Archived from the original (PDF) on April 14, 2021. Retrieved March 29, 2018. <a href="https://web.archive.org/web/20210414102551/http://starrfoundation.org/files/2017/10/cv_starr_book.pdf" target="_blank">https://web.archive.org/web/20210414102551/http://starrfoundation.org/files/2017/10/cv_starr_book.pdf</a> <a href="#fnref:16" class="footnote-back-ref">↩</a></li>
<li id="fn:17">Laing, Jonathan R. (July 8, 1991). "Are the Glory Years Over? – Much Slower Growth Seems in the Offing for AIG". Barron's. <a href="#fnref:17" class="footnote-back-ref">↩</a></li>
<li id="fn:18">Tracer, Zachary (December 18, 2012). "Benmosche Exits Greenberg Jewel Linked to AIG Founding". Bloomberg Businessweek. Archived from the original on January 21, 2016. Retrieved February 21, 2013. <a href="https://www.bloomberg.com/news/articles/2010-10-22/aig-divests-greenberg-s-asian-jewel-that-thiam-failed-to-acquire-timeline" target="_blank">https://www.bloomberg.com/news/articles/2010-10-22/aig-divests-greenberg-s-asian-jewel-that-thiam-failed-to-acquire-timeline</a> <a href="#fnref:18" class="footnote-back-ref">↩</a></li>
<li id="fn:19">"AIG Europe – History". Marketline. February 18, 2004. <a href="#fnref:19" class="footnote-back-ref">↩</a></li>
<li id="fn:20">Bandler, James (October 7, 2008). "Hank's Last Stand". Fortune. Retrieved February 21, 2013. <a href="https://money.cnn.com/2008/09/26/magazines/fortune/bandler_greenberg.fortune/index.htm." target="_blank">https://money.cnn.com/2008/09/26/magazines/fortune/bandler_greenberg.fortune/index.htm.</a> <a href="#fnref:20" class="footnote-back-ref">↩</a></li>
<li id="fn:21">"American International Group Inc (New York Stock Exchange)". Company profile. New York: Thomson Reuters. Archived from the original on February 20, 2009. Retrieved March 18, 2009. <a href="https://www.reuters.com/finance/stocks/companyProfile?symbol=AIG.N" target="_blank">https://www.reuters.com/finance/stocks/companyProfile?symbol=AIG.N</a> <a href="#fnref:21" class="footnote-back-ref">↩</a></li>
<li id="fn:22">Laing, Jonathan R. (July 8, 1991). "Are the Glory Years Over? – Much Slower Growth Seems in the Offing for AIG". Barron's. <a href="#fnref:22" class="footnote-back-ref">↩</a></li>
<li id="fn:23">"AIG: What does this US giant do?". BBC. September 17, 2008. Archived from the original on March 20, 2009. Retrieved March 18, 2009. <a href="http://news.bbc.co.uk/2/hi/business/7621574.stm" target="_blank">http://news.bbc.co.uk/2/hi/business/7621574.stm</a> <a href="#fnref:23" class="footnote-back-ref">↩</a></li>
<li id="fn:24">"Foreign Office Files for China, 1949–1976". Part 1: Complete Files for 1949: Publisher's Note. Adam Matthew Publications. Archived from the original on October 13, 2008. Retrieved March 18, 2009. <a href="https://web.archive.org/web/20081013085518/http://www.adam-matthew-publications.co.uk/digital_guides/fo_china_part_1/Publishers-Note.aspx" target="_blank">https://web.archive.org/web/20081013085518/http://www.adam-matthew-publications.co.uk/digital_guides/fo_china_part_1/Publishers-Note.aspx</a> <a href="#fnref:24" class="footnote-back-ref">↩</a></li>
<li id="fn:25">Laing, Jonathan R. (July 8, 1991). "Are the Glory Years Over? – Much Slower Growth Seems in the Offing for AIG". Barron's. <a href="#fnref:25" class="footnote-back-ref">↩</a></li>
<li id="fn:26">"80 Years of Growth and Diversification; the AIG Story". Business Insurance. April 12, 1999. <a href="#fnref:26" class="footnote-back-ref">↩</a></li>
<li id="fn:27">"AIG Europe – History". Marketline. February 18, 2004. <a href="#fnref:27" class="footnote-back-ref">↩</a></li>
<li id="fn:28">Collins, Stuart (May 28, 2003). "Greenberg Hails London Role". Insurance Day. <a href="#fnref:28" class="footnote-back-ref">↩</a></li>
<li id="fn:29">Ehrbar, Al (2006). Fallen Giant The Amazing Story of Hank Greenberg and the History of AIG. Hoboken, New Jersey: John Wiley & Sons, Inc. pp. 82–83 and 91. ISBN 0-471-91696-X. <a href="0-471-91696-X" target="_blank">0-471-91696-X</a> <a href="#fnref:29" class="footnote-back-ref">↩</a></li>
<li id="fn:30">Ehrbar, Al (2006). Fallen Giant The Amazing Story of Hank Greenberg and the History of AIG. Hoboken, New Jersey: John Wiley & Sons, Inc. pp. 82–83 and 91. ISBN 0-471-91696-X. <a href="0-471-91696-X" target="_blank">0-471-91696-X</a> <a href="#fnref:30" class="footnote-back-ref">↩</a></li>
<li id="fn:31">"Greenberg Joining C.V. Starr & Co. in Development Capacity". Insurance Advocate. December 17, 1960. <a href="#fnref:31" class="footnote-back-ref">↩</a></li>
<li id="fn:32">Ehrbar, Al (2006). Fallen Giant The Amazing Story of Hank Greenberg and the History of AIG. Hoboken, New Jersey: John Wiley & Sons, Inc. pp. 82–83 and 91. ISBN 0-471-91696-X. <a href="0-471-91696-X" target="_blank">0-471-91696-X</a> <a href="#fnref:32" class="footnote-back-ref">↩</a></li>
<li id="fn:33">Bowers, Barbara (August 1998). "Building a Global Platform". Best's Review/Life-Health Edition. <a href="#fnref:33" class="footnote-back-ref">↩</a></li>
<li id="fn:34">Hoover's Handbook of American Business (9th ed.). Austin, TX: Hoover's Business Press. 1999. p. 134. ISBN 978-1-57311-045-7. Archived from the original on July 16, 2023. Retrieved March 18, 2009. <a href="978-1-57311-045-7" target="_blank">978-1-57311-045-7</a> <a href="#fnref:34" class="footnote-back-ref">↩</a></li>
<li id="fn:35">Cunningham, Lawrence A (2013). The AIG Story. Hoboken, New Jersey: John Wiley & Sons, Inc. pp. 14–15. ISBN 978-1-118-34587-0. <a href="978-1-118-34587-0" target="_blank">978-1-118-34587-0</a> <a href="#fnref:35" class="footnote-back-ref">↩</a></li>
<li id="fn:36">Cunningham, Lawrence A (2013). The AIG Story. Hoboken, New Jersey: John Wiley & Sons, Inc. pp. 14–15. ISBN 978-1-118-34587-0. <a href="978-1-118-34587-0" target="_blank">978-1-118-34587-0</a> <a href="#fnref:36" class="footnote-back-ref">↩</a></li>
<li id="fn:37">Cunningham, Lawrence A (2013). The AIG Story. Hoboken, New Jersey: John Wiley & Sons, Inc. pp. 14–15. ISBN 978-1-118-34587-0. <a href="978-1-118-34587-0" target="_blank">978-1-118-34587-0</a> <a href="#fnref:37" class="footnote-back-ref">↩</a></li>
<li id="fn:38">Barreto, Elzio (December 16, 2012). "AIG marks end of era with $6.45 billion AIA stake sale". Reuters. Archived from the original on January 29, 2016. Retrieved March 7, 2013. <a href="https://www.reuters.com/article/us-aia-aig-idUSBRE8BG01020121218" target="_blank">https://www.reuters.com/article/us-aia-aig-idUSBRE8BG01020121218</a> <a href="#fnref:38" class="footnote-back-ref">↩</a></li>
<li id="fn:39">Laing, Jonathan R. (July 8, 1991). "Are the Glory Years Over? – Much Slower Growth Seems in the Offing for AIG". Barron's. <a href="#fnref:39" class="footnote-back-ref">↩</a></li>
<li id="fn:40">"Insurers Set $17.8 Billion Stock Deal". The New York Times. August 21, 1998. Archived from the original on September 14, 2019. Retrieved June 25, 2019. <a href="https://www.nytimes.com/1998/08/21/business/insurers-set-17.8-billion-stock-deal.html" target="_blank">https://www.nytimes.com/1998/08/21/business/insurers-set-17.8-billion-stock-deal.html</a> <a href="#fnref:40" class="footnote-back-ref">↩</a></li>
<li id="fn:41">"AIG Closes American General Acquisition". National Underwriter Life & Health. August 30, 2001. <a href="#fnref:41" class="footnote-back-ref">↩</a></li>
<li id="fn:42">"Tata-AIG to Kick off with IT Products". Business Line Internet Edition. February 11, 2001. Archived from the original on July 10, 2013. Retrieved July 10, 2013. <a href="https://archive.today/20130710212624/http://www.hindu.com/businessline/2001/02/12/stories/14124102.htm" target="_blank">https://archive.today/20130710212624/http://www.hindu.com/businessline/2001/02/12/stories/14124102.htm</a> <a href="#fnref:42" class="footnote-back-ref">↩</a></li>
<li id="fn:43">"AMERICAN INTERNATIONAL GROUP, INC., THE BLACKSTONE GROUP L.P. AND KISSINGER ASSOCIATES, INC. ANNOUNCE A NEW STRATEGIC ADVISORY VENTURE". <a href="http://ir.aigcorporate.com/phoenix.zhtml?c=76115&p=irol-newsArticle&ID=231037&highlight" target="_blank">http://ir.aigcorporate.com/phoenix.zhtml?c=76115&p=irol-newsArticle&ID=231037&highlight</a> <a href="#fnref:43" class="footnote-back-ref">↩</a></li>
<li id="fn:44">De La Merced, Michael J. (March 2, 2002). "A.I.G. Sheds Stake in Blackstone". The New York Times Deal Book. Archived from the original on September 22, 2015. Retrieved March 5, 2017. <a href="https://dealbook.nytimes.com/2012/03/02/a-i-g-sheds-stake-in-blackstone/" target="_blank">https://dealbook.nytimes.com/2012/03/02/a-i-g-sheds-stake-in-blackstone/</a> <a href="#fnref:44" class="footnote-back-ref">↩</a></li>
<li id="fn:45">"Do You Have An Old Line Life Insurance Policy?". www.rootfin.com. Archived from the original on December 28, 2017. Retrieved December 28, 2017. <a href="https://www.rootfin.com/do-you-have-an-old-line-life-insurance-policy/" target="_blank">https://www.rootfin.com/do-you-have-an-old-line-life-insurance-policy/</a> <a href="#fnref:45" class="footnote-back-ref">↩</a></li>
<li id="fn:46">Semenenko, Igor (July 30, 2003). "AIG, Interros Set Up $500M Funds". The Moscow Times. Archived from the original on March 27, 2019. Retrieved February 13, 2019. <a href="http://old.themoscowtimes.com/business/article/tmt/236859.html" target="_blank">http://old.themoscowtimes.com/business/article/tmt/236859.html</a> <a href="#fnref:46" class="footnote-back-ref">↩</a></li>
<li id="fn:47">"AIG Forks Up $126 million to SEC on PNC Deals". Insurance Journal. November 24, 2004. Archived from the original on August 29, 2008. Retrieved September 18, 2008. <a href="http://www.insurancejournal.com/news/national/2004/11/24/47993.htm" target="_blank">http://www.insurancejournal.com/news/national/2004/11/24/47993.htm</a> <a href="#fnref:47" class="footnote-back-ref">↩</a></li>
<li id="fn:48">"Two charges against AIG's Greenberg dropped". NBC News. Archived from the original on December 13, 2013. Retrieved July 11, 2011. <a href="https://www.nbcnews.com/id/wbna14704060" target="_blank">https://www.nbcnews.com/id/wbna14704060</a> <a href="#fnref:48" class="footnote-back-ref">↩</a></li>
<li id="fn:49">Zuill, Lilla (March 3, 2009). "AIG's meltdown has roots in Greenberg era". Reuters. Archived from the original on March 7, 2009. Retrieved July 11, 2011. <a href="https://www.reuters.com/article/ousiv/idUSTRE5222EV20090303" target="_blank">https://www.reuters.com/article/ousiv/idUSTRE5222EV20090303</a> <a href="#fnref:49" class="footnote-back-ref">↩</a></li>
<li id="fn:50">"AIG executive sentenced to 4 years in prison". The Seattle Times. Archived from the original on May 22, 2014. Retrieved May 22, 2014. <a href="http://seattletimes.com/html/businesstechnology/2008676239_apgenreaigtrial.html" target="_blank">http://seattletimes.com/html/businesstechnology/2008676239_apgenreaigtrial.html</a> <a href="#fnref:50" class="footnote-back-ref">↩</a></li>
<li id="fn:51">"AIG Nears Completion of Internal Review; Will Restate Results Provides Update on Internal Review and Timing". Archived from the original on June 4, 2017. Retrieved August 27, 2017. <a href="https://www.sec.gov/Archives/edgar/data/5272/000095012305005362/y08505exv99w1.txt" target="_blank">https://www.sec.gov/Archives/edgar/data/5272/000095012305005362/y08505exv99w1.txt</a> <a href="#fnref:51" class="footnote-back-ref">↩</a></li>
<li id="fn:52">"AIG to Again Restates Previous Results". Archived from the original on November 5, 2013. <a href="https://web.archive.org/web/20131105225406/http://www.highbeam.com/doc/1P1-115058504.html" target="_blank">https://web.archive.org/web/20131105225406/http://www.highbeam.com/doc/1P1-115058504.html</a> <a href="#fnref:52" class="footnote-back-ref">↩</a></li>
<li id="fn:53">Andrews, Edmund L.; de la Merced, Michael J.; Williams Walsh, Mary (September 16, 2008). "Fed's $85 billion Loan Rescues Insurer". The New York Times. Archived from the original on April 30, 2011. Retrieved September 17, 2008. <a href="https://www.nytimes.com/2008/09/17/business/17insure.html" target="_blank">https://www.nytimes.com/2008/09/17/business/17insure.html</a> <a href="#fnref:53" class="footnote-back-ref">↩</a></li>
<li id="fn:54">Maurice R. Greenberg and Lawrence A. Cunningham, The AIG Story (2013) <a href="#fnref:54" class="footnote-back-ref">↩</a></li>
<li id="fn:55">"AIG buys 21st Century Insurance". Los Angeles Times. September 28, 2007. Archived from the original on March 5, 2016. Retrieved February 21, 2020. <a href="https://www.latimes.com/archives/la-xpm-2007-sep-28-fi-aig28-story.html" target="_blank">https://www.latimes.com/archives/la-xpm-2007-sep-28-fi-aig28-story.html</a> <a href="#fnref:55" class="footnote-back-ref">↩</a></li>
<li id="fn:56">"AIG rebrand US auto insurance unit 21st Century Insurance, and cut jobs". November 26, 2008. Archived from the original on December 20, 2008. Retrieved December 3, 2008. <a href="https://web.archive.org/web/20081220061735/http://www.tradingmarkets.com/.site/news/Stock%20News/2053392/" target="_blank">https://web.archive.org/web/20081220061735/http://www.tradingmarkets.com/.site/news/Stock%20News/2053392/</a> <a href="#fnref:56" class="footnote-back-ref">↩</a></li>
<li id="fn:57">"AIG renaming auto insurance division, cutting jobs". November 26, 2008. Archived from the original on February 17, 2019. Retrieved December 3, 2008. <a href="https://web.archive.org/web/20190217030458/http://www.ifawebnews.com/articles/2008/11/26/news/property/doc492c16082e4df440597990.txt" target="_blank">https://web.archive.org/web/20190217030458/http://www.ifawebnews.com/articles/2008/11/26/news/property/doc492c16082e4df440597990.txt</a> <a href="#fnref:57" class="footnote-back-ref">↩</a></li>
<li id="fn:58">"AIG Investors Seek Ouster of Chief Executive Sullivan". Bloomberg News. June 11, 2008. Archived from the original on July 16, 2023. Retrieved July 21, 2008. <a href="https://www.bloomberg.com/apps/news?pid=20601103&sid=asOzAMceAsiY" target="_blank">https://www.bloomberg.com/apps/news?pid=20601103&sid=asOzAMceAsiY</a> <a href="#fnref:58" class="footnote-back-ref">↩</a></li>
<li id="fn:59">Zuill, Lilla (December 30, 2008). "Former AIG CEO Willumstad foregoes some stock awards". New York: Thomson Reuters. Archived from the original on September 11, 2020. Retrieved March 18, 2009. <a href="https://www.reuters.com/article/ousivMolt/idUSTRE4BT5CL20081230" target="_blank">https://www.reuters.com/article/ousivMolt/idUSTRE4BT5CL20081230</a> <a href="#fnref:59" class="footnote-back-ref">↩</a></li>
<li id="fn:60">Dennis, Brady (August 3, 2009). "The Washington Post, "AIG Names Robert Benmosche New President and CEO"". The Washington Post. Archived from the original on November 11, 2012. Retrieved July 11, 2011. <a href="https://www.washingtonpost.com/wp-dyn/content/article/2009/08/03/AR2009080302562.html" target="_blank">https://www.washingtonpost.com/wp-dyn/content/article/2009/08/03/AR2009080302562.html</a> <a href="#fnref:60" class="footnote-back-ref">↩</a></li>
<li id="fn:61">On The Brink, Henry M. Paulson, Jr., 2010, p. 233,"Tuesday, September 16, 2008 . . . Peer Steinbrück, the German finance minister, called to say that it was unthinkable AIG could go down. Christine Lagarde, the French finance minister, echoed his view: everyone was exposed to AIG, and its failure would be catastrophic." Archived July 16, 2023, at the Wayback Machine <a href="https://books.google.com/books?id=OB5Ne0JlQWIC&pg=PT81&q=%22Peer%20Steinbr%C3%BCck%2C%20the%20German%20finance%20minister%2C%20called%20to%20say%20that%20it%20was%20unthinkable%20AIG%20could%20go%20down.%20Christine%20Lagarde%2C%20the%20French%20finance%20minister%2C%20echoed%20his%20view%3A%20everyone%20was%20exposed%20to%20AIG%2C%20and%20its%20failure%20would%20be%20catastrophic.%22" target="_blank">https://books.google.com/books?id=OB5Ne0JlQWIC&pg=PT81&q=%22Peer%20Steinbr%C3%BCck%2C%20the%20German%20finance%20minister%2C%20called%20to%20say%20that%20it%20was%20unthinkable%20AIG%20could%20go%20down.%20Christine%20Lagarde%2C%20the%20French%20finance%20minister%2C%20echoed%20his%20view%3A%20everyone%20was%20exposed%20to%20AIG%2C%20and%20its%20failure%20would%20be%20catastrophic.%22</a> <a href="#fnref:61" class="footnote-back-ref">↩</a></li>
<li id="fn:62">Greider, William (August 6, 2010). "The AIG Bailout Scandal". The Nation. ISSN 0027-8378. Archived from the original on December 21, 2019. Retrieved November 24, 2019. <a href="https://web.archive.org/web/20191221145245/https://www.thenation.com/article/aig-bailout-scandal/" target="_blank">https://web.archive.org/web/20191221145245/https://www.thenation.com/article/aig-bailout-scandal/</a> <a href="#fnref:62" class="footnote-back-ref">↩</a></li>
<li id="fn:63">Phil Angelides (2011). Financial Crisis Inquiry Report. DIANE Publishing. p. 352. ISBN 9781437980721. Archived from the original on July 16, 2023. Retrieved March 25, 2016. <a href="9781437980721" target="_blank">9781437980721</a> <a href="#fnref:63" class="footnote-back-ref">↩</a></li>
<li id="fn:64">Rosenberg, Jerry M. (2012). The Concise Encyclopedia of The Great Recession 2007–2012. Scarecrow Press. p. 244. ISBN 9780810883406. <a href="9780810883406" target="_blank">9780810883406</a> <a href="#fnref:64" class="footnote-back-ref">↩</a></li>
<li id="fn:65">Asli Yüksel Mermod; Samuel O. Idowu (2013). Corporate Social Responsibility in the Global Business World. Springer. p. 127. ISBN 9783642376207. <a href="9783642376207" target="_blank">9783642376207</a> <a href="#fnref:65" class="footnote-back-ref">↩</a></li>
<li id="fn:66">Why the Fed pulled the trigger on AIG: What did the government get for its $85 billion? Time to try to unwind a company with $1 trillion in assets. Archived January 11, 2020, at the Wayback Machine CNN Money, Tami Luhby, Sept. 17, 2008. <a href="https://money.cnn.com/2008/09/17/news/companies/aig_explainer/index.htm" target="_blank">https://money.cnn.com/2008/09/17/news/companies/aig_explainer/index.htm</a> <a href="#fnref:66" class="footnote-back-ref">↩</a></li>
<li id="fn:67">Morgenson, Gretchen (September 29, 2008). "Behind Insurer's Crisis, Blind Eye to a Web of Risk". The New York Times. Archived from the original on August 15, 2021. Retrieved September 29, 2008. <a href="https://www.nytimes.com/2008/09/28/business/28melt.html" target="_blank">https://www.nytimes.com/2008/09/28/business/28melt.html</a> <a href="#fnref:67" class="footnote-back-ref">↩</a></li>
<li id="fn:68">Ng, Serena, and Mollenkamp, Carrick "Goldman Fueled AIG's Gambles Archived August 25, 2017, at the Wayback Machine", The Wall Street Journal, December 12, 2009 <a href="https://www.wsj.com/articles/SB10001424052748704201404574590453176996032" target="_blank">https://www.wsj.com/articles/SB10001424052748704201404574590453176996032</a> <a href="#fnref:68" class="footnote-back-ref">↩</a></li>
<li id="fn:69">Morgenson, Gretchen (September 29, 2008). "Behind Insurer's Crisis, Blind Eye to a Web of Risk". The New York Times. Archived from the original on August 15, 2021. Retrieved September 29, 2008. <a href="https://www.nytimes.com/2008/09/28/business/28melt.html" target="_blank">https://www.nytimes.com/2008/09/28/business/28melt.html</a> <a href="#fnref:69" class="footnote-back-ref">↩</a></li>
<li id="fn:70">Pittman, Mark (September 29, 2008). "Goldman, Merrill Collect Billions After Fed's AIG Bailout Loans". Bloomberg News. Archived from the original on February 25, 2012. Retrieved October 12, 2008. <a href="https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aTzTYtlNHSG8" target="_blank">https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aTzTYtlNHSG8</a> <a href="#fnref:70" class="footnote-back-ref">↩</a></li>
<li id="fn:71">Andrews, Edmund L (September 16, 2008). "Fed's $85 billion Loan Rescues Insurer". The New York Times. Archived from the original on April 30, 2011. Retrieved September 28, 2008. <a href="https://www.nytimes.com/2008/09/17/business/17insure.html" target="_blank">https://www.nytimes.com/2008/09/17/business/17insure.html</a> <a href="#fnref:71" class="footnote-back-ref">↩</a></li>
<li id="fn:72">"Federal Reserve Board, with full support of the Treasury Department, authorizes the Federal Reserve Bank of New York to lend up to $85 billion to the American International Group (AIG)". United States Federal Reserve Board of Governors. Archived from the original on September 25, 2008. Retrieved September 16, 2008. <a href="https://www.federalreserve.gov/newsevents/press/other/20080916a.htm" target="_blank">https://www.federalreserve.gov/newsevents/press/other/20080916a.htm</a> <a href="#fnref:72" class="footnote-back-ref">↩</a></li>
<li id="fn:73">Schmidt, Krista (April 15, 2009). "History of U.S. Gov't Bailouts". Pro Publica. Archived from the original on December 27, 2014. Retrieved December 28, 2014. <a href="https://web.archive.org/web/20141227155510/http://www.propublica.org/special/government-bailouts" target="_blank">https://web.archive.org/web/20141227155510/http://www.propublica.org/special/government-bailouts</a> <a href="#fnref:73" class="footnote-back-ref">↩</a></li>
<li id="fn:74">Stein, Jerome (2012). "AIG in the Crisis". Stochastic Optimal Control and the U.S. Financial Debt Crisis. Springer Science & Business Media. p. 99. ISBN 9781461430797. Archived from the original on July 16, 2023. Retrieved December 29, 2014. The AIG liquidity crisis led to the largest government bailout of a private company in US history, totaling $182 billion. <a href="9781461430797" target="_blank">9781461430797</a> <a href="#fnref:74" class="footnote-back-ref">↩</a></li>
<li id="fn:75">Savage, David G. (March 22, 2009). "AIG bonuses total more than the reported $165 million". Los Angeles Times. Archived from the original on June 22, 2020. Retrieved June 19, 2020. <a href="https://www.latimes.com/archives/la-xpm-2009-mar-22-na-aig-more-bonuses22-story.html" target="_blank">https://www.latimes.com/archives/la-xpm-2009-mar-22-na-aig-more-bonuses22-story.html</a> <a href="#fnref:75" class="footnote-back-ref">↩</a></li>
<li id="fn:76">"U.S. Senate vote on Emergency Economic Stabilization Act of 2008". Senate.gov. June 29, 2011. Archived from the original on May 29, 2020. Retrieved July 11, 2011. <a href="https://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=110&session=2&vote=00213" target="_blank">https://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=110&session=2&vote=00213</a> <a href="#fnref:76" class="footnote-back-ref">↩</a></li>
<li id="fn:77">"Obama tries to stop AIG bonuses: 'How do they justify this outrage?' - CNN.com". CNN. Archived from the original on June 23, 2017. Retrieved April 17, 2017. <a href="http://www.cnn.com/2009/POLITICS/03/16/AIG.bonuses/" target="_blank">http://www.cnn.com/2009/POLITICS/03/16/AIG.bonuses/</a> <a href="#fnref:77" class="footnote-back-ref">↩</a></li>
<li id="fn:78">Bansal, Paritosh (February 24, 2009). "AIG may rethink asset sales in tough markets". Reuters UK. Archived from the original on February 28, 2009. Retrieved March 2, 2009. <a href="https://web.archive.org/web/20090228114450/http://uk.reuters.com/article/americasDealsNews/idUKTRE51N6DW20090224" target="_blank">https://web.archive.org/web/20090228114450/http://uk.reuters.com/article/americasDealsNews/idUKTRE51N6DW20090224</a> <a href="#fnref:78" class="footnote-back-ref">↩</a></li>
<li id="fn:79">"AIG closes two transactions that reduce debt that IAG owes Federal Reserve Bank of New York by $25 billion". Archived from the original on April 15, 2016. Retrieved February 17, 2018. <a href="https://web.archive.org/web/20160415134312/http://ir.aigcorporate.com/phoenix.zhtml?c=76115&p=irol-newsArticle&ID=1360144&highlight=" target="_blank">https://web.archive.org/web/20160415134312/http://ir.aigcorporate.com/phoenix.zhtml?c=76115&p=irol-newsArticle&ID=1360144&highlight=</a> <a href="#fnref:79" class="footnote-back-ref">↩</a></li>
<li id="fn:80">Essen, Yvette (December 22, 2008). "Munich Re buys AIG's Hartford Steam Boiler for $742m". The Daily Telegraph. Archived from the original on January 12, 2022. <a href="https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3901571/Munich-Re-buys-AIGs-Hartford-Steam-Boiler-for-742m.html" target="_blank">https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/3901571/Munich-Re-buys-AIGs-Hartford-Steam-Boiler-for-742m.html</a> <a href="#fnref:80" class="footnote-back-ref">↩</a></li>
<li id="fn:81">"Munich Re concludes purchase of Hartford Steam Boiler" (PDF). Archived from the original (PDF) on October 4, 2011. Retrieved May 13, 2017. <a href="https://web.archive.org/web/20111004175417/http://www.hsb.com/cmsfiles/Munich_Re_Press_Rls_HSB_Close41200933752.pdf" target="_blank">https://web.archive.org/web/20111004175417/http://www.hsb.com/cmsfiles/Munich_Re_Press_Rls_HSB_Close41200933752.pdf</a> <a href="#fnref:81" class="footnote-back-ref">↩</a></li>
<li id="fn:82">Lifsher, Marc (April 17, 2009). "AIG selling 21st Century Insurance to Farmers Insurance". Los Angeles Times. Archived from the original on April 7, 2013. Retrieved February 6, 2013. <a href="https://www.latimes.com/archives/la-xpm-2009-apr-17-fi-aig-21st-century17-story.html" target="_blank">https://www.latimes.com/archives/la-xpm-2009-apr-17-fi-aig-21st-century17-story.html</a> <a href="#fnref:82" class="footnote-back-ref">↩</a></li>
<li id="fn:83">"AIG confirms sale of Transatlantic Re shares". postonline.co.uk. June 2009. Archived from the original on March 14, 2013. Retrieved July 13, 2012. <a href="http://www.postonline.co.uk/post/news/1271261/aig-confirms-sale-transatlantic-re-shares" target="_blank">http://www.postonline.co.uk/post/news/1271261/aig-confirms-sale-transatlantic-re-shares</a> <a href="#fnref:83" class="footnote-back-ref">↩</a></li>
<li id="fn:84">Carew, Rick (September 7, 2009). "Li Is Back In Game With AIG Purchase". The Wall Street Journal. Archived from the original on May 1, 2015. Retrieved July 11, 2011. <a href="https://www.wsj.com/articles/SB125226030606889371" target="_blank">https://www.wsj.com/articles/SB125226030606889371</a> <a href="#fnref:84" class="footnote-back-ref">↩</a></li>
<li id="fn:85">Ellis, Blake (March 8, 2010). "AIG in $15.5 billion unit sale to MetLife". CNNMoney. Archived from the original on December 16, 2013. Retrieved February 6, 2013. <a href="https://money.cnn.com/2010/03/08/news/companies/AIG_sells_Alico_MetLife/" target="_blank">https://money.cnn.com/2010/03/08/news/companies/AIG_sells_Alico_MetLife/</a> <a href="#fnref:85" class="footnote-back-ref">↩</a></li>
<li id="fn:86">Son, Hugh (March 29, 2010). "AIG Completes Sale of PineBridge Investments to Pacific Century". Bloomberg News. Archived from the original on July 16, 2023. Retrieved July 11, 2011. <a href="https://www.bloomberg.com/apps/news?pid=20601203&sid=ahXYCmtEBAJc" target="_blank">https://www.bloomberg.com/apps/news?pid=20601203&sid=ahXYCmtEBAJc</a> <a href="#fnref:86" class="footnote-back-ref">↩</a></li>
<li id="fn:87">"Update: American General Finance sold to Fortress Investment Group " Evansville Courier & Press". Courierpress.com. Archived from the original on March 3, 2014. Retrieved December 16, 2013. <a href="http://www.courierpress.com/news/2010/aug/11/80-percent-american-general-finance-sold-aig/" target="_blank">http://www.courierpress.com/news/2010/aug/11/80-percent-american-general-finance-sold-aig/</a> <a href="#fnref:87" class="footnote-back-ref">↩</a></li>
<li id="fn:88">"AIG to sell Star, Edison to Prudential". MarketWatch. Archived from the original on October 3, 2010. Retrieved July 11, 2011. <a href="http://www.marketwatch.com/story/aig-sells-star-edison-units-to-prudential-2010-09-30" target="_blank">http://www.marketwatch.com/story/aig-sells-star-edison-units-to-prudential-2010-09-30</a> <a href="#fnref:88" class="footnote-back-ref">↩</a></li>
<li id="fn:89">Bernard, Stephen (November 1, 2010). "AIG set to repay $37 billion in bailout money". The Washington Times. Archived from the original on December 24, 2013. Retrieved February 6, 2013. <a href="http://www.washingtontimes.com/news/2010/nov/1/aig-set-repay-37-billion-bailout-money/" target="_blank">http://www.washingtontimes.com/news/2010/nov/1/aig-set-repay-37-billion-bailout-money/</a> <a href="#fnref:89" class="footnote-back-ref">↩</a></li>
<li id="fn:90">Wassener, Bettina (January 12, 2011). "A.I.G. to Sell Taiwan Unit for $2.16 Billion". The New York Times. Archived from the original on September 1, 2012. Retrieved February 6, 2013. <a href="https://dealbook.nytimes.com/2011/01/12/a-i-g-to-sell-nan-shan-to-taiwan-group/" target="_blank">https://dealbook.nytimes.com/2011/01/12/a-i-g-to-sell-nan-shan-to-taiwan-group/</a> <a href="#fnref:90" class="footnote-back-ref">↩</a></li>
<li id="fn:91">"AIG Posts Loss on Writedowns Tied to AIA, Mortgage Declines". November 4, 2011. Archived from the original on November 4, 2011. <a href="https://web.archive.org/web/20111104222834/http://www.businessweek.com/news/2011-11-04/aig-posts-loss-on-writedowns-tied-to-aia-mortgage-declines.html" target="_blank">https://web.archive.org/web/20111104222834/http://www.businessweek.com/news/2011-11-04/aig-posts-loss-on-writedowns-tied-to-aia-mortgage-declines.html</a> <a href="#fnref:91" class="footnote-back-ref">↩</a></li>
<li id="fn:92">"Falling Giant: A Case Study of AIG". Archived from the original on November 14, 2017. Retrieved November 18, 2017. <a href="https://www.investopedia.com/articles/economics/09/american-investment-group-aig-bailout.asp" target="_blank">https://www.investopedia.com/articles/economics/09/american-investment-group-aig-bailout.asp</a> <a href="#fnref:92" class="footnote-back-ref">↩</a></li>
<li id="fn:93">Buhayar, Noah (May 7, 2012). "U.S. Treasury Sells $5.8 Billion of AIG Stock". Bloomberg L.P. Archived from the original on May 20, 2013. Retrieved February 6, 2013. <a href="https://www.bloomberg.com/news/2012-05-07/u-s-treasury-sells-5-billion-of-aig-stock.html" target="_blank">https://www.bloomberg.com/news/2012-05-07/u-s-treasury-sells-5-billion-of-aig-stock.html</a> <a href="#fnref:93" class="footnote-back-ref">↩</a></li>
<li id="fn:94">"AIG to sell $2 billion in AIA shares, repay US government". New York Post. September 6, 2012. Archived from the original on October 15, 2012. Retrieved February 6, 2013. <a href="http://www.nypost.com/p/news/business/aig_to_sell_billion_in_aia_shares_845luJvZD0xSexN1lfALyN" target="_blank">http://www.nypost.com/p/news/business/aig_to_sell_billion_in_aia_shares_845luJvZD0xSexN1lfALyN</a> <a href="#fnref:94" class="footnote-back-ref">↩</a></li>
<li id="fn:95">Tara LaCapra, Lauren (September 11, 2012). "Treasury sells big chunk of AIG stock at a profit". Reuters. Archived from the original on October 16, 2012. Retrieved February 6, 2013. <a href="https://www.reuters.com/article/us-aig-treasury-idUSBRE88A00F20120911" target="_blank">https://www.reuters.com/article/us-aig-treasury-idUSBRE88A00F20120911</a> <a href="#fnref:95" class="footnote-back-ref">↩</a></li>
<li id="fn:96">Baynes, Dan (October 12, 2012). "AIG Sponsors Jersey of Rugby World Champion All Blacks Team". Bloomberg L.P. Archived from the original on March 4, 2014. Retrieved February 27, 2014. <a href="https://www.bloomberg.com/news/2012-10-12/aig-becomes-jersey-sponsor-of-rugby-world-champion-all-blacks.html" target="_blank">https://www.bloomberg.com/news/2012-10-12/aig-becomes-jersey-sponsor-of-rugby-world-champion-all-blacks.html</a> <a href="#fnref:96" class="footnote-back-ref">↩</a></li>
<li id="fn:97">"Investment in AIG". US Department of Treasury. Archived from the original on March 3, 2013. Retrieved February 5, 2013. <a href="http://www.treasury.gov/initiatives/financial-stability/TARP-Programs/aig/Pages/status.aspx" target="_blank">http://www.treasury.gov/initiatives/financial-stability/TARP-Programs/aig/Pages/status.aspx</a> <a href="#fnref:97" class="footnote-back-ref">↩</a></li>
<li id="fn:98">"Treasury Sells Final Shares of AIG Common Stock, Positive Return on Overall AIG Commitment Reaches $22.7 Billion". Department of Treasury. Archived from the original on February 22, 2013. Retrieved February 6, 2013. <a href="http://www.treasury.gov/press-center/press-releases/Pages/tg1796.aspx" target="_blank">http://www.treasury.gov/press-center/press-releases/Pages/tg1796.aspx</a> <a href="#fnref:98" class="footnote-back-ref">↩</a></li>
<li id="fn:99">"AIG Chief Is Being Treated for Cancer". The Wall Street Journal. October 26, 2010. Archived from the original on March 28, 2018. Retrieved March 20, 2018. <a href="https://www.wsj.com/articles/SB10001424052702303467004575574703836744636" target="_blank">https://www.wsj.com/articles/SB10001424052702303467004575574703836744636</a> <a href="#fnref:99" class="footnote-back-ref">↩</a></li>
<li id="fn:100">"Charlie Rose Talks to AIG Chief Robert Benmosche". Bloomberg News. Bloomberg L.P. December 14, 2012. Archived from the original on December 16, 2012. Retrieved March 20, 2018. <a href="https://web.archive.org/web/20121216173802/http://www.businessweek.com/articles/2012-12-13/charlie-rose-talks-to-aig-chief-robert-benmosche" target="_blank">https://web.archive.org/web/20121216173802/http://www.businessweek.com/articles/2012-12-13/charlie-rose-talks-to-aig-chief-robert-benmosche</a> <a href="#fnref:100" class="footnote-back-ref">↩</a></li>
<li id="fn:101">Irwin, Neil (December 31, 2012). "AIG to America: Thanks, guys!". The Washington Post. Archived from the original on February 26, 2013. Retrieved June 4, 2013. <a href="https://www.washingtonpost.com/blogs/wonkblog/wp/2012/12/31/aig-to-america-thanks-guys/" target="_blank">https://www.washingtonpost.com/blogs/wonkblog/wp/2012/12/31/aig-to-america-thanks-guys/</a> <a href="#fnref:101" class="footnote-back-ref">↩</a></li>
<li id="fn:102">Russolillo, Steven (June 10, 2014). "Meet Peter Hancock, AIG's New CEO". The Wall Street Journal. Archived from the original on April 4, 2018. Retrieved March 20, 2018. <a href="https://blogs.wsj.com/moneybeat/2014/06/10/meet-peter-hancock-aigs-new-ceo/" target="_blank">https://blogs.wsj.com/moneybeat/2014/06/10/meet-peter-hancock-aigs-new-ceo/</a> <a href="#fnref:102" class="footnote-back-ref">↩</a></li>
<li id="fn:103">Russolillo, Steven (June 10, 2014). "Meet Peter Hancock, AIG's New CEO". The Wall Street Journal. Archived from the original on April 4, 2018. Retrieved March 20, 2018. <a href="https://blogs.wsj.com/moneybeat/2014/06/10/meet-peter-hancock-aigs-new-ceo/" target="_blank">https://blogs.wsj.com/moneybeat/2014/06/10/meet-peter-hancock-aigs-new-ceo/</a> <a href="#fnref:103" class="footnote-back-ref">↩</a></li>
<li id="fn:104">Kandell, Jonathan (February 27, 2015). "Robert Benmosche, Rescuer of A.I.G. After Bailout, Dies at 70". The New York Times. Archived from the original on May 27, 2018. Retrieved March 20, 2018. <a href="https://www.nytimes.com/2015/02/28/business/dealbook/robert-benmosche-ex-metlife-chief-who-rescued-aig-dies-at-70.html" target="_blank">https://www.nytimes.com/2015/02/28/business/dealbook/robert-benmosche-ex-metlife-chief-who-rescued-aig-dies-at-70.html</a> <a href="#fnref:104" class="footnote-back-ref">↩</a></li>
<li id="fn:105">Emily Chan (June 11, 2015). "Nan Shan Life to buy part of AIG's Taiwan unit for $158 mln". Reuters. Archived from the original on March 11, 2016. Retrieved June 11, 2015. <a href="https://www.reuters.com/article/taiwan-insurance-idUSL3N0YX36720150611" target="_blank">https://www.reuters.com/article/taiwan-insurance-idUSL3N0YX36720150611</a> <a href="#fnref:105" class="footnote-back-ref">↩</a></li>
<li id="fn:106">Nasr, Reem (November 23, 2015). "Carl Icahn turns up the pressure on AIG". CNBC. Archived from the original on April 4, 2018. Retrieved March 20, 2018. <a href="https://www.cnbc.com/2015/11/23/carl-icahn-letter-aig-should-be-broken-up-it-is-too-big-to-succeed.html" target="_blank">https://www.cnbc.com/2015/11/23/carl-icahn-letter-aig-should-be-broken-up-it-is-too-big-to-succeed.html</a> <a href="#fnref:106" class="footnote-back-ref">↩</a></li>
<li id="fn:107">"Corporate giant AIG to begin spinoff of Greensboro's United Guaranty". News & Record. January 26, 2016. Archived from the original on January 23, 2020. Retrieved February 24, 2016. <a href="https://www.greensboro.com/business/local_business/corporate-giant-aig-to-begin-spinoff-of-greensboro-s-united/article_bda0eb0e-13cd-5d25-8b75-c6ad20e92c33.html" target="_blank">https://www.greensboro.com/business/local_business/corporate-giant-aig-to-begin-spinoff-of-greensboro-s-united/article_bda0eb0e-13cd-5d25-8b75-c6ad20e92c33.html</a> <a href="#fnref:107" class="footnote-back-ref">↩</a></li>
<li id="fn:108">Basak, Sonali (March 10, 2017). "How AIG CEO Hancock Ended Up on Way Out". Insurance Journal. Archived from the original on April 4, 2018. Retrieved March 20, 2018. <a href="https://www.insurancejournal.com/news/national/2017/03/10/444115.htm" target="_blank">https://www.insurancejournal.com/news/national/2017/03/10/444115.htm</a> <a href="#fnref:108" class="footnote-back-ref">↩</a></li>
<li id="fn:109">Basak, Sonali (April 26, 2016). "AIG to Join Two Sigma, Duperreault in Technology Venture". Bloomberg L.P. Archived from the original on April 30, 2016. Retrieved May 7, 2016. <a href="https://www.bloomberg.com/news/articles/2016-04-26/aig-to-join-with-two-sigma-in-tech-driven-insurance-venture" target="_blank">https://www.bloomberg.com/news/articles/2016-04-26/aig-to-join-with-two-sigma-in-tech-driven-insurance-venture</a> <a href="#fnref:109" class="footnote-back-ref">↩</a></li>
<li id="fn:110">Scism, Leslie; Lublin, Joann S. (August 16, 2016). "AIG Reaches Deal to Sell Mortgage-Insurance Unit to Arch Capital for About $3.4 Billion". The Wall Street Journal. ISSN 0099-9660. Archived from the original on August 17, 2016. Retrieved August 18, 2016. <a href="https://www.wsj.com/articles/aig-nears-deal-to-sell-mortgage-insurance-unit-to-arch-capital-for-about-3-4-billion-1471280311" target="_blank">https://www.wsj.com/articles/aig-nears-deal-to-sell-mortgage-insurance-unit-to-arch-capital-for-about-3-4-billion-1471280311</a> <a href="#fnref:110" class="footnote-back-ref">↩</a></li>
<li id="fn:111">Scism, Leslie (September 25, 2017). "AIG Retools Operating Structure Following Pledge From CEO". The Wall Street Journal. Archived from the original on September 29, 2017. Retrieved September 25, 2017. <a href="https://www.wsj.com/articles/aig-retools-operating-structure-following-pledge-from-ceo-1506342939" target="_blank">https://www.wsj.com/articles/aig-retools-operating-structure-following-pledge-from-ceo-1506342939</a> <a href="#fnref:111" class="footnote-back-ref">↩</a></li>
<li id="fn:112">Bray, Chad (May 15, 2017). "'I Am Here to Grow A.I.G.,' its New C.E.O., Brian Duperreault, Pledges". The New York Times. Archived from the original on November 12, 2020. Retrieved August 27, 2020. <a href="https://www.nytimes.com/2017/05/15/business/dealbook/aig-brian-duperreault-ceo.html" target="_blank">https://www.nytimes.com/2017/05/15/business/dealbook/aig-brian-duperreault-ceo.html</a> <a href="#fnref:112" class="footnote-back-ref">↩</a></li>
<li id="fn:113">"New AIG CEO Brian Duperreault Says He Won't Break up the Company". The Wall Street Journal. May 15, 2017. Archived from the original on August 18, 2020. Retrieved August 27, 2020. <a href="https://www.wsj.com/articles/aig-names-brian-duperreault-as-ceo-1494847979" target="_blank">https://www.wsj.com/articles/aig-names-brian-duperreault-as-ceo-1494847979</a> <a href="#fnref:113" class="footnote-back-ref">↩</a></li>
<li id="fn:114">Bray, Chad (March 9, 2017). "A.I.G.'s Chief Executive to Resign After Turnaround Setback". The New York Times. Archived from the original on April 14, 2021. Retrieved August 27, 2020. <a href="https://www.nytimes.com/2017/03/09/business/dealbook/aigs-chief-executive-to-resign-after-turnaround-setback.html" target="_blank">https://www.nytimes.com/2017/03/09/business/dealbook/aigs-chief-executive-to-resign-after-turnaround-setback.html</a> <a href="#fnref:114" class="footnote-back-ref">↩</a></li>
<li id="fn:115">Bray, Chad (May 15, 2017). "'I Am Here to Grow A.I.G.,' its New C.E.O., Brian Duperreault, Pledges". The New York Times. Archived from the original on November 12, 2020. Retrieved August 27, 2020. <a href="https://www.nytimes.com/2017/05/15/business/dealbook/aig-brian-duperreault-ceo.html" target="_blank">https://www.nytimes.com/2017/05/15/business/dealbook/aig-brian-duperreault-ceo.html</a> <a href="#fnref:115" class="footnote-back-ref">↩</a></li>
<li id="fn:116">"President and CEO Letter". Archived from the original on March 17, 2022. Retrieved August 27, 2020. <a href="https://web.archive.org/web/20220317060518/https://annual.aig.com/2017/president-and-ceo-letter" target="_blank">https://web.archive.org/web/20220317060518/https://annual.aig.com/2017/president-and-ceo-letter</a> <a href="#fnref:116" class="footnote-back-ref">↩</a></li>
<li id="fn:117">"New AIG CEO Brian Duperreault: 'I Didn't Come Here to Break the Company Up'". Archived from the original on November 18, 2020. Retrieved August 27, 2020. <a href="https://www.carriermanagement.com/news/2017/05/15/167182.htm" target="_blank">https://www.carriermanagement.com/news/2017/05/15/167182.htm</a> <a href="#fnref:117" class="footnote-back-ref">↩</a></li>
<li id="fn:118">"AIG to restructure into three new units, marking CEO's first big move". Reuters. Archived from the original on September 25, 2017. Retrieved January 30, 2018. <a href="https://www.reuters.com/article/us-aig-restructure/aig-to-restructure-into-three-new-units-marking-ceos-first-big-move-idUSKCN1C01ER" target="_blank">https://www.reuters.com/article/us-aig-restructure/aig-to-restructure-into-three-new-units-marking-ceos-first-big-move-idUSKCN1C01ER</a> <a href="#fnref:118" class="footnote-back-ref">↩</a></li>
<li id="fn:119">Simpson, Andrew G. (July 22, 2019). "AIG Names Ling Chief Human Resources Officer". Insurance Journal. Archived from the original on September 19, 2020. Retrieved August 27, 2020. <a href="https://www.insurancejournal.com/news/national/2019/07/22/533498.htm" target="_blank">https://www.insurancejournal.com/news/national/2019/07/22/533498.htm</a> <a href="#fnref:119" class="footnote-back-ref">↩</a></li>
<li id="fn:120">"AIG to restructure into three new units, marking CEO's first big move". Reuters. Archived from the original on September 25, 2017. Retrieved January 30, 2018. <a href="https://www.reuters.com/article/us-aig-restructure/aig-to-restructure-into-three-new-units-marking-ceos-first-big-move-idUSKCN1C01ER" target="_blank">https://www.reuters.com/article/us-aig-restructure/aig-to-restructure-into-three-new-units-marking-ceos-first-big-move-idUSKCN1C01ER</a> <a href="#fnref:120" class="footnote-back-ref">↩</a></li>
<li id="fn:121">"After its near-death, AIG CEO plots revival by returning to basics". Reuters. Archived from the original on November 9, 2020. Retrieved August 27, 2020. <a href="https://www.reuters.com/article/us-financial-crisis2008-aig/after-its-near-death-aig-ceo-plots-revival-by-returning-to-basics-idUSKCN1LQ15Y" target="_blank">https://www.reuters.com/article/us-financial-crisis2008-aig/after-its-near-death-aig-ceo-plots-revival-by-returning-to-basics-idUSKCN1LQ15Y</a> <a href="#fnref:121" class="footnote-back-ref">↩</a></li>
<li id="fn:122">"AIG to restructure into three new units, marking CEO's first big move". Reuters. Archived from the original on September 25, 2017. Retrieved January 30, 2018. <a href="https://www.reuters.com/article/us-aig-restructure/aig-to-restructure-into-three-new-units-marking-ceos-first-big-move-idUSKCN1C01ER" target="_blank">https://www.reuters.com/article/us-aig-restructure/aig-to-restructure-into-three-new-units-marking-ceos-first-big-move-idUSKCN1C01ER</a> <a href="#fnref:122" class="footnote-back-ref">↩</a></li>
<li id="fn:123">"AIG CEO Duperreault Has Hired or Promoted at Least 13 Senior Execs in First Year". Archived from the original on January 18, 2021. Retrieved August 27, 2020. <a href="https://www.carriermanagement.com/news/2018/04/01/177288.htm" target="_blank">https://www.carriermanagement.com/news/2018/04/01/177288.htm</a> <a href="#fnref:123" class="footnote-back-ref">↩</a></li>
<li id="fn:124">Scism, Leslie (December 18, 2019). "AIG Promotes Senior Executive Zaffino to Additional Title as President". The Wall Street Journal. Archived from the original on April 14, 2021. Retrieved August 27, 2020. <a href="https://www.wsj.com/articles/aig-promotes-senior-executive-zaffino-to-additional-title-as-president-11576671385?cx_testId=3&cx_testVariant=cx_2&cx_artPos=0#cxrecs_s" target="_blank">https://www.wsj.com/articles/aig-promotes-senior-executive-zaffino-to-additional-title-as-president-11576671385?cx_testId=3&cx_testVariant=cx_2&cx_artPos=0#cxrecs_s</a> <a href="#fnref:124" class="footnote-back-ref">↩</a></li>
<li id="fn:125">"AIG names COO Peter Zaffino as president". Reuters. Archived from the original on August 1, 2020. Retrieved August 27, 2020. <a href="https://www.reuters.com/article/us-aig-president/aig-names-coo-peter-zaffino-as-president-idUSKBN1YM1DW" target="_blank">https://www.reuters.com/article/us-aig-president/aig-names-coo-peter-zaffino-as-president-idUSKBN1YM1DW</a> <a href="#fnref:125" class="footnote-back-ref">↩</a></li>
<li id="fn:126">"Form 8-K". Sec.gov. Archived from the original on April 14, 2021. Retrieved March 16, 2022. <a href="https://www.sec.gov/Archives/edgar/data/5272/000119312518016778/d512375d8k.htm" target="_blank">https://www.sec.gov/Archives/edgar/data/5272/000119312518016778/d512375d8k.htm</a> <a href="#fnref:126" class="footnote-back-ref">↩</a></li>
<li id="fn:127">Barlyn, Suzanne; Singh, Sweta (2017). "AIG to restructure into three new units, marking CEO's first big move". Reuters. Archived from the original on September 25, 2017. Retrieved September 25, 2017. <a href="https://www.reuters.com/article/us-aig-restructure/aig-to-restructure-into-three-new-units-marking-ceos-first-big-move-idUSKCN1C01ER" target="_blank">https://www.reuters.com/article/us-aig-restructure/aig-to-restructure-into-three-new-units-marking-ceos-first-big-move-idUSKCN1C01ER</a> <a href="#fnref:127" class="footnote-back-ref">↩</a></li>
<li id="fn:128">"AIG Sheds Too-Big-to-Fail Label in Victory for CEO, Icahn". Bloomberg News. September 29, 2017. Archived from the original on April 14, 2021. Retrieved August 27, 2020. <a href="https://www.bloomberg.com/news/articles/2017-09-29/aig-sheds-too-big-to-fail-label-in-victory-for-ceo-carl-icahn" target="_blank">https://www.bloomberg.com/news/articles/2017-09-29/aig-sheds-too-big-to-fail-label-in-victory-for-ceo-carl-icahn</a> <a href="#fnref:128" class="footnote-back-ref">↩</a></li>
<li id="fn:129">"After its near-death, AIG CEO plots revival by returning to basics". Reuters. Archived from the original on November 9, 2020. Retrieved August 27, 2020. <a href="https://www.reuters.com/article/us-financial-crisis2008-aig/after-its-near-death-aig-ceo-plots-revival-by-returning-to-basics-idUSKCN1LQ15Y" target="_blank">https://www.reuters.com/article/us-financial-crisis2008-aig/after-its-near-death-aig-ceo-plots-revival-by-returning-to-basics-idUSKCN1LQ15Y</a> <a href="#fnref:129" class="footnote-back-ref">↩</a></li>
<li id="fn:130">"President and CEO Letter". Archived from the original on March 17, 2022. Retrieved August 27, 2020. <a href="https://web.archive.org/web/20220317060518/https://annual.aig.com/2017/president-and-ceo-letter" target="_blank">https://web.archive.org/web/20220317060518/https://annual.aig.com/2017/president-and-ceo-letter</a> <a href="#fnref:130" class="footnote-back-ref">↩</a></li>
<li id="fn:131">"AIG's 2018 Annual Report: CEO Letter to Shareholders". Archived from the original on April 14, 2021. Retrieved August 27, 2020. <a href="https://web.archive.org/web/20210414100622/https://annual.aig.com/2018/president-and-ceo-letter" target="_blank">https://web.archive.org/web/20210414100622/https://annual.aig.com/2018/president-and-ceo-letter</a> <a href="#fnref:131" class="footnote-back-ref">↩</a></li>
<li id="fn:132">"AIG 100 2018 Annual Report" (PDF). p. 7. Archived from the original (PDF) on February 21, 2022. <a href="https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf" target="_blank">https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf</a> <a href="#fnref:132" class="footnote-back-ref">↩</a></li>
<li id="fn:133">Ralph, Oliver; Gray, Alistair (June 17, 2018). "AIG: The long struggle to repair its reputation". Financial Times. Archived from the original on December 10, 2022. <a href="https://ghostarchive.org/archive/20221210/https://www.ft.com/content/3b9f9384-634c-11e8-a39d-4df188287fff" target="_blank">https://ghostarchive.org/archive/20221210/https://www.ft.com/content/3b9f9384-634c-11e8-a39d-4df188287fff</a> <a href="#fnref:133" class="footnote-back-ref">↩</a></li>
<li id="fn:134">"AIG's Validus Deal Signals CEO Reversing Course on Retrenchment". Bloomberg News. January 22, 2018. Archived from the original on April 14, 2021. Retrieved August 27, 2020. <a href="https://www.bloomberg.com/news/articles/2018-01-22/aig-to-buy-bermuda-reinsurer-validus-for-5-56-billion-in-cash" target="_blank">https://www.bloomberg.com/news/articles/2018-01-22/aig-to-buy-bermuda-reinsurer-validus-for-5-56-billion-in-cash</a> <a href="#fnref:134" class="footnote-back-ref">↩</a></li>
<li id="fn:135">"After Validus, AIG CEO Duperreault Envisions Select, Strategic Acquisitions". Carrier Management. Archived from the original on January 20, 2021. Retrieved August 27, 2020. <a href="https://www.carriermanagement.com/news/2018/01/22/174817.htm" target="_blank">https://www.carriermanagement.com/news/2018/01/22/174817.htm</a> <a href="#fnref:135" class="footnote-back-ref">↩</a></li>
<li id="fn:136">Ralph, Oliver; Gray, Alistair (June 17, 2018). "AIG: The long struggle to repair its reputation". Financial Times. Archived from the original on December 10, 2022. <a href="https://ghostarchive.org/archive/20221210/https://www.ft.com/content/3b9f9384-634c-11e8-a39d-4df188287fff" target="_blank">https://ghostarchive.org/archive/20221210/https://www.ft.com/content/3b9f9384-634c-11e8-a39d-4df188287fff</a> <a href="#fnref:136" class="footnote-back-ref">↩</a></li>
<li id="fn:137">Gray, Alistair (June 20, 2018). "AIG scoops up UK life insurance business from Munich Re". Financial Times. Archived from the original on December 10, 2022. <a href="https://ghostarchive.org/archive/20221210/https://www.ft.com/content/20cade04-7483-11e8-aa31-31da4279a601" target="_blank">https://ghostarchive.org/archive/20221210/https://www.ft.com/content/20cade04-7483-11e8-aa31-31da4279a601</a> <a href="#fnref:137" class="footnote-back-ref">↩</a></li>
<li id="fn:138">"After its near-death, AIG CEO plots revival by returning to basics". Reuters. Archived from the original on November 9, 2020. Retrieved August 27, 2020. <a href="https://www.reuters.com/article/us-financial-crisis2008-aig/after-its-near-death-aig-ceo-plots-revival-by-returning-to-basics-idUSKCN1LQ15Y" target="_blank">https://www.reuters.com/article/us-financial-crisis2008-aig/after-its-near-death-aig-ceo-plots-revival-by-returning-to-basics-idUSKCN1LQ15Y</a> <a href="#fnref:138" class="footnote-back-ref">↩</a></li>
<li id="fn:139">"AIG, Carlyle Complete Deal Creating Run-Off Reinsurer, Fortitude Re". November 14, 2018. Archived from the original on September 24, 2020. Retrieved August 27, 2020. <a href="https://www.insurancejournal.com/news/national/2018/11/14/507502.htm" target="_blank">https://www.insurancejournal.com/news/national/2018/11/14/507502.htm</a> <a href="#fnref:139" class="footnote-back-ref">↩</a></li>
<li id="fn:140">"AIG to Sell Most of Fortitude Re to Carlyle, T&D Holdings for $1.8 Billion". November 26, 2019. Archived from the original on July 27, 2023. <a href="https://www.insurancejournal.com/news/international/2019/11/26/549587.html" target="_blank">https://www.insurancejournal.com/news/international/2019/11/26/549587.html</a> <a href="#fnref:140" class="footnote-back-ref">↩</a></li>
<li id="fn:141">"AIG names COO Peter Zaffino as president". Reuters. Archived from the original on August 1, 2020. Retrieved August 27, 2020. <a href="https://www.reuters.com/article/us-aig-president/aig-names-coo-peter-zaffino-as-president-idUSKBN1YM1DW" target="_blank">https://www.reuters.com/article/us-aig-president/aig-names-coo-peter-zaffino-as-president-idUSKBN1YM1DW</a> <a href="#fnref:141" class="footnote-back-ref">↩</a></li>
<li id="fn:142">"Duperreault still confident in AIG turnaround despite Q4 loss". Archived from the original on April 14, 2021. Retrieved August 27, 2020. <a href="https://www.businessinsurance.com/article/20190214/NEWS06/912326710/Duperreault-still-confident-in-AIG-turnaround-despite-2018-fourth-quarter-loss" target="_blank">https://www.businessinsurance.com/article/20190214/NEWS06/912326710/Duperreault-still-confident-in-AIG-turnaround-despite-2018-fourth-quarter-loss</a> <a href="#fnref:142" class="footnote-back-ref">↩</a></li>
<li id="fn:143">"AIG CEO Duperreault 'Encouraged' by Hardening Market, Plans Operational Overhaul". August 13, 2019. Archived from the original on August 11, 2020. Retrieved August 27, 2020. <a href="https://www.insurancejournal.com/news/national/2019/08/13/535634.htm" target="_blank">https://www.insurancejournal.com/news/national/2019/08/13/535634.htm</a> <a href="#fnref:143" class="footnote-back-ref">↩</a></li>
<li id="fn:144">"AIG profit beats on strong underwriting, investment income". Reuters. Archived from the original on August 1, 2020. Retrieved August 27, 2020. <a href="https://www.reuters.com/article/us-aig-results/aig-profit-beats-on-strong-underwriting-investment-income-idUSKCN1UX2CM" target="_blank">https://www.reuters.com/article/us-aig-results/aig-profit-beats-on-strong-underwriting-investment-income-idUSKCN1UX2CM</a> <a href="#fnref:144" class="footnote-back-ref">↩</a></li>
<li id="fn:145">"CEO Letter to Shareholders" (PDF). 2018. Archived from the original (PDF) on April 12, 2022. <a href="https://web.archive.org/web/20220412005340/https://annual.aig.com/ui/2018/docs/AIG-2018-CEO-Letter.pdf" target="_blank">https://web.archive.org/web/20220412005340/https://annual.aig.com/ui/2018/docs/AIG-2018-CEO-Letter.pdf</a> <a href="#fnref:145" class="footnote-back-ref">↩</a></li>
<li id="fn:146">"All Blacks to lose AIG as sponsor after 2021". January 14, 2020. Archived from the original on March 20, 2020. Retrieved March 20, 2020. <a href="https://www.sportspromedia.com/news/all-blacks-lose-aig-sponsorship-2021-new-zealand-rugby" target="_blank">https://www.sportspromedia.com/news/all-blacks-lose-aig-sponsorship-2021-new-zealand-rugby</a> <a href="#fnref:146" class="footnote-back-ref">↩</a></li>
<li id="fn:147">"Zaffino to Succeed Duperreault as CEO of AIG March 1". February 16, 2021. Archived from the original on February 17, 2021. Retrieved March 3, 2021. <a href="https://www.insurancejournal.com/news/national/2021/02/16/601321.htm" target="_blank">https://www.insurancejournal.com/news/national/2021/02/16/601321.htm</a> <a href="#fnref:147" class="footnote-back-ref">↩</a></li>
<li id="fn:148">"AIG names CEO Zaffino as chairman". Reuters. Retrieved October 3, 2023. <a href="https://www.reuters.com/business/aig-names-ceo-zaffino-chairman-2021-09-08/" target="_blank">https://www.reuters.com/business/aig-names-ceo-zaffino-chairman-2021-09-08/</a> <a href="#fnref:148" class="footnote-back-ref">↩</a></li>
<li id="fn:149">"AIG to sell life and retirement unit stake to Blackstone, another with IPO". Reuters. July 15, 2021. Archived from the original on March 8, 2022. Retrieved March 8, 2022. <a href="https://www.reuters.com/business/aig-sell-10-stake-life-retirement-business-blackstone-2021-07-14/" target="_blank">https://www.reuters.com/business/aig-sell-10-stake-life-retirement-business-blackstone-2021-07-14/</a> <a href="#fnref:149" class="footnote-back-ref">↩</a></li>
<li id="fn:150">Echo Wang (September 14, 2022). "AIG unit Corebridge raises $1.68 bln in year's largest IPO". Reuters. Retrieved October 10, 2023. <a href="https://www.reuters.com/business/aig-sell-10-stake-life-retirement-business-blackstone-2021-07-14/" target="_blank">https://www.reuters.com/business/aig-sell-10-stake-life-retirement-business-blackstone-2021-07-14/</a> <a href="#fnref:150" class="footnote-back-ref">↩</a></li>
<li id="fn:151">"Largest initial public offerings (IPOs) in the United States in 2022, by deal size". Statista. Retrieved March 8, 2022. <a href="https://www.statista.com/statistics/251168/largest-ipos-in-the-united-states/" target="_blank">https://www.statista.com/statistics/251168/largest-ipos-in-the-united-states/</a> <a href="#fnref:151" class="footnote-back-ref">↩</a></li>
<li id="fn:152">"AIG, Stone Point Capital to Form Independent MGA for High Net Worth Business". Insurance Journal. Retrieved October 10, 2023. <a href="https://www.insurancejournal.com/news/national/2023/02/14/707776.htm" target="_blank">https://www.insurancejournal.com/news/national/2023/02/14/707776.htm</a> <a href="#fnref:152" class="footnote-back-ref">↩</a></li>
<li id="fn:153">Luke Gallin. "AIG partners with Stone Point to launch high net worth MGA". Reinsurance News. Retrieved October 10, 2023. <a href="https://www.reinsurancene.ws/aig-partners-with-stone-point-to-launch-high-net-worth-mga/" target="_blank">https://www.reinsurancene.ws/aig-partners-with-stone-point-to-launch-high-net-worth-mga/</a> <a href="#fnref:153" class="footnote-back-ref">↩</a></li>
<li id="fn:154">"American Financial Group to Acquire Crop Risk Services From AIG for $240M". Insurance Journal. May 3, 2023. Retrieved October 10, 2023. <a href="https://www.insurancejournal.com/news/national/2023/05/03/719097.htm" target="_blank">https://www.insurancejournal.com/news/national/2023/05/03/719097.htm</a> <a href="#fnref:154" class="footnote-back-ref">↩</a></li>
<li id="fn:155">"Insurer RenaissanceRe to buy AIG unit Validus Re in near $3 bln deal". Reuters. May 22, 2023. Retrieved October 10, 2023. <a href="https://www.reuters.com/markets/deals/renaissancere-buy-validus-re-near-3-bln-deal-2023-05-22/" target="_blank">https://www.reuters.com/markets/deals/renaissancere-buy-validus-re-near-3-bln-deal-2023-05-22/</a> <a href="#fnref:155" class="footnote-back-ref">↩</a></li>
<li id="fn:156">"UK Watchdog Clears Aviva's £460M Takeover Of AIG Life". March 28, 2024. Retrieved April 5, 2024. <a href="https://law360.com/articles/1818567/uk-watchdog-clears-aviva-s-460m-takeover-of-aig-life/" target="_blank">https://law360.com/articles/1818567/uk-watchdog-clears-aviva-s-460m-takeover-of-aig-life/</a> <a href="#fnref:156" class="footnote-back-ref">↩</a></li>
<li id="fn:157">"ADBI Working Paper Series, Prudential Discipline for Financial Firms: Micro, Macro, and Market Structures" (PDF). adb.org. <a href="https://www.adb.org/sites/default/files/publication/156031/adbi-wp176.pdf" target="_blank">https://www.adb.org/sites/default/files/publication/156031/adbi-wp176.pdf</a> <a href="#fnref:157" class="footnote-back-ref">↩</a></li>
<li id="fn:158">"American International Group, Inc., Resolution Plan, Public Section" (PDF). fdic.gov. <a href="https://www.fdic.gov/resources/resolutions/resolution-authority/resplans/plans/aig-165-1512.pdf" target="_blank">https://www.fdic.gov/resources/resolutions/resolution-authority/resplans/plans/aig-165-1512.pdf</a> <a href="#fnref:158" class="footnote-back-ref">↩</a></li>
<li id="fn:159">"History of American General Life Companies". AIGAG.com. Archived from the original on July 7, 2011. Retrieved July 11, 2011. <a href="http://www.aigag.com/life/life.nsf/contents/aboutus_whyaigag_history" target="_blank">http://www.aigag.com/life/life.nsf/contents/aboutus_whyaigag_history</a> <a href="#fnref:159" class="footnote-back-ref">↩</a></li>
<li id="fn:160">"AIG 2012 Annual Report 10-K" (PDF). American International Group. Archived from the original (PDF) on July 13, 2013. Retrieved October 14, 2013. <a href="https://web.archive.org/web/20130713063915/http://www.aig.com/Chartis/internet/US/en/2012%20AIG%20Annual%20Report%20%28lower%29_tcm3171-484181.pdf" target="_blank">https://web.archive.org/web/20130713063915/http://www.aig.com/Chartis/internet/US/en/2012%20AIG%20Annual%20Report%20%28lower%29_tcm3171-484181.pdf</a> <a href="#fnref:160" class="footnote-back-ref">↩</a></li>
<li id="fn:161">"AIG 2012 Annual Report 10-K" (PDF). American International Group. Archived from the original (PDF) on July 13, 2013. Retrieved October 14, 2013. <a href="https://web.archive.org/web/20130713063915/http://www.aig.com/Chartis/internet/US/en/2012%20AIG%20Annual%20Report%20%28lower%29_tcm3171-484181.pdf" target="_blank">https://web.archive.org/web/20130713063915/http://www.aig.com/Chartis/internet/US/en/2012%20AIG%20Annual%20Report%20%28lower%29_tcm3171-484181.pdf</a> <a href="#fnref:161" class="footnote-back-ref">↩</a></li>
<li id="fn:162">Ng, Serena (June 28, 2012). "AIG Brand Revived". The Wall Street Journal. Archived from the original on December 18, 2015. Retrieved October 14, 2013. <a href="https://www.wsj.com/articles/SB10001424052702304830704577495092980975870" target="_blank">https://www.wsj.com/articles/SB10001424052702304830704577495092980975870</a> <a href="#fnref:162" class="footnote-back-ref">↩</a></li>
<li id="fn:163">Spencer, Jamie (March 8, 2021). "Man Utd in talks over new £70m a season shirt sponsor". 90min.com. Archived from the original on March 12, 2023. Retrieved March 12, 2023. <a href="https://www.90min.com/posts/man-utd-in-70m-a-season-talks-over-new-shirt-sponsor" target="_blank">https://www.90min.com/posts/man-utd-in-70m-a-season-talks-over-new-shirt-sponsor</a> <a href="#fnref:163" class="footnote-back-ref">↩</a></li>
<li id="fn:164">"AIG chooses Women's British Open for first title deal in golf" Archived July 7, 2020, at the Wayback Machine / Nov. 29, 2018 / Sports Business <a href="https://sponsorship.sportbusiness.com/news/aig-chooses-womens-british-open-for-first-title-deal-in-golf/?_ga=2.142736053.1891403634.1593905991-1710603840.1593905991" target="_blank">https://sponsorship.sportbusiness.com/news/aig-chooses-womens-british-open-for-first-title-deal-in-golf/?_ga=2.142736053.1891403634.1593905991-1710603840.1593905991</a> <a href="#fnref:164" class="footnote-back-ref">↩</a></li>
<li id="fn:165">"Women's Open drops 'British' from title in sponsorship rebrand". BBC Sport. July 22, 2020. Archived from the original on April 19, 2022. Retrieved April 19, 2022. <a href="https://www.bbc.com/sport/golf/53497474" target="_blank">https://www.bbc.com/sport/golf/53497474</a> <a href="#fnref:165" class="footnote-back-ref">↩</a></li>
<li id="fn:166">"AIG Women's Open becomes richest event in women's golf with $1.3 million purse increase". August 18, 2021.[permanent dead link] <a href="https://www.golfdigest.com/story/aig-womens-british-open-richest-womens-tournament-overall-prize-money-payou" target="_blank">https://www.golfdigest.com/story/aig-womens-british-open-richest-womens-tournament-overall-prize-money-payou</a> <a href="#fnref:166" class="footnote-back-ref">↩</a></li>
<li id="fn:167">"Women's Open payout: Anna Nordqvist collects $870k". golfchannel.com. Golf Channel. August 22, 2021. Archived from the original on May 17, 2023. Retrieved May 16, 2023. <a href="https://www.golfchannel.com/news/womens-open-payout-anna-nordqvist-collects-870k" target="_blank">https://www.golfchannel.com/news/womens-open-payout-anna-nordqvist-collects-870k</a> <a href="#fnref:167" class="footnote-back-ref">↩</a></li>
<li id="fn:168">"AIG Women's Open, record for prize money". www.tennisworldusa.org. Tennis World. August 23, 2021. Archived from the original on May 17, 2023. Retrieved May 16, 2023. <a href="https://www.tennisworldusa.org/other_news/golf/101422/aig-womens-open-record-for-prize-money/" target="_blank">https://www.tennisworldusa.org/other_news/golf/101422/aig-womens-open-record-for-prize-money/</a> <a href="#fnref:168" class="footnote-back-ref">↩</a></li>
<li id="fn:169">"Backed by AIG, Women's Open purse up 26% this year at Muirfield". golfchannel.com. Golf Channel. August 3, 2022. Archived from the original on May 17, 2023. Retrieved May 16, 2023. <a href="https://www.golfchannel.com/news/backed-aig-womens-open-purse-26-year-muirfield" target="_blank">https://www.golfchannel.com/news/backed-aig-womens-open-purse-26-year-muirfield</a> <a href="#fnref:169" class="footnote-back-ref">↩</a></li>
<li id="fn:170">"AIG Women's Open becomes latest women's major to increase prize money payouts to record levels". GolfDigest.com. Retrieved October 3, 2023. <a href="https://www.golfdigest.com/story/aig-womens-open-increases-prize-money-payout-for-2023-to-9-million-23-percent-jump-from-2022" target="_blank">https://www.golfdigest.com/story/aig-womens-open-increases-prize-money-payout-for-2023-to-9-million-23-percent-jump-from-2022</a> <a href="#fnref:170" class="footnote-back-ref">↩</a></li>
<li id="fn:171">"AIG 100 2018 Annual Report" (PDF). p. 142. Archived from the original (PDF) on February 21, 2022. <a href="https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf" target="_blank">https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf</a> <a href="#fnref:171" class="footnote-back-ref">↩</a></li>
<li id="fn:172">"AIG 100 2018 Annual Report" (PDF). p. 142. Archived from the original (PDF) on February 21, 2022. <a href="https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf" target="_blank">https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf</a> <a href="#fnref:172" class="footnote-back-ref">↩</a></li>
<li id="fn:173">"AIG 100 2018 Annual Report" (PDF). p. 142. Archived from the original (PDF) on February 21, 2022. <a href="https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf" target="_blank">https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf</a> <a href="#fnref:173" class="footnote-back-ref">↩</a></li>
<li id="fn:174">"AIG 100 2018 Annual Report" (PDF). p. 142. Archived from the original (PDF) on February 21, 2022. <a href="https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf" target="_blank">https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf</a> <a href="#fnref:174" class="footnote-back-ref">↩</a></li>
<li id="fn:175">"AIG 100 2018 Annual Report" (PDF). p. 142. Archived from the original (PDF) on February 21, 2022. <a href="https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf" target="_blank">https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf</a> <a href="#fnref:175" class="footnote-back-ref">↩</a></li>
<li id="fn:176">"2016 10-K" (PDF). AIG.com. p. 143. Archived from the original (PDF) on April 6, 2017. Retrieved March 3, 2017. <a href="https://web.archive.org/web/20170406111920/http://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/december-31-2016-10k.pdf" target="_blank">https://web.archive.org/web/20170406111920/http://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/december-31-2016-10k.pdf</a> <a href="#fnref:176" class="footnote-back-ref">↩</a></li>
<li id="fn:177">"AIG 100 2018 Annual Report" (PDF). p. 142. Archived from the original (PDF) on February 21, 2022. <a href="https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf" target="_blank">https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf</a> <a href="#fnref:177" class="footnote-back-ref">↩</a></li>
<li id="fn:178">"AIG 100 2018 Annual Report" (PDF). p. 142. Archived from the original (PDF) on February 21, 2022. <a href="https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf" target="_blank">https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf</a> <a href="#fnref:178" class="footnote-back-ref">↩</a></li>
<li id="fn:179">"AIG 100 2018 Annual Report" (PDF). p. 142. Archived from the original (PDF) on February 21, 2022. <a href="https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf" target="_blank">https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf</a> <a href="#fnref:179" class="footnote-back-ref">↩</a></li>
<li id="fn:180">"AIG 100 2018 Annual Report" (PDF). p. 142. Archived from the original (PDF) on February 21, 2022. <a href="https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf" target="_blank">https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf</a> <a href="#fnref:180" class="footnote-back-ref">↩</a></li>
<li id="fn:181">"AIG 100 2018 Annual Report" (PDF). p. 142. Archived from the original (PDF) on February 21, 2022. <a href="https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf" target="_blank">https://web.archive.org/web/20220221161124/https://www.aig.com/content/dam/aig/america-canada/us/documents/investor-relations/2019/aig-2018-annual-report.pdf</a> <a href="#fnref:181" class="footnote-back-ref">↩</a></li>
<li id="fn:182">Zeitlin, Matthew. "John Stewart to Former AIG Chief Hank Greenberg: "Go F*ck Yourself!"". Buzzfeed. Archived from the original on March 27, 2016. Retrieved February 5, 2016. <a href="https://www.buzzfeed.com/matthewzeitlin/jon-stewart-to-former-aig-chief-hank-greenberg-go-fck-yourse" target="_blank">https://www.buzzfeed.com/matthewzeitlin/jon-stewart-to-former-aig-chief-hank-greenberg-go-fck-yourse</a> <a href="#fnref:182" class="footnote-back-ref">↩</a></li>
<li id="fn:183">Bronson, Caitlin (June 17, 2015). "Former AIG chief wins $40bn case – but how much will he collect?". <a href="https://www.insurancebusinessmag.com/us/news/breaking-news/former-aig-chief-wins-40bn-case--but-how-much-will-he-collect-22905.aspx" target="_blank">https://www.insurancebusinessmag.com/us/news/breaking-news/former-aig-chief-wins-40bn-case--but-how-much-will-he-collect-22905.aspx</a> <a href="#fnref:183" class="footnote-back-ref">↩</a></li>
<li id="fn:184">Dayen, David (September 29, 2014). "Don't Laugh Off Hank Greenberg's Ridiculous AIG Lawsuit". The New Republic. <a href="https://newrepublic.com/article/119611/hank-greenbergs-aig-lawsuit-why-im-kinda-rooting-it" target="_blank">https://newrepublic.com/article/119611/hank-greenbergs-aig-lawsuit-why-im-kinda-rooting-it</a> <a href="#fnref:184" class="footnote-back-ref">↩</a></li>
<li id="fn:185">"As public fumes, AIG says will not sue US over bailout". Reuters. Archived from the original on February 17, 2013. Retrieved February 6, 2013. <a href="https://web.archive.org/web/20130217025557/https://www.cnbc.com/id/100367805" target="_blank">https://web.archive.org/web/20130217025557/https://www.cnbc.com/id/100367805</a> <a href="#fnref:185" class="footnote-back-ref">↩</a></li>
<li id="fn:186">Thompson, Mary (November 21, 2014). "Testimony to end, but AIG case far from over". CNBC. p. 1. Retrieved March 25, 2025.{{cite news}}: CS1 maint: url-status (link) <a href="https://www.cnbc.com/2014/11/20/testimony-to-end-but-aig-case-far-from-over.html" target="_blank">https://www.cnbc.com/2014/11/20/testimony-to-end-but-aig-case-far-from-over.html</a> <a href="#fnref:186" class="footnote-back-ref">↩</a></li>
<li id="fn:187">Scism, Leslie (September 29, 2014). "Trial in $40 Billion Lawsuit Against AIG Bailout Begins". Wall Street Journal. ISSN 0099-9660. Retrieved February 8, 2025. <a href="https://www.wsj.com/articles/BL-LB-49374" target="_blank">https://www.wsj.com/articles/BL-LB-49374</a> <a href="#fnref:187" class="footnote-back-ref">↩</a></li>
<li id="fn:188">Cassidy, John (September 30, 2014). "The A.I.G. Trial Is A Comedy". The New Yorker. ISSN 0028-792X. Retrieved February 8, 2025. <a href="https://www.newyorker.com/news/john-cassidy/aig-trial-comedy" target="_blank">https://www.newyorker.com/news/john-cassidy/aig-trial-comedy</a> <a href="#fnref:188" class="footnote-back-ref">↩</a></li>
<li id="fn:189">Kessler, Aaron M. (September 30, 2014). "A.I.G. Trial Witnesses Will Be Central Cast From 2008 Crisis". DealBook. Retrieved February 8, 2025. <a href="https://archive.nytimes.com/dealbook.nytimes.com/2014/09/29/a-i-g-trial-witnesses-will-be-central-cast-from-2008-crisis/" target="_blank">https://archive.nytimes.com/dealbook.nytimes.com/2014/09/29/a-i-g-trial-witnesses-will-be-central-cast-from-2008-crisis/</a> <a href="#fnref:189" class="footnote-back-ref">↩</a></li>
<li id="fn:190">Scism, Leslie. "Closing Arguments Loom in AIG Bailout Trial". The Wall Street Journal. Archived from the original on February 5, 2016. Retrieved February 5, 2016. <a href="https://blogs.wsj.com/law/2015/04/21/closing-arguments-loom-in-aig-bailout-trial/" target="_blank">https://blogs.wsj.com/law/2015/04/21/closing-arguments-loom-in-aig-bailout-trial/</a> <a href="#fnref:190" class="footnote-back-ref">↩</a></li>
<li id="fn:191">"AIG Lawsuit Presents Different Versions Of 2008 Bailout". NPR. Retrieved February 8, 2025. <a href="https://www.npr.org/2014/10/10/355187956/aig-lawsuit-presents-different-versions-of-2008-bailout" target="_blank">https://www.npr.org/2014/10/10/355187956/aig-lawsuit-presents-different-versions-of-2008-bailout</a> <a href="#fnref:191" class="footnote-back-ref">↩</a></li>
<li id="fn:192">Wilson, Daniel (November 13, 2014). "AIG Had No Hope Of Private Lifeline, JPMorgan Banker Says". Law 360. Retrieved March 25, 2025.{{cite news}}: CS1 maint: url-status (link) <a href="https://www.law360.com/securities/articles/596151/aig-had-no-hope-of-private-lifeline-jpmorgan-banker-says" target="_blank">https://www.law360.com/securities/articles/596151/aig-had-no-hope-of-private-lifeline-jpmorgan-banker-says</a> <a href="#fnref:192" class="footnote-back-ref">↩</a></li>
<li id="fn:193">Scism, Leslie (November 13, 2014). "J.P. Morgan Deal Maker Lee to Take Stand in Greenberg's AIG Suit". Wall Street Journal. p. 1.{{cite news}}: CS1 maint: url-status (link) <a href="https://www.wsj.com/articles/j-p-morgan-dealmaker-lee-to-take-stand-in-greenbergs-aig-suit-1415901193" target="_blank">https://www.wsj.com/articles/j-p-morgan-dealmaker-lee-to-take-stand-in-greenbergs-aig-suit-1415901193</a> <a href="#fnref:193" class="footnote-back-ref">↩</a></li>
<li id="fn:194">Kessler, Aaron M. (October 6, 2014). "Paulson Testifies That 'Punitive' A.I.G. Terms Were Also Necessary". DealBook. Retrieved February 8, 2025. <a href="https://archive.nytimes.com/dealbook.nytimes.com/2014/10/06/paulson-takes-the-stand-in-a-i-g-trial/" target="_blank">https://archive.nytimes.com/dealbook.nytimes.com/2014/10/06/paulson-takes-the-stand-in-a-i-g-trial/</a> <a href="#fnref:194" class="footnote-back-ref">↩</a></li>
<li id="fn:195">Scism, Leslie (November 13, 2014). "J.P. Morgan Deal Maker Lee to Take Stand in Greenberg's AIG Suit". Wall Street Journal. p. 1.{{cite news}}: CS1 maint: url-status (link) <a href="https://www.wsj.com/articles/j-p-morgan-dealmaker-lee-to-take-stand-in-greenbergs-aig-suit-1415901193" target="_blank">https://www.wsj.com/articles/j-p-morgan-dealmaker-lee-to-take-stand-in-greenbergs-aig-suit-1415901193</a> <a href="#fnref:195" class="footnote-back-ref">↩</a></li>
<li id="fn:196">"Closing Arguments Begin In AIG Bailout Case". NPR. Retrieved February 8, 2025. <a href="https://www.npr.org/2015/04/22/401540507/closing-arguments-begin-in-aig-bailout-case" target="_blank">https://www.npr.org/2015/04/22/401540507/closing-arguments-begin-in-aig-bailout-case</a> <a href="#fnref:196" class="footnote-back-ref">↩</a></li>
<li id="fn:197">Scism, Leslie (April 21, 2015). "Closing Arguments Loom in AIG Bailout Trial". Wall Street Journal. ISSN 0099-9660. Retrieved February 8, 2025. <a href="https://www.wsj.com/articles/BL-MBB-35863" target="_blank">https://www.wsj.com/articles/BL-MBB-35863</a> <a href="#fnref:197" class="footnote-back-ref">↩</a></li>
<li id="fn:198">Recent Cases: Court of Federal Claims Holds that Government Acquisition of Equity Share in AIG Effected an Illegal Exaction Archived February 5, 2016, at the Wayback Machine, 129 Harv. L. Rev. 859 (2016). <a href="http://cdn.harvardlawreview.org/wp-content/uploads/2016/01/859-866-Online.pdf" target="_blank">http://cdn.harvardlawreview.org/wp-content/uploads/2016/01/859-866-Online.pdf</a> <a href="#fnref:198" class="footnote-back-ref">↩</a></li>
<li id="fn:199">hlr (January 11, 2016). "Starr International Co. v. United States". Harvard Law Review. Retrieved February 8, 2025. <a href="https://harvardlawreview.org/print/vol-129/starr-international-co-v-united-states/#:~:text=Recently,%20in%20Starr%20International%20Co,so%20effected%20an%20illegal%20exaction." target="_blank">https://harvardlawreview.org/print/vol-129/starr-international-co-v-united-states/#:~:text=Recently,%20in%20Starr%20International%20Co,so%20effected%20an%20illegal%20exaction.</a> <a href="#fnref:199" class="footnote-back-ref">↩</a></li>
<li id="fn:200">Sorkin, Andrew (June 15, 2015). "In A.I.G. Case, Surprise Ruling That Could End All Bailouts". The New York Times. Retrieved June 16, 2015. <a href="https://www.nytimes.com/2015/06/16/business/dealbook/surprise-ruling-finds-bailout-shorted-aig.html®ion=Header&action=click&contentCollection=Home%20Page&pgtype=article" target="_blank">https://www.nytimes.com/2015/06/16/business/dealbook/surprise-ruling-finds-bailout-shorted-aig.html®ion=Header&action=click&contentCollection=Home%20Page&pgtype=article</a> <a href="#fnref:200" class="footnote-back-ref">↩</a></li>
<li id="fn:201">"Greenberg's Starr to Appeal AIG Bailout Case to Supreme Court". Insurance Journal. May 10, 2017. Archived from the original on May 4, 2018. Retrieved May 4, 2018. <a href="https://www.insurancejournal.com/news/national/2017/05/10/450449.htm" target="_blank">https://www.insurancejournal.com/news/national/2017/05/10/450449.htm</a> <a href="#fnref:201" class="footnote-back-ref">↩</a></li>
<li id="fn:202">Stempel, Jonathan (January 12, 2013). "AIG Sues The New York Fed". Business Insider. Archived from the original on May 4, 2018. Retrieved April 18, 2018. <a href="http://www.businessinsider.com/aig-sues-maiden-lane-ii-2013-1" target="_blank">http://www.businessinsider.com/aig-sues-maiden-lane-ii-2013-1</a> <a href="#fnref:202" class="footnote-back-ref">↩</a></li>
<li id="fn:203">"AIG to raise $18bn from AIA share sale". BBC News. October 22, 2010. Retrieved March 11, 2024. <a href="https://www.bbc.com/news/business-11603977" target="_blank">https://www.bbc.com/news/business-11603977</a> <a href="#fnref:203" class="footnote-back-ref">↩</a></li>
<li id="fn:204">Stempel, Jonathan (May 30, 2013). "AIG drops a lawsuit versus New York Fed related to bailout". Reuters. Archived from the original on February 6, 2016. Retrieved December 16, 2013. <a href="https://www.reuters.com/article/us-aig-newyorkfed-maidenlane-idUSBRE94T11020130530" target="_blank">https://www.reuters.com/article/us-aig-newyorkfed-maidenlane-idUSBRE94T11020130530</a> <a href="#fnref:204" class="footnote-back-ref">↩</a></li>
<li id="fn:205">Stempel, Jonathan (May 30, 2013). "AIG drops a lawsuit versus New York Fed related to bailout". Reuters. Archived from the original on February 6, 2016. Retrieved December 16, 2013. <a href="https://www.reuters.com/article/us-aig-newyorkfed-maidenlane-idUSBRE94T11020130530" target="_blank">https://www.reuters.com/article/us-aig-newyorkfed-maidenlane-idUSBRE94T11020130530</a> <a href="#fnref:205" class="footnote-back-ref">↩</a></li>
<li id="fn:206">Freifeld, Karen. "BofA pays AIG $650 million to settle mortgage disputes". Reuters. Archived from the original on May 4, 2018. Retrieved May 3, 2018. <a href="https://www.reuters.com/article/us-bankofamerica-mbs-settlement/bofa-pays-aig-650-million-to-settle-mortgage-disputes-idUSKBN0FL1B720140716" target="_blank">https://www.reuters.com/article/us-bankofamerica-mbs-settlement/bofa-pays-aig-650-million-to-settle-mortgage-disputes-idUSKBN0FL1B720140716</a> <a href="#fnref:206" class="footnote-back-ref">↩</a></li>
<li id="fn:207">"Board of Directors". AIG. Archived from the original on February 8, 2023. Retrieved July 17, 2023. <a href="https://www.aig.com/about-us/leadership-and-governance/board-of-directors" target="_blank">https://www.aig.com/about-us/leadership-and-governance/board-of-directors</a> <a href="#fnref:207" class="footnote-back-ref">↩</a></li>
<li id="fn:208">"Board of Directors". AIG. 2023. Archived from the original on April 11, 2023. Retrieved April 11, 2023. <a href="https://www.aig.com/home/about/leadership-and-governance" target="_blank">https://www.aig.com/home/about/leadership-and-governance</a> <a href="#fnref:208" class="footnote-back-ref">↩</a></li>
<li id="fn:209">"Board of Directors | AIG". Archived from the original on December 24, 2017. Retrieved April 6, 2021. <a href="https://web.archive.org/web/20171224204350/http://www.aig.com/about-us/corporategovernance/board-of-directors" target="_blank">https://web.archive.org/web/20171224204350/http://www.aig.com/about-us/corporategovernance/board-of-directors</a> <a href="#fnref:209" class="footnote-back-ref">↩</a></li>
<li id="fn:210">"Retired GE vice chairman joins AIG's board of directors". Archived from the original on July 6, 2022. Retrieved June 30, 2022. <a href="https://www.insurancebusinessmag.com/us/news/breaking-news/retired-ge-vice-chairman-joins-aigs-board-of-directors-398964.aspx" target="_blank">https://www.insurancebusinessmag.com/us/news/breaking-news/retired-ge-vice-chairman-joins-aigs-board-of-directors-398964.aspx</a> <a href="#fnref:210" class="footnote-back-ref">↩</a></li>
<li id="fn:211">"Diana Murphy and Vanessa Wittman to Join AIG's Board of Directors". The Wall Street Journal. February 27, 2023. Archived from the original on April 11, 2023. Retrieved April 11, 2023. <a href="https://www.wsj.com/articles/diana-murphy-and-vanessa-wittman-to-join-aig-s-board-of-directors-1bf39f9e" target="_blank">https://www.wsj.com/articles/diana-murphy-and-vanessa-wittman-to-join-aig-s-board-of-directors-1bf39f9e</a> <a href="#fnref:211" class="footnote-back-ref">↩</a></li>
<li id="fn:212">"Diana Murphy and Vanessa Wittman to Join AIG's Board of Directors". The Wall Street Journal. February 27, 2023. Archived from the original on April 11, 2023. Retrieved April 11, 2023. <a href="https://www.wsj.com/articles/diana-murphy-and-vanessa-wittman-to-join-aig-s-board-of-directors-1bf39f9e" target="_blank">https://www.wsj.com/articles/diana-murphy-and-vanessa-wittman-to-join-aig-s-board-of-directors-1bf39f9e</a> <a href="#fnref:212" class="footnote-back-ref">↩</a></li>
</ol>

American International Group open-in-new

American International Group