American International Group (AIG) is a leading global insurance organization that provides a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. Founded in 1919, AIG has a rich history, including a significant role in the 2008 financial crisis, which led to a major government bailout and subsequent restructuring. AIG makes money through underwriting insurance policies, investment income, and fees from financial services. The company is known for its strong risk management practices and diverse product offerings, making it a key player in the global insurance market.