Business, Legal & Accounting Glossary
American International Group Incorporated, an American holding company of insurance subsidiaries both domestic and abroad. Once listed as the 18th largest company in the world at its apex, it required a series of government bailouts, or TARP, to avoid collapse during the financial crises of 2008-2009. Throughout 2010, AIG sold off various parts of its core businesses to Pacific Century Group and MetLife.
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This glossary post was last updated: 13th November, 2021 | 0 Views.