Revenue of AIG 2008-2018

The U.S. insurance company, American International Group (AIG), generated a total revenue of approximately 47.39 billion U.S. dollars in 2018. Their revenues have been falling year-on-year since their ten-year peak of 78.33 billion U.S. dollars in 2010.

AIG: background info

American International Group was founded in 1919 and is headquartered in New York City. In terms of revenue, AIG is one of the top publicly traded companies in New York. Brian Duperreault has served as CEO since 2017 and is also one of the highest paid CEOs in the United States.

Reasons for declining revenues

AIG’s North American revenues have been falling in recent years, but their revenues generated internationally have remained steady. Industry experts believe that AIG is struggling, because their business is heavily focused on general insurance, their exposure to catastrophe loss in a time of frequent natural disasters and other market conditions. North America has been the region with the most consistently high insured losses due to natural disasters, such as Hurricane Harvey.

Revenue of American International Group (AIG) from 2008 to 2018

Revenue in billion U.S. dollars
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Source

Release date

April 2019

Region

Worldwide

Survey time period

2008 to 2018

Supplementary notes

Figures have been rounded.

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