Who took over American General Life Insurance Company?

American International Group
The race for scale in U.S. life insurance stepped up Friday, as global insurance giant American International Group reached an agreement to acquire fellow insurer American General Corp. for about $23 billion in stock.

Is American General Life the same as AIG?

American General Life Insurance Company was established in 1960. As American General expanded its national presence and added new financial products and services over the years, the company was acquired by American International Group (AIG) in 2001.

Is AIG an insurance company?

American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in approximately 80 countries and jurisdictions.

How do I cancel my AIG life insurance policy?

To cancel your AIG life insurance policy:

1. Call customer service on 020 8915 1445.
2. Ask to speak with a representative.
3. Provide them with your policy number and customer information.
4. Request cancellation of your life insurance policy.
5. Ask for a confirmation email.

What is AIG called now?

American International Group, Inc.
American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of January 1, 2019, AIG companies employed 49,600 people.

Who owns American general life insurance company?

American General Life Insurance Company is owned by the international insurance giant AIG. After the government bailout, AIG paid back all its government loans and has emerged a significant holding company for several financial institutions that include insurance companies like American General and broker dealer firms under The Advisor Group.

Where is American general life insurance company located?

General American Life Insurance – Santa Barbara. 3868 State Street Suite 201, Santa Barbara CA 93105 (805) 682-5578.

Is there a first American life insurance company?

In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship. In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.

What is the rating for American general life insurance?

There are five main rating agencies. SuperMoney’s financial strength rating is based, among other factors, on the average score from available ratings. American General Life Insurance scores an A or excellent, which is SuperMoney’s second highest available score.