Find your top companies
 High revenue growth  High profit growth
 High EPS growth  High return to investors
 Top 5 in its industry  Best company to work for
 Big employer  Small employer



Video
  • NEXT
    Wal-Mart by the numbers
    A look inside the retail giant, the No. 1 company on the Fortune 500 list - from salaries to its biggest-selling product. Watch
  • NEXT
    BACK
    Customize a Dreamliner
    Boeing, No. 27 on the Fortune 500, relies on thousands of workers around the globe to manufacture each unique 787. Watch
  • NEXT
    BACK
    Nike's run-up to the Olympics
    A major footwear supplier to the Games, and no. 153 on this year's list, says it's not their job to address concerns over human rights in China. Watch
  • BACK
    Apparel giant's success secret
    VF, no. 335 on this year's list, boosts growth by buying successful cult brands, like shoemaker Vans, and giving them freedom to flourish. Watch
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe

Our annual ranking of America's largest corporations

  • All
    companies
  • All
    industries
13 of 1000
BACKNEXT
13. American International Group
American International Group
Financials: Latest Results
Rank: 13 (Previous rank: 10)
Compare tool: American International Group vs. Top 10
CEO: Martin J. Sullivan
Address: 70 Pine St.
New York, NY 10270
Phone: 212-770-7000
Website: www.aigcorporate.com
The world's largest insurance group was forced to take an $11 billion writedown last year on its weakened credit derivatives portfolio, resulting in a fourth-quarter loss of $5.3 billion - its biggest ever.

Adding to its problems: A legal battle continues against former CEO Hank Greenberg and six other former executives, who are accused of misappropriating $20 billion in company stock.

For the year, the company's earnings plunged 56% to $6.2 billion.

Revenues 110,064.0 -2.8
Profits 6,200.0 -55.9
Assets 1,060,505.0
Stockholders' equity 95,801.0
Market value (3/28/2008) 107,956.0
Revenues 5.6
Assets 0.6
Stockholders' equity 6.5
2007 $ 2.39
% change from 2006 -55.4
1997-2007 annual growth rate % 3.6
2007 -17.7
1997-2007 annual rate 4.7
1 Berkshire Hathaway 11 118,245.0
2 American International Group 13 110,064.0
3 Allstate 64 36,769.0
4 Travelers Cos. 93 26,017.0
5 Liberty Mutual Insurance Group 94 25,961.0
6 Hartford Financial Services 95 25,916.0
7 Nationwide 108 22,962.0
8 Loews 139 17,920.0
9 Progressive 175 14,686.8
10 United Services Automobile Assn. 176 14,417.9
11 Chubb 180 14,107.0
12 Assurant 309 8,453.5
13 First American Corp. 312 8,195.6
14 American Family Insurance Group 352 6,969.4
15 Safeco 388 6,208.8
16 W.R. Berkley 433 5,553.6
17 Fidelity National Financial 435 5,524.0
18 Erie Insurance Group 488 4,736.5
19 American Financial Group 515 4,404.7
20 Cincinnati Financial 530 4,259.3
21 Old Republic International 545 4,091.0
22 LandAmerica Financial Group 582 3,705.8
23 FM Global 583 3,692.2
24 Mercury General 644 3,178.8
25 Unitrin 656 3,116.6
26 Hanover Insurance Group 712 2,786.8
27 Markel 780 2,483.3
28 HCC Insurance Holdings 794 2,388.4
29 Stewart Information Services 867 2,106.7
30 Commerce Group 902 1,982.4
31 Selective Insurance Group 929 1,846.2
32 MGIC Investment 974 1,693.2
From the May 5, 2008 issue
Edward Liddy replaced Robert B. Willumstad as CEO of AIG, Sept. 15, 2008. Willumstad had replaced Martin J. Sullivan, June 16, 2008. Federal government loaned AIG $85 billion and acquired a 79.9% stake in the company, Sept. 16, 2008.
See American International Group in...
...What Readers Say
They speak out on American International Group and other 500 companies...
 
 
 

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.