Global 500 rank: 23 (Previous rank: 20)
Profits (millions): $14,048
Change from 2005: 34.1%
Get quote: AIG
It may not be the world's biggest insurance company, but AIG is the most profitable one this year thanks to a slow storm season in the southern U.S. Profits rose 34% the year after Hurricane Katrina ravaged the gulf coast and cost AIG $1.6 billion in insurance-claim payouts.
See more Global 500 data for American International Group
American International Group
|  Old-economy outfits top Fortune's annual Global 500 list, thanks to rising oil prices and a slew of mergers that drove record profits. (more)  Wal-Mart retakes the lead as the world's biggest company. See which other outfits top our list. (more)  Which automaker lost a whopping $12.6 billion last year? And just how far into the red are stalwarts like Goodyear and Tyson Foods? (more) |
