American International Group Inc a Delaware corporation founded in 1919 and was incorporated in the State of Delaware on June 9, 1967 under the name American International Enterprises, Inc. The Company is an insurance organization. The Company provides property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in approximately more than 100 countries and jurisdictions. The Company operates in two segments including Commercial Insurance and Consumer Insurance. The Commercial Insurance segment is presented as three operating segments including property casualty consisting of casualty, property, specialty, and financial product lines; mortgage guaranty consisting of mortgage insurance protects mortgage lenders and investors against the increased risk of borrower default related to high loan-to-value mortgages; and Institutional Markets consisting of stable value wrap products, structured settlement and terminal funding annuities, high net worth products, corporate- and bank-owned life insurance and guaranteed investment contracts (GICs). Property Casualty products are distributed through a network of independent retail and wholesale brokers, and through an independent agency network; Mortgage Guaranty products and services are provided to mortgage lenders including mortgage banks, credit unions and finance agencies; and Institutional Markets products are marketed through specialized marketing and consulting firms and structured settlement brokers. The Consumer Insurance segment is presented as three operating segments including Retirement consisting of fixed annuities, retirement income solutions, group retirement, and retail mutual funds product lines; Life products in the U.S. include term life and universal life insurance, and International products include term and whole life insurance, supplemental health, cancer and critical illness insurance; and Personal Insurance consisting of personal lines and accident & health product lines. Retirement products are distributed through affiliated career financial advisors and through non-affiliated channels, which include banks, wire houses, regional and independent broker-dealers, independent marketing organizations and independent insurance agents; Life products in the U.S. are distributed through independent marking organizations, independent insurance agents, financial advisors and direct marketing, and International life products are sold through non-affiliated independent agents and direct marketing; and Personal insurance products are distributed through agents and brokers, as well as through direct marketing and partner organizations. Other Operations include Global Capital Markets, Direct Investment book, Corporate & Other and Aircraft Leasing. The Company's competitors include Chubb Limited, AEGON, N.V., Aflac Incorporated, Allianz Group, AXA Group, CNA Financial Corporation, Hartford Financial Services Group, Inc., Lincoln National Corporation, MetLife, Inc., Principal Financial Group, Inc., Prudential Financial, Inc., The Travelers Companies, Inc., XL Capital Ltd., and Zurich Insurance Group. The Company's operations around the world are subject to regulation by many different types of regulatory authorities, including insurance, securities, investment advisory, banking and thrift regulators in the United States and abroad.