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American International Group, Inc., through its subsidiaries, provides insurance and related services in the United States and internationally. It operates in four segments: General Insurance, Domestic Life Insurance and Retirement Services, Foreign Life Insurance and Retirement Services, and Financial Services. The General Insurance segment provides property and casualty insurance, as well as various personal lines. The Domestic Life Insurance and Retirement Services segment offers life insurance products that include a range of protection products comprising individual term and universal life insurance, and group life and health products; payout annuities that consist of single premium immediate annuities, structured settlements, and terminal funding annuities; and group retirement products, and individual fixed and variable annuities. The Foreign Life Insurance and Retirement Services segment provides insurance and investment-oriented products, such as whole and term life, investment linked, universal life and endowments, personal accident and health products, and fixed and variable annuities, as well as group products, including pension, life, and health. The Financial Services segment engages commercial aircraft and equipment leasing, capital markets operations, consumer finance, and insurance premium financing. American International Group also provides reinsurance products. The company was founded in 1967 and is based in New York, New York.

Operating through half a dozen property/casualty insurance subsidiaries, American Modern Insurance Group provides specialty insurance products and services to owners of boats, classic cars, motorcycles, RVs, manufactured homes, rental properties, and vacation homes. Its Financial Institutions division also offers credit life insurance. The company is licensed throughout the US. It distributes its products through a network of agents, as well as through financial institutions, manufacturers, and other dealers. American Modern Insurance is a subsidiary of Munich Re America.

The company wrote medical professional-liability insurance through subsidiary American Physicians Assurance Corporation. Operating principally in a handful of states in the Midwest, it concentrated on individual and small-group practices and had more than 9,000 policies in force. Other subsidiaries dealt with income portfolio management, health care consulting, and physician and medical staff credential verification and review. Founded in 1975, the company was known as Mutual Insurance Corporation until 2000, when it was demutualized. APCapital was acquired by The Doctors Company in 2010.

American Physicians Service Group is a liability insurance writer and provider for medical professionals through its wholly-owned subsidiary American Physicians Insurance Company (API). It insures about 6,400 individual doctors and group practices primarily in Texas, but also in Arkansas and Oklahoma. Approximately 90% of its premiums are written through purchasing groups. About one-fifth of its premiums come from selling directly to policyholders. American Physicians Service Group has agreed to be acquired by ProAssurance for about $230 million.

American Safety Insurance Holdings (ASI) was part of the first wave of insurance firms domiciling in this tax-sheltered location. Formed to offer insurance to asbestos removers and other environmental risk-remediation providers, the company has expanded into other specialty lines. American Safety Insurance now underwrites residential and commercial construction risks, as well as professional and product liability, and excess and surplus policies. The company also offers alternative risk transfer programs that rely on some measure of self-insurance or shared risk on the part of the insured. The firm sells through a network of 250 agencies in the US.

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