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New York-based American International Group, Inc. (AIG) provides insurance products for commercial, institutional, and individual customers in North America and internationally. Valued at a market capitalization of $42.4 billion, the company operates through North America Commercial, International Commercial, and Global Personal segments.
Companies with a market capitalization of $10 billion or more are typically referred to as "large-cap stocks." AIG fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the diversified insurance industry.