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New York-based American International Group, Inc. (AIG) is a leading global insurer valued at a market cap of $48 billion. AIG provides a wide range of insurance and financial services to individuals and businesses, offering solutions to manage risks and protect assets.
Companies valued at $10 billion or more are generally considered "large-caps," and AIG fits this criterion perfectly, signifying its substantial size, stability, and influence in the insurance industry. With a global presence in around 190 countries, AIG diversifies its risk exposure and revenue streams. Its broad portfolio of property, casualty, and specialty insurance offers a hedge against market volatility.
