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2020
We know how to manage risks in times of global uncertainty
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Investing in developmentOur mission is to provide clients with the best risk management expertise
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Traditionally, AIG’s expertise consists of understanding trends in insurance needs and tools for proactive risk management
Over 100 years of risk management expertise
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AIG Inc.
Geography of presence: presence in
80+
countries, global distribution
network
Innovative insurance solutions for individual clients’ needs
Financial sustainabilityover $65 billion in equity capital
$12.1 billion parent company liquidityas of December 31, 2019
90 million+ clients
100+ yearsin the comprehensive
business risk insurance market
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Facts and figures
AIG is an insurance company trusted by clients
One of the world leaders in terms of written insurance premium and the market share under cyber risk insurance, D&O and liability insurance in the world
80% of Fortune 500 Companies, 2019 buy directors and officers liability
insurance policy (D&O) from AIG
93%of clients renew their
insurance policies
$49,7+ billion The total amount of companies’ income in 2019
$30,5+ billion Written insurance premium in 2019
Ratings, 2019
А+ S&P
А2 Moody’s
A Fitch, AM Best
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AIG Inc. financial results, USD
Year 2019 2018 2017 2016 2015
Insurance premiums – net premiums written 30,5+ billion 30,6+ billion 31,3+ billion 34,4+ billion 36,6+ billion
Insurance Claims paid 26,6+ billion 27,4+ billion 29,7+ billion 32,4+ billion 31,3+ billion
Total equity 65,7+ billion 56,3+ billion 65,1+ billion 76,3+ billion 89,6+ billion
Liability for unpaid claims and claims adjustment expenses (Reserves) 258+ billion 254+ billion 188+ billion 160+ billion 138+ billion
Assets 525+ billion 491+ billion 498+ billion 498+ billion 497+ billion
Net profit 3,3+ billion (6) billion (6) billion (849) million 2,2+ billion
TOP 50 Companies for Diversity 2019
Best Employers for New Grad List, Forbes 2019, Canada’s TOP Employers for Young People, 2020
TOP 15 companies for executive women 2019
Награды и компетенции AIG в мире
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Why AIG
Unparalleled experience in the field of underwriting and risk management and unique professionalism of our in-house risk-engineering team
Expertise and experience
Innovation and technology
A wide range of available insurance products and services for virtually every sector of the economy and market segment
Financial transparency and well-structured corporate governance structure allow us to maintain a consistently high level of financial sustainability
High quality of service
Consistent high quality of claims settlement and customer service
Financial sustainability
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Business in Russia today
Leader in innovationAIG introduced insurance innovations to the market:• Comprehensive environmental insurance• Cyber risks insurance• Single project professional indemnity
insurance (SPPI)• Directors and officers liability insurance
(D&O)
90% of clients renew their
insurance policies
RUB 10,2+ billion insurance claims paid
for 25+ years of operations in Russia
ruAA+ reliability
rating, Expert RA
25+ years in the Russian market
In-house risk-engineering team, one of the most qualified
in the market
Rankings in terms of insurance premium*:
TOP 10 insurers in terms of inward reinsurance
TOP 15 liability and financial risk insurers
TOP 20 cargo insurers
TOP 25 property insurers
TOP 35 property and casualty insurers
RUB 600 million authorised capital
* The Central Bank fo Russia, 2019
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Corporate social activities in Russia
EDUCATION OF INSURANCE MARKET PARTNERS AND DEVELOPMENT
OF INSURANCE CULTURE
Training course on risk management in cooperation with RusRisk
Training program for independent directors with IDA
Insurance textbook
Regular workshops on insurance topics at the AIG Academy
Regular expert publications in the media
DIVERSITY & INCLUSION
Activities in the field of diversity & inclusion and creation of equal opportunities
ENVIRONMENTAL PROTECTION
Participation in public events and legislative initiatives to protect the environment, environmental responsibility rating of industrial enterprises in conjunction with CREON and WWF
We are LEADERS in our segment. We are trusted and respected for our expertise and SUPERIOR SERVICE. Our TEAM IS COMMITTED to its work and relies on international standards and local experience, introducing innovative insurance solutions
PARTNER OF LIFE LINE CHARITABLE FOUNDATION
Participation in the foundation’s initiatives:
“Someone’s life is no longer a trifle”
“Skiing 6250”
“Race 5275”
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AIG, JSC Financial Results
Year 2019 2018 2017 2016 2015
Gross premium written 3,4+ billion 3,2+ billion 3,1+ billion 3,2+ billion 3,8+ billion
Insurance Claims paid 771+ million 994+ million 326+ million 2,42+ billion 424+ million
Total equity 2,3+ billion 1,94+ billion 1,93+ billion 1,78+ billion 1,89+ billion
Insurance reserves 2,3+ billion 3,5+ billion 2,85+ billion 2,2+ billion 4,71+ billion
Assets 6,2+ billion 6,7+ billion 6,7+ billion 6,9 + billion 9,91+ billion
Net profit 539+ million 323+ million 448+ million 425+ million 613+ million
‘ RUBLES
Lines of business Insurance capacities
Property Insurance $500 million
Liability Insurance $100 million
Cargo Insurance $25 million
Environmental Indemnity Insurance $50 million
Product Recall Insurance $25 million
D&O Insurance $15 million
Cyber Risks Insurance $10 million
Professional Indemnity Insurance $10 million
Single Project Professional Indemnity Insurance $10 million 53%
29% 18%
Property
Liability
Financial risks
Portfolio structure
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The largest insurance claims paid by AIG JSC in 2019Policyholder’s business Type of insurance Description of the insured event The amount of insurance claim
payment, million rublesOil and gas company Property insurance (inward reinsurance) Fire and explosion at an oil refinery 328
Investment bank Directors and officers liability Defence costs related to a lawsuit against insured directors in the UK 133
Sports venue Property insurance (inward reinsurance) Damage to the structure and decoration of the stadium, furniture and equipment due to heavy rains 89
Brewery Civil liability and product insurance against damage Product recall due to detection of bacteria in the batch 54
Bank Comprehensive property insurance of the bank against crimes (inward reinsurance) Theft of cash 26
Retail Property insurance and business interruption insurance
A fire in a clothing store led to damage, destruction of inventory and business interruption 24
Foreign trade Cargo insurance Theft of part of the cargo 20
Space technologies Directors and officers liability Defence costs related to a lawsuit against a director in the BVI and the USA 17
The largest insurance claims paid by AIG JSC in the first quarter of 2020Industrial company (foreign subsidiary) Directors and officers liability
Lawyers and technical experts’ fees in connection with the investigation and claims of the South African environmental authorities
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Hotel Property insurance and business interruption insurance Fire in the hotel cafeteria 17
Retail Property insurance and business interruption insurance
A fire in a store led to damage, destruction of inventory and business interruption 12
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AIG clients in the world
AIG Inc. ranks 235th among the largest companies in the world (Fortune Global 500, 2019) in terms of turnover and 2nd among American insurance companies (Fortune 500, 2019), with the widest global distribution network and the most diversified portfolio.
According to Forbes Global 2000 – The World’s Largest Public Companies (Global 2000, 2019) AIG Inc. takes 462 place, while being 73rd in terms of own assets, 328th in terms of market value and 194th in terms of turnover.
99% of Fortune 500
companies
89% of Fortune 500
Global companies
83% of Forbes Global 2000 companies
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We express our most sincere admiration and gratitude for your professional actions
Client feedback on claims settlementSince 1994, more than 10.2 billion rubles have been paid under insured events in Russia
Thank you for taking into account the human and emotional factor and always remaining professionals
Many thanks for the careful approach to our company, which confirms the correct choice of AIG as our insurer
Thank you for your integrity and real help in a difficult situation
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AIG JSC: types of insurance
Corporate Property Insurance
Insurance of other types of civil liability, except for compulsory insurance of hazardous production facilities, professional liability and SPPI
Professional Indemnity Insurance
Single Project Professional Indemnity Insurance
Environmental Indemnity Insurance
Liability Insurance for Producers, Contractors and Service Providers
Employer’s Liability Insurance
Compulsory Liability Insurance of Owners of Hazardous Facilities
Directors and Officers Liability Insurance
Financial Institutions Liability Insurance
Bankers Blanket Bond Employer’s Liability Insurance
Cyber Risks Insurance Cargo Insurance
AIG JSC, licenses of the Central Bank of the Russian Federation SL No. 3947, SI No. 3947, OS No. 3947-04, PS No. 3947 dated April 12, 2017.AIG JSC is part of American International Group, Inc. (AIG). In Russia, the Company is represented for more than 25 years, has a financial stability rating ruAA+ (Expert RA).American International Group, Inc. (AIG) is the world leader in the insurance market. The Company was founded in 1919 and has offices in more than 80 countries. Today AIG offers a wide range of property and casualty insurance programs, life insurance, pension and mortgage insurance, as well as other financial services. AIG helps both legal entities and individuals to protect their assets, manage risks and create pension savings. Ordinary shares of AIG are traded at the New York and Tokyo stock exchanges.Additional information about American International Group, Inc. (AIG): www.aig.com, www.aig.com/strategyupdate | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance | LinkedIn: http://www.linkedin.com/company/aig
© 2020 American International Group Inc. All rights reserved
aig.ru
aig.russia
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