AIG Annuity Insurance Company

Type: Subsidiary
On the web: http://www.aigannuity.com
Employees: 1,304

AIG Annuity Insurance has its sights firmly fixed on the annuities marketplace. The company is a top provider of fixed annuity products sold through banks and other financial institutions. The company develops, markets, and issues fixed annuity products. It also is a provider of tax-deferred annuities used primarily in retirement planning. AIG Annuity Insurance was acquired in 2001 by American International Group (AIG) and became part of the domestic life insurance operations of AIG, a global powerhouse that also has operations in property/casualty and specialty insurance.

Key numbers for fiscal year ending December, 2007:
Sales: $424.4M

Officers:
President and CEO: Bruce R. Abrams
National Sales Manager: Shawn M. Duffy
COO: Steve S. Poston

Competitors:
Allstate
New York Life
Principal Financial