American International Group, Inc. is the largest insurance company in the US market. It is one of the five largest insurance companies in the world. It was founded in 1919 in Shanghai, where it became the first company in the country to insure the local population. In 1950, the company moved to USA and began work in other countries: Latin America, Europe, the Far East. In 1962, the company moved away from a personal insurance strategy in favor of using independent brokerage agencies, with price controls. In 1969, the company became public. In 1984, the company She divested her shares on the NYSE. In 1999, AIG acquired SunAmerica, Inc., and two years later, the American General Financial Group. The company is active in China, Japan and Qatar. In 2009 and 2012, the company rebranded and acquired a majority stake in Fuji. Fire and Marine Insurance Company, Ltd., thus becoming the fourth insurance company in Japan, is currently one of the world leaders in personal and property insurance, operating in more than 80 countries.