American International Group, Inc. New · NYSE:AIG
American International Group, Inc. New — American International Group — Fact Sheet (May 2024)
12 slides from American International Group, Inc. New's fact sheet, May 2024
Slide 1: Navigating Multinational Risks – Advanced Training
Navigating Multinational Risks – Advanced Training Understanding Complex LOOK Multinational Risks - Module 1 INSIDE
Slide 2: Understanding Complex Multinational Risks, Module 1
[Aig] Understanding Complex Multinational Risks Module 1: Introduction to Captives and Captive Fronting
Slide 3: By the end of this course, you will be able to
By the end of this course, you will be able to: SoOocs Explain what a captive insurance company is and the different types of captives Clearly articulate the benefits and challenges that should be considered when forming a captive Explain what a front is and why one is needed Describe the roles and
Slide 4: Agenda
Understanding Complex Multinational Risks | Module 1: Introduction to Captives and Captive Fronting Agenda AIG] * Introducing Multinational Captive Fronting What Is a Front and Why Is One Needed? Roles and Responsibilities in a Fronting Program Steps to Form a Captive Captive Program Structures Case
Slide 5: Introducing Multinational Captive Fronting
Understanding Complex Multinational Risks | Module 1: Introduction to Captives and Captive Fronting Introducing Multinational Captive Fronting AIG
Slide 6: Your Challenge!
Understanding Complex Multinational Risks | Module 1: Introduction to Captives and Captive Fronting Your Challenge! At the end of today's session, we will ask you to imagine that you are a new Risk Manager at a major Fortune 500 corporation who is ‘stuck’ in a lift with the company CFO that is new t
Slide 7: What Is a Captive Insurance Company?
Understanding Complex Multinational Risks | Module 1: Introduction to Captives and Captive Fron What Is a Captive Insurance Company? A captive is: « Aseparate legal entity created or used by a company More specifically, it is: * An insurance or reinsurance company formed primarily to insure its owne
Slide 8: Risk Retention Strategies
Understanding Complex Multinational Risks | Module 1: Introduction to Captives and Captive Fronting Risk Retention Strategies Deductibles vs. Self Insured Retentions (SIR) Indemnity Structures Captives/PCCs/ Group Captives Virtual Captives AIG Deductibles are part of the policy limit. An SIR is not
Slide 9: Key Captive Statistics
Understanding Complex Multinational Risks | Module 1: Introduction to Captives and Captive Fronting Key Captive Statistics There are approximately Increased strategic use of captives Approximately makes the insurance industry more 7000 rieorer* = 90% captives globally, able to compensate those suffe
Slide 10: Client Example
Understanding Complex Mu! to Captives and Captive Fronti Client Example es a> = =sq Captive participation solves local deductible challenge : §5> Solution The insurer's Property and Captive teams closely collaborated to help build a program that used a captive to effectively ‘buy down’ the differenc
Slide 11: After completing the Introduction to Captives and Captive Fronting
Understanding Complex Multinational Risks | Module 1: Introduction to Captives and Captive Fronting After completing the Introduction to Captives and Captive Fronting (Advanced — Module 1) course, you should be able to: AIG v Explain what a captive insurance company is and the different types of cap
Slide 12: Join one of our trainings to learn more!
Join one of our trainings to learn more! Visit www.aig.com/multinational for more information and to register for online courses American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approxi