AIG has underwritten political risk insurance since 1978 and trade credit insurance since 1982.  AIG is the global leader in Excess of Loss insurance cover.

✓ Trade credit insurance: Coverage against non-payment of short-term trade receivables, both export and domestic. Tailored policies are available to meet the needs of large corporation, middle-market firms, and banks.
✓ Investment insurance: Confiscation, expropriation, nationalisation, currency inconvertibility and political violence for both equity investors and financial institutions.
✓ Political risk insurance: Contract frustration, wrongful calling of guarantees and a wide range of customised covers for importers and exporters.

Founded: 1919 in Shanghai, China 

Started offering PIR and Trade Credit globally between 1978 and 1982

Ownership: American International Group

Joined Berne Union in: 2001