AIG Disaster Relief Fund Donates Over $1 Million to Local Organizations
Affected by Storm Sandy
NEW YORK -- July 9, 2013
American International Group, Inc. (NYSE: AIG) announced today that the AIG
Disaster Relief Fund (DRF) has donated more than $1 million to local
organizations in New York, New Jersey, Connecticut, and Pennsylvania that were
affected by Storm Sandy. The donations followed an in-depth analysis by AIG’s
claims department, which helped determine which organizations would benefit
most. AIG established the Disaster Relief Fund to assist victims of natural
and manmade disasters around the world.
The money from the DRF will be divided among seven organizations, including
branches of the Brooklyn, New York and Queens Public Libraries, the Police
Athletic League of New York, and the YMCA. Additional beneficiaries included
the South Street Seaport Museum and the Robert L. Craig Elementary School in
“Helping customers and communities recover and rebuild from disasters is at
the very core of our business,” said AIG Property Casualty CEO Peter Hancock.
“This donation demonstrates not only tremendous partnership within our own
organization and local communities, but also our steadfast commitment to
providing support and relief to those who need it most.”
In addition to the money from the DRF, AIG employees made personal
contributions to, and raised funds for, organizations affected by Storm Sandy.
For example, AIG employees in the U.K. raised additional money for a
devastated school district in New Jersey.
“These truly selfless contributions from our employees reinforce the spirit of
generosity, commitment to others, and persevering nature that make our
employees the best at what they do, both at work and in their personal
endeavors,” Hancock continued. “At AIG, we believe that tomorrow brings
limitless possibilities, and we are thrilled that these donations will help
make tomorrow possible for these organizations.”
“AIG Disaster Relief Fund aids continuing Sandy recovery,” a video about AIG’s
commitment to the community, and the ongoing recovery efforts of the donation
recipients, is available on AIG’s YouTube channel.
American International Group, Inc. (AIG) is a leading international insurance
organization serving customers in more than 130 countries. AIG companies serve
commercial, institutional, and individual customers through one of the most
extensive worldwide property-casualty networks of any insurer. In addition,
AIG companies are leading providers of life insurance and retirement services
in the United States. AIG common stock is listed on the New York Stock
Exchange and the Tokyo Stock Exchange.
Additional information about AIG can be found at www.aig.com | YouTube:
www.youtube.com/aig |Twitter: @AIG_LatestNews | LinkedIn:
AIG is the marketing name for the worldwide property-casualty, life and
retirement, and general insurance operations of American International Group,
Inc. For additional information, please visit our website at www.aig.com. All
products and services are written or provided by subsidiaries or affiliates of
American International Group, Inc. Products or services may not be available
in all jurisdictions, and coverage is subject to actual policy language.
Non-insurance products and services may be provided by independent third
parties. Certain property-casualty coverages may be provided by a surplus
lines insurer. Surplus lines insurers do not generally participate in state
guaranty funds, and insureds are therefore not protected by such funds.
Jon Diat, 212-770-3505
Matt Gallagher, 212-458-3247
Liz Werner, 212-770-7074
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