AGC meaning in Business ?

Answer:

What is American General Corporation mean?

American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of January 1, 2019, AIG companies employed 49,600 people. The company operates through three core businesses: General Insurance, Life & Retirement, and a standalone technology-enabled subsidiary. General Insurance includes Commercial, Personal Insurance, U.S. and International field operations. Life & Retirement includes Group Retirement, Individual Retirement, Life, and Institutional Markets.AIG is a sponsor of AIG Women’s Open (golf) and of New Zealand Rugby (AIG All blacks).

AIG's corporate headquarters are in New York City and the company also has offices around the world. AIG serves 87% of the Fortune Global 500 and 83% of the Forbes 2000. AIG was ranked 60th on the 2018 Fortune 500 list. According to the 2016 Forbes Global 2000 list, AIG is the 87th largest public company in the world. On December 31, 2017, AIG had $65.2 billion in shareholder equity.

During the financial crisis of 2007–2008, the Federal Reserve bailed the company out for $180 billion and assumed control, with the Financial Crisis Inquiry Commission correlating AIG's failure with the mass sales of unhedged insurance. AIG repaid $205 billion to the United States government in 2012.

reference

Full Form	Category
Association Géologique du Canada	Academic & Science
Geological Association of Canada	Academic & Science
Advanced Graduate Certificate	Academic & Science
American General Corporation	Business
American General Contractors	Business
Automated Guided Cart	Business
Alexandre Group Company, Incorporated	Business
American Gasket Company	Business
American Gaming Console	Business
Asahi Glass Company	Business
Academy for Global Citizenship	Community
Associated Gun Clubs	Community
Asphalt Gold Club	Community
Associated General Contractors	Community
Associated Gospel Churches	Community
Africa Gospel Church	Community
Audiographics Conferencing	Computer and Networking
Automatic Gain Control	Computer and Networking
Amplitude Gain Control	Computer Hardware
Audio Gain Control	Computer Hardware
Adaptive Gain Control	Computing
Advanced Ground Contact	Computing
Adobe Global Community	Computing
Adobe Genuine Copy	Computing
Automatic Generation Control	Electronics
Automatic Gauge Control	General
Automatic Gain Controller	General
Auto Generated Content	General
Authoritative Game Coordinator	General
Apollo Guidance Control	General
Agaric Git Clone	General
All Grip Control	General
All Gen Camaros	General
Andre Gustave Citroen	General
Alpine Gordini Club	General
Advanced Grip Control	General
Auto Glide Control	General
Automatic Guided Cart	General
Autohub Group of Companies	General
Associated General Contractors of America	General
Advanced Gamma Corrector	General
After Game Completion	General
Automotive Glass Cartridge	General
Auto Gain Control	General
Command Ship (Auxiliary, General, Command)	General
Aerographer's Mate Chief Petty Officer	Governmental
American Grassland Council	Governmental
Assistant General Counsel	Governmental
AGRA CANTT	Indian Railway Station
Asamblea General de Cataluña	International
Asignación Global del Crédito	International
Asian Greek Council	International
Active Group Count	Medical
Atypical Glandular Cells	Medical
Advanced Gastric Cancer	Medical
Army Geospatial Center	Military and Defence
Adjutant Generals Corps	Military and Defence
Amphibious Group Command	Military and Defence
Ashanti (Asante) Goldfields Corporation	Regional
Agra Cantt railway station	Regional
Apollo Guidance Computer	Space Science