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| Company Name: |
| ALICO AIG LIFE |
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| Products & Services: |
Life Insurance Company |
| Address: |
Alico Building, 18-20 Motiheel C/A, Dhaka-1000 |
| City: |
Dhaka |
| Phone: |
02-9561791 |
| Fax: |
02-9558682 |
| Email: |
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| Web: |
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American International Group, Inc. (AIG), a world leader in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Paris, Switzerland and Tokyo.
American Life Insurance Company (ALICO), incorporated in Delaware U.S.A in 1921, is one of the largest international life insurance companies in the world, with more than US$294 billion of life insurance in force as of December 31, 2006.
ALICO's branches and subsidiaries market a wide range of life and health insurance products. These products include traditional life insurance, variable universal life insurance, credit life insurance, supplemental medical and personal accident products, health and hospitalization insurance, group life, pensions and annuities, through a network of some 35,000 agents. ALICO conducrts business globally in Japan, Europe, the Middle East, South Asia, Latin America, and the Caribbean in more than 55 countries.
ALICO Bangladesh is the oldest operation in the company's Middle East, Africa and South Asia (MEASA) division tracing its origin back to 1952 when it entered Pakistan with business activities also extending to erstwhile East Pakistan. The company started full service branch operation in Bangladesh in 1974 and has since been marketing individual and group life insurance products with remarkable success.
ALICO plays an important role in the economy of Bangladesh. Its assets in Bangladesh currently exceed Tk. 2100 Crore with more than 476,500 life insurance policies in force. Besides with more than 6,500 career agents and more than 231 dedicated employees, ALICO is a major employer in the country. |
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