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New Hampshire Insurance Company Auto Insurance

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Company Details
Address:

175 Water Street, 18th Floor

City:
New York
State:
NY
ZIP Code:
10038
Phone Number:
212-770-7000
Year Founded
AM Best Rating:
A u
Company Rating 0 (0 reviews)

Things to Remember...
  • New Hampshire Insurance is part of American International Group
  • New Hampshire Insurance provides property and casualty products
  • New Hampshire Insurance does not offer any personal auto insurance

This New Hampshire Insurance Company Auto Insurance Review will discuss the New Hampshire Insurance Company, which is a part of American International Group, or AIG.

New Hampshire Insurance offers property and casualty products to individual, institutional, and commercial customers.

The companies of AIG, including New Hampshire Insurance Company, are the top providers of retirement services and life insurance in the United States.

Unfortunately, they do not offer personal auto insurance.

If you would like to compare auto insurance quotes for other companies in your local area, all you need to do is fill in your ZIP code in the space provided above.

New Hampshire Insurance Careers

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Because American International Group is so large, there are many career opportunities available around the world.

There are opportunities available in a number of different career areas including:

  • Actuary,
  • Accounting/auditing
  • Office services/administration
  • Airlines
  • Advertising
  • Branch management
  • Automotive
  • Claims
  • Call center
  • Collection
  • Compliance
  • Computer
  • Communications
  • Customer service
  • Consulting
  • Engineering
  • Education/training
  • Loss control/engineering
  • Economics/ finance

The website for American International Group lists all jobs available under AIG Global.

On the website you can create and edit a personal profile, apply, and check your application status.

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New Hampshire Insurance and the AIG Crisis

As American International Group expanded, it began to add more financial services businesses.

The AIG Financial Products Corp was founded in 1987 and it began to engage in a number of financial transactions globally. In 1998, it began to sell default swaps in order to protect itself against other securities defaulting.

When the mortgage market began defaulting in 2007, these securities began to devaluate, which led to market valuation losses for AIG.

AIG also began reporting losses in its lending program for securities, which led to a sharp decline in investments related to real estate.

Because of all this and the collapse of certain financial institutions as well as the mortgage companies’ crises, the credit ratings for AIG were degraded in September of 2008, which caused a liquidity crisis.

In order to help stabilize AIG, the Federal Reserve Bank of New York extended a short-term emergency secured loan to AIG.

To pay back the loan and strengthen itself financially, AIG has made changes in its structure and operations.

Since the crisis in 2008, American International Group has made substantial changes in restoring its financial strength, enhancing its key businesses’ values, paying back U.S. taxpayers, and reducing risk.

The insurance businesses of AIG are well capitalized and healthy, and the crisis that occurred has no impact directly on the policyholders of AIG and its subsidiaries.

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