Asset Assurance Group
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| Public company | |
| Traded as | ISEX: AAG |
| Founded | June 14, 1885 |
Area served | Worldwide |
Key people | Valius Ithucas, CEO Val Indorus Drean (Chairman) |
| Products | Asset management, Banking, Insurance, Investing, Life Insurance, Pensions |
| Revenue |  51 billion |
| 13.4 billion | |
| 9.6 billion | |
| Total assets | 450 billion |
Number of employees | 51,203 |
The Asset Assurance Group is a multinational corporation headquartered in Orun Redisus and the nation's largest insurer. It is known for offering insurance on virtually anything, with billions of dollars in custom written insurance policies on everything from jewelry to supertankers. AAG divides its operations into several entities offering different services; Asset Life, Farmer's Trust, Mutual Underwriting Service, Asset Health, and Asset Management Assurance. As of 2021, the company employs 51,203 people.
Company History
Core Business Segments
Asset Life
Asset Life specializes in life insurance, savings, investments, and pension products. It underwrites all life insurance policies sold by AAG.
Farmer's Trust
Farmer's Trust specifically deals in agriculture products. It offers services such as crop insurance, equipment insurance, building and structure insurance, and other specialty policies for the agricultural industry.
Mutual Underwriting Service
MUS is the second largest entity under the AAG name and is the provider of custom insurance policies not covered by other branches. MUS will underwrite virtually anything and is popular for placing single policies on extremely valuable items, such as jewelry and antiques. Anything that the other branches of AAG have declined to insure can likely be insured under a custom policy from MUS.
Asset Health
Asset Health offers health insurance services for individuals, business entities, and even governments. It is the main policy underwriter for the government of Orun Redisus.
Asset Management Assurance
Asset Management Assurance is the largest single entity under the AAG name. It offers insurance on buildings, vehicles, ships, aircraft, infrastructure, and many others. AMA is the primary branch that businesses will deal with to insure expensive equipment, cargo, products, and others.