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American Intl Group Inc

 
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AM Best Comments on Credit Ratings of Members of Corebridge Financial Following Announced Agreement
The outlook of these ratings is stable. The transaction is expected to close in first-quarter 2025, subject to regulatory approvals and other customary closing conditions. AIG has ...
Source: BestWire   Date: May 16, 2024
AIG Sells 20% of Corebridge to Nippon Life for $3.8 Billion
American International Group Inc. said it agreed to sell about 120 million shares of its Corebridge Financial Inc. common stock to Nippon Life Insurance Co. for $31.47 a share, for ...
Source: BestWire   Date: May 16, 2024
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Corebridge Swings to Black in First Quarter as Premiums and Deposits Rise
American International Group Inc. subsidiary sheds international businesses to focus on life insurance and retirement businesses in the United States, the companies said (BestWire, ...
Source: BestWire   Date: May 3, 2024
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AIG Chairman of General Insurance Will Retire in May
American International Group Inc. said David McElroy will retire from AIG effective May 1, 2024. McElroy has agreed with AIG to accelerate his retirement date for personal reasons ...
Source: BestWire   Date: April 22, 2024
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Aviva Completes Acquisition of Corebridge's UK-Based AIG Life
The acquisition of AIG Life Ltd. will broaden its distribution and add 1.3 million individual protection customers and 1.4 million group protection members to its business, Aviva ...
Source: BestWire   Date: April 9, 2024
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UK Competition Regulator Probes Aviva's Planned Acquisition of AIG Life
The deadline for a phase 1 decision by the CMA is April 8. That decision would determine whether a phase 2 is warranted for the inquiry. The deadline for the phase 1 decision may ...
Source: BestWire   Date: February 9, 2024
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Corebridge Financial Announces $150 Million Share Repurchase From AIG, Blackstone
Underwriting entities of American International Group Inc. have current Best's Financial Strength Ratings of A (Excellent). Shares of Corebridge Financial Inc. (NYSE: CRBG) were ...
Source: BestWire   Date: December 15, 2023
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AIG Raises $712 Million From Second Corebridge Stock Offering
American International Group Inc. closed on a second offering of Corebridge Financial Inc. common shares, raising about $712 million after deducting underwriting discounts and ...
Source: BestWire   Date: December 5, 2023
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AIG Launches Another Corebridge Secondary Offering, Valued at $718 Million
American International Group Inc. announced the launch of another secondary offering of Corebridge Financial Inc. common stock and priced the offering at $20.50 a share, or about ...
Source: BestWire   Date: December 1, 2023
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AIG Hires Former CVS Health Exec as EVP and Chief Information Officer
American International Group Inc. has hired Roshan Navagamuwa to succeed John Repko as executive vice president and chief information officer. Repko will be joining AIG in December ...
Source: BestWire   Date: November 16, 2023
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AIG Closes $1 Billion Corebridge Offering
American International Group Inc. closed its secondary offering of shares of Corebridge Financial Inc. common stock, raising $1.0 billion after deducting underwriting discounts and ...
Source: BestWire   Date: November 9, 2023
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AIG Posts Drop in Third-Quarter Net Income to $2 Billion, Completes Sale of Validus Re to RenaissanceRe
American International Group Inc. reported net income attributable to shareholders of $2 billion in the third quarter of 2023, down from $2.7 billion in the same period a year ...
Source: BestWire   Date: November 1, 2023
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In Another Corebridge Divestiture, Aviva to Acquire AIG’s UK Protection Business for $561.5 Million
Aviva plc will acquire American International Group Inc.'s U.K. protection business for £460 million ($561.5 million) in a move Aviva said will support its strategy to grow ...
Source: BestWire   Date: September 25, 2023
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Blackstone Seeks Growth by Combining Insurance, Credit Businesses
Blackstone said in a statement. The group said its businesses include the second-largest alternative manager of insurance assets. Blackstone said the new structure will offer a ...
Source: BestWire   Date: September 14, 2023
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AIG Collects $1.2 Billion on Corebridge Secondary Offering
American International Group Inc. closed its secondary offering of Corebridge Financial Inc. common stock, reaping gross proceeds of $1.2 billion. The proceeds are prior to ...
Source: BestWire   Date: June 13, 2023
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AIG Prices $1.1 Billion Corebridge Secondary Share Offering With a June 12 Closing
American International Group Inc. priced the secondary offering of Corebridge Financial Inc. common stock at $16.25 a share, or about $1.1 billion. The offering is expected to ...
Source: BestWire   Date: June 8, 2023
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Following Delay, AIG Announces $1.15 Billion Corebridge Secondary Offering
American International Group Inc. launched a secondary offering of Corebridge Financial Inc. common stock, which had earlier been postponed due to market volatility. As the selling ...
Source: BestWire   Date: June 6, 2023
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Corebridge Financial Posts First-Quarter Loss on Fortitude Re Funds Derivative Losses
Corebridge said in a statement. "We generated strong sales with attractive margins across our businesses, and positive net flows in our general account," Chief Executive Officer ...
Source: BestWire   Date: May 9, 2023
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Corebridge Cites $3 Billion Real Estate Sale in 2021, Realized Losses as It Posts $566M Fourth-Quarter Net Loss
American International Group Inc. "As we look ahead, the external environment remains uncertain, but we are steadfastly focused on executing our strategies and delivering on our ...
Source: BestWire   Date: February 17, 2023
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AIG, Stone Point Establish High Net Worth Managing General Agency
American International Group Inc. said it entered into a binding memorandum of understanding with private equity firm Stone Point Capital LLC to form an independent managing ...
Source: BestWire   Date: February 13, 2023
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