shutterstock_319481531
16 May 2024Insurance

AIG trims Corebridge shares in $3.8bn deal with Japanese giant

Global insurance group American International Group (AIG) has agreed to sell a portion of its Corebridge common stock to Nippon Life Insurance Company for an aggregate purchase price of $3.8 billion.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Reinsurance
2 May 2024   AIG as reinsurance junkie: could hike attachment points $500m and still be below peers.
Insurance
2 May 2024   Int’l commercial lines gained enough margin to recoup profits lost on asset sales.
Insurance
30 April 2024   AIG’s current chief human resources & diversity officer moves to general counsel role.