Houston, April 9, 2024–(Business wire(- Corebridge Financial, Inc. (NYSE: CRBG) announced today that it has completed the previously announced sale of its UK life insurance division (doing business as AIG Life Limited) to Aviva plc.
With this operation, Corebridge will be able to focus on life and retirement products and solutions in the United States.
JP Morgan Securities LLC served as financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisor to Corebridge.
About Corbridge Financial
Corebridge Financial, Inc. operates To attract more people to make decisions in their financial lives. With more than $380 billion in assets under management and administration as of December 31, 2023, Corebridge Financial is one of the largest providers of pension solutions and insurance products in the United States. We are proud to partner with financial professionals and institutions to help people plan, save, and achieve a secure financial future. For more information visit corebridgefinancial.com And follow us on LinkedIn And Youtube. These references to additional information about Corebridge are provided for informational purposes, and the information contained at these sites is not incorporated by reference into this news release.
About AIG
American International Group, Inc. (NYSE: AIG) is a leading global insurance company. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG's operations and its network of partners. For more information visit www.aig.com. This website containing additional information about AIG is provided for informational purposes only, and the information contained herein is not incorporated by reference into this news release.
AIG is the marketing name for the international operations of American International Group, Inc. All products and services are warranted or provided by American International Group, Inc.'s subsidiaries or affiliates. Products or services may not be available in all countries and jurisdictions. Coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Some property damage coverages may be provided by your surplus lines insurance company. Surplus lines insurance companies typically do not participate in state guarantee funds, so policyholders are not protected by these funds.
The original source language text of this statement is the official authorized version. Translations are provided only as an edit and must be checked against the source language text, which is the only version of the text that will have legal effect.
View the original on Businesswire.com: https://www.businesswire.com/news/home/20240408650406/es/
Contacts
Corbridge Contacts:
Eysil Mudrisoglu (Investors): [email protected]
Matt Ward (press): [email protected]
AIG Contacts:
Quentin McMillan (Investors): [email protected]
Claire Talcott (press): [email protected]
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