Houston, April 9, 2024–(BUSINESS WIRE)–CoreBridge Financial Inc. (NYSE: CRBG) today announced that the previously announced sale of its UK life insurance business (operating as AIG Life Limited) to Aviva PLC has been completed. did.
The transaction will allow Corebridge 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.
About Corebridge Financial
Corebridge Financial, Inc. empowers more people to take action in their financial lives. With over $380 billion in assets under management and management as of December 31, 2023, Corebridge Financial is one of the largest retirement solutions and insurance product providers in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save, and achieve a secure financial future. For more information, visit corebridgefinancial.com and follow us on LinkedIn and YouTube. These references containing additional information about Corebridge are provided as a convenience and the information contained on such websites is not incorporated by reference into this press release.
About AIG
American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG, through its operating and network partners, provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risk. For more information, please visit www.aig.com. This website containing additional information about AIG is provided as a convenience and the information contained on such website is not incorporated by reference into this press release.
AIG is the marketing name for American International Group, Inc.’s worldwide operations. All products and services are created or provided by American International Group, Inc. subsidiaries or affiliates. Products or services may not be available in all countries, jurisdictions, or territories. Subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property damage coverage may be provided by surplus lines insurance companies. Surplus insurance companies typically do not participate in state guarantee funds, so insureds are not protected by such funds.
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contact address
Core Bridge Contact:
Işıl Müderrisoğlu (Investor): investorrelations@corebridgefinancial.com
Matt Ward (Media): media.contact@corebridgefinancial.com
AIG contact information:
Quentin McMillan (Investor): quentin.mcmillan@aig.com
Claire Talcott (Media): claire.talcott@aig.com
