AIG preparing to say goodbye to life and retirement segment for good
February 20, 2024 by John Hilton
American International Group (AIG) continues to shed assets in a streamlining led by CEO Peter Zaffino. One of those exiting business segments, life and retirement, remains a big moneymaker.
AIG executives met this morning with Wall Street analysts to provide color and detail on its fourth-quarter and full-year earnings. The venerable insurer is down to a 52% ownership stake in Corebridge Financial, its separated life and retirement division.
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Originally Posted at InsuranceNewsNet on February 14, 2024 by John Hilton.
Categories: Industry Articles