AIG closes HNW spin-out with Stone Point, crop business sale to AFG
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AIG closes HNW spin-out with Stone Point, crop business sale to AFG

Jairo Ibarra
July 03, 2023
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AIG has closed the spin-out of its $1.4bn-premium US high-net-worth (HNW) operation Private Client Group (PCG) with private equity house Stone Point.

In addition, the insurer completed the $240mn sale of its agribusiness unit Crop Risk Services to American Financial Group.

The

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Topics

NewsAIGPrivate equityHigh net worth
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Jairo Ibarra
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