AIG to sell 20% stake in Corebridge to Nippon Life for $3.8bn
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AIG to sell 20% stake in Corebridge to Nippon Life for $3.8bn

The deal represents a major milestone in AIG’s repositioning as a pure-play P&C insurer.

By Samuel Casey
May 16, 2024
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AIG has agreed to sell 120 million shares of Corebridge common stock to Japanese insurer Nippon Life for an aggregate price of $3.8bn

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