Corebridge Financial, Inc. announced that it has entered into a definitive agreement to sell its UK life insurance business (operating as AIG Life Limited), to Aviva plc for a total consideration of £460 million in cash. The sale is expected to close in the first half of 2024, subject to customary closing conditions including regulatory…
American International Group announced that Peter Zaffino, President & Chief Executive Officer, will assume the additional role of Chairman of the Board of Directors, effective January 1, 2022. As previously announced, Brian Duperreault, currently Executive Chairman, will retire from the Board of Directors at year end 2021. “The AIG Board of Directors has great confidence…
American International Group, announced the appointment of Jon Hancock as Chief Executive Officer, International General Insurance. Hancock will report to Peter Zaffino, President & Global Chief Operating Officer, AIG, and Chief Executive Officer, General Insurance, and serve on the General Insurance Executive Leadership Team. In his new appointment, Hancock will lead the International operations of…