NEW YORK–(Company WIRE)–Mar 28, 2022–
American Intercontinental Group, Inc. (NYSE: AIG) currently declared that it designs to rebrand SAFG Retirement Expert services, Inc., the dad or mum firm of its Life & Retirement business enterprise, as Corebridge Money, Inc. when it gets a general public firm.
“Today’s announcement represents continued progress as we prepare our Lifestyle & Retirement small business to be a standalone organization,” claimed Peter Zaffino, Chairman & CEO, AIG.
AIG’s Everyday living & Retirement small business is one of the biggest suppliers of retirement methods and insurance coverage products and solutions in the United States. The Person Retirement, Group Retirement, Daily life Insurance and Institutional Marketplaces companies deliver options that aid men and women, and the establishments that guidance them, handle today’s advanced monetary and retirement desires.
“Our crew of committed colleagues do the job difficult each individual working day to obtain options that let individuals to get motion and build a safe bridge to their economical futures,” said Kevin Hogan, Executive Vice President and Main Govt Officer of Everyday living & Retirement. “As Corebridge, we will carry on to proudly associate with economical and retirement specialists to assist their clientele sense assured and determined today, and in handle of their tomorrow.”
No assurance can be presented relating to the form that future separation transactions may just take or the distinct phrases or timing thereof, or that a separation will in actuality take place. Any separation transaction will be matter to the satisfaction of a variety of ailments and approvals, which includes receipt of insurance plan department and other necessary regulatory approvals, and fulfillment of any relevant necessities of the Securities and Trade Fee (SEC).
This news launch is not an provide to promote, or a solicitation of an present to invest in, any securities.
About AIG
American Worldwide Group, Inc. (AIG) is a foremost world coverage business. AIG member firms offer a wide range of house casualty insurance policies, lifetime insurance, retirement remedies, and other fiscal solutions to buyers in around 70 nations and jurisdictions. These assorted choices involve products and providers that aid corporations and people guard their assets, handle threats and give for retirement protection. AIG frequent stock is shown on the New York Stock Trade.
More info about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance www.twitter.com/AIGinsurance | LinkedIn: www.linkedin.com/firm/aig. These references with extra information and facts about AIG have been delivered as a convenience, and the facts contained on this sort of websites is not integrated by reference into this push launch.
AIG is the advertising identify for the around the world home-casualty, life and retirement, and general coverage functions of American Worldwide Team, Inc. For supplemental information and facts, you should check out our site at www.aig.com. All solutions and companies are published or supplied by subsidiaries or affiliate marketers of American Intercontinental Team, Inc. Solutions or solutions may possibly not be accessible in all international locations and jurisdictions, and protection is subject to underwriting specifications and actual coverage language. Non-insurance coverage solutions and solutions could be delivered by independent 3rd get-togethers. Particular assets-casualty coverages could be furnished by a surplus strains insurance company. Surplus lines insurers do not commonly take part in condition warranty money, and insureds are consequently not secured by this sort of money.
About AIG’s Daily life & Retirement Enterprise
AIG’s Everyday living & Retirement company, which is getting rebranded as Corebridge Monetary, provides with each other a broad portfolio of safety, retirement financial savings, expense and life span income options to aid people today accomplish money and retirement protection. The business is made up of 4 operating segments – Personal Retirement, Group Retirement, Life Insurance plan and Institutional Marketplaces – and retains longstanding, main market positions in lots of of the marketplaces it serves.
The Lifestyle & Retirement organization consists of AIG member coverage corporations American Common Everyday living Coverage Company (Houston, TX), The United States Lifetime Insurance plan Company in the Town of New York, and The Variable Annuity Lifetime Coverage Business (VALIC), Houston, TX as well as their affiliates. AIG’s Life & Retirement also incorporates the United kingdom daily life insurance policies company AIG Lifetime Constrained and Laya Health care in Eire. Securities items are dispersed by AIG Capital Solutions, Inc., member FINRA. Additional information and facts about Everyday living & Retirement can be found at lifeandretirement.aig.com.
Perspective supply edition on businesswire.com:https://www.businesswire.com/information/home/20220328005592/en/
Speak to: Quentin McMillan (Investors):[email protected]
Dana Ripley (Media):[email protected]
Key word: NEW YORK UNITED STATES NORTH America
Industry Key phrase: Professional Providers OTHER Consumer Purchaser Insurance policy FINANCE BANKING
Resource: American Worldwide Group, Inc.
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PUB: 03/28/2022 04:45 PM/DISC: 03/28/2022 04:47 PM