|
|
|
06.02.26 - 22:33
|
AIG Completes Acquisitions of Strategic Minority Ownership Stakes in Convex Group and Onex Corporation (Business Wire)
|
|
|
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has completed the acquisitions of strategic minority ownership stakes in Convex Group Limited (“Convex”), a privately held, global specialty insurer, and Onex Corporation (“Onex”) (TSE: ONEX), a publicly traded global asset manager.
Pursuant to these transactions, AIG has acquired an approximately 35% equity interest in Convex for approximately $2.1 billion, and a 9.9% ownership stake in Onex for approximately $642 million. In conjunction with AIG's investment in Convex, Onex has become the majority shareholder in Convex with a 63% ownership interest.
Peter Zaffino, Chairman & Chief Executive Officer, AIG said, “We could not be more pleased to announce the completion of our minority ownership stakes in Convex and Onex and are confident that these long-term investments will continue to strategically position AIG for growth in the future and will be accretive to AIG's earnings and return on equity i...
|
|
|
|
|
|
|
06.02.26 - 17:57
|
AM Best Assigns Credit Ratings to Southbridge Compañía de Seguros Generales S.A. (Business Wire)
|
|
|
MEXICO CITY--(BUSINESS WIRE)--#insurance--AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to Southbridge Compañía de Seguros Generales S.A. (Southbridge) (Santiago, Chile). The outlook assigned to these Credit Ratings (ratings) is stable.
The ratings reflect Southbridge's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM), as well as the ongoing support it receives from being part of the Fairfax Financial Holdings Limited (Fairfax) [TSX: FFH] group of companies.
Southbridge is a property/casualty (P/C) insurer, incorporated on May 6, 1980, in Santiago, Chile. Formerly known as AIG Chile Compañía de Seguros Generales, the company changed its name when it was acquired by Fairfax in July of 2017.
Southbridge is authorized to underwrite insurance and reinsurance, and the company is focused on non-...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
16.01.26 - 15:21
|
AIG to Report Fourth Quarter and Full Year 2025 Financial Results on February 10, 2026, and Host Conference Call on February 11, 2026 (Business Wire)
|
|
|
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) will report financial results for the fourth quarter and full year ended December 31, 2025, after the market closes on Tuesday, February 10, 2026. AIG's press release and financial supplement will be available in the Investors section of AIG's website at https://www.aig.com.
AIG will also host a conference call on Wednesday, February 11, 2026, at 8:30 a.m. ET to review these results. The live, listen-only webcast is open to the public and can be accessed in the Investors section of https://www.aig.com. A replay will be available after the call at the same location.
About AIG
American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in more than 200 countries and jurisdictions protect their assets and manage risks through AIG operations, licenses and authorizations as well as network partners. For additional information, visit www...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
