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AIG to sell 20% stake in Corebridge to Japan's Nippon Life for $3.8 bn
J.P. Morgan Securities advised AIG on the deal, which is expected to close by the first quarter of 2025
AIG names new CFO with life and retirement unit split under way
Fitzsimons joined AIG in July 2019 and was most recently serving as the insurer's chief administrative officer
AIG CEO Brian Duperreault may reduce buybacks, focus on acquisitions
AIG has returned $18.1 billion to shareholders through buybacks since announcing the plan last year
AIG CEO Peter Hancock to resign after dismal earnings, successor unclear
The incoming CEO will be AIG's sixth in 12 years
AIG sees uncertainty in 'too-big-to-fail' label for insurers-filing
In 2008, AIG nearly got collapsed and get $182 billion bailout by the US government
Ex-AIG chief settles accounting fraud case
Greenberg will pay about $9 million and former AIG CFO Howard Smith will pay about $900
AIG to pay Buffett's Berkshire Hathaway about $10 bn in insurance deal
To take on many long-term risks on the US commercial insurance policies it has already written
