AM Best: AIG’s Blackstone deal ‘an important step’ in deconsolidation
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AM Best: AIG’s Blackstone deal ‘an important step’ in deconsolidation

Rachel Dalton
July 16, 2021
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AM Best board room logo.jpg

AM Best has called AIG’s new life and retirement partnership with Blackstone “an important step toward full deconsolidation”, as it retained the carrier’s A rating.

On Wednesday, AIG announced it had agreed to sell a 9.9% stake in its life and retirement business to Blackstone for $2.2bn,

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Rachel Dalton
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