AIG Says Met Requirements For Deconsolidation Of Corebridge For Accounting Purposes; Peter Zaffino To Continue As Chairman Of Corebridge

6/10/24 6:33:30 AM ET

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AIG owns approximately 48.35% of Corebridge Financial's common stock. The deconsolidation is a result of AIG's decision to waive its right to majority representation on the Corebridge Financial Board of Directors and the resignation of Chris Schaper, Executive Vice President, Global Chief Underwriting Officer, AIG, from Corebridge Financial's Board of Directors.

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Recent Analyst Ratings for
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Company	Date	Price Target	Rating	Analyst
American International Group Inc. New $AIG	10/15/2024	$90.00 → $84.00	Outperform → Market Perform	BMO Capital Markets
American International Group Inc. New $AIG	10/10/2024	$93.00 → $89.00	Neutral → Overweight	JP Morgan
Corebridge Financial Inc. $CRBG	10/9/2024	$35.00	Buy	TD Cowen
Corebridge Financial Inc. $CRBG	9/5/2024	$33.00	Equal Weight	Barclays
American International Group Inc. New $AIG	9/5/2024	$90.00	Overweight	Barclays
American International Group Inc. New $AIG	5/15/2024	$86.00	Buy → Hold	HSBC Securities
American International Group Inc. New $AIG	2/20/2024	$75.00 → $77.00	Buy → Neutral	BofA Securities
American International Group Inc. New $AIG	1/10/2024	$78.00	Market Perform	TD Cowen

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AIG Says Met Requirements For Deconsolidation Of Corebridge For Accounting Purposes; Peter Zaffino To Continue As Chairman Of Corebridge

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