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AIG interim CFO Lyons fired over confidentiality breach
Sabra Purtill succeeds Lyons as the insurer's interim CFO, while Turab Hussain was named interim chief actuary.
AIG files for IPO of life and retirement business
The insurer's life and retirement arm, which has $411 billion in client assets, will be renamed Corebridge Financial once it goes public.
BlackRock to manage up to $150 billion in AIG portfolios
The giant fund manager will oversee liquid fixed-income and private placement assets for the insurance company.
J.P. Morgan, AIG to offer annuity tool for 401(k) plans
SmartRetirement Plus will pair J.P. Morgan's target-date funds with AIG's IncomEdge Control annuity to meet the needs of plan participants who would like to receive regular monthly income in retirement.
Two named to top posts at AIG unit
Bryan Pinsky will lead individual retirement at AIG Life & Retirement, while Tim Heslin will head the U.S. life insurance business.
Halo adds AIG annuities
The fee-based products will be part of Halo's digital platform, which also offers structured notes, market-linked CDs and buffered ETFs.
4 life insurance and retirement trends to watch
We can learn from the last year and look back on it as a catalyst to achieve long-term, sustainable and far-reaching positive change.
Jackson National top seller of annuities in 2020
The insurer also led in variable annuity sales last year, while New York Life sold the most fixed annuities.
AIG is seeing interest in life and retirement business
The company said that year that it would separate the life and retirement unit from its sprawling property-casualty operation, furthering the dismantling of the insurance giant.
New York slaps AIG with $12 million penalty over pension risk transfers
Regulators say the insurance company’s American General Life subsidiary operated in the state without a license, undertaking four large-scale pension risk transfers and bidding on others.
AIG to split off life insurance and retirement unit, names new CEO
Peter Zaffino, currently the company's president, will succeed current CEO Brian Duperreault March 1
Workers need more help with retirement plans: Report
401(k) providers improved service overall this year — but not when it comes to communicating about COVID-19, according to Cogent
SEC orders AIG unit to pay $40 million for disclosure violations in teacher retirement plans
Effort highlights agency’s teacher initiative, but expert calls it ‘slap on wrist’
SEC reportedly probing AIG sales practices for retirement products
Insurer's stock drops on report the agency is looking at the unit that handles retirement plans for school districts and universities.
SEC reportedly probing AIG sales practices for retirement products
Insurer's stock drops on report the agency is looking at the unit that handles retirement plans for school districts and universities.
Jackson National loses top annuity sales spot to AIG
A surge in fixed and indexed annuity sales last year helped AIG boost its annuity sales by $4.1 billion.
Whiskey insurance is far from old-fashioned — demand is skyrocketing
The rise in prices and attendant need for insurance give a view into the changing landscape of alternative investments.
Erica McGinnis stepping down as CEO of Advisor Group
The broker-dealer network is seeking a new chief executive as Valerie Brown temporarily fills the role.
After buying AIG Advisor Group, Lightyear’s Marron looking for more acquisitions
Lightyear Capital's Donald Marron looks to add new investment products and services.
Kevin Beard, head of recruiting at AIG Advisor Group, resigns
His departure comes more than two months after AIG announced the sale of AIG Advisor Group to Lightyear Capital and PSP Investments.
