Business

Add as a preferred source on Google

AIG Agrees to Buy Everest’s Chile Insurance Unit After Colombia Purchase

The two transactions extend AIG’s insurance footprint in Latin America, where the company has operated for decades.

Updated 1 min read
Pedestrians cross Avenida Apoquindo in Santiago’s Las Condes financial district, Chile. / EconoTimes.ai
Pedestrians cross Avenida Apoquindo in Santiago’s Las Condes financial district, Chile. / EconoTimes.ai

With a Colombian acquisition complete, American International Group (AIG) has also agreed to acquire Everest Group’s Chilean subsidiary, extending the insurer’s reach across Latin America.

AIG completed the purchase of Everest Group’s Colombian insurance business on Oct. 30. The separate agreement covers the group’s Chilean insurance subsidiary.

AIG has operated in Latin America for decades, and the transactions add to its regional insurance presence.

Related articles

View all