AIG files for IPO of life and retirement business
![life and retirement](https://s32566.pcdn.co/wp-content/uploads/2022/03/AIG-1-951x634.jpg.optimal.jpg)
The insurer's life and retirement arm, which has $411 billion in client assets, will be renamed Corebridge Financial once it goes public.
American International Group Inc. filed for an IPO of its life and retirement arm, one of the final steps in a years-long effort to simplify the sprawling insurer.
The business will be renamed Corebridge Financial Inc. once the initial public offering is complete, AIG said in a filing Monday. The
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