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NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced it has met the requirements for the deconsolidation of Corebridge Financial (NYSE: CRBG) for accounting purposes. 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.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Credit Ratings (ratings) of the members of Corebridge Financial (Corebridge) remain unchanged following the recently announced definitive agreement whereby American International Group, Inc. (AIG) will sell a 20% share in Corebridge to Nippon Life Insurance Company for approximately USD $3.8 billion in a straight cash transaction. AIG has agreed to maintain a 9.9% ownership stake for two years post-closing of the deal. The members o.
Corebridge (CRBG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Rising premiums, investment income and streamlining initiatives bode well for Corebridge (CRBG).
In the latest trading session, Corebridge Financial (CRBG) closed at $27.54, marking a +0.04% move from the previous day.
Investors looking for stocks in the Insurance - Multi line sector might want to consider either Corebridge Financial (CRBG) or BB Seguridade Participacoes SA (BBSEY). But which of these two stocks offers value investors a better bang for their buck right now?
Corebridge (CRBG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Corebridge: A Favorable Interest Rate Environment Supports Ongoing Upside
From a technical perspective, Corebridge Financial (CRBG) is looking like an interesting pick, as it just reached a key level of support. CRBG recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Investors interested in stocks from the Insurance - Multi line sector have probably already heard of Corebridge Financial (CRBG) and BB Seguridade Participacoes SA (BBSEY). But which of these two stocks is more attractive to value investors?