|Bid||62.02 x 800|
|Ask||62.03 x 800|
|Day's Range||61.48 - 62.24|
|52 Week Range||45.66 - 64.88|
|Beta (5Y Monthly)||1.15|
|PE Ratio (TTM)||9.47|
|Earnings Date||Oct 30, 2023 - Nov 03, 2023|
|Forward Dividend & Yield||1.44 (2.34%)|
|Ex-Dividend Date||Sept 14, 2023|
|1y Target Est||66.44|
(Bloomberg) -- Aviva Plc is buying American International Group Inc.’s UK protection business for £460 million ($563 million) in a deal that would expand the UK insurer’s presence in the local market.Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wake-Up CallBonds Fall, Dollar Rallies as Hawkish Fed Sinks In: Markets WrapHollywood Screenwriters Reach Dea
Aviva said on Monday it had agreed to buy the UK life insurance business of AIG for 460 million pounds ($563 million), in the largest acquisition to date by the British insurer's CEO Amanda Blanc. Aviva said it would buy the unit - known as AIG Life UK - from Corebridge Financial, Inc, a New York-listed company majority-owned by AIG. Over the past three years, Blanc has prioritised hiking Aviva's investor returns and refocused the company on its core markets by raising billions selling business units around the world.
NEW YORK, September 21, 2023--American International Group (NYSE: AIG) today announced that Edward L. Dandridge has joined the company as Executive Vice President and Chief Marketing & Communications Officer, effective October 16, 2023. Mr. Dandridge will report to Peter Zaffino, Chairman & Chief Executive Officer, and serve on AIG’s Executive Leadership Team.