NYSE:AIGInsurance
AIG Deepens Insurance And Investment Ecosystem With Convex And Onex Stakes
American International Group (NYSE:AIG) has taken minority stakes in Convex Group and Onex Corporation.
AIG will participate in Convex’s underwriting portfolio as part of the transaction.
The company has made a significant capital commitment to funds managed by Onex.
AIG will also have representation on Onex’s board, deepening the relationship between the firms.
For you as an investor, these moves sit at the intersection of insurance underwriting and asset management, two core areas for...