Aviva Plc completes acquisition of AIG Life UK

Aviva plc
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Aviva plc (LON:AV) has announced that, following receipt of all necessary approvals, it has completed the acquisition of AIG Life Limited (“AIG Life UK”) from Corebridge Financial, Inc, a quoted subsidiary of American International Group, Inc (“AIG”), for consideration of £453m.

The acquisition of AIG Life UK was first announced on 25 September 2023.

Aviva is a British multinational insurance company headquartered in London, England. It has about 18 million customers across its core markets of the United Kingdom, Ireland and Canada.

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