trending Market Intelligence /marketintelligence/en/news-insights/trending/k1_kMGUtHkW5GBd5K5hVCA2 content esgSubNav
In This List

AIG completes sale of adviser network

Blog

Banking Essentials Newsletter: 7th February Edition

Blog

Insurance Underwriting Transformed How Insurers Can Harness Probability of Default Models for Smarter Credit Decisions

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


AIG completes sale of adviser network

American InternationalGroup Inc. has completed the sale of its adviser business to funds affiliatedwith private equity firm LightyearCapital LLC and PublicSector Pension Investment Board.

The dealwas announced Jan. 26 as part of the insurance giant's plan to shed assets and becomeleaner.

AIG Adviser Group has more than 5,200 independent advisers and800 full-time employees. The business includes the brokers FSC Securities Corp., Royal Alliance Associates Inc., SagePoint Financial Inc. and Woodbury Financial Services Inc.