07:55 AM EDT, 06/10/2024 (MT Newswires) -- American International Group ( AIG ) said Monday it has completed requirements for deconsolidating of Corebridge Financial ( CRBG ).

AIG Chief Executive Peter Zaffino will continue to chair Corebridge's board of directors, AIG said.

AIG owns about 48.4% of Corebridge Financial's ( CRBG ) common stock, the insurance company said.

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