LONDON, April 9 (Reuters) - British insurer Aviva
said on Tuesday it had completed the 453 million pound ($574
million) acquisition of AIG's UK life insurance
business, sealing the largest takeover under CEO Amanda Blanc to
date.
Aviva announced the deal in September. The company is buying
the unit - known as AIG Life UK - from Corebridge Financial Inc ( CRBG )
, a New York-listed company majority-owned by AIG.
Blanc said last month that Aviva would continue to look for
"selective" acquisitions, after announcing a full-year profit
that beat analyst forecasts.
Aviva in March agreed an acquisition to re-enter the
historic Lloyd's insurance market with a 242 million pound ($306
million) deal to buy insurance platform Probitas.
($1 = 0.7901 pounds)