---
schema_version: "secwatch.filing_event.v1"
accession: "0000005272-24-000063"
form_type: "8-K"
ticker: "AIG"
cik: "0000005272"
company_name: "AMERICAN INTERNATIONAL GROUP, INC."
filed_at: "2024-06-13T23:59:59+00:00"
generated_at: "2026-06-01T04:43:44.947430+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AIG deconsolidates Corebridge after stake drops to 48.4%; reports pro forma results as discontinued ops

## Summary
- AIG reduced Corebridge ownership to 48.4% and waived board majority rights on June 9, 2024, ending consolidation.
- Historical Corebridge results will be reported as discontinued operations starting Q2 2024; fair value option elected for retained stake.
- AIG sold ~5% (30M shares) of Corebridge on May 30, 2024 for $876M; pending sale of 20% to Nippon Life for $3.8B ($31.47/sh) expected Q1 2025.
- Pro forma Q1 2024 net income attributable to AIG common shareholders is $2,370M vs. reported $1,194M, reflecting deconsolidation adjustments.
- AIG will account for its 48.4% Corebridge interest as an equity method investment at fair value; changes in stock price included in net investment income.

## SEC filing metadata
- accession: 0000005272-24-000063
- form_type: 8-K
- ticker: AIG
- cik: 0000005272
- company_name: AMERICAN INTERNATIONAL GROUP, INC.
- filed_at: 2024-06-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/5272/000000527224000063/0000005272-24-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/5272/000000527224000063/aig-20240609.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000005272-24-000063
- JSON: https://secwatch.observer/filing/0000005272-24-000063.json
- Plain text: https://secwatch.observer/filing/0000005272-24-000063.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.