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AIG Expands South American Footprint with Everest Chile Acquisition

American International Group is set to acquire Everest Compañía de Seguros Generales Chile, marking a strategic expansion into the Andean insurance market. The agreement encompasses the entirety of the firm's licensed operations, its professional workforce, and a diverse existing portfolio focused on corporate and upper-middle-income clients.

AIG Expands South American Footprint with Everest Chile Acquisition

The acquisition grants AIG control over a specialized insurance business that covers property, energy, marine, financial lines, and casualty sectors. Integration efforts are currently underway, with the transaction expected to finalize in the first half of 2027. This move follows AIG’s recent successful acquisition of Everest Compañía de Seguros Generales Colombia, signaling a broader regional consolidation strategy for the insurer.

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