American International Group, Inc. (AIG) has completed the acquisition of strategic minority ownership stakes in Convex Group Limited and Onex Corporation. AIG acquired approximately a 35% equity interest in Convex for around $2.1 billion and a 9.9% ownership stake in Onex for approximately $642 million. As part of these transactions, Onex has become the majority shareholder in Convex with a 63% ownership interest. Additionally, AIG will begin participating in a whole account quota share of Convex’s business starting January 1, 2026, with plans to increase cessions in 2027 and 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AIG - American International Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260206864876) on February 06, 2026, and is solely responsible for the information contained therein.