Everest unit in Colombia Acquired by AIG | Financial Services M&A Deal

AIG has acquired the Everest unit in Colombia, a insurance brokerage business in Colombia. The Everest unit provides insurance brokerage services for commercial and corporate clients, supporting placement, risk advisory, and policy management across the local market. AIG acquisitions in financial services M&A aim to strengthen its Latin American footprint and expand distribution for insurance brokerage offerings in Colombia. The divestiture acquisition is an announced strategic acquisition, with Everest exiting its Colombia operations as part of the deal. Deal size is undisclosed, and the transaction terms and closing timeline were not provided.