Everest Group to sell its Colombian operations to AIG

Everest Group has signed an agreement with American International Group (AIG) to sell its Colombian subsidiary, “Everest Compañía de Seguros Generales Colombia.”

The transaction forms part of the Bermuda-based group’s strategy to refocus its portfolio on its core international reinsurance operations and insurance activities serving businesses and individuals.

Subject to regulatory approvals, the transaction is expected to be completed in early 2027.