{"id":1015811,"date":"2026-10-30T10:33:03","date_gmt":"2026-10-30T14:33:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/everest-announces-agreement-to-sell-chile-insurance-operations-to-aig\/"},"modified":"2026-10-30T10:33:03","modified_gmt":"2026-10-30T14:33:03","slug":"everest-announces-agreement-to-sell-chile-insurance-operations-to-aig","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/everest-announces-agreement-to-sell-chile-insurance-operations-to-aig\/","title":{"rendered":"Everest Announces Agreement to Sell Chile Insurance Operations to AIG"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Everest Announces Agreement to Sell Chile Insurance Operations to AIG<\/b><\/p>\n<p class=\"bwalignc\"><i>Completes Sale of Colombia Insurance Business, Advancing Planned Exit from Commercial Retail Insurance<\/i><\/p>\n<p>HAMILTON, Bermuda&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nEverest Group, Ltd. (\u201cEverest\u201d or \u201cthe Company\u201d) (NYSE: EG), a global specialty reinsurance and insurance leader, today announced that it has entered into a definitive agreement to sell Everest Compa\u00f1\u00eda de Seguros Generales Chile S.A. to American International Group, Inc. (NYSE: AIG). The agreement represents the final planned divestiture of Everest\u2019s Latin American insurance operations as part of its strategic exit from commercial retail insurance.<\/p>\n<p>\nEverest also announced the completion of its previously disclosed sale of its Colombia insurance business, Everest Compa\u00f1\u00eda de Seguros Generales Colombia S.A., to AIG.<\/p>\n<p>\n\u201cThese milestones mark meaningful progress in building a stronger, more focused organization centered on the businesses where we see the greatest opportunity to deliver long-term value,\u201d said Jim Williamson, President and Chief Executive Officer of Everest. \u201cWe have been deliberate in aligning our operations with our strategic priorities, and these transactions bring us closer to completing that work. I am grateful to our colleagues in Latin America for their dedication and contributions to Everest.\u201d<\/p>\n<p>\nThe sale of the Chile insurance business is expected to close in the first half of 2027, subject to customary regulatory approvals and closing conditions.<\/p>\n<p><b>About Everest<\/b><\/p>\n<p>\nEverest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers\u2019 most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide.<\/p>\n<p>\nEverest common stock (NYSE: EG) is a component of the S&amp;P 500 index.<\/p>\n<p>\nAdditional information about Everest, our people, and our products can be found on our website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.everestglobal.com%2F&amp;esheet=54632030&amp;newsitemid=20261030098009&amp;lan=en-US&amp;anchor=www.everestglobal.com&amp;index=1&amp;md5=b552001a731e2d1d443a96b9368a83c4\">www.everestglobal.com<\/a>.<\/p>\n<p><b>Forward-looking Statements<\/b><\/p>\n<p>\nThis news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other U.S. federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. federal securities laws. Forward-looking statements about the sale transaction, strategic repositioning and Commercial Retail Insurance operations exit plans reflect management\u2019s current expectations based on assumptions we believe are reasonable but are not guarantees of performance. Actual results may differ materially from those contained in forward-looking statements made by or on behalf of the Company. Forward-looking statements involve risks and uncertainties including the actual impact of the sale transaction, strategic repositioning and Commercial Retail Insurance operations exit plans and other factors described in our SEC filings, including but not limited to our latest Annual Report on Form 10-K. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261030098009r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20261030098009\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20261030098009\/en\/<\/a><\/span><\/p>\n<p>\nMedia: Dawn Lauer<br \/>\n<br \/>Chief Communications Officer<br \/>\n<br \/>908.300.7670<\/p>\n<p>\nInvestors: Matt Rohrmann<br \/>\n<br \/>Head of Investor Relations<br \/>\n<br \/>908.604.7343<\/p>\n<p><b>KEYWORDS:<\/b> United Kingdom Colombia Chile Caribbean Latin America South America Bermuda Ireland Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Insurance Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20261030098009\/en\/1836142\/3\/Everest_Logo_7_10_23.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Everest Announces Agreement to Sell Chile Insurance Operations to AIG Completes Sale of Colombia Insurance Business, Advancing Planned Exit from Commercial Retail Insurance HAMILTON, Bermuda&#8211;(BUSINESS WIRE)&#8211; Everest Group, Ltd. (\u201cEverest\u201d or \u201cthe Company\u201d) (NYSE: EG), a global specialty reinsurance and insurance leader, today announced that it has entered into a definitive agreement to sell Everest Compa\u00f1\u00eda de Seguros Generales Chile S.A. to American International Group, Inc. (NYSE: AIG). The agreement represents the final planned divestiture of Everest\u2019s Latin American insurance operations as part of its strategic exit from commercial retail insurance. Everest also announced the completion of its previously disclosed sale of its Colombia insurance business, Everest Compa\u00f1\u00eda de Seguros Generales Colombia S.A., to AIG. \u201cThese milestones mark meaningful progress &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/everest-announces-agreement-to-sell-chile-insurance-operations-to-aig\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Everest Announces Agreement to Sell Chile Insurance Operations to AIG&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1015811","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Everest Announces Agreement to Sell Chile Insurance Operations to AIG - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/everest-announces-agreement-to-sell-chile-insurance-operations-to-aig\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Everest Announces Agreement to Sell Chile Insurance Operations to AIG - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Everest Announces Agreement to Sell Chile Insurance Operations to AIG Completes Sale of Colombia Insurance Business, Advancing Planned Exit from Commercial Retail Insurance HAMILTON, Bermuda&#8211;(BUSINESS WIRE)&#8211; Everest Group, Ltd. (\u201cEverest\u201d or \u201cthe Company\u201d) (NYSE: EG), a global specialty reinsurance and insurance leader, today announced that it has entered into a definitive agreement to sell Everest Compa\u00f1\u00eda de Seguros Generales Chile S.A. to American International Group, Inc. (NYSE: AIG). The agreement represents the final planned divestiture of Everest\u2019s Latin American insurance operations as part of its strategic exit from commercial retail insurance. Everest also announced the completion of its previously disclosed sale of its Colombia insurance business, Everest Compa\u00f1\u00eda de Seguros Generales Colombia S.A., to AIG. \u201cThese milestones mark meaningful progress &hellip; Continue reading &quot;Everest Announces Agreement to Sell Chile Insurance Operations to AIG&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/everest-announces-agreement-to-sell-chile-insurance-operations-to-aig\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-30T14:33:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261030098009r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/everest-announces-agreement-to-sell-chile-insurance-operations-to-aig\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/everest-announces-agreement-to-sell-chile-insurance-operations-to-aig\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Everest Announces Agreement to Sell Chile Insurance Operations to AIG\",\"datePublished\":\"2026-10-30T14:33:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/everest-announces-agreement-to-sell-chile-insurance-operations-to-aig\\\/\"},\"wordCount\":537,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/everest-announces-agreement-to-sell-chile-insurance-operations-to-aig\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20261030098009r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/everest-announces-agreement-to-sell-chile-insurance-operations-to-aig\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/everest-announces-agreement-to-sell-chile-insurance-operations-to-aig\\\/\",\"name\":\"Everest Announces Agreement to Sell Chile Insurance Operations to AIG - 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