AIG Announces Long-Term Strategic Investment in Top-Performing Global Specialty Insurer Convex Group and an Equity Stake in Global Asset Manager Onex Corporation
Group 1 - American International Group, Inc. (AIG) announced strategic investments in Convex Group Limited and Onex Corporation, acquiring minority stakes in both companies [1] - Convex Group, founded in 2019, is a privately held global specialty insurer, while Onex Corporation is a global asset manager [1] - The investments will allow AIG to participate in Convex's growth and invest in Onex's high-performing investment funds [1]