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Everest Announces Agreement to Sell Chile Insurance Operations to AIG

Business Wire•30/10/2026•10:30 ET
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Key Highlights

  • ➤Everest agrees to sell Chile insurance operations to AIG
  • ➤Everest completes sale of Colombia insurance business to AIG
  • ➤Chile transaction expected to close in first half of 2027
  • ➤Transactions advance Everest’s planned exit from commercial retail insurance

Expert Statements

Jim Williamson, President and Chief Executive Officer of Everest

“These 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.”

Jim Williamson, President and Chief Executive Officer of Everest

“We 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.”

Everest Announces Agreement to Sell Chile Insurance Operations to AIG

Completes Sale of Colombia Insurance Business, Advancing Planned Exit from Commercial Retail Insurance

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