Aig announces plans to form independent managing general agency to serve high net worth and ultra high net worth markets

New york--(business wire)--american international group (nyse: aig) today announced that it has entered into a binding memorandum of understanding with stone point capital llc (stone point), a leading private equity firm focused on investing in businesses within the global financial services industry, to form an independent managing general agency (mga) to serve high net worth and ultra high net worth markets.
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