The Japanese are taking over

AIG has agreed to maintain a 9.9% ownership stake in Corebridge for two years after the closing.

Since its inception, the company has raised more than $30 million and is on track to grow accelerated term life insurance premiums by 5x in 2020.

The program includes 3D virtual assistants that provide Nippon Life sales representatives with information about the full variety of Nippon Life policies and related services. The company's more than 45,000 sales representatives access the content via their mobile devices, which offers convenience, speed, and the ability to retrieve information around the clock.