American International Group (AIG) has announced plans to acquire minority stakes in both specialty insurer Convex Group and asset manager Onex Corporation. Under the proposed agreements, AIG intends to obtain a 35% equity stake in Convex Group for around $2.1bn, as well as a 9.9$646m. The deals are expected to close in the first half of 2026, contingent on regulatory clearance and customary closing requirements. Convex Group, which started operations in 2019, opera ...