Cost Savings and Strategic Growth
Executing on Plans to Reposition the Business
•
•
Divestitures
Acquisitions
Full Service Retirement business (1)
•
Programmatic acquisitions and
investments in asset
PALAC traditional Variable Annuity
block(1)
management and emerging
markets:
Alexforbes (2)
Business Investment
Partnership with Mercado Libre to
sell Life and A&H products
Expanding FlexGuard suite of
products
Reducing market sensitivity and investing in businesses to support higher growth
(1)
22
Completed sales of the Full Service Retirement business and the PALAC traditional Variable Annuity block in April 2022.
(2) Completed acquisition of 15% strategic minority interest of Alexforbes in South Africa in 2Q22 and launched a public tender offer to increase stake up to 33%.
Expanding access to investing, insurance, and retirement security
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