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AIG to acquire the majority of renewal rights to Everest Group's global retail insurance portfolio in $2 billion deal

By Yahoo! Finance   |   1 month ago
AIG to acquire the majority of renewal rights to Everest Group's global retail insurance portfolio in $2 billion deal

AIG is acquiring Everest Group's retail insurance portfolio for $2 billion, expanding its customer base without taking on past liabilities. This deal aligns with CEO Peter Zaffino's strategy to transform the company, boosting AIG's growth in the general insurance sector.

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