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AIG To Sell Its Global Individual Personal Travel Insurance And Assistance Business To Zurich Insurance Group For $600 Mln



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June 26 (Reuters) -Aig AIG.N:

  • TO SELL ITS GLOBAL PERSONAL TRAVEL INSURANCE AND ASSISTANCE BUSINESS INCLUDING TRAVEL GUARD® TO ZURICH

  • SELL ITS GLOBAL INDIVIDUAL PERSONAL TRAVEL INSURANCE AND ASSISTANCE BUSINESS TO ZURICH INSURANCE GROUP FOR $600 MILLION

  • AGREEMENT INCLUDES TRAVEL GUARD BUSINESS AND ITS SERVICING CAPABILITIES, EXCLUDING JAPAN AND OUR AIG JOINT VENTURE ARRANGEMENT IN INDIA

  • CURRENT POLICYHOLDERS WILL CONTINUE TO BE COVERED WITH NO DISRUPTION OR CHANGE TO THEIR SERVICE.

Source text for Eikon: ID:nBw1dCgXTa

Further company coverage: AIG.N


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