Everest sells renewal rights for global retail insurance business to AIG
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Everest sells renewal rights for global retail insurance business to AIG

AIG will fold the portfolio into its existing business, leaving the liabilities and legal entities with Everest.

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AIG has struck a deal to acquire the renewal rights for a $2bn book of insurance business from Everest, as the Bermudian seeks to clean up its story by slimming its insurance operations down to focus on US E&S...

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