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AIG Rumored to Sell 21st Century Insurance to Zurich Financial Services AG for Billions

posted 171 weeks ago on CrackInsurance

As AIG continues divesting itself of businesses, it looks like it is ready to put 21st Century Insurance up on the chopping block. When AIG purchased the minority stake that it didn't already own in 2007, it valued the business at approximately $1.9 billion. We've already spoken ad nauseum about AIG's divestitures where Greenberg was unhappy, [...] Related posts:AIG Continues Sell-offAIG sells Life Insurance of Canada SubsidiaryAIG may sell Car Insurance Branch
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