BRIEF-AIG To Sell Its Global Individual Personal Travel Insurance And Assistance Business To Zurich Insurance Group For $600 Mln-March 2024-www.financetom.com

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

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

Jun 25, 2024 10:37 PM

June 26 (Reuters) - Aig:

* 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.

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