Wednesday, April 15, 2009

Plans of vending US auto unit by AIG to Zurich!

Based on few sources there is hottest news that AIG (American International Group Inc) is planning to vend its US auto insurance business to Swiss insurer Zurich Financial Services for about USD 1.5 billion. This deal will be announced soon but it’s not yet finalized and moreover if this deal is finalized then it’s a great benefit to the insurer.The unit which is been vended comprises the 21st

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