AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B
American International Group today said it has a definite agreement to acquire the renewal rights of Everest Group’s retail commercial insurance business. Everest will focus on its reinsurance, global wholesale and specialty insurance businesses. The renewal rights of Everest’s retail commercial business total about $2 billion of aggregate gross premiums written. Peter Zaffino “We expect … Read more