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AIG Completes Sale of 21st Century Insurance to Zurich Financial Services Group Unit.

Publication: Investment Weekly News
Publication Date: 18-JUL-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
American International Group, Inc. (AIG) announced that it has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG's U.S. personal auto insurance business, to Farmers Group, Inc. (FGI), a subsidiary of Zurich, for $1.9 billion, consisting of $1.7 billion in cash and $200 million...

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